Michael Hill International Dividend
Dividend criteria checks 2/6
Michael Hill International is a dividend paying company with a current yield of 5.43%.
Key information
5.4%
Dividend yield
154%
Payout ratio
Industry average yield | 6.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | NZ$0.034 |
Dividend yield forecast in 3Y | 8.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MHJ has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: MHJ has only been paying a dividend for 8 years, and since then payments have fallen.
Dividend Yield vs Market
Michael Hill International Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (MHJ) | 5.4% |
Market Bottom 25% (NZ) | 3.2% |
Market Top 25% (NZ) | 7.1% |
Industry Average (Specialty Retail) | 6.7% |
Analyst forecast in 3 Years (MHJ) | 8.0% |
Notable Dividend: MHJ's dividend (5.43%) is higher than the bottom 25% of dividend payers in the NZ market (3.17%).
High Dividend: MHJ's dividend (5.43%) is low compared to the top 25% of dividend payers in the NZ market (7.06%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (154.1%), MHJ's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (68.2%), MHJ's dividend payments are covered by cash flows.