Mincon Group Dividend
Dividend criteria checks 4/6
Mincon Group is a dividend paying company with a current yield of 4.08% that is well covered by earnings. Next payment date is on 14th June, 2024 with an ex-dividend date of 23rd May, 2024.
Key information
4.1%
Dividend yield
60%
Payout ratio
| Industry average yield | 2.8% |
| Next dividend pay date | 14 Jun 24 |
| Ex dividend date | 23 May 24 |
| Dividend per share | n/a |
| Earnings per share | €0.035 |
| Dividend yield forecast in 3Y | 4.1% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MIO's dividend payments have been volatile in the past 10 years.
Growing Dividend: MIO's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Mincon Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MIO) | 4.1% |
| Market Bottom 25% (IE) | 1.7% |
| Market Top 25% (IE) | 5.4% |
| Industry Average (Machinery) | 2.8% |
| Analyst forecast in 3 Years (MIO) | 4.1% |
Notable Dividend: MIO's dividend (4.08%) is higher than the bottom 25% of dividend payers in the Irish market (1.74%).
High Dividend: MIO's dividend (4.08%) is low compared to the top 25% of dividend payers in the Irish market (5.46%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59.7%), MIO's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (36.8%), MIO's dividend payments are well covered by cash flows.