Mullen Group Dividend
Dividend criteria checks 4/6
Mullen Group is a dividend paying company with a current yield of 5.96% that is well covered by earnings. Next payment date is on 15th October, 2024 with an ex-dividend date of 30th September, 2024.
Key information
6.0%
Dividend yield
51%
Payout ratio
Industry average yield | 1.7% |
Next dividend pay date | 15 Oct 24 |
Ex dividend date | 30 Sep 24 |
Dividend per share | US$0.622 |
Earnings per share | US$1.41 |
Dividend yield forecast | 6.3% |
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 |
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Segment | Dividend Yield |
---|---|
Company (MLLG.F) | 6.0% |
Market Bottom 25% (US) | 1.4% |
Market Top 25% (US) | 4.3% |
Industry Average (Transportation) | 1.7% |
Analyst forecast (MLLG.F) (up to 3 years) | 6.3% |
Notable Dividend: MLLG.F's dividend (5.96%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: MLLG.F's dividend (5.96%) is in the top 25% of dividend payers in the US market (4.31%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.4%), MLLG.F's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (40.1%), MLLG.F's dividend payments are well covered by cash flows.