Marsden Maritime Holdings Dividend
Dividend criteria checks 4/6
Marsden Maritime Holdings is a dividend paying company with a current yield of 3.48%. Next payment date is on 30th September, 2024 with an ex-dividend date of 20th September, 2024.
Key information
3.5%
Dividend yield
109%
Payout ratio
| Industry average yield | 2.0% |
| Next dividend pay date | 30 Sep 24 |
| Ex dividend date | 20 Sep 24 |
| Dividend per share | NZ$0.117 |
| Earnings per share | NZ$0.11 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
There May Be Some Bright Spots In Marsden Maritime Holdings' (NZSE:MMH) Earnings
Aug 30
Marsden Maritime Holdings (NZSE:MMH) Will Pay A Smaller Dividend Than Last Year
Aug 29Here's What Marsden Maritime Holdings Limited's (NZSE:MMH) Shareholder Ownership Structure Looks Like
Jan 27Here's Why We Think Marsden Maritime Holdings's (NZSE:MMH) Statutory Earnings Might Be Conservative
Dec 05
Upcoming Dividend Payment
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) | 3.5% |
| Market Bottom 25% (NZ) | 3.4% |
| Market Top 25% (NZ) | 6.0% |
| Industry Average (Infrastructure) | 2.0% |
| Analyst forecast (MMH) (up to 3 years) | n/a |
Notable Dividend: MMH's dividend (3.48%) is higher than the bottom 25% of dividend payers in the NZ market (3.4%).
High Dividend: MMH's dividend (3.48%) is low compared to the top 25% of dividend payers in the NZ market (6.03%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (108.5%), MMH's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (69.2%), MMH's dividend payments are covered by cash flows.