Masterflex is a dividend paying company with a current yield of 2.45% that is well covered by earnings. Next payment date is on 17th June, 2024 with an ex-dividend date of 13th June, 2024.
Key information
2.5%
Dividend yield
30%
Payout ratio
Industry average yield
3.3%
Next dividend pay date
17 Jun 24
Ex dividend date
13 Jun 24
Dividend per share
n/a
Earnings per share
€0.83
Dividend yield forecast in 3Y
4.7%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, MZX has been paying a dividend for less than 10 years.
Growing Dividend: MZX's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
Masterflex Dividend Yield vs Market
How does MZX dividend yield compare to the market?
Segment
Dividend Yield
Company (MZX)
2.5%
Market Bottom 25% (DE)
1.7%
Market Top 25% (DE)
4.7%
Industry Average (Machinery)
3.3%
Analyst forecast in 3 Years (MZX)
4.7%
Notable Dividend: MZX's dividend (2.45%) is higher than the bottom 25% of dividend payers in the German market (1.67%).
High Dividend: MZX's dividend (2.45%) is low compared to the top 25% of dividend payers in the German market (4.68%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.1%), MZX's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33%), MZX's dividend payments are well covered by cash flows.