Michael Hill International Dividend
What is Michael Hill International current dividend yield, its reliability and sustainability?
Dividend Score
4/6Dividend Score 4/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
7.62%
Current Dividend Yield
Dividend Yield vs Market
| Michael Hill International Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MHJ) | 7.6% |
| Market Bottom 25% (AU) | 2.5% |
| Market Top 25% (AU) | 6.6% |
| Industry Average (Specialty Retail) | 5.3% |
| Analyst forecast in 3 Years (MHJ) | 7.3% |
Notable Dividend: MHJ's dividend (7.62%) is higher than the bottom 25% of dividend payers in the Australian market (2.5%).
High Dividend: MHJ's dividend (7.62%) is in the top 25% of dividend payers in the Australian market (6.57%)
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 6/30/2025 | 0.086 | 2 |
| 6/30/2024 | 0.075 | 3 |
| 6/30/2023 | 0.072 | 3 |
| 2/4/2023 | 0.08 | 7.62 |
| 8/30/2022 | 0.08 | 7.02 |
| 2/24/2022 | 0.07 | 6.39 |
| 8/22/2021 | 0.06 | 5.55 |
| 2/23/2021 | 0.03 | 3.87 |
| 8/18/2020 | - | 0 |
| 2/25/2020 | 0.03 | 8.96 |
| 8/15/2019 | 0.03 | 4.87 |
| 2/26/2019 | 0.05 | 8.62 |
| 8/26/2018 | 0.05 | 7.49 |
| 2/21/2018 | 0.05 | 5 |
| 8/20/2017 | 0.05 | 4.35 |
| 2/16/2017 | 0.05 | 4.08 |
| 8/18/2016 | 0.05 | 3.42 |
| 2/11/2016 | 0.047 | 3.48 |
Stable Dividend: MHJ has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: MHJ's dividend payments have increased, but the company has only paid a dividend for 7 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (62.3%), MHJ's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34.1%), MHJ's dividend payments are well covered by cash flows.