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Magnit Dividend
Dividend criteria checks 4/6
Key information
13.3%
Dividend yield
96%
Payout ratio
Industry average yield | 3.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$562.20 |
Dividend yield forecast in 3Y | 14.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MGNT's dividend payments have been volatile in the past 10 years.
Growing Dividend: MGNT's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Magnit Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (MGNT) | 13.3% |
Market Bottom 25% (GB) | 2.1% |
Market Top 25% (GB) | 5.7% |
Industry Average (Consumer Retailing) | 3.8% |
Analyst forecast in 3 Years (MGNT) | 14.9% |
Notable Dividend: MGNT's dividend (13.26%) is higher than the bottom 25% of dividend payers in the UK market (1.9%).
High Dividend: MGNT's dividend (13.26%) is in the top 25% of dividend payers in the UK market (5.41%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (95.8%), MGNT's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (36.8%), MGNT's dividend payments are well covered by cash flows.