McGrath Dividend
Dividend criteria checks 3/6
McGrath is a dividend paying company with a current yield of 5.04% that is well covered by earnings.
Key information
5.0%
Dividend yield
33%
Payout ratio
| Industry average yield | 3.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | AU$0.075 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
McGrath (ASX:MEA) Will Pay A Dividend Of A$0.01
Aug 30
McGrath (ASX:MEA) Is Paying Out A Larger Dividend Than Last Year
Feb 23Recent updates
McGrath Limited (ASX:MEA) Might Not Be As Mispriced As It Looks
Feb 12McGrath (ASX:MEA) Will Pay A Dividend Of A$0.01
Aug 30Here's Why We Think McGrath (ASX:MEA) Is Well Worth Watching
May 19McGrath (ASX:MEA) Is Paying Out A Larger Dividend Than Last Year
Feb 23If You Like EPS Growth Then Check Out McGrath (ASX:MEA) Before It's Too Late
Jan 27We Think McGrath's (ASX:MEA) Profit Is Only A Baseline For What They Can Achieve
Feb 28McGrath Limited (ASX:MEA) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?
Feb 03If You Had Bought McGrath's (ASX:MEA) Shares Five Years Ago You Would Be Down 75%
Dec 12Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MEA has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: MEA has only been paying a dividend for 8 years, and since then payments have fallen.
Dividend Yield vs Market
| McGrath Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MEA) | 5.0% |
| Market Bottom 25% (AU) | 2.7% |
| Market Top 25% (AU) | 6.6% |
| Industry Average (Real Estate) | 3.4% |
| Analyst forecast in 3 Years (MEA) | n/a |
Notable Dividend: MEA's dividend (5.04%) is higher than the bottom 25% of dividend payers in the Australian market (2.69%).
High Dividend: MEA's dividend (5.04%) is low compared to the top 25% of dividend payers in the Australian market (6.59%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.2%), MEA's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (86.4%), MEA's dividend payments are covered by cash flows.