Mayfield Group Holdings Dividends and Buybacks
Dividend criteria checks 3/6
Mayfield Group Holdings is a dividend paying company with a current yield of 5.3% that is well covered by earnings.
Key information
5.3%
Dividend yield
-0.5%
Buyback Yield
| Total Shareholder Yield | 4.8% |
| Future Dividend Yield | n/a |
| Dividend Growth | 19.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AU$0.040 |
| Payout ratio | 53% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, MYG has been paying a dividend for less than 10 years.
Growing Dividend: MYG's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Mayfield Group Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MYG) | 5.3% |
| Market Bottom 25% (AU) | 2.7% |
| Market Top 25% (AU) | 6.0% |
| Industry Average (Electrical) | 1.4% |
| Analyst forecast (MYG) (up to 3 years) | n/a |
Notable Dividend: MYG's dividend (5.3%) is higher than the bottom 25% of dividend payers in the Australian market (2.65%).
High Dividend: MYG's dividend (5.3%) is low compared to the top 25% of dividend payers in the Australian market (6%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.3%), MYG's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.5%), MYG's dividend payments are well covered by cash flows.