McGrath Dividend

What is McGrath current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


5.26%

Current Dividend Yield

Dividend Yield vs Market

McGrath Dividend Yield vs Market
How does MEA dividend yield compare to the market?
SegmentDividend Yield
Company (MEA)5.3%
Market Bottom 25% (AU)2.6%
Market Top 25% (AU)6.9%
Industry Average (Real Estate)3.1%
Analyst forecast in 3 Years (MEA)n/a

Notable Dividend: MEA's dividend (5.26%) is higher than the bottom 25% of dividend payers in the Australian market (2.62%).

High Dividend: MEA's dividend (5.26%) is low compared to the top 25% of dividend payers in the Australian market (6.94%).


Stability and Growth of Payments

How stable has McGrath's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
11/26/20220.025.26
8/23/20220.025.1
8/23/20210.024.1
2/22/20210.011.66
2/18/2019-0
8/20/2018-0
2/14/2018-0
8/23/20170.023.54
2/22/20170.023.16
8/23/20160.0353.79

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 6 years, and since then payments have fallen.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (27.7%), MEA's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (15.8%), MEA's dividend payments are well covered by cash flows.


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