My Food Bag Group Dividend
Dividend criteria checks 2/6
My Food Bag Group is a dividend paying company with a current yield of 3.03% that is well covered by earnings.
Key information
3.0%
Dividend yield
20%
Payout ratio
| Industry average yield | 3.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | NZ$0.005 |
| Earnings per share | NZ$0.025 |
| Dividend yield forecast in 3Y | 15.2% |
Recent dividend updates
Recent updates
Calculating The Fair Value Of My Food Bag Group Limited (NZSE:MFB)
Jul 25
Here's What To Make Of My Food Bag Group's (NZSE:MFB) Decelerating Rates Of Return
Jul 03Market Might Still Lack Some Conviction On My Food Bag Group Limited (NZSE:MFB) Even After 26% Share Price Boost
Jun 05Some Investors May Be Worried About My Food Bag Group's (NZSE:MFB) Returns On Capital
Feb 15Investors Still Aren't Entirely Convinced By My Food Bag Group Limited's (NZSE:MFB) Earnings Despite 27% Price Jump
Dec 31Investors Will Want My Food Bag Group's (NZSE:MFB) Growth In ROCE To Persist
Oct 30The Return Trends At My Food Bag Group (NZSE:MFB) Look Promising
Jul 05My Food Bag Group Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
May 23We Like My Food Bag Group's (NZSE:MFB) Returns And Here's How They're Trending
Apr 11My Food Bag Group's (NZSE:MFB) Conservative Accounting Might Explain Soft Earnings
Nov 27Stability 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MFB) | 3.0% |
| Market Bottom 25% (NZ) | 3.4% |
| Market Top 25% (NZ) | 6.6% |
| Industry Average (Consumer Retailing) | 3.5% |
| Analyst forecast in 3 Years (MFB) | 15.2% |
Notable Dividend: MFB's dividend (3.03%) isn’t notable compared to the bottom 25% of dividend payers in the NZ market (3.39%).
High Dividend: MFB's dividend (3.03%) is low compared to the top 25% of dividend payers in the NZ market (6.63%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.1%), MFB's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (20.4%), MFB's dividend payments are well covered by cash flows.