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MiX Telematics Limited Stock Dividends Overview

MIXT pays dividends quarterly. Last paid amount was $0.0454 at Mar 07, 2024. As of today, dividend yield (TTM) is 2.26%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 2.26%
Frequency Quarterly
1Y Growth -21.79%
Payout Ratio 0
Amount Per Share $0.0454
MiX Telematics Limited has not yet announced its next dividend date. Last payment date was: Mar 07, 2024.

MIXT Dividend Payout History

To ensure a understanding of MIXT'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.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 22, 2024 Feb 22, 2024 Mar 07, 2024 $0.0454 0.470%
2 Nov 08, 2023 Nov 30, 2023 Dec 14, 2023 $0.0609 0.86%
3 May 25, 2023 Jun 15, 2023 Jun 29, 2023 $0.0580 0.93%
4 Jan 26, 2023 Feb 16, 2023 Mar 02, 2023 $0.0580 0.670%
5 Nov 03, 2022 Nov 17, 2022 Dec 01, 2022 $0.0570 0.726%
6 Jul 28, 2022 Aug 18, 2022 Sep 01, 2022 $0.0600 0.750%
7 May 31, 2022 Jun 16, 2022 Jun 30, 2022 $0.0640 0.786%
8 Feb 10, 2022 Feb 24, 2022 Mar 03, 2022 $0.0660 0.562%
9 Feb 17, 2022 Feb 17, 2022 Mar 03, 2022 $0.0600 0.511%
10 Nov 04, 2021 Nov 18, 2021 Dec 02, 2021 $0.0650 0.562%

Dividend Sustainability

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Sustainability score

Low (24.31%)

Growth potential

Decrease likely (29.09%)

MIXT Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from MIXT 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 MIXT stock here.

Comparing MIXT to Sector and Country

MIXT pays a solid dividend yield of 2.26%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.368%). MIXT’s dividend yield is lower than the average of the top 25% of dividend payers in the Technology sector in the US market (7.47%), which means that there are more attractive dividend stocks to consider.

FAQ

What factors can affect the amount of MIXT's dividend payments?
The amount of MIXT's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in MIXT sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from MIXT stock be automatically reinvested?
If MIXT offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy MIXT stock.

How often does MIXT pay dividend?
MiX Telematics Limited (MIXT) pays dividends quarterly. The most recent payout was on Mar 07, 2024.

How much does MIXT pays per share?
The last recorder (Feb 22, 2024) dividend per share was $0.0454.

What is MIXT dividend growth rate?
Over the last year, MiX Telematics Limited has witnessed growth rate of -21.79% . Looking back over the past 3 years, this growth rate has been -15.05%. Furthermore, examining the past 5 years, MiX Telematics Limited has maintained an average Dividends Per Share Growth Rate of -8.31%.
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About MiX Telematics Limited

MiX Telematics Limited MiX Telematics Limited provides fleet and mobile asset management solutions through software-as-a-service (Saas) delivery model. The company offers MiX Fleet Manager, a web-based application, which provides commercial fleet management solution that gives user live and historical views of driver and vehicle performance information, including vehicle tracking and status information, as well as alerts and notifications; MiX Asset Manager, a portfoli... MIXT Profile

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