Magellan Aerospace Dividend
Dividend criteria checks 1/6
Magellan Aerospace is a dividend paying company with a current yield of 1.27% that is well covered by earnings.
Key information
1.3%
Dividend yield
62%
Payout ratio
Industry average yield | 1.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$0.16 |
Dividend yield forecast in 3Y | 1.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MALJ.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: MALJ.F's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Magellan Aerospace Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (MALJ.F) | 1.3% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.7% |
Industry Average (Aerospace & Defense) | 1.6% |
Analyst forecast in 3 Years (MALJ.F) | 1.3% |
Notable Dividend: MALJ.F's dividend (1.27%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: MALJ.F's dividend (1.27%) is low compared to the top 25% of dividend payers in the US market (4.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (62%), MALJ.F's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: MALJ.F is paying a dividend but the company has no free cash flows.