Mayfield Group Holdings Dividend
Dividend criteria checks 2/6
Mayfield Group Holdings is a dividend paying company with a current yield of 2.42% that is well covered by earnings. Next payment date is on 22nd August, 2024 with an ex-dividend date of 7th August, 2024.
Key information
2.4%
Dividend yield
25%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | 22 Aug 24 |
| Ex dividend date | 07 Aug 24 |
| Dividend per share | n/a |
| Earnings per share | AU$0.079 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Mayfield Group Holdings (ASX:MYG) Will Be Hoping To Turn Its Returns On Capital Around
Jul 19
Mayfield Group Holdings Limited's (ASX:MYG) Shares Climb 31% But Its Business Is Yet to Catch Up
Dec 19Mayfield Group Holdings (ASX:MYG) Shareholders Will Want The ROCE Trajectory To Continue
Nov 13We Like These Underlying Return On Capital Trends At Mayfield Group Holdings (ASX:MYG)
Aug 08Mayfield Group Holdings (ASX:MYG) Shareholders Will Want The ROCE Trajectory To Continue
Apr 18Mayfield Group Holdings Limited's (ASX:MYG) 33% Share Price Plunge Could Signal Some Risk
Jan 19Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether MYG's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if MYG's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Mayfield Group Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MYG) | 2.4% |
| Market Bottom 25% (AU) | 2.7% |
| Market Top 25% (AU) | 6.3% |
| Industry Average (Electrical) | 1.8% |
| Analyst forecast in 3 Years (MYG) | n/a |
Notable Dividend: MYG's dividend (2.42%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.67%).
High Dividend: MYG's dividend (2.42%) is low compared to the top 25% of dividend payers in the Australian market (6.28%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.1%), MYG's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (16.6%), MYG's dividend payments are well covered by cash flows.