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MRC Global Inc Stock Dividends Overview

MRC.L used to pay dividends quarterly. Last paid amount was £0.0145 at Sep 28, 2023. As of today, dividend yield (TTM) is 0.755%.

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) 0.755%
Frequency Quarterly
1Y Growth -99.00%
Payout Ratio 0
Amount Per Share £0.0145
MRC Global Inc has not yet announced its next dividend date. Last payment date was: Sep 28, 2023.

MRC Dividend Payout History

To ensure a understanding of MRC'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 Sep 28, 2023 Sep 28, 2023 Sep 28, 2023 £0.0145 0.0076%
2 Jun 22, 2023 Jun 22, 2023 Jun 22, 2023 £1.45 0.747%
3 Apr 06, 2023 Apr 06, 2023 Apr 06, 2023 £3.10 1.62%
4 Dec 14, 2022 Dec 22, 2022 Feb 01, 2023 £1.35 0.640%
5 Sep 22, 2022 Sep 29, 2022 Nov 01, 2022 £1.35 0.734%
6 May 17, 2022 Jun 23, 2022 Aug 01, 2022 £1.35 0.667%
7 Mar 24, 2022 Mar 31, 2022 May 03, 2022 £2.85 1.39%
8 Dec 15, 2021 Dec 23, 2021 Feb 01, 2022 £1.35 0.540%
9 Sep 15, 2021 Sep 23, 2021 Nov 01, 2021 £1.35 0.503%
10 May 20, 2021 Jun 24, 2021 Aug 02, 2021 £1.35 0.484%

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

Average (94.12%)

Growth potential

Decrease likely (38.14%)

MRC Dividend Calculator

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

Comparing MRC to Sector and Country

MRC.L pays a solid dividend yield of 0.755%, which is higher than the average of the bottom 25% of dividend payers in the UK market (0.550%). MRC.L’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the UK market (8.94%), which means that there are more attractive dividend stocks to consider.

FAQ

What factors can affect the amount of MRC.L's dividend payments?
The amount of MRC.L'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 MRC.L sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from MRC.L stock be automatically reinvested?
If MRC.L 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 MRC.L stock.

How often does MRC.L pay dividend?
MRC Global Inc (MRC.L) used to pay dividends quarterly. The most recent payout was on Sep 28, 2023.

How much does MRC.L pays per share?
The last recorder (Sep 28, 2023) dividend per share was £0.0145.

What is MRC.L dividend growth rate?
Over the last year, MRC Global Inc has witnessed growth rate of -99.00% . Looking back over the past 3 years, this growth rate has been -77.94%. Furthermore, examining the past 5 years, MRC Global Inc has maintained an average Dividends Per Share Growth Rate of -59.62%.
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About MRC Global Inc

The Mercantile Investment Trust plc is an open ended equity mutual fund launched and managed by JPMorgan Funds Limited. The fund is co-managed by JPMorgan Asset Management (UK) Limited. It invests in the public equity markets of the United Kingdoms. The fund spreads its investments across diversified sectors. It invests in the stocks of mid and small cap companies. The fund benchmarks the performance of its portfolio against the FTSE All Share (e... MRC.L Profile

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