MTN Group Dividend
Dividend criteria checks 2/6
MTN Group is a dividend paying company with a current yield of 4.1%. Next payment date is on 22nd April, 2024 with an ex-dividend date of 17th April, 2024.
Key information
4.1%
Dividend yield
146%
Payout ratio
Industry average yield | 8.8% |
Next dividend pay date | 22 Apr 24 |
Ex dividend date | 17 Apr 24 |
Dividend per share | n/a |
Earnings per share | €2.27 |
Dividend yield forecast in 3Y | 4.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LL6's dividend payments have been volatile in the past 10 years.
Growing Dividend: LL6's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
MTN Group Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (LL6) | 4.1% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.8% |
Industry Average (Wireless Telecom) | 8.8% |
Analyst forecast in 3 Years (LL6) | 4.4% |
Notable Dividend: LL6's dividend (4.1%) is higher than the bottom 25% of dividend payers in the German market (1.67%).
High Dividend: LL6's dividend (4.1%) is low compared to the top 25% of dividend payers in the German market (4.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (145.7%), LL6's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (32.8%), LL6's dividend payments are well covered by cash flows.