Michelmersh Brick Holdings Dividends and Buybacks
Dividend criteria checks 3/6
Michelmersh Brick Holdings is a dividend paying company with a current yield of 4.38% that is well covered by earnings. Next payment date is on 9th January, 2025 with an ex-dividend date of 28th November, 2024.
Key information
4.4%
Dividend yield
0.9%
Buyback Yield
| Total Shareholder Yield | 5.3% |
| Future Dividend Yield | 4.9% |
| Dividend Growth | 14.2% |
| Next dividend pay date | 09 Jan 25 |
| Ex dividend date | 28 Nov 24 |
| Dividend per share | €0.046 |
| Payout ratio | 52% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MPO's dividend payments have been volatile in the past 10 years.
Growing Dividend: MPO's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Michelmersh Brick Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MPO) | 4.4% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Basic Materials) | 3.0% |
| Analyst forecast (MPO) (up to 3 years) | 4.9% |
Notable Dividend: MPO's dividend (4.38%) is higher than the bottom 25% of dividend payers in the German market (1.74%).
High Dividend: MPO's dividend (4.38%) is low compared to the top 25% of dividend payers in the German market (4.76%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.3%), MPO's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (1290.7%), MPO's dividend payments are not well covered by cash flows.