MaxiPARTS Dividend
Dividend criteria checks 2/6
MaxiPARTS is a dividend paying company with a current yield of 2.4% that is well covered by earnings.
Key information
2.4%
Dividend yield
44%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | AU$0.12 |
Dividend yield forecast in 3Y | 3.9% |
Recent dividend updates
Recent updates
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 |
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Segment | Dividend Yield |
---|---|
Company (MXI) | 2.4% |
Market Bottom 25% (AU) | 2.6% |
Market Top 25% (AU) | 6.3% |
Industry Average (Machinery) | 2.2% |
Analyst forecast in 3 Years (MXI) | 3.9% |
Notable Dividend: MXI's dividend (2.4%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.59%).
High Dividend: MXI's dividend (2.4%) is low compared to the top 25% of dividend payers in the Australian market (6.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.6%), MXI's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (40.6%), MXI's dividend payments are well covered by cash flows.