M&G Credit Income Investment Trust Dividend
Dividend criteria checks 4/6
M&G Credit Income Investment Trust is a dividend paying company with a current yield of 8.69% that is well covered by earnings.
Key information
8.7%
Dividend yield
85%
Payout ratio
| Industry average yield | 3.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | UK£0.094 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
M&G Credit Income Investment Trust (LON:MGCI) Will Pay A Larger Dividend Than Last Year At £0.0193
Jul 29
M&G Credit Income Investment Trust (LON:MGCI) Has Announced That It Will Be Increasing Its Dividend To £0.0177
Apr 29Recent updates
M&G Credit Income Investment Trust (LON:MGCI) Will Pay A Larger Dividend Than Last Year At £0.0193
Jul 29M&G Credit Income Investment Trust (LON:MGCI) Has Announced That It Will Be Increasing Its Dividend To £0.0177
Apr 29M&G Credit Income Investment Trust's (LON:MGCI) Dividend Will Be Increased To £0.0243
Jan 27Does M&G Credit Income Investment Trust plc (LON:MGCI) Have A Place In Your Dividend Portfolio?
Feb 14
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MGCI has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: MGCI'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 (MGCI) | 8.7% |
| Market Bottom 25% (GB) | 2.2% |
| Market Top 25% (GB) | 5.9% |
| Industry Average (Capital Markets) | 3.2% |
| Analyst forecast in 3 Years (MGCI) | n/a |
Notable Dividend: MGCI's dividend (8.69%) is higher than the bottom 25% of dividend payers in the UK market (2.16%).
High Dividend: MGCI's dividend (8.69%) is in the top 25% of dividend payers in the UK market (5.87%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (84.8%), MGCI's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (57.1%), MGCI's dividend payments are covered by cash flows.