Mitchell Services Dividend
Dividend criteria checks 4/6
Mitchell Services is a dividend paying company with a current yield of 9.76% that is well covered by earnings.
Key information
9.8%
Dividend yield
75%
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$0.055 |
Dividend yield forecast in 3Y | 9.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether MSV's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if MSV's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Mitchell Services Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (MSV) | 9.8% |
Market Bottom 25% (AU) | 2.6% |
Market Top 25% (AU) | 6.3% |
Industry Average (Metals and Mining) | 4.9% |
Analyst forecast in 3 Years (MSV) | 9.8% |
Notable Dividend: MSV's dividend (9.76%) is higher than the bottom 25% of dividend payers in the Australian market (2.6%).
High Dividend: MSV's dividend (9.76%) is in the top 25% of dividend payers in the Australian market (6.25%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (74.6%), MSV's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (21.7%), MSV's dividend payments are well covered by cash flows.