Martinrea International Dividends and Buybacks
Dividend criteria checks 5/6
Martinrea International is a dividend paying company with a current yield of 2.03% 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
2.0%
Dividend yield
7.9%
Buyback Yield
| Total Shareholder Yield | 10.0% |
| Future Dividend Yield | 2.0% |
| Dividend Growth | 5.6% |
| 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
Slowing 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) | 2.0% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.1% |
| Industry Average (Auto Components) | 2.8% |
| Analyst forecast (MRE) (up to 3 years) | 2.0% |
Notable Dividend: MRE's dividend (2.03%) is higher than the bottom 25% of dividend payers in the Canadian market (1.77%).
High Dividend: MRE's dividend (2.03%) is low compared to the top 25% of dividend payers in the Canadian market (6.11%).
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.