Manx Financial Group Dividend
Dividend criteria checks 3/6
Manx Financial Group is a dividend paying company with a current yield of 2.17% that is well covered by earnings. Next payment date is on 24th June, 2024 with an ex-dividend date of 16th May, 2024.
Key information
2.2%
Dividend yield
10%
Payout ratio
| Industry average yield | 4.5% |
| Next dividend pay date | 24 Jun 24 |
| Ex dividend date | 16 May 24 |
| Dividend per share | n/a |
| Earnings per share | €0.045 |
| 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, 3IM has been paying a dividend for less than 10 years.
Growing Dividend: 3IM's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Manx Financial Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3IM) | 2.2% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.7% |
| Industry Average (Consumer Finance) | 4.5% |
| Analyst forecast in 3 Years (3IM) | n/a |
Notable Dividend: 3IM's dividend (2.17%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: 3IM's dividend (2.17%) is low compared to the top 25% of dividend payers in the German market (4.67%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (9.9%), 3IM's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (3.6%), 3IM's dividend payments are thoroughly covered by cash flows.