Miller Industries Dividends and Buybacks
Dividend criteria checks 4/6
Miller Industries is a dividend paying company with a current yield of 1.06% that is well covered by earnings. Next payment date is on 9th December, 2024 with an ex-dividend date of 2nd December, 2024.
Key information
1.1%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 1.4% |
| Future Dividend Yield | 1.2% |
| Dividend Growth | -6.4% |
| Next dividend pay date | 09 Dec 24 |
| Ex dividend date | 02 Dec 24 |
| Dividend per share | €0.760 |
| Payout ratio | 12% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 5OJ's dividends per share have been stable in the past 10 years.
Growing Dividend: 5OJ's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Miller Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (5OJ) | 1.1% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Machinery) | 3.5% |
| Analyst forecast (5OJ) (up to 3 years) | 1.2% |
Notable Dividend: 5OJ's dividend (1.06%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: 5OJ's dividend (1.06%) is low compared to the top 25% of dividend payers in the German market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.3%), 5OJ's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (46%), 5OJ's dividend payments are well covered by cash flows.