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Mullen Group Ltd. Stock Dividends Overview

MTL.TO pays dividends monthly. Last paid amount was $0.0600 at May 15, 2024. As of today, dividend yield (TTM) is 5.13%.

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) 5.13%
Frequency Monthly
1Y Growth 0%
Payout Ratio 0
Amount Per Share $0.0600
Next Ex-Dividend Date May 31, 2024
Next Payment Date Jun 17, 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.


# Declaration Date Ex-Date Pay Date Amount Yield
151 Feb 17, 2009 Feb 25, 2009 Mar 16, 2009 $0.0750 0.82%
152 Jan 16, 2009 Jan 28, 2009 Feb 16, 2009 $0.0750 0.765%
153 Dec 16, 2008 Dec 29, 2008 Jan 15, 2009 $0.150 1.35%
154 Nov 17, 2008 Nov 26, 2008 Dec 15, 2008 $0.150 1.50%
155 Oct 17, 2008 Oct 29, 2008 Nov 17, 2008 $0.150 1.13%
156 Sep 17, 2008 Sep 26, 2008 Oct 15, 2008 $0.150 1.11%
157 Aug 18, 2008 Aug 27, 2008 Sep 15, 2008 $0.150 0.789%
158 Jul 16, 2008 Jul 29, 2008 Aug 15, 2008 $0.150 0.678%
159 Jun 16, 2008 Jun 26, 2008 Jul 15, 2008 $0.150 0.776%
160 May 16, 2008 May 28, 2008 Jun 16, 2008 $0.150 0.638%

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 (44.31%)

Growth potential

Stable (19.93%)

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 5.13%, which is higher than the average of the bottom 25% of dividend payers in the CA market (0.88%). 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 (6.82%), which means that there are more attractive dividend stocks to consider.

FAQ

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

Can dividends from MTL.TO stock be automatically reinvested?
If MTL.TO 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 MTL.TO stock.

How often does MTL.TO pay dividend?
Mullen Group Ltd. (MTL.TO) pays dividends monthly. The most recent payout was on May 15, 2024. The upcoming dividend Ex Date is May 31, 2024, with an amount of $0.0600.

How much does MTL.TO pays per share?
The last recorder (Apr 29, 2024) dividend per share was $0.0600.

What is MTL.TO dividend growth rate?
Over the last year, Mullen Group Ltd. has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 14.47%. Furthermore, examining the past 5 years, Mullen Group Ltd. has maintained an average Dividends Per Share Growth Rate of 3.71%.
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About Mullen Group Ltd.

Mullen Group Ltd. Mullen Group Ltd. provides a range of trucking and logistics services in Canada and the United States. The company operates in four segments: Less-Than-Truckload, Logistics & Warehousing, Specialized & Industrial Services, and U.S. & International Logistics. The Less-Than-Truckload segment delivers general freight consisting of smaller shipments, packages, and parcels; and pharmaceutical and package products. The Logistics & Warehousing segment o... MTL.TO Profile

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