Metro Dividend
Dividend criteria checks 4/6
Metro is a dividend paying company with a current yield of 1.85% that is well covered by earnings. Next payment date is on 4th June, 2024 with an ex-dividend date of 14th May, 2024.
Key information
1.9%
Dividend yield
30%
Payout ratio
| Industry average yield | 1.3% |
| Next dividend pay date | 04 Jun 24 |
| Ex dividend date | 14 May 24 |
| Dividend per share | n/a |
| Earnings per share | CA$4.36 |
| Dividend yield forecast in 3Y | 2.1% |
Recent dividend updates
Recent updates
Returns Are Gaining Momentum At Metro (TSE:MRU)
Apr 17
Getting In Cheap On Metro Inc. (TSE:MRU) Is Unlikely
Apr 01Is Metro (TSE:MRU) Using Too Much Debt?
Feb 26The CEO Of Metro Inc. (TSE:MRU) Might See A Pay Rise On The Horizon
Jan 24The Return Trends At Metro (TSE:MRU) Look Promising
Jan 17We Ran A Stock Scan For Earnings Growth And Metro (TSE:MRU) Passed With Ease
Jan 02Some Shareholders Feeling Restless Over Metro Inc.'s (TSE:MRU) P/E Ratio
Dec 18Estimating The Fair Value Of Metro Inc. (TSE:MRU)
Dec 01Is Metro (TSE:MRU) Using Too Much Debt?
Nov 03Returns At Metro (TSE:MRU) Are On The Way Up
Oct 19Metro (TSE:MRU) Ticks All The Boxes When It Comes To Earnings Growth
Sep 22Metro Inc. (TSE:MRU) Shares Could Be 43% Below Their Intrinsic Value Estimate
Aug 23Does Metro (TSE:MRU) Have A Healthy Balance Sheet?
Jul 27Slowing Rates Of Return At Metro (TSE:MRU) Leave Little Room For Excitement
Jul 11Here's Why We Think Metro (TSE:MRU) Is Well Worth Watching
Jun 13Are Investors Undervaluing Metro Inc. (TSE:MRU) By 21%?
May 17Does Metro (TSE:MRU) Have A Healthy Balance Sheet?
Apr 22Metro's (TSE:MRU) Upcoming Dividend Will Be Larger Than Last Year's
Jan 28Is Metro (TSE:MRU) A Risky Investment?
Jan 06With EPS Growth And More, Metro (TSE:MRU) Makes An Interesting Case
Nov 17Metro (TSE:MRU) Seems To Use Debt Quite Sensibly
Sep 07Estimating The Intrinsic Value Of Metro Inc. (TSE:MRU)
Aug 25Does Metro (TSE:MRU) Deserve A Spot On Your Watchlist?
Aug 12Metro (TSE:MRU) Seems To Use Debt Quite Sensibly
May 29A Look At The Fair Value Of Metro Inc. (TSE:MRU)
May 14Metro (TSE:MRU) Has A Pretty Healthy Balance Sheet
Feb 16Metro's (TSE:MRU) Upcoming Dividend Will Be Larger Than Last Year's
Jan 29Shareholders Will Likely Find Metro Inc.'s (TSE:MRU) CEO Compensation Acceptable
Jan 20Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MRU's dividends per share have been stable in the past 10 years.
Growing Dividend: MRU's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Metro Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MRU) | 1.9% |
| Market Bottom 25% (CA) | 1.9% |
| Market Top 25% (CA) | 6.5% |
| Industry Average (Consumer Retailing) | 1.3% |
| Analyst forecast in 3 Years (MRU) | 2.1% |
Notable Dividend: MRU's dividend (1.85%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.9%).
High Dividend: MRU's dividend (1.85%) is low compared to the top 25% of dividend payers in the Canadian market (6.5%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.8%), MRU's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.3%), MRU's dividend payments are well covered by cash flows.