MaxiPARTS Dividends and Buybacks

Dividend criteria checks 3/6

MaxiPARTS is a dividend paying company with a current yield of 2.75% that is well covered by earnings.

Key information

2.7%

Dividend yield

-15.6%

Buyback Yield

Total Shareholder Yield-12.9%
Future Dividend Yield4.3%
Dividend Growth-11.5%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareAU$0.0514
Payout ratio48%

Recent dividend and buyback updates

MaxiPARTS (ASX:MXI) Is Increasing Its Dividend To A$0.0322

Aug 29
MaxiPARTS (ASX:MXI) Is Increasing Its Dividend To A$0.0322

Recent updates

Does MaxiPARTS (ASX:MXI) Have A Healthy Balance Sheet?

May 08
Does MaxiPARTS (ASX:MXI) Have A Healthy Balance Sheet?

If EPS Growth Is Important To You, MaxiPARTS (ASX:MXI) Presents An Opportunity

Nov 16
If EPS Growth Is Important To You, MaxiPARTS (ASX:MXI) Presents An Opportunity

MaxiPARTS (ASX:MXI) Is Increasing Its Dividend To A$0.0322

Aug 29
MaxiPARTS (ASX:MXI) Is Increasing Its Dividend To A$0.0322

Is Now An Opportune Moment To Examine MaxiPARTS Limited (ASX:MXI)?

Dec 08
Is Now An Opportune Moment To Examine MaxiPARTS Limited (ASX:MXI)?

Is MaxiPARTS (ASX:MXI) A Risky Investment?

Oct 18
Is MaxiPARTS (ASX:MXI) A Risky Investment?

Shareholders Will Be Pleased With The Quality of MaxiTRANS Industries' (ASX:MXI) Earnings

Aug 26
Shareholders Will Be Pleased With The Quality of MaxiTRANS Industries' (ASX:MXI) Earnings

Health Check: How Prudently Does MaxiTRANS Industries (ASX:MXI) Use Debt?

Apr 18
Health Check: How Prudently Does MaxiTRANS Industries (ASX:MXI) Use Debt?

How Does MaxiTRANS Industries' (ASX:MXI) CEO Salary Compare to Peers?

Feb 18
How Does MaxiTRANS Industries' (ASX:MXI) CEO Salary Compare to Peers?

When Should You Buy MaxiTRANS Industries Limited (ASX:MXI)?

Dec 25
When Should You Buy MaxiTRANS Industries Limited (ASX:MXI)?

What Can We Conclude About MaxiTRANS Industries' (ASX:MXI) CEO Pay?

Nov 20
What Can We Conclude About MaxiTRANS Industries' (ASX:MXI) CEO Pay?

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: MXI's dividend payments have been volatile in the past 10 years.

Growing Dividend: MXI's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

MaxiPARTS Dividend Yield vs Market
How does MXI dividend yield compare to the market?
SegmentDividend Yield
Company (MXI)2.7%
Market Bottom 25% (AU)2.6%
Market Top 25% (AU)6.1%
Industry Average (Machinery)3.0%
Analyst forecast (MXI) (up to 3 years)4.3%

Notable Dividend: MXI's dividend (2.75%) is higher than the bottom 25% of dividend payers in the Australian market (2.63%).

High Dividend: MXI's dividend (2.75%) is low compared to the top 25% of dividend payers in the Australian market (6.14%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (47.9%), MXI's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (30.8%), MXI's dividend payments are well covered by cash flows.


Discover strong dividend paying companies