Marsden Maritime Holdings Dividend
Dividend criteria checks 5/6
Marsden Maritime Holdings is a dividend paying company with a current yield of 3.29% that is well covered by earnings.
Key information
3.3%
Dividend yield
72%
Payout ratio
| Industry average yield | 2.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | NZ$0.19 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MMH's dividends per share have been stable in the past 10 years.
Growing Dividend: MMH's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Marsden Maritime Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MMH) | 3.3% |
| Market Bottom 25% (NZ) | 3.1% |
| Market Top 25% (NZ) | 6.7% |
| Industry Average (Infrastructure) | 2.0% |
| Analyst forecast in 3 Years (MMH) | n/a |
Notable Dividend: MMH's dividend (3.29%) is higher than the bottom 25% of dividend payers in the NZ market (3.03%).
High Dividend: MMH's dividend (3.29%) is low compared to the top 25% of dividend payers in the NZ market (6.67%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.6%), MMH's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (68.3%), MMH's dividend payments are covered by cash flows.