MyState Dividends and Buybacks
Dividend criteria checks 3/6
MyState is a dividend paying company with a current yield of 5.68% that is well covered by earnings.
Key information
5.7%
Dividend yield
-0.008%
Buyback Yield
| Total Shareholder Yield | 5.7% |
| Future Dividend Yield | 7.5% |
| Dividend Growth | -0.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AU$0.230 |
| Payout ratio | 72% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MYS's dividend payments have been volatile in the past 10 years.
Growing Dividend: MYS's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| MyState Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MYS) | 5.7% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.0% |
| Industry Average (Banks) | 3.9% |
| Analyst forecast (MYS) (up to 3 years) | 7.5% |
Notable Dividend: MYS's dividend (5.68%) is higher than the bottom 25% of dividend payers in the Australian market (2.63%).
High Dividend: MYS's dividend (5.68%) is low compared to the top 25% of dividend payers in the Australian market (6.14%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.8%), MYS's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MYS's dividends in 3 years are forecast to be covered by earnings (68.8% payout ratio).