M&Z Dividend
Dividend criteria checks 3/6
M&Z is a dividend paying company with a current yield of 4.81% that is well covered by earnings. Next payment date is on 28th June, 2024 with an ex-dividend date of 20th May, 2024.
Key information
4.8%
Dividend yield
52%
Payout ratio
Industry average yield | 4.1% |
Next dividend pay date | 28 Jun 24 |
Ex dividend date | 20 May 24 |
Dividend per share | n/a |
Earnings per share | €0.04 |
Dividend yield forecast in 3Y | n/a |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MZ has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: MZ's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
M&Z Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (MZ) | 4.8% |
Market Bottom 25% (MT) | 3.2% |
Market Top 25% (MT) | 6.2% |
Industry Average (Consumer Retailing) | 4.1% |
Analyst forecast in 3 Years (MZ) | n/a |
Notable Dividend: MZ's dividend (4.81%) is higher than the bottom 25% of dividend payers in the MT market (3.2%).
High Dividend: MZ's dividend (4.81%) is low compared to the top 25% of dividend payers in the MT market (6.16%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.2%), MZ's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (85.5%), MZ's dividend payments are covered by cash flows.