Mayagüez is a dividend paying company with a current yield of 8.34%. Next payment date is on 5th June, 2024 with an ex-dividend date of 29th May, 2024.
Key information
8.3%
Dividend yield
n/a
Payout ratio
Industry average yield
7.7%
Next dividend pay date
05 Jun 24
Ex dividend date
29 May 24
Dividend per share
n/a
Earnings per share
Col$2.51k
Dividend yield forecast in 3Y
n/a
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, MAYAGUEZ has been paying a dividend for less than 10 years.
Growing Dividend: MAYAGUEZ's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
Mayagüez Dividend Yield vs Market
How does MAYAGUEZ dividend yield compare to the market?
Segment
Dividend Yield
Company (MAYAGUEZ)
8.3%
Market Bottom 25% (CO)
4.1%
Market Top 25% (CO)
12.3%
Industry Average (Food)
7.7%
Analyst forecast in 3 Years (MAYAGUEZ)
n/a
Notable Dividend: MAYAGUEZ's dividend (8.34%) is higher than the bottom 25% of dividend payers in the CO market (4.11%).
High Dividend: MAYAGUEZ's dividend (8.34%) is low compared to the top 25% of dividend payers in the CO market (12.28%).
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate MAYAGUEZ's payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (29.3%), MAYAGUEZ's dividend payments are well covered by cash flows.