Mullen Group Ltd. Stock Dividends
MTL.TO pays dividends monthly. Last paid amount was $0 at Mar 27, 2024. As of today, dividend yield (TTM) is 3.80%.
Dividend Yield Range
AI Analysis of MTL.TO
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 3.80% |
|---|---|
| Frequency | Monthly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | $0.0600 |
| Next Ex-Dividend Date | Apr 29, 2024 |
| Next Payment Date | May 15, 2024 |
MTL Dividend Payout History
To ensure a understanding of MTL'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 | Apr 29, 2024 | Apr 29, 2024 | May 15, 2024 | $0.0600 | 0.478% |
| 2 | Mar 27, 2024 | Mar 27, 2024 | Mar 27, 2024 | $0 | 0% |
| 3 | Feb 28, 2024 | Feb 28, 2024 | Mar 15, 2024 | $0.0600 | 0.418% |
| 4 | Jan 30, 2024 | Jan 30, 2024 | Feb 15, 2024 | $0.0600 | 0.411% |
| 5 | Dec 28, 2023 | Dec 28, 2023 | Dec 28, 2023 | $0 | 0% |
| 6 | Nov 29, 2023 | Nov 29, 2023 | Nov 29, 2023 | $0 | 0% |
| 7 | Oct 17, 2023 | Oct 30, 2023 | Nov 15, 2023 | $0.0600 | 0.449% |
| 8 | Sep 21, 2023 | Sep 28, 2023 | Oct 16, 2023 | $0.0600 | 0.435% |
| 9 | Aug 23, 2023 | Aug 30, 2023 | Sep 15, 2023 | $0.0600 | 0.430% |
| 10 | Jul 18, 2023 | Jul 28, 2023 | Aug 15, 2023 | $0.0600 | 0.395% |
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
Growth potential
MTL Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from MTL 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 MTL stock here.
Comparing MTL to Sector and Country
MTL.TO pays a solid dividend yield of 3.80%, which is higher than the average of the bottom 25% of dividend payers in the CA market (0.612%). MTL.TO’s dividend yield is lower than the average of the top 25% of dividend payers in the Industrials sector in the CA market (5.29%), which means that there are more attractive dividend stocks to consider.
