McChip Resources Dividends and Buybacks
Dividend criteria checks 2/6
McChip Resources is a dividend paying company with a current yield of 5% that is well covered by earnings.
Key information
5.0%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 4.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CA$0.040 |
| Payout ratio | 7% |
Recent dividend and buyback updates
Recent updates
Estimating The Fair Value Of McChip Resources Inc. (CVE:MCS)
Oct 09
McChip Resources (CVE:MCS) Will Pay A Smaller Dividend Than Last Year
Jan 15McChip Resources (CVE:MCS) Has Debt But No Earnings; Should You Worry?
Aug 26Estimating The Fair Value Of McChip Resources Inc. (CVE:MCS)
Jan 17Estimating The Intrinsic Value Of McChip Resources Inc. (CVE:MCS)
May 26Key Things To Consider Before Buying McChip Resources Inc. (CVE:MCS) For Its Dividend
Apr 13Why You Might Be Interested In McChip Resources Inc. (CVE:MCS) For Its Upcoming Dividend
Jan 08
Here's Why We Don't Think McChip Resources's (CVE:MCS) Statutory Earnings Reflect Its Underlying Earnings Potential
Nov 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MCS's dividend payments have been volatile in the past 10 years.
Growing Dividend: MCS's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| McChip Resources Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MCS) | 5.0% |
| Market Bottom 25% (CA) | 1.7% |
| Market Top 25% (CA) | 6.4% |
| Industry Average (Oil and Gas) | 4.6% |
| Analyst forecast (MCS) (up to 3 years) | n/a |
Notable Dividend: MCS's dividend (5%) is higher than the bottom 25% of dividend payers in the Canadian market (1.71%).
High Dividend: MCS's dividend (5%) is low compared to the top 25% of dividend payers in the Canadian market (6.42%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (6.9%), MCS's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: MCS is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/30 14:53 |
| End of Day Share Price | 2025/01/21 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
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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
McChip Resources Inc. is covered by 0 analysts. 0 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 |
|---|