MGP Ingredients Dividends and Buybacks
Dividend criteria checks 3/6
MGP Ingredients is a dividend paying company with a current yield of 1.2% that is well covered by earnings.
Key information
1.2%
Dividend yield
1.3%
Buyback Yield
| Total Shareholder Yield | 2.5% |
| Future Dividend Yield | 1.2% |
| Dividend Growth | 6.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.480 |
| Payout ratio | 10% |
Recent dividend and buyback updates
Recent updates
MGP Ingredients (NASDAQ:MGPI) Is Posting Promising Earnings But The Good News Doesn’t Stop There
Nov 07
MGP Ingredients (NASDAQ:MGPI) Has Announced A Dividend Of $0.12
Nov 04MGP Ingredients: Getting Caught In Weak Spirit Demand In Q3
Oct 21MGP Ingredients (NASDAQ:MGPI) Has A Pretty Healthy Balance Sheet
Oct 19Positive Sentiment Still Eludes MGP Ingredients, Inc. (NASDAQ:MGPI) Following 27% Share Price Slump
Oct 19MGP Ingredients, Inc.'s (NASDAQ:MGPI) Earnings Haven't Escaped The Attention Of Investors
Aug 27Intrinsic Valuation Of MGP Ingredients Reveals It's Overvalued
Aug 04MGP Ingredients (NASDAQ:MGPI) Seems To Use Debt Quite Sensibly
Jul 12MGP Ingredients: Modest Organic Growth Likely Ahead After 2024 Distillery Closure
Jun 18MGP Ingredients, Inc. (NASDAQ:MGPI) Might Not Be As Mispriced As It Looks
May 24MGP Ingredients: Tax Tariff Extension And Move Away From White Goods
Feb 07We Think MGP Ingredients (NASDAQ:MGPI) Can Stay On Top Of Its Debt
Jan 05MGP Ingredients, Inc.'s (NASDAQ:MGPI) P/E Is On The Mark
Dec 18Is Now The Time To Look At Buying MGP Ingredients, Inc. (NASDAQ:MGPI)?
Nov 30Is MGP Ingredients (NASDAQ:MGPI) Using Too Much Debt?
May 23Is There An Opportunity With MGP Ingredients, Inc.'s (NASDAQ:MGPI) 34% Undervaluation?
May 07Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MGPI's dividend payments have been volatile in the past 10 years.
Growing Dividend: MGPI's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| MGP Ingredients Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MGPI) | 1.2% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Beverage) | 3.1% |
| Analyst forecast (MGPI) (up to 3 years) | 1.2% |
Notable Dividend: MGPI's dividend (1.2%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: MGPI's dividend (1.2%) is low compared to the top 25% of dividend payers in the US market (4.56%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (10%), MGPI's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.7%), MGPI's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 14:32 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
MGP Ingredients, Inc. is covered by 14 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Donald McLee | Berenberg |
| Alex Fuhrman | Craig-Hallum Capital Group LLC |
| Benjamin Klieve | Lake Street Capital Markets, LLC |