M&G Credit Income Investment Trust Dividends and Buybacks
Dividend criteria checks 3/6
M&G Credit Income Investment Trust is a dividend paying company with a current yield of 8.21% that is well covered by earnings.
Key information
8.2%
Dividend yield
0.06%
Buyback Yield
| Total Shareholder Yield | 8.3% |
| Future Dividend Yield | n/a |
| Dividend Growth | 23.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | UK£0.0796 |
| Payout ratio | 82% |
Recent dividend and buyback updates
No updates
Recent updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MGCIL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: MGCIL's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| M&G Credit Income Investment Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MGCIL) | 8.2% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.9% |
| Industry Average (Capital Markets) | 2.9% |
| Analyst forecast (MGCIL) (up to 3 years) | n/a |
Notable Dividend: MGCIL's dividend (8.21%) is higher than the bottom 25% of dividend payers in the UK market (2.11%).
High Dividend: MGCIL's dividend (8.21%) is in the top 25% of dividend payers in the UK market (5.88%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (82.5%), MGCIL's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (98.2%), MGCIL's dividend payments are not well covered by cash flows.