Merchants Financial Group Dividends and Buybacks
Dividend criteria checks 3/6
Merchants Financial Group is a dividend paying company with a current yield of 2.7% that is well covered by earnings. Next payment date is on 20th December, 2024 with an ex-dividend date of 22nd November, 2024.
Key information
2.7%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 2.4% |
| Next dividend pay date | 20 Dec 24 |
| Ex dividend date | 22 Nov 24 |
| Dividend per share | US$0.720 |
| Payout ratio | 29% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MFGI's dividend payments have been volatile in the past 10 years.
Growing Dividend: MFGI's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Merchants Financial Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MFGI) | 2.7% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (MFGI) (up to 3 years) | n/a |
Notable Dividend: MFGI's dividend (2.7%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: MFGI's dividend (2.7%) is low compared to the top 25% of dividend payers in the US market (4.26%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29%), MFGI's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.