Mainfreight Dividends and Buybacks
Dividend criteria checks 4/6
Mainfreight is a dividend paying company with a current yield of 2.34% that is well covered by earnings. Next payment date is on 20th December, 2024 with an ex-dividend date of 12th December, 2024.
Key information
2.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 2.6% |
| Dividend Growth | 2.0% |
| Next dividend pay date | 20 Dec 24 |
| Ex dividend date | 12 Dec 24 |
| Dividend per share | NZ$1.720 |
| Payout ratio | 87% |
Recent dividend and buyback updates
Recent updates
Investors Should Be Encouraged By Mainfreight's (NZSE:MFT) Returns On Capital
Nov 12
Estimating The Fair Value Of Mainfreight Limited (NZSE:MFT)
Oct 25Mainfreight Limited (NZSE:MFT) Not Lagging Market On Growth Or Pricing
Sep 10Returns On Capital Are A Standout For Mainfreight (NZSE:MFT)
Jul 25Is Mainfreight (NZSE:MFT) Using Too Much Debt?
Jul 11Calculating The Fair Value Of Mainfreight Limited (NZSE:MFT)
Jun 19Mainfreight's (NZSE:MFT) Soft Earnings Are Actually Better Than They Appear
Jun 04Investor Optimism Abounds Mainfreight Limited (NZSE:MFT) But Growth Is Lacking
Apr 22Here's What To Make Of Mainfreight's (NZSE:MFT) Decelerating Rates Of Return
Feb 12Is Mainfreight (NZSE:MFT) A Risky Investment?
Jan 26With EPS Growth And More, Mainfreight (NZSE:MFT) Makes An Interesting Case
Oct 20Mainfreight (NZSE:MFT) Could Become A Multi-Bagger
Sep 19Here's Why We Think Mainfreight (NZSE:MFT) Might Deserve Your Attention Today
Jul 20Mainfreight (NZSE:MFT) Has A Rock Solid Balance Sheet
Jun 28Mainfreight (NZSE:MFT) Has Announced A Dividend Of NZ$1.02
May 28An Intrinsic Calculation For Mainfreight Limited (NZSE:MFT) Suggests It's 26% Undervalued
Apr 17If EPS Growth Is Important To You, Mainfreight (NZSE:MFT) Presents An Opportunity
Apr 04Mainfreight (NZSE:MFT) Seems To Use Debt Rather Sparingly
Mar 09The Trend Of High Returns At Mainfreight (NZSE:MFT) Has Us Very Interested
Feb 09Here's Why We Think Mainfreight (NZSE:MFT) Is Well Worth Watching
Nov 23Returns on Capital Paint A Bright Future For Mainfreight (NZSE:MFT)
Nov 10An Intrinsic Calculation For Mainfreight Limited (NZSE:MFT) Suggests It's 29% Undervalued
Sep 13With EPS Growth And More, Mainfreight (NZSE:MFT) Makes An Interesting Case
Aug 19Returns on Capital Paint A Bright Future For Mainfreight (NZSE:MFT)
Aug 07Mainfreight (NZSE:MFT) Has A Rock Solid Balance Sheet
Jul 26Is There An Opportunity With Mainfreight Limited's (NZSE:MFT) 27% Undervaluation?
Jun 13Should You Be Adding Mainfreight (NZSE:MFT) To Your Watchlist Today?
May 06Mainfreight (NZSE:MFT) Is Experiencing Growth In Returns On Capital
Mar 16Do Mainfreight's (NZSE:MFT) Earnings Warrant Your Attention?
Jan 29Mainfreight's (NZSE:MFT) Returns On Capital Are Heading Higher
Nov 29Calculating The Fair Value Of Mainfreight Limited (NZSE:MFT)
Sep 10If You Like EPS Growth Then Check Out Mainfreight (NZSE:MFT) Before It's Too Late
Aug 29Return Trends At Mainfreight (NZSE:MFT) Aren't Appealing
Aug 17Analysts Just Made A Significant Upgrade To Their Mainfreight Limited (NZSE:MFT) Forecasts
Aug 01Shareholders May Not Be So Generous With Mainfreight Limited's (NZSE:MFT) CEO Compensation And Here's Why
Jul 22Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MFT's dividends per share have been stable in the past 10 years.
Growing Dividend: MFT's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Mainfreight Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MFT) | 2.3% |
| Market Bottom 25% (NZ) | 3.2% |
| Market Top 25% (NZ) | 6.1% |
| Industry Average (Logistics) | 2.8% |
| Analyst forecast (MFT) (up to 3 years) | 2.6% |
Notable Dividend: MFT's dividend (2.34%) isn’t notable compared to the bottom 25% of dividend payers in the NZ market (3.22%).
High Dividend: MFT's dividend (2.34%) is low compared to the top 25% of dividend payers in the NZ market (6.12%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (87.2%), MFT's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (73%), MFT's dividend payments are covered by cash flows.