MiX Telematics Dividend
Dividend criteria checks 2/6
MiX Telematics is a dividend paying company with a current yield of 3.07%. Last payment was on 29th June, 2023 with an ex-dividend date of 15th June, 2023.
Key information
3.1%
Dividend yield
110%
Payout ratio
Industry average yield | 0% |
Next dividend pay date | 29 Jun 23 |
Ex dividend date | 15 Jun 23 |
Dividend per share | n/a |
Earnings per share | Mex$0.0081 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MIXT N's dividend payments have been volatile in the past 10 years.
Growing Dividend: MIXT N's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
MiX Telematics Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (MIXT N) | 3.1% |
Market Bottom 25% (MX) | 0% |
Market Top 25% (MX) | 0% |
Industry Average (Software) | 0% |
Analyst forecast in 3 Years (MIXT N) | n/a |
Notable Dividend: MIXT N's dividend (3.07%) is higher than the bottom 25% of dividend payers in the MX market (2.31%).
High Dividend: MIXT N's dividend (3.07%) is low compared to the top 25% of dividend payers in the MX market (7.29%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (110.4%), MIXT N's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: MIXT N is paying a dividend but the company has no free cash flows.