Mirbud is a dividend paying company with a current yield of 1.65% that is well covered by earnings. Next payment date is on 7th August, 2024 with an ex-dividend date of 26th June, 2024.
Key information
1.6%
Dividend yield
12%
Payout ratio
Industry average yield
3.9%
Next dividend pay date
07 Aug 24
Ex dividend date
26 Jun 24
Dividend per share
n/a
Earnings per share
€1.70
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, 9SX has been paying a dividend for less than 10 years.
Growing Dividend: 9SX's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
Mirbud Dividend Yield vs Market
How does 9SX dividend yield compare to the market?
Segment
Dividend Yield
Company (9SX)
1.6%
Market Bottom 25% (DE)
1.6%
Market Top 25% (DE)
4.7%
Industry Average (Construction)
3.9%
Analyst forecast in 3 Years (9SX)
n/a
Notable Dividend: 9SX's dividend (1.65%) is higher than the bottom 25% of dividend payers in the German market (1.61%).
High Dividend: 9SX's dividend (1.65%) is low compared to the top 25% of dividend payers in the German market (4.66%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.4%), 9SX's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (18.4%), 9SX's dividend payments are well covered by cash flows.