Monro Dividends and Buybacks
Dividend criteria checks 4/6
Monro is a dividend paying company with a current yield of 4.04%. Next payment date is on 17th December, 2024 with an ex-dividend date of 3rd December, 2024.
Key information
4.0%
Dividend yield
5.3%
Buyback Yield
| Total Shareholder Yield | 9.3% |
| Future Dividend Yield | 4.3% |
| Dividend Growth | 15.1% |
| Next dividend pay date | 17 Dec 24 |
| Ex dividend date | 03 Dec 24 |
| Dividend per share | €1.120 |
| Payout ratio | 130% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MR2's dividends per share have been stable in the past 10 years.
Growing Dividend: MR2's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Monro Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MR2) | 4.0% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Specialty Retail) | 3.2% |
| Analyst forecast (MR2) (up to 3 years) | 4.3% |
Notable Dividend: MR2's dividend (4.04%) is higher than the bottom 25% of dividend payers in the German market (1.76%).
High Dividend: MR2's dividend (4.04%) is low compared to the top 25% of dividend payers in the German market (4.76%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (129.7%), MR2's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (36.7%), MR2's dividend payments are well covered by cash flows.