B&M European Value Retail Dividend
Dividend criteria checks 3/6
B&M European Value Retail is a dividend paying company with a current yield of 6.47% that is well covered by earnings. Last payment was on 4th August, 2023 with an ex-dividend date of 29th June, 2023.
Key information
6.5%
Dividend yield
42%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | 04 Aug 23 |
| Ex dividend date | 29 Jun 23 |
| Dividend per share | n/a |
| Earnings per share | Mex$0.35 |
| Dividend yield forecast in 3Y | 3.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BME1 N has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: BME1 N's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| B&M European Value Retail Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BME1 N) | 6.5% |
| Market Bottom 25% (MX) | 2.4% |
| Market Top 25% (MX) | 6.6% |
| Industry Average (Multiline Retail) | 2.3% |
| Analyst forecast in 3 Years (BME1 N) | 3.8% |
Notable Dividend: BME1 N's dividend (6.47%) is higher than the bottom 25% of dividend payers in the MX market (2.31%).
High Dividend: BME1 N's dividend (6.47%) is low compared to the top 25% of dividend payers in the MX market (7.29%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42%), BME1 N's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (50.7%), BME1 N's dividend payments are covered by cash flows.