Mr Price Group Dividend
Dividend criteria checks 4/6
Mr Price Group is a dividend paying company with a current yield of 3.95% that is well covered by earnings. Next payment date is on 8th July, 2024 with an ex-dividend date of 3rd July, 2024.
Key information
3.9%
Dividend yield
63%
Payout ratio
Industry average yield | 4.0% |
Next dividend pay date | 08 Jul 24 |
Ex dividend date | 03 Jul 24 |
Dividend per share | n/a |
Earnings per share | R12.77 |
Dividend yield forecast in 3Y | 5.3% |
Recent dividend updates
Mr Price Group (JSE:MRP) Is Paying Out Less In Dividends Than Last Year
Nov 29Mr Price Group (JSE:MRP) Has Announced That Its Dividend Will Be Reduced To ZAR4.47
Jul 02Recent updates
We Like Mr Price Group's (JSE:MRP) Earnings For More Than Just Statutory Profit
Jun 21Is Mr Price Group (JSE:MRP) A Risky Investment?
Jun 17What Mr Price Group Limited's (JSE:MRP) P/E Is Not Telling You
Apr 27Is There Now An Opportunity In Mr Price Group Limited (JSE:MRP)?
Apr 04Here's Why Mr Price Group (JSE:MRP) Can Manage Its Debt Responsibly
Jan 15Risks To Shareholder Returns Are Elevated At These Prices For Mr Price Group Limited (JSE:MRP)
Dec 28Mr Price Group (JSE:MRP) Is Paying Out Less In Dividends Than Last Year
Nov 29Some Shareholders Feeling Restless Over Mr Price Group Limited's (JSE:MRP) P/E Ratio
Aug 04Mr Price Group (JSE:MRP) Has Announced That Its Dividend Will Be Reduced To ZAR4.47
Jul 02Mr Price Group (JSE:MRP) Could Be Struggling To Allocate Capital
Jun 25Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MRP's dividend payments have been volatile in the past 10 years.
Growing Dividend: MRP's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Mr Price Group Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (MRP) | 3.9% |
Market Bottom 25% (ZA) | 3.6% |
Market Top 25% (ZA) | 8.7% |
Industry Average (Specialty Retail) | 4.0% |
Analyst forecast in 3 Years (MRP) | 5.3% |
Notable Dividend: MRP's dividend (3.95%) is higher than the bottom 25% of dividend payers in the ZA market (3.49%).
High Dividend: MRP's dividend (3.95%) is low compared to the top 25% of dividend payers in the ZA market (8.59%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (63.5%), MRP's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33.8%), MRP's dividend payments are well covered by cash flows.