Mycronic Dividend
Dividend criteria checks 2/6
Mycronic is a dividend paying company with a current yield of 1.16% that is well covered by earnings. Next payment date is on 16th May, 2024 with an ex-dividend date of 10th May, 2024.
Key information
1.2%
Dividend yield
33%
Payout ratio
| Industry average yield | 1.2% |
| Next dividend pay date | 16 May 24 |
| Ex dividend date | 10 May 24 |
| Dividend per share | n/a |
| Earnings per share | kr13.71 |
| Dividend yield forecast in 3Y | 1.8% |
Recent dividend updates
Mycronic (STO:MYCR) Has Announced That It Will Be Increasing Its Dividend To SEK4.50
Apr 22
Mycronic's (STO:MYCR) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 07Mycronic (STO:MYCR) Is Increasing Its Dividend To SEK4.50
Mar 23Mycronic (STO:MYCR) Is Paying Out A Larger Dividend Than Last Year
Feb 15Recent updates
Mycronic (STO:MYCR) Has Announced That It Will Be Increasing Its Dividend To SEK4.50
Apr 22Mycronic AB (publ) Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Apr 21Statutory Profit Doesn't Reflect How Good Mycronic's (STO:MYCR) Earnings Are
Apr 11Mycronic's (STO:MYCR) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 07Returns On Capital At Mycronic (STO:MYCR) Paint A Concerning Picture
Apr 06Mycronic (STO:MYCR) Is Increasing Its Dividend To SEK4.50
Mar 23Investors Still Waiting For A Pull Back In Mycronic AB (publ) (STO:MYCR)
Mar 21Mycronic (STO:MYCR) Is Paying Out A Larger Dividend Than Last Year
Feb 15Does Mycronic (STO:MYCR) Have A Healthy Balance Sheet?
Jan 19Should You Think About Buying Mycronic AB (publ) (STO:MYCR) Now?
Jan 04Mycronic AB (publ) (STO:MYCR) Not Flying Under The Radar
Dec 18The Returns On Capital At Mycronic (STO:MYCR) Don't Inspire Confidence
Nov 07Mycronic (STO:MYCR) Could Easily Take On More Debt
Oct 05Calculating The Intrinsic Value Of Mycronic AB (publ) (STO:MYCR)
Aug 29Mycronic (STO:MYCR) Could Easily Take On More Debt
Jul 02Be Wary Of Mycronic (STO:MYCR) And Its Returns On Capital
Jun 13Mycronic's (STO:MYCR) Upcoming Dividend Will Be Larger Than Last Year's
Apr 05Does Mycronic (STO:MYCR) Have A Healthy Balance Sheet?
Mar 14What Does Mycronic AB (publ)'s (STO:MYCR) Share Price Indicate?
Mar 01Mycronic (STO:MYCR) Is Increasing Its Dividend To SEK3.50
Feb 13The Returns On Capital At Mycronic (STO:MYCR) Don't Inspire Confidence
Jan 27Here's Why Mycronic (STO:MYCR) Can Manage Its Debt Responsibly
Dec 02When Should You Buy Mycronic AB (publ) (STO:MYCR)?
Oct 19Mycronic (STO:MYCR) Could Be Struggling To Allocate Capital
Oct 03Does Mycronic (STO:MYCR) Have A Healthy Balance Sheet?
Aug 22What Is Mycronic AB (publ)'s (STO:MYCR) Share Price Doing?
Jul 11Mycronic (STO:MYCR) Will Want To Turn Around Its Return Trends
Jun 28These 4 Measures Indicate That Mycronic (STO:MYCR) Is Using Debt Reasonably Well
May 15Mycronic (STO:MYCR) Has Affirmed Its Dividend Of kr3.00
Apr 22Mycronic's (STO:MYCR) Dividend Will Be kr3.00
Apr 06Mycronic (STO:MYCR) Has Re-Affirmed Its Dividend Of kr3.00
Mar 23Mycronic (STO:MYCR) May Have Issues Allocating Its Capital
Feb 23Mycronic (STO:MYCR) Will Pay A Dividend Of kr3.00
Feb 12An Intrinsic Calculation For Mycronic AB (publ) (STO:MYCR) Suggests It's 48% Undervalued
Jan 23Is Now The Time To Look At Buying Mycronic AB (publ) (STO:MYCR)?
Dec 26Mycronic (STO:MYCR) Could Be Struggling To Allocate Capital
Nov 17Calculating The Fair Value Of Mycronic AB (publ) (STO:MYCR)
Oct 16Mycronic (STO:MYCR) Seems To Use Debt Rather Sparingly
Oct 03Is Now The Time To Look At Buying Mycronic AB (publ) (STO:MYCR)?
Sep 21Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MYCR has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: MYCR's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Mycronic Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MYCR) | 1.2% |
| Market Bottom 25% (SE) | 1.6% |
| Market Top 25% (SE) | 4.3% |
| Industry Average (Electronic) | 1.2% |
| Analyst forecast in 3 Years (MYCR) | 1.8% |
Notable Dividend: MYCR's dividend (1.16%) isn’t notable compared to the bottom 25% of dividend payers in the Swedish market (1.56%).
High Dividend: MYCR's dividend (1.16%) is low compared to the top 25% of dividend payers in the Swedish market (4.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.8%), MYCR's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.9%), MYCR's dividend payments are well covered by cash flows.