Page title
Section title
- Dividend Yield
- 5.95%
- Payout Ratio
- 18.38%
- Dividend Amount Per Share
- $0.72
- Last Ex-Dividend Date
- Aug 30, 2024
MTL.TO Dividend Safety
MTL.TO paid out 18.38% of its $137M earnings as dividends over the last 12 months.
Very Safe
Very Unsafe
Unsafe
Somewhat Safe
Safe
Very Safe
Dividend Payout Ratio
MTL.TO's Dividend Payout Ratio of 18.38% is considered safe for the Industrials sector, indicating that the company retains enough earnings to support business growth.
Interest Rate Coverage
MTL.TO's Interest Coverage Ratio of 5.17 indicates strong financial health with easy coverage of interest expenses.
Income Quality
MTL.TO shows excellent income quality with a ratio of 1.78. This indicates high-quality earnings and low risk of dividend cuts.
MTL.TO Dividend Growth
Mullen Group Ltd.(MTL.TO) offers a dividend yield of 5.95% and pays $0.72 in dividends per share. Explore the historical dividend growth of MTL.TO.
Dividend Stability
MTL.TO has shown inconsistent dividend payments over the past 10 years with 3 cuts over 5%.
Dividend Growth
MTL.TO's dividend payments have shown moderate growth, growing by 3.714% annually over the last 5 years.
Earnings Growth
MTL.TO's earnings have grown by 13.608% annually over the last 5 years. This strong earnings growth suggests a stable and increasing income stream, supporting the sustainability and potential growth of dividend payouts.
MTL.TO Dividend Yield Attractiveness
Mullen Group Ltd.(MTL.TO) provides a dividend yield of 5.95%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.
Yield %
1.43%
2.90%
5.95%
6.46%
Dividend Yield
MTL.TO's dividend yield of 5.95% is considered high compared to the sector average of 2.901%, indicating a higher potential risk for investors.
MTL.TO Cash Flow
Over the past 12 months, MTL.TO generated $2B in revenue, produced $151M in free cash flow, and distributed $64M in dividends.
Free Cash Flow Growth
MTL.TO's free cash flow has grown by 8.234% annually over the last 5 years, indicating a strong ability to generate cash and support dividend payments.
MTL.TO Free Cash Flow and Dividends Paid
This chart shows the Free Cash Flow (FCF) and the portion of FCF used to pay dividends each year by Mullen Group Ltd.. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.