Mullen Group Dividend
Dividend criteria checks 3/6
Mullen Group is a dividend paying company with a current yield of 5.74% that is well covered by earnings.
Key information
5.7%
Dividend yield
50%
Payout ratio
| Industry average yield | 1.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CA$1.44 |
| Dividend yield forecast in 3Y | 6.1% |
Recent dividend updates
Mullen Group (TSE:MTL) Has Affirmed Its Dividend Of CA$0.06
Mar 24
Mullen Group's (TSE:MTL) Dividend Will Be CA$0.06
Feb 26Mullen Group (TSE:MTL) Will Pay A Dividend Of CA$0.06
Jan 28Mullen Group (TSE:MTL) Is Due To Pay A Dividend Of CA$0.06
Nov 28Recent updates
Mullen Group (TSE:MTL) Has Affirmed Its Dividend Of CA$0.06
Mar 24Mullen Group's (TSE:MTL) Dividend Will Be CA$0.06
Feb 26Mullen Group Ltd. (TSE:MTL) Just Released Its Full-Year Earnings: Here's What Analysts Think
Feb 18Mullen Group (TSE:MTL) Will Pay A Dividend Of CA$0.06
Jan 28Mullen Group (TSE:MTL) Is Experiencing Growth In Returns On Capital
Dec 15Mullen Group (TSE:MTL) Is Due To Pay A Dividend Of CA$0.06
Nov 28Mullen Group (TSE:MTL) Has Affirmed Its Dividend Of CA$0.06
Sep 26Mullen Group (TSE:MTL) Will Pay A Dividend Of CA$0.06
Aug 27Should You Be Adding Mullen Group (TSE:MTL) To Your Watchlist Today?
Aug 22Mullen Group's (TSE:MTL) Dividend Will Be CA$0.06
Jul 21Mullen Group (TSE:MTL) Has Affirmed Its Dividend Of CA$0.06
Jun 27Mullen Group (TSE:MTL) Has A Pretty Healthy Balance Sheet
Jun 14An Intrinsic Calculation For Mullen Group Ltd. (TSE:MTL) Suggests It's 40% Undervalued
Apr 27Mullen Group (TSE:MTL) Will Pay A Dividend Of CA$0.06
Mar 28Mullen Group (TSE:MTL) Is Paying Out A Dividend Of CA$0.06
Feb 25Mullen Group (TSE:MTL) Has Announced A Dividend Of CA$0.06
Jan 27Mullen Group (TSE:MTL) Has A Pretty Healthy Balance Sheet
Jan 10Mullen Group (TSE:MTL) Shareholders Will Want The ROCE Trajectory To Continue
Nov 25If EPS Growth Is Important To You, Mullen Group (TSE:MTL) Presents An Opportunity
Oct 21Mullen Group (TSE:MTL) Seems To Use Debt Quite Sensibly
Oct 05Is It Time To Consider Buying Mullen Group Ltd. (TSE:MTL)?
Sep 09Do Mullen Group's (TSE:MTL) Earnings Warrant Your Attention?
Jul 22These 4 Measures Indicate That Mullen Group (TSE:MTL) Is Using Debt Reasonably Well
Jun 14Is It Time To Consider Buying Mullen Group Ltd. (TSE:MTL)?
May 18Mullen Group's (TSE:MTL) Profits Appear To Have Quality Issues
Feb 16Here's Why Mullen Group (TSE:MTL) Has A Meaningful Debt Burden
Dec 16Here's Why I Think Mullen Group (TSE:MTL) Is An Interesting Stock
Oct 14Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MTL's dividend payments have been volatile in the past 10 years.
Growing Dividend: MTL's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Mullen Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MTL) | 5.7% |
| Market Bottom 25% (CA) | 1.9% |
| Market Top 25% (CA) | 6.5% |
| Industry Average (Transportation) | 1.6% |
| Analyst forecast in 3 Years (MTL) | 6.1% |
Notable Dividend: MTL's dividend (5.74%) is higher than the bottom 25% of dividend payers in the Canadian market (1.94%).
High Dividend: MTL's dividend (5.74%) is low compared to the top 25% of dividend payers in the Canadian market (6.54%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.2%), MTL's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34.3%), MTL's dividend payments are well covered by cash flows.