M&G Dividends and Buybacks
Dividend criteria checks 3/6
M&G is a dividend paying company with a current yield of 9.81%.
Key information
9.8%
Dividend yield
-0.2%
Buyback Yield
| Total Shareholder Yield | 9.6% |
| Future Dividend Yield | 10.5% |
| Dividend Growth | 4.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | UK£0.198 |
| Payout ratio | 281% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, MNGL has been paying a dividend for less than 10 years.
Growing Dividend: MNGL's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| M&G Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MNGL) | 9.8% |
| Market Bottom 25% (GB) | 2.2% |
| Market Top 25% (GB) | 6.0% |
| Industry Average (Diversified Financial) | 6.6% |
| Analyst forecast (MNGL) (up to 3 years) | 10.5% |
Notable Dividend: MNGL's dividend (9.81%) is higher than the bottom 25% of dividend payers in the UK market (2.14%).
High Dividend: MNGL's dividend (9.81%) is in the top 25% of dividend payers in the UK market (5.91%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (280.6%), MNGL's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34.8%), MNGL's dividend payments are well covered by cash flows.