Metro Dividend
Dividend criteria checks 4/6
Metro is a dividend paying company with a current yield of 1.62% that is well covered by earnings. Next payment date is on 12th November, 2024 with an ex-dividend date of 24th October, 2024.
Key information
1.6%
Dividend yield
2.8%
Buyback Yield
| Total Shareholder Yield | 4.5% |
| Future Dividend Yield | 2.0% |
| Dividend Growth | 1.5% |
| Next dividend pay date | 12 Nov 24 |
| Ex dividend date | 24 Oct 24 |
| Dividend per share | CA$1.340 |
| Payout ratio | 32% |
Recent dividend updates
Recent updates
These 4 Measures Indicate That Metro (TSE:MRU) Is Using Debt Reasonably Well
Oct 28
Estimating The Fair Value Of Metro Inc. (TSE:MRU)
Sep 04Earnings Update: Metro Inc. (TSE:MRU) Just Reported Its Third-Quarter Results And Analysts Are Updating Their Forecasts
Aug 17Metro (TSE:MRU) Has More To Do To Multiply In Value Going Forward
Aug 02Do Metro's (TSE:MRU) Earnings Warrant Your Attention?
Jul 15Here's Why Metro (TSE:MRU) Can Manage Its Debt Responsibly
Jun 28A Look At The Intrinsic Value Of Metro Inc. (TSE:MRU)
May 29Returns Are Gaining Momentum At Metro (TSE:MRU)
Apr 17Getting 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 12Stability 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) | 1.6% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.2% |
| Industry Average (Consumer Retailing) | 1.2% |
| Analyst forecast (MRU) (up to 3 years) | 2.0% |
Notable Dividend: MRU's dividend (1.62%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.76%).
High Dividend: MRU's dividend (1.62%) is low compared to the top 25% of dividend payers in the Canadian market (6.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.9%), MRU's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.2%), MRU's dividend payments are well covered by cash flows.