Mincon Group Dividend
Dividend criteria checks 4/6
Mincon Group is a dividend paying company with a current yield of 4.02% that is well covered by earnings. Next payment date is on 14th June, 2024 with an ex-dividend date of 23rd May, 2024.
Key information
4.0%
Dividend yield
60%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | 14 Jun 24 |
| Ex dividend date | 23 May 24 |
| Dividend per share | n/a |
| Earnings per share | UK£0.035 |
| Dividend yield forecast in 3Y | 4.0% |
Recent dividend updates
Recent updates
Is Mincon Group (LON:MCON) A Risky Investment?
Oct 25
Mincon Group (LON:MCON) Will Be Hoping To Turn Its Returns On Capital Around
Oct 10Is Mincon Group (LON:MCON) A Risky Investment?
Sep 07Mincon Group (LON:MCON) Has A Pretty Healthy Balance Sheet
May 05Does Mincon Group plc (LON:MCON) Have A Place In Your Dividend Portfolio?
Apr 09Do Mincon Group's (LON:MCON) Earnings Warrant Your Attention?
Mar 17Here’s What’s Happening With Returns At Mincon Group (LON:MCON)
Feb 19The Mincon Group (LON:MCON) Share Price Has Gained 87% And Shareholders Are Hoping For More
Jan 26
Mincon Group's (LON:MCON) Earnings Are Growing But Is There More To The Story?
Jan 11What Kind Of Shareholders Own Mincon Group plc (LON:MCON)?
Dec 27How Should Investors React To Mincon Group's (LON:MCON) CEO Pay?
Dec 15Is Now The Time To Put Mincon Group (LON:MCON) On Your Watchlist?
Dec 03What Can The Trends At Mincon Group (LON:MCON) Tell Us About Their Returns?
Nov 21Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MCON's dividend payments have been volatile in the past 10 years.
Growing Dividend: MCON's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Mincon Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MCON) | 4.0% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 6.0% |
| Industry Average (Machinery) | 2.2% |
| Analyst forecast in 3 Years (MCON) | 4.0% |
Notable Dividend: MCON's dividend (4.02%) is higher than the bottom 25% of dividend payers in the UK market (2.15%).
High Dividend: MCON's dividend (4.02%) is low compared to the top 25% of dividend payers in the UK market (6.02%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59.7%), MCON's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (36.8%), MCON's dividend payments are well covered by cash flows.