Magellan Financial Group Dividend
Dividend criteria checks 4/6
Magellan Financial Group is a dividend paying company with a current yield of 7.21% that is well covered by earnings.
Key information
7.2%
Dividend yield
58%
Payout ratio
Industry average yield | 2.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €1.12 |
Dividend yield forecast in 3Y | 5.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NNA's dividend payments have been volatile in the past 10 years.
Growing Dividend: NNA's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Magellan Financial Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (NNA) | 7.2% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.7% |
Industry Average (Capital Markets) | 2.8% |
Analyst forecast in 3 Years (NNA) | 5.7% |
Notable Dividend: NNA's dividend (7.21%) is higher than the bottom 25% of dividend payers in the German market (1.68%).
High Dividend: NNA's dividend (7.21%) is in the top 25% of dividend payers in the German market (4.61%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (58.1%), NNA's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (124.3%), NNA's dividend payments are not well covered by cash flows.