Mainfreight Dividend
Dividend criteria checks 5/6
Mainfreight is a dividend paying company with a current yield of 2.56% that is well covered by earnings.
Key information
2.6%
Dividend yield
52%
Payout ratio
Industry average yield | 3.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$3.32 |
Dividend yield forecast in 3Y | 3.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MFGH.F's dividends per share have been stable in the past 10 years.
Growing Dividend: MFGH.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Mainfreight Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (MFGH.F) | 2.6% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.6% |
Industry Average (Logistics) | 3.3% |
Analyst forecast in 3 Years (MFGH.F) | 3.6% |
Notable Dividend: MFGH.F's dividend (2.56%) is higher than the bottom 25% of dividend payers in the US market (1.5%).
High Dividend: MFGH.F's dividend (2.56%) is low compared to the top 25% of dividend payers in the US market (4.65%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.9%), MFGH.F's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (46.7%), MFGH.F's dividend payments are well covered by cash flows.