Michael Hill International Limited

ASX:MHJ Stock Report

Mkt Cap: AU$398.7m

Michael Hill International Dividend

What is Michael Hill International current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend 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
How does MHJ dividend yield compare to the market?
SegmentDividend 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

How stable has Michael Hill International's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
6/30/20250.0862
6/30/20240.0753
6/30/20230.0723
2/4/20230.087.62
8/30/20220.087.02
2/24/20220.076.39
8/22/20210.065.55
2/23/20210.033.87
8/18/2020-0
2/25/20200.038.96
8/15/20190.034.87
2/26/20190.058.62
8/26/20180.057.49
2/21/20180.055
8/20/20170.054.35
2/16/20170.054.08
8/18/20160.053.42
2/11/20160.0473.48

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.


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