Mayfield Childcare Dividend
What is Mayfield Childcare current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Mayfield Childcare Dividend Yield vs Market|
|Market Bottom 25% (AU)||2.7%|
|Market Top 25% (AU)||6.9%|
|Industry Average (Consumer Services)||1.4%|
|Analyst forecast in 3 Years (MFD)||7.6%|
Notable Dividend: MFD's dividend (4.53%) is higher than the bottom 25% of dividend payers in the Australian market (2.73%).
High Dividend: MFD's dividend (4.53%) is low compared to the top 25% of dividend payers in the Australian market (6.86%).
Stability and Growth of Payments
Stable Dividend: MFD has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: MFD has only been paying a dividend for 5 years, and since then payments have fallen.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (63.4%), MFD's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.7%), MFD's dividend payments are well covered by cash flows.