Martinrea International Dividends and Buybacks
Dividend criteria checks 5/6
Martinrea International is a dividend paying company with a current yield of 2.21% that is well covered by earnings. Next payment date is on 15th January, 2025 with an ex-dividend date of 31st December, 2024.
Key information
2.2%
Dividend yield
8.6%
Buyback Yield
| Total Shareholder Yield | 10.8% |
| Future Dividend Yield | 2.2% |
| Dividend Growth | 5.7% |
| Next dividend pay date | 15 Jan 25 |
| Ex dividend date | 31 Dec 24 |
| Dividend per share | CA$0.200 |
| Payout ratio | 15% |
Recent dividend and buyback updates
Martinrea International (TSE:MRE) Will Pay A Dividend Of CA$0.05
Aug 12
Martinrea International (TSE:MRE) Will Pay A Dividend Of CA$0.05
Jun 14Martinrea International (TSE:MRE) Is Due To Pay A Dividend Of CA$0.05
May 14Recent updates
Market Still Lacking Some Conviction On Martinrea International Inc. (TSE:MRE)
Dec 17Slowing Rates Of Return At Martinrea International (TSE:MRE) Leave Little Room For Excitement
Nov 14Martinrea International (TSE:MRE) Will Pay A Dividend Of CA$0.05
Aug 12Martinrea International (TSE:MRE) Will Pay A Dividend Of CA$0.05
Jun 14Martinrea International (TSE:MRE) Is Due To Pay A Dividend Of CA$0.05
May 14Martinrea International's (TSE:MRE) Soft Earnings Are Actually Better Than They Appear
May 09Martinrea International (TSE:MRE) Is Paying Out A Dividend Of CA$0.05
Mar 05We Think Martinrea International (TSE:MRE) Is Taking Some Risk With Its Debt
Mar 03Martinrea International (TSE:MRE) Is Paying Out A Dividend Of CA$0.05
Dec 14We Think Martinrea International (TSE:MRE) Is Taking Some Risk With Its Debt
Oct 19Martinrea International (TSE:MRE) Has Affirmed Its Dividend Of CA$0.05
Sep 05Martinrea International's (TSE:MRE) Dividend Will Be CA$0.05
Aug 22Here's Why We Think Martinrea International (TSE:MRE) Is Well Worth Watching
Aug 13Martinrea International (TSE:MRE) May Have Issues Allocating Its Capital
Jul 22Does Martinrea International (TSE:MRE) Have A Healthy Balance Sheet?
Jun 08Martinrea International (TSE:MRE) Is Due To Pay A Dividend Of CA$0.05
May 12An Intrinsic Calculation For Martinrea International Inc. (TSE:MRE) Suggests It's 37% Undervalued
May 07Martinrea International (TSE:MRE) Is Paying Out A Dividend Of CA$0.05
Mar 07Some Investors May Be Worried About Martinrea International's (TSE:MRE) Returns On Capital
Mar 04Is Martinrea International (TSE:MRE) A Risky Investment?
Jan 27Martinrea International (TSE:MRE) Will Pay A Dividend Of CA$0.05
Dec 11Martinrea International (TSE:MRE) Will Pay A Dividend Of CA$0.05
Nov 17Capital Allocation Trends At Martinrea International (TSE:MRE) Aren't Ideal
Sep 30Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MRE's dividends per share have been stable in the past 10 years.
Growing Dividend: MRE's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Martinrea International Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MRE) | 2.2% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.4% |
| Industry Average (Auto Components) | 3.0% |
| Analyst forecast (MRE) (up to 3 years) | 2.2% |
Notable Dividend: MRE's dividend (2.21%) is higher than the bottom 25% of dividend payers in the Canadian market (1.81%).
High Dividend: MRE's dividend (2.21%) is low compared to the top 25% of dividend payers in the Canadian market (6.45%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (15.3%), MRE's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (7.4%), MRE's dividend payments are thoroughly covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:13 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Martinrea International Inc. is covered by 15 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Tamy Chen | BMO Capital Markets Equity Research |
| David Tyerman | Canaccord Genuity |
| Krista Friesen | CIBC Capital Markets |