Mullen Group Ltd. Stock Dividends
MTL.TO pays dividends monthly. Last paid amount was $0.0600 at May 15, 2024. As of today, dividend yield (TTM) is 3.79%.
Dividend Yield Range
AI Analysis of MTL.TO
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 3.79% |
|---|---|
| Frequency | Monthly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | $0.0600 |
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Mullen Group Ltd. has not yet announced its next dividend date. Last payment date was: May 15, 2024.
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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 | |
|---|---|---|---|---|---|
| 21 | Aug 22, 2022 | Aug 30, 2022 | Sep 15, 2022 | $0.0600 | 0.379% |
| 22 | Jul 28, 2022 | Jul 28, 2022 | Aug 15, 2022 | $0.0600 | 0.402% |
| 23 | Jun 22, 2022 | Jun 29, 2022 | Jul 15, 2022 | $0.0600 | 0.536% |
| 24 | May 03, 2022 | May 30, 2022 | Jun 15, 2022 | $0.0600 | 0.500% |
| 25 | Apr 19, 2022 | Apr 28, 2022 | May 16, 2022 | $0.0500 | 0.390% |
| 26 | Mar 23, 2022 | Mar 30, 2022 | Apr 18, 2022 | $0.0500 | 0.393% |
| 27 | Feb 18, 2022 | Feb 25, 2022 | Mar 15, 2022 | $0.0500 | 0.412% |
| 28 | Jan 28, 2022 | Jan 28, 2022 | Jan 28, 2022 | $0.0500 | 0.437% |
| 29 | Dec 30, 2021 | Dec 30, 2021 | Jan 17, 2022 | $0.0400 | 0.338% |
| 30 | Nov 22, 2021 | Nov 29, 2021 | Dec 15, 2021 | $0.0400 | 0.355% |
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 3.79%, which is higher than the average of the bottom 25% of dividend payers in the CA market (0.632%). 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 (5.68%), which means that there are more attractive dividend stocks to consider.
