McGrath Dividend
Dividend criteria checks 3/6
McGrath is a dividend paying company with a current yield of 5% that is well covered by earnings.
Key information
5.0%
Dividend yield
33%
Payout ratio
Industry average yield | 3.1% |
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
Recent updates
Stability 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 |
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Segment | Dividend Yield |
---|---|
Company (MEA) | 5.0% |
Market Bottom 25% (AU) | 2.6% |
Market Top 25% (AU) | 6.3% |
Industry Average (Real Estate) | 3.1% |
Analyst forecast in 3 Years (MEA) | n/a |
Notable Dividend: MEA's dividend (5%) is higher than the bottom 25% of dividend payers in the Australian market (2.59%).
High Dividend: MEA's dividend (5%) is low compared to the top 25% of dividend payers in the Australian market (6.35%).
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.