Mills Music Trust Dividends and Buybacks
Dividend criteria checks 4/6
Mills Music Trust is a dividend paying company with a current yield of 8.41%.
Key information
8.4%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 1.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$3.111 |
| Payout ratio | 100% |
Recent dividend and buyback updates
No updates
Recent updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MMTR.S's dividends per share have been stable in the past 10 years.
Growing Dividend: MMTR.S's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Mills Music Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MMTR.S) | 8.4% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Entertainment) | 1.1% |
| Analyst forecast (MMTR.S) (up to 3 years) | n/a |
Notable Dividend: MMTR.S's dividend (8.41%) is higher than the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: MMTR.S's dividend (8.41%) is in the top 25% of dividend payers in the US market (4.32%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (100%), MMTR.S's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate MMTR.S's cash payout ratio to determine if its dividend payments are covered by cash flows.