Michael Hill International Dividend
Dividend criteria checks 2/6
Michael Hill International is a dividend paying company with a current yield of 5.15%.
Key information
5.1%
Dividend yield
154%
Payout ratio
| Industry average yield | 4.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | AU$0.034 |
| Dividend yield forecast in 3Y | 7.6% |
Recent dividend updates
Recent updates
Michael Hill International Limited's (ASX:MHJ) CEO Compensation Is Looking A Bit Stretched At The Moment
Nov 07
Michael Hill International (ASX:MHJ) Is Reducing Its Dividend To A$0.035
Aug 28Is Michael Hill International Limited (ASX:MHJ) Potentially Undervalued?
Mar 20Michael Hill International (ASX:MHJ) Is Increasing Its Dividend To AU$0.035
Feb 24Returns At Michael Hill International (ASX:MHJ) Appear To Be Weighed Down
Dec 29If You Like EPS Growth Then Check Out Michael Hill International (ASX:MHJ) Before It's Too Late
Oct 16At AU$0.81, Is It Time To Put Michael Hill International Limited (ASX:MHJ) On Your Watch List?
May 04Michael Hill International (ASX:MHJ) Could Be Struggling To Allocate Capital
Apr 11Four Days Left To Buy Michael Hill International Limited (ASX:MHJ) Before The Ex-Dividend Date
Mar 06If You Had Bought Michael Hill International's (ASX:MHJ) Shares Three Years Ago You Would Be Down 36%
Feb 28How Many Michael Hill International Limited (ASX:MHJ) Shares Did Insiders Buy, In The Last Year?
Feb 05We Think Michael Hill International's (ASX:MHJ) Statutory Profit Might Understate Its Earnings Potential
Jan 15Should You Be Impressed By Michael Hill International's (ASX:MHJ) Returns on Capital?
Dec 25
When Should You Buy Michael Hill International Limited (ASX:MHJ)?
Dec 07If You Had Bought Michael Hill International's (ASX:MHJ) Shares Three Years Ago You Would Be Down 55%
Nov 22Trade Alert: The Non-Executive Independent Director Of Michael Hill International Limited (ASX:MHJ), Robert Fyfe, Has Just Spent AU$245k Buying 45% More Shares
Sep 01We're Watching These Trends At Michael Hill International (ASX:MHJ)
Aug 19Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MHJ has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: MHJ has only been paying a dividend for 8 years, and since then payments have fallen.
Dividend Yield vs Market
| Michael Hill International Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MHJ) | 5.1% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.3% |
| Industry Average (Specialty Retail) | 4.8% |
| Analyst forecast in 3 Years (MHJ) | 7.6% |
Notable Dividend: MHJ's dividend (5.15%) is higher than the bottom 25% of dividend payers in the Australian market (2.62%).
High Dividend: MHJ's dividend (5.15%) is low compared to the top 25% of dividend payers in the Australian market (6.25%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (154.1%), MHJ's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (68.2%), MHJ's dividend payments are covered by cash flows.