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 Yield	4.3%
Dividend Growth	-11.5%
Next dividend pay date	n/a
Ex dividend date	n/a
Dividend per share	AU$0.0514
Payout ratio	48%

Recent dividend and buyback updates

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

Aug 29

Recent updates

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

Aug 26

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

Apr 18

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

Feb 18

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

Dec 25

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

Nov 20

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?
Segment	Dividend Yield
Company (MXI)	2.7%
Market Bottom 25% (AU)	2.7%
Market Top 25% (AU)	6.1%
Industry Average (Machinery)	2.9%
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 (2.68%).

High Dividend: MXI's dividend (2.75%) is low compared to the top 25% of dividend payers in the Australian market (6.11%).

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

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/28 00:10
End of Day Share Price	2024/12/27 00:00
Earnings	2024/06/30
Annual Earnings	2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

MaxiPARTS Limited is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Warren Jeffries	Canaccord Genuity
Piers Flanagan	EL&C Baillieu
Katie Belle	Lodge Partners Pty Ltd.

MaxiPARTS Dividends and Buybacks

Dividend criteria checks 3/6

Key information

Recent dividend and buyback updates

MaxiPARTS Limited Announces Ordinary Dividend for the Twelve Months Period Ended June 30, 2024, Payable on September 19, 2024

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

MaxiPARTS Limited Proposes Fully Franked Final Dividend, Payable on 15 September 2023

Upcoming dividend of AU$0.025 per share

MaxiPARTS Limited Announces Ordinary Dividend for the Full Year Ended June 30, 2022, Payable on September 19, 2022

MaxiPARTS Limited Announces Special Dividend, Payable on December 24, 2021

Recent updates

MaxiPARTS Limited, Annual General Meeting, Nov 21, 2024

MD, CEO & Director recently bought AU$207k worth of stock

Consensus EPS estimates fall by 11%

Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

First half dividend reduced to AU$0.026

MaxiPARTS Limited Announces Ordinary Dividend for the Twelve Months Period Ended June 30, 2024, Payable on September 19, 2024

MaxiPARTS Limited to Report Fiscal Year 2024 Results on Aug 22, 2024

High number of new and inexperienced directors

Price target decreased by 13% to AU$2.91

Consensus EPS estimates fall by 19%

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

Independent Chairman of the Board recently bought AU$61k worth of stock

First half 2024 earnings released: EPS: AU$0.056 (vs AU$0.078 in 1H 2023)

First half dividend of AU$0.026 announced

MaxiPARTS Limited to Report First Half, 2024 Results on Feb 22, 2024

Consensus EPS estimates fall by 14%

New minor risk - Shareholder dilution

MaxiPARTS Limited has filed a Follow-on Equity Offering in the amount of AUD 17.227181 million.

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

MaxiPARTS Limited has completed a Follow-on Equity Offering in the amount of AUD 17.227181 million.

MaxiPARTS Limited, Annual General Meeting, Nov 23, 2023

MD, CEO & Director exercised options to buy AU$551k worth of stock.

High number of new and inexperienced directors

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

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target decreased by 7.2% to AU$3.35

MaxiPARTS Limited Proposes Fully Franked Final Dividend, Payable on 15 September 2023

MaxiPARTS Limited to Report Fiscal Year 2023 Results on Aug 24, 2023

MaxiPARTS Limited (ASX:MXI) completed the acquisition of 80% stake in Forch Australia Pty Ltd.

Price target increased by 17% to AU$4.22

Investor sentiment improves as stock rises 19%

First half 2023 earnings released: EPS: AU$0.078 (vs AU$0.075 in 1H 2022)

MaxiPARTS Limited to Report First Half, 2023 Results on Feb 24, 2023

Price target decreased to AU$3.60

MaxiPARTS Limited, Annual General Meeting, Oct 20, 2022

MaxiPARTS Limited Appoints Debra Stirling as an Independent, Non-Executive Director

Upcoming dividend of AU$0.025 per share

Full year 2022 earnings: EPS and revenues miss analyst expectations

MaxiPARTS Limited Announces Ordinary Dividend for the Full Year Ended June 30, 2022, Payable on September 19, 2022

Independent Non-Executive Director recently bought AU$103k worth of stock

MaxiPARTS Limited Announces Management Changes

MaxiPARTS Limited Announces Board Changes

Price target decreased to AU$4.00

Price target decreased to AU$4.00

Investor sentiment deteriorated over the past week

Now 20% undervalued after recent price drop

First half 2022 earnings released

MaxiTRANS Industries Limited Provides Group Earnings Guidance for the Fiscal Year 2021

MaxiPARTS Limited has completed a Follow-on Equity Offering in the amount of AUD 15.361978 million.

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

MaxiPARTS Limited Announces Special Dividend, Payable on December 24, 2021

High number of new and inexperienced directors

Investor sentiment improved over the past week

Is MaxiPARTS (ASX:MXI) A Risky Investment?

MD & CEO Dean Jenkins has left the company

MD, CEO & Executive Director recently bought AU$100k worth of stock

MD, CEO & Executive Director recently bought AU$100k worth of stock

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

MaxiTRANS Industries Limited Proposes Fully Franked Special Dividend to Be Paid as Part of the Funds Distribution from the Sale of the Trailer Solutions Group

Full year 2021 earnings released: EPS AU$0.031 (vs AU$0.19 loss in FY 2020)

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

MaxiTRANS Industries Limited Announces Executive Cangas

Independent Non-Executive Director has left the company

First half 2021 earnings released: EPS AU$0.031 (vs AU$0.078 loss in 1H 2020)

Revenue beats expectations

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

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

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

New 90-day high: AU$0.29