Mips Dividend
Dividend criteria checks 0/6
Mips is a dividend paying company with a current yield of 1.61%. Next payment date is on 15th May, 2024 with an ex-dividend date of 8th May, 2024.
Key information
1.6%
Dividend yield
255%
Payout ratio
Industry average yield | 3.4% |
Next dividend pay date | 15 May 24 |
Ex dividend date | 08 May 24 |
Dividend per share | n/a |
Earnings per share | €2.34 |
Dividend yield forecast in 3Y | 2.8% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 7M1 has been paying a dividend for less than 10 years.
Growing Dividend: 7M1's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
Mips Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (7M1) | 1.6% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.6% |
Industry Average (Leisure) | 3.4% |
Analyst forecast in 3 Years (7M1) | 2.8% |
Notable Dividend: 7M1's dividend (1.61%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.67%).
High Dividend: 7M1's dividend (1.61%) is low compared to the top 25% of dividend payers in the German market (4.68%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (255%), 7M1's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (467.5%), 7M1's dividend payments are not well covered by cash flows.