Mullen Group Dividend
Dividend criteria checks 4/6
Mullen Group is a dividend paying company with a current yield of 5.49% that is well covered by earnings. Next payment date is on 15th November, 2024 with an ex-dividend date of 31st October, 2024.
Key information
5.5%
Dividend yield
1.0%
Buyback Yield
| Total Shareholder Yield | 6.5% |
| Future Dividend Yield | 6.0% |
| Dividend Growth | 1.0% |
| Next dividend pay date | 15 Nov 24 |
| Ex dividend date | 31 Oct 24 |
| Dividend per share | US$0.608 |
| Payout ratio | 53% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MLLG.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: MLLG.F's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Mullen Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MLLG.F) | 5.5% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Transportation) | 1.8% |
| Analyst forecast (MLLG.F) (up to 3 years) | 6.0% |
Notable Dividend: MLLG.F's dividend (5.49%) is higher than the bottom 25% of dividend payers in the US market (1.46%).
High Dividend: MLLG.F's dividend (5.49%) is in the top 25% of dividend payers in the US market (4.55%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53%), MLLG.F's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34.6%), MLLG.F's dividend payments are well covered by cash flows.