Midway Dividend
Dividend criteria checks 1/6
Midway is a dividend paying company with a current yield of 2.03%.
Key information
2.0%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 2.0% |
| Dividend Growth | -19.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AU$0.016 |
| Payout ratio | 163% |
Recent dividend updates
Recent updates
Midway Limited's (ASX:MWY) Shares Bounce 29% But Its Business Still Trails The Industry
Aug 31
Midway Limited's (ASX:MWY) Business Is Yet to Catch Up With Its Share Price
May 06Health Check: How Prudently Does Midway (ASX:MWY) Use Debt?
Apr 08There Are Reasons To Feel Uneasy About Midway's (ASX:MWY) Returns On Capital
Oct 03Is Midway (ASX:MWY) A Risky Investment?
May 31Calculating The Fair Value Of Midway Limited (ASX:MWY)
May 05Midway (ASX:MWY) Will Be Hoping To Turn Its Returns On Capital Around
Mar 27Here's Why Midway (ASX:MWY) Has A Meaningful Debt Burden
Mar 01Midway's(ASX:MWY) Share Price Is Down 66% Over The Past Three Years.
Feb 08An Intrinsic Calculation For Midway Limited (ASX:MWY) Suggests It's 35% Undervalued
Jan 13
Should You Take Comfort From Insider Transactions At Midway Limited (ASX:MWY)?
Dec 17What Can We Make Of Midway's (ASX:MWY) CEO Compensation?
Nov 26Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MWY has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: MWY has only been paying a dividend for 8 years, and since then payments have fallen.
Dividend Yield vs Market
| Midway Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MWY) | 2.0% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.1% |
| Industry Average (Forestry) | 2.8% |
| Analyst forecast (MWY) (up to 3 years) | 2.0% |
Notable Dividend: MWY's dividend (2.03%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.59%).
High Dividend: MWY's dividend (2.03%) is low compared to the top 25% of dividend payers in the Australian market (6.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (162.9%), MWY's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11.3%), MWY's dividend payments are thoroughly covered by cash flows.