Mitie Group Dividend
Dividend criteria checks 3/6
Mitie Group is a dividend paying company with a current yield of 3.41% that is well covered by earnings. Next payment date is on 5th August, 2024 with an ex-dividend date of 20th June, 2024.
Key information
3.4%
Dividend yield
41%
Payout ratio
Industry average yield | 2.1% |
Next dividend pay date | 05 Aug 24 |
Ex dividend date | 20 Jun 24 |
Dividend per share | n/a |
Earnings per share | UK£0.10 |
Dividend yield forecast in 3Y | 4.7% |
Recent dividend updates
Mitie Group (LON:MTO) Has Announced A Dividend Of £0.01
Dec 11Mitie Group (LON:MTO) Is Due To Pay A Dividend Of £0.01
Nov 26Mitie Group's (LON:MTO) Upcoming Dividend Will Be Larger Than Last Year's
Jun 11Recent updates
Shareholders Will Be Pleased With The Quality of Mitie Group's (LON:MTO) Earnings
Jun 13Mitie Group plc (LON:MTO) Investors Are Less Pessimistic Than Expected
May 09Is Now An Opportune Moment To Examine Mitie Group plc (LON:MTO)?
Jan 25Mitie Group (LON:MTO) Has Announced A Dividend Of £0.01
Dec 11Mitie Group (LON:MTO) Is Due To Pay A Dividend Of £0.01
Nov 26An Intrinsic Calculation For Mitie Group plc (LON:MTO) Suggests It's 42% Undervalued
Nov 03Is It Too Late To Consider Buying Mitie Group plc (LON:MTO)?
Oct 12Mitie Group (LON:MTO) Could Easily Take On More Debt
Sep 18Mitie Group's (LON:MTO) Upcoming Dividend Will Be Larger Than Last Year's
Jun 11Should You Investigate Mitie Group plc (LON:MTO) At UK£0.91?
May 24A Look At The Intrinsic Value Of Mitie Group plc (LON:MTO)
Mar 22Here's Why Mitie Group (LON:MTO) Can Manage Its Debt Responsibly
Mar 04Is Mitie Group plc (LON:MTO) Potentially Undervalued?
Feb 14Mitie Group plc (LON:MTO) Shares Could Be 31% Below Their Intrinsic Value Estimate
Dec 10Mitie Group plc's (LON:MTO) Intrinsic Value Is Potentially 65% Above Its Share Price
Aug 03Mitie Group (LON:MTO) Seems To Use Debt Quite Sensibly
Jul 13What Is Mitie Group plc's (LON:MTO) Share Price Doing?
May 04Is Now The Time To Look At Buying Mitie Group plc (LON:MTO)?
Jan 25Does Mitie Group (LON:MTO) Have A Healthy Balance Sheet?
Jan 05Is Mitie Group plc (LON:MTO) Potentially Undervalued?
Jun 09Investors Aren't Buying Mitie Group plc's (LON:MTO) Earnings
May 05Is Mitie Group plc (LON:MTO) Potentially Undervalued?
Mar 03Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MTO's dividend payments have been volatile in the past 10 years.
Growing Dividend: MTO's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Mitie Group Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (MTO) | 3.4% |
Market Bottom 25% (GB) | 2.1% |
Market Top 25% (GB) | 5.7% |
Industry Average (Commercial Services) | 2.1% |
Analyst forecast in 3 Years (MTO) | 4.7% |
Notable Dividend: MTO's dividend (3.41%) is higher than the bottom 25% of dividend payers in the UK market (2.06%).
High Dividend: MTO's dividend (3.41%) is low compared to the top 25% of dividend payers in the UK market (5.67%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.6%), MTO's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (28.1%), MTO's dividend payments are well covered by cash flows.