Murray Income Trust Dividend
Dividend criteria checks 3/6
Murray Income Trust is a dividend paying company with a current yield of 4.35% that is well covered by earnings. Next payment date is on 13th June, 2024 with an ex-dividend date of 16th May, 2024.
Key information
4.4%
Dividend yield
56%
Payout ratio
| Industry average yield | 3.2% |
| Next dividend pay date | 13 Jun 24 |
| Ex dividend date | 16 May 24 |
| Dividend per share | n/a |
| Earnings per share | UK£0.76 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MUT's dividend payments have been volatile in the past 10 years.
Growing Dividend: MUT's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Murray Income Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MUT) | 4.4% |
| Market Bottom 25% (GB) | 2.2% |
| Market Top 25% (GB) | 5.9% |
| Industry Average (Capital Markets) | 3.2% |
| Analyst forecast in 3 Years (MUT) | n/a |
Notable Dividend: MUT's dividend (4.35%) is higher than the bottom 25% of dividend payers in the UK market (2.15%).
High Dividend: MUT's dividend (4.35%) is low compared to the top 25% of dividend payers in the UK market (5.88%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.8%), MUT's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (118.8%), MUT's dividend payments are not well covered by cash flows.