MSC Industrial Direct Dividends and Buybacks
Dividend criteria checks 5/6
MSC Industrial Direct is a dividend paying company with a current yield of 4.22% that is well covered by earnings. Next payment date is on 27th November, 2024 with an ex-dividend date of 13th November, 2024.
Key information
4.2%
Dividend yield
3.8%
Buyback Yield
| Total Shareholder Yield | 8.0% |
| Future Dividend Yield | 4.7% |
| Dividend Growth | 7.0% |
| Next dividend pay date | 27 Nov 24 |
| Ex dividend date | 13 Nov 24 |
| Dividend per share | €3.110 |
| Payout ratio | 73% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 98M's dividends per share have been stable in the past 10 years.
Growing Dividend: 98M's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| MSC Industrial Direct Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (98M) | 4.2% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Trade Distributors) | 2.1% |
| Analyst forecast (98M) (up to 3 years) | 4.7% |
Notable Dividend: 98M's dividend (4.22%) is higher than the bottom 25% of dividend payers in the German market (1.69%).
High Dividend: 98M's dividend (4.22%) is low compared to the top 25% of dividend payers in the German market (4.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (72.7%), 98M's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (61.1%), 98M's dividend payments are covered by cash flows.