Magontec Dividend
Dividend criteria checks 2/6
Magontec is a dividend paying company with a current yield of 3.64%.
Key information
3.7%
Dividend yield
201%
Payout ratio
| Industry average yield | 4.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | AU$0.0059 |
| Dividend yield forecast in 3Y | 3.7% |
Recent dividend updates
Magontec (ASX:MGL) Is Due To Pay A Dividend Of A$0.006
Mar 04
Magontec (ASX:MGL) Will Pay A Dividend Of A$0.006
Sep 06Recent updates
Magontec (ASX:MGL) Is Due To Pay A Dividend Of A$0.006
Mar 04Magontec (ASX:MGL) Shareholders Will Want The ROCE Trajectory To Continue
Jan 31Investors Will Want Magontec's (ASX:MGL) Growth In ROCE To Persist
Nov 01Magontec's (ASX:MGL) Soft Earnings Don't Show The Whole Picture
Sep 07Magontec (ASX:MGL) Will Pay A Dividend Of A$0.006
Sep 06Magontec (ASX:MGL) Seems To Use Debt Quite Sensibly
Sep 01Magontec (ASX:MGL) Knows How To Allocate Capital Effectively
Jul 19Is Magontec (ASX:MGL) Using Too Much Debt?
May 12Magontec Limited (ASX:MGL) Surges 48% Yet Its Low P/E Is No Reason For Excitement
Mar 06Why We Like The Returns At Magontec (ASX:MGL)
Jan 23Magontec (ASX:MGL) Seems To Use Debt Quite Sensibly
Oct 05Magontec (ASX:MGL) Is Experiencing Growth In Returns On Capital
Aug 12Is Magontec (ASX:MGL) A Risky Investment?
Apr 29Magontec (ASX:MGL) Hasn't Managed To Accelerate Its Returns
Feb 20Returns On Capital At Magontec (ASX:MGL) Have Hit The Brakes
Nov 08Magontec (ASX:MGL) Has A Pretty Healthy Balance Sheet
Oct 04It Looks Like Magontec Limited's (ASX:MGL) CEO May Expect Their Salary To Be Put Under The Microscope
May 18Here's Why Magontec (ASX:MGL) Has A Meaningful Debt Burden
May 04Here's What We Make Of Magontec's (ASX:MGL) Returns On Capital
Mar 06Does Magontec (ASX:MGL) Have A Healthy Balance Sheet?
Dec 15Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, MGL has been paying a dividend for less than 10 years.
Growing Dividend: MGL has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
| Magontec Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MGL) | 3.7% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.2% |
| Industry Average (Metals and Mining) | 4.9% |
| Analyst forecast in 3 Years (MGL) | 3.7% |
Notable Dividend: MGL's dividend (3.64%) is higher than the bottom 25% of dividend payers in the Australian market (2.67%).
High Dividend: MGL's dividend (3.64%) is low compared to the top 25% of dividend payers in the Australian market (6.25%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (201.1%), MGL's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (12.8%), MGL's dividend payments are thoroughly covered by cash flows.