MaxiPARTS Dividends and Buybacks
Dividend criteria checks 3/6
MaxiPARTS is a dividend paying company with a current yield of 2.72% that is well covered by earnings.
Key information
2.7%
Dividend yield
-15.5%
Buyback Yield
| Total Shareholder Yield | -12.8% |
| Future Dividend Yield | 4.2% |
| Dividend Growth | -11.6% |
| 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
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MXI) | 2.7% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.2% |
| Industry Average (Machinery) | 3.0% |
| Analyst forecast (MXI) (up to 3 years) | 4.2% |
Notable Dividend: MXI's dividend (2.72%) is higher than the bottom 25% of dividend payers in the Australian market (2.63%).
High Dividend: MXI's dividend (2.72%) is low compared to the top 25% of dividend payers in the Australian market (6.01%).
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.