MGP Ingredients Stock Dividends
MGPI pays dividends quarterly. Last paid amount was $0 at Mar 14, 2024. As of today, dividend yield (TTM) is 0.355%.
Dividend Yield Range
AI Analysis of MGPI
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 0.355% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | -100.00% |
| Payout Ratio | 0 |
| Amount Per Share | $0 |
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MGP Ingredients has not yet announced its next dividend date. Last payment date was: Mar 14, 2024.
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MGPI Dividend Payout History
To ensure a understanding of MGPI's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 14, 2024 | Mar 14, 2024 | Mar 14, 2024 | $0 | 0% |
| 2 | Nov 02, 2023 | Nov 16, 2023 | Dec 01, 2023 | $0.120 | 0.135% |
| 3 | Aug 06, 2023 | Aug 17, 2023 | Sep 01, 2023 | $0.120 | 0.101% |
| 4 | May 04, 2023 | May 18, 2023 | Jun 02, 2023 | $0.120 | 0.119% |
| 5 | May 27, 2023 | Mar 09, 2023 | Mar 24, 2023 | $0.120 | 0.127% |
| 6 | Nov 03, 2022 | Nov 17, 2022 | Dec 02, 2022 | $0.120 | 0.0976% |
| 7 | Aug 04, 2022 | Aug 18, 2022 | Sep 02, 2022 | $0.120 | 0.114% |
| 8 | May 05, 2022 | May 19, 2022 | Jun 03, 2022 | $0.120 | 0.123% |
| 9 | Feb 24, 2022 | Mar 10, 2022 | Mar 25, 2022 | $0.120 | 0.139% |
| 10 | Nov 03, 2021 | Nov 18, 2021 | Dec 03, 2021 | $0.120 | 0.144% |
Dividend Sustainability
With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.
Sustainability score
Growth potential
MGPI Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from MGPI dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in MGPI stock here.
Comparing MGPI to Sector and Country
MGPI pays a solid dividend yield of 0.355%, which is lower than the average of the bottom 25% of dividend payers in the US market (0.88%). MGPI’s dividend yield is lower than the average of the top 25% of dividend payers in the Consumer Defensive sector in the US market (5.80%), which means that there are more attractive dividend stocks to consider.
MGPI Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Strayer Education | 2.88B | $0.600 | 2.84% | 43.37% | |
| Cal-Maine Foods | 2.789B | $0.116 | 1.81% | 54.68% | |
| Calavo Growers | 481.142M | $0.100 | 1.49% | -62.10% | |
| Ingles Markets | 1.352B | $0.165 | 0.628% | 6.63% | |
| MGP Ingredients | 1.743B | - | 0.355% | 9.93% |
