Mainfreight Dividend
Dividend criteria checks 4/6
Mainfreight is a dividend paying company with a current yield of 2.47% that is well covered by earnings.
Key information
2.5%
Dividend yield
52%
Payout ratio
| Industry average yield | 3.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | NZ$3.32 |
| Dividend yield forecast in 3Y | 3.5% |
Recent dividend updates
Recent updates
Investor Optimism Abounds Mainfreight Limited (NZSE:MFT) But Growth Is Lacking
Apr 22
Here'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 22Does Mainfreight (NZSE:MFT) Have A Healthy Balance Sheet?
Jun 28Mainfreight Limited Beat Revenue Forecasts By 6.6%: Here's What Analysts Are Forecasting Next
May 28Is Mainfreight Limited (NZSE:MFT) Trading At A 48% Discount?
May 21If You Like EPS Growth Then Check Out Mainfreight (NZSE:MFT) Before It's Too Late
May 03Mainfreight (NZSE:MFT) Hasn't Managed To Accelerate Its Returns
Apr 07Is Mainfreight Limited (NZSE:MFT) Popular Amongst Insiders?
Mar 12Shareholders of Mainfreight (NZSE:MFT) Must Be Delighted With Their 385% Total Return
Feb 28We Think Mainfreight (NZSE:MFT) Can Stay On Top Of Its Debt
Feb 16
What We Learned About Mainfreight's (NZSE:MFT) CEO Compensation
Feb 04Mainfreight Limited's (NZSE:MFT) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Jan 23Is Now The Time To Put Mainfreight (NZSE:MFT) On Your Watchlist?
Jan 12The Trends At Mainfreight (NZSE:MFT) That You Should Know About
Dec 31Who Has Been Selling Mainfreight Limited (NZSE:MFT) Shares?
Dec 19Stability 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) | 2.5% |
| Market Bottom 25% (NZ) | 3.1% |
| Market Top 25% (NZ) | 7.0% |
| Industry Average (Logistics) | 3.0% |
| Analyst forecast in 3 Years (MFT) | 3.5% |
Notable Dividend: MFT's dividend (2.47%) isn’t notable compared to the bottom 25% of dividend payers in the NZ market (3.15%).
High Dividend: MFT's dividend (2.47%) is low compared to the top 25% of dividend payers in the NZ market (7.02%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.9%), MFT's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (46.7%), MFT's dividend payments are well covered by cash flows.