Martinrea International Dividend
Dividend criteria checks 5/6
Martinrea International is a dividend paying company with a current yield of 1.73% that is well covered by earnings.
Key information
1.7%
Dividend yield
10%
Payout ratio
Industry average yield | 3.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €2.00 |
Dividend yield forecast in 3Y | 1.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 03M's dividends per share have been stable in the past 10 years.
Growing Dividend: 03M's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Martinrea International Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (03M) | 1.7% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.8% |
Industry Average (Auto Components) | 3.0% |
Analyst forecast in 3 Years (03M) | 1.7% |
Notable Dividend: 03M's dividend (1.73%) is higher than the bottom 25% of dividend payers in the German market (1.66%).
High Dividend: 03M's dividend (1.73%) is low compared to the top 25% of dividend payers in the German market (4.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (10.4%), 03M's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (7.4%), 03M's dividend payments are thoroughly covered by cash flows.