Millennium & Copthorne Hotels New Zealand Dividend
Dividend criteria checks 0/6
Millennium & Copthorne Hotels New Zealand is a dividend paying company with a current yield of 1.55%. Next payment date is on 17th May, 2024 with an ex-dividend date of 9th May, 2024.
Key information
1.6%
Dividend yield
22%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | 17 May 24 |
| Ex dividend date | 09 May 24 |
| Dividend per share | n/a |
| Earnings per share | NZ$0.14 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Millennium & Copthorne Hotels New Zealand Limited (NZSE:MCK) Looks Inexpensive But Perhaps Not Attractive Enough
Apr 04
Millennium & Copthorne Hotels New Zealand (NZSE:MCK) Is Reinvesting At Lower Rates Of Return
May 12Shareholders Of Millennium & Copthorne Hotels New Zealand (NZSE:MCK) Must Be Happy With Their 63% Return
Mar 20Are Millennium & Copthorne Hotels New Zealand's (NZSE:MCK) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Feb 21Returns On Capital - An Important Metric For Millennium & Copthorne Hotels New Zealand (NZSE:MCK)
Jan 23
Here's Why Millennium & Copthorne Hotels New Zealand (NZSE:MCK) Can Manage Its Debt Responsibly
Dec 27Why Millennium & Copthorne Hotels New Zealand Limited (NZSE:MCK) Is A Dividend Rockstar
Nov 30Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MCK is not paying a notable dividend for the NZ market, therefore no need to check if payments are stable.
Growing Dividend: MCK is not paying a notable dividend for the NZ market, therefore no need to check if payments are increasing.
Dividend Yield vs Market
| Millennium & Copthorne Hotels New Zealand Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MCK) | 1.6% |
| Market Bottom 25% (NZ) | 3.2% |
| Market Top 25% (NZ) | 7.1% |
| Industry Average (Hospitality) | 2.2% |
| Analyst forecast in 3 Years (MCK) | n/a |
Notable Dividend: MCK's dividend (1.55%) isn’t notable compared to the bottom 25% of dividend payers in the NZ market (3.17%).
High Dividend: MCK's dividend (1.55%) is low compared to the top 25% of dividend payers in the NZ market (7.06%).
Earnings Payout to Shareholders
Earnings Coverage: MCK is not paying a notable dividend for the NZ market.
Cash Payout to Shareholders
Cash Flow Coverage: MCK is not paying a notable dividend for the NZ market.