Mullen Group Ltd. Stock Dividends
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
AI Analysis of MTL.TO
| Dividend Analysis | Generate |
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.
| # | 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
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 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.
