MTY Food Group Dividend
Dividend criteria checks 4/6
MTY Food Group is a dividend paying company with a current yield of 2.32% that is well covered by earnings. Next payment date is on 15th May, 2024 with an ex-dividend date of 2nd May, 2024.
Key information
2.3%
Dividend yield
24%
Payout ratio
| Industry average yield | 3.3% |
| Next dividend pay date | 15 May 24 |
| Ex dividend date | 02 May 24 |
| Dividend per share | n/a |
| Earnings per share | CA$4.26 |
| Dividend yield forecast in 3Y | 2.3% |
Recent dividend updates
Recent updates
Investors Don't See Light At End Of MTY Food Group Inc.'s (TSE:MTY) Tunnel
Apr 15
MTY Food Group Inc. (TSE:MTY) Shares Could Be 47% Below Their Intrinsic Value Estimate
Feb 16Pinning Down MTY Food Group Inc.'s (TSE:MTY) P/E Is Difficult Right Now
Dec 20Is There An Opportunity With MTY Food Group Inc.'s (TSE:MTY) 27% Undervaluation?
Oct 13Return Trends At MTY Food Group (TSE:MTY) Aren't Appealing
Sep 13At CA$65.66, Is MTY Food Group Inc. (TSE:MTY) Worth Looking At Closely?
Jul 18A Look At The Fair Value Of MTY Food Group Inc. (TSE:MTY)
Jul 03MTY Food Group (TSE:MTY) Has Announced That It Will Be Increasing Its Dividend To CA$0.25
Apr 18Is Now The Time To Look At Buying MTY Food Group Inc. (TSE:MTY)?
Feb 09MTY Food Group's (TSE:MTY) Upcoming Dividend Will Be Larger Than Last Year's
Jan 21MTY Food Group (TSE:MTY) Has A Pretty Healthy Balance Sheet
Dec 21Is Now An Opportune Moment To Examine MTY Food Group Inc. (TSE:MTY)?
Oct 09Is MTY Food Group (TSE:MTY) Using Too Much Debt?
Aug 10Is MTY Food Group Inc. (TSE:MTY) Trading At A 34% Discount?
Jul 21Is It Too Late To Consider Buying MTY Food Group Inc. (TSE:MTY)?
Jul 08Is MTY Food Group (TSE:MTY) Using Too Much Debt?
Apr 11An Intrinsic Calculation For MTY Food Group Inc. (TSE:MTY) Suggests It's 38% Undervalued
Mar 21We Think MTY Food Group (TSE:MTY) Can Stay On Top Of Its Debt
Jan 06Does MTY Food Group (TSE:MTY) Have A Healthy Balance Sheet?
Sep 21Is MTY Food Group Inc. (TSE:MTY) Worth CA$63.5 Based On Its Intrinsic Value?
Jul 10Does MTY Food Group (TSE:MTY) Have A Healthy Balance Sheet?
May 15Calculating The Intrinsic Value Of MTY Food Group Inc. (TSE:MTY)
Mar 26Are Insiders Selling MTY Food Group Inc. (TSE:MTY) Stock?
Mar 05Should MTY Food Group (TSE:MTY) Be Disappointed With Their 73% Profit?
Feb 12
Is MTY Food Group (TSE:MTY) A Risky Investment?
Jan 21When Should You Buy MTY Food Group Inc. (TSE:MTY)?
Dec 31MTY Food Group Inc. (TSE:MTY) Shares Could Be 26% Above Their Intrinsic Value Estimate
Dec 11Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MTY's dividend payments have been volatile in the past 10 years.
Growing Dividend: MTY's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| MTY Food Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MTY) | 2.3% |
| Market Bottom 25% (CA) | 1.9% |
| Market Top 25% (CA) | 6.5% |
| Industry Average (Hospitality) | 3.3% |
| Analyst forecast in 3 Years (MTY) | 2.3% |
Notable Dividend: MTY's dividend (2.32%) is higher than the bottom 25% of dividend payers in the Canadian market (1.92%).
High Dividend: MTY's dividend (2.32%) is low compared to the top 25% of dividend payers in the Canadian market (6.49%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.4%), MTY's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (15.6%), MTY's dividend payments are well covered by cash flows.