My Food Bag Group Limited

NZSE:MFB Stock Report

Market Cap: NZ$52.3m

My Food Bag Group Dividends and Buybacks

Dividend criteria checks 3/6

My Food Bag Group is a dividend paying company with a current yield of 6.34% that is well covered by earnings.

Key information

6.3%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yield10.0%
Dividend Growth-33.7%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareNZ$0.013
Payout ratio43%

Recent dividend and buyback updates

Recent updates

My Food Bag Group Limited's (NZSE:MFB) Price Is Right But Growth Is Lacking After Shares Rocket 26%

Aug 13
My Food Bag Group Limited's (NZSE:MFB) Price Is Right But Growth Is Lacking After Shares Rocket 26%

Calculating The Fair Value Of My Food Bag Group Limited (NZSE:MFB)

Jul 25
Calculating The Fair Value Of My Food Bag Group Limited (NZSE:MFB)

Here's What To Make Of My Food Bag Group's (NZSE:MFB) Decelerating Rates Of Return

Jul 03
Here's What To Make Of My Food Bag Group's (NZSE:MFB) Decelerating Rates Of Return

Market Might Still Lack Some Conviction On My Food Bag Group Limited (NZSE:MFB) Even After 26% Share Price Boost

Jun 05
Market Might Still Lack Some Conviction On My Food Bag Group Limited (NZSE:MFB) Even After 26% Share Price Boost

Some Investors May Be Worried About My Food Bag Group's (NZSE:MFB) Returns On Capital

Feb 15
Some Investors May Be Worried About My Food Bag Group's (NZSE:MFB) Returns On Capital

Investors Still Aren't Entirely Convinced By My Food Bag Group Limited's (NZSE:MFB) Earnings Despite 27% Price Jump

Dec 31
Investors Still Aren't Entirely Convinced By My Food Bag Group Limited's (NZSE:MFB) Earnings Despite 27% Price Jump

Investors Will Want My Food Bag Group's (NZSE:MFB) Growth In ROCE To Persist

Oct 30
Investors Will Want My Food Bag Group's (NZSE:MFB) Growth In ROCE To Persist

The Return Trends At My Food Bag Group (NZSE:MFB) Look Promising

Jul 05
The Return Trends At My Food Bag Group (NZSE:MFB) Look Promising

My Food Bag Group Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

May 23
My Food Bag Group Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

We Like My Food Bag Group's (NZSE:MFB) Returns And Here's How They're Trending

Apr 11
We Like My Food Bag Group's (NZSE:MFB) Returns And Here's How They're Trending

My Food Bag Group's (NZSE:MFB) Conservative Accounting Might Explain Soft Earnings

Nov 27
My Food Bag Group's (NZSE:MFB) Conservative Accounting Might Explain Soft Earnings

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: MFB has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: MFB has only been paying a dividend for 3 years, and since then payments have fallen.


Dividend Yield vs Market

My Food Bag Group Dividend Yield vs Market
How does MFB dividend yield compare to the market?
SegmentDividend Yield
Company (MFB)6.3%
Market Bottom 25% (NZ)3.4%
Market Top 25% (NZ)6.4%
Industry Average (Consumer Retailing)3.8%
Analyst forecast (MFB) (up to 3 years)10.0%

Notable Dividend: MFB's dividend (6.34%) is higher than the bottom 25% of dividend payers in the NZ market (3.44%).

High Dividend: MFB's dividend (6.34%) is low compared to the top 25% of dividend payers in the NZ market (6.42%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (43%), MFB's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (39.7%), MFB's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 20:42
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

My Food Bag Group Limited is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Bei MargaretForsyth Barr Group Ltd.
Andrew SteeleJarden Limited
Guy Edward HooperJarden Limited