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 |
|
Mullen Group Ltd. has not yet announced its next dividend date. Last payment date was: 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 | |
|---|---|---|---|---|---|
| 51 | Dec 19, 2019 | Dec 30, 2019 | Jan 15, 2020 | $0.0500 | 0.522% |
| 52 | Nov 20, 2019 | Nov 28, 2019 | Dec 16, 2019 | $0.0500 | 0.579% |
| 53 | Oct 22, 2019 | Oct 30, 2019 | Nov 15, 2019 | $0.0500 | 0.586% |
| 54 | Sep 20, 2019 | Sep 27, 2019 | Oct 15, 2019 | $0.0500 | 0.645% |
| 55 | Aug 21, 2019 | Aug 29, 2019 | Sep 16, 2019 | $0.0500 | 0.524% |
| 56 | Jul 22, 2019 | Jul 30, 2019 | Aug 15, 2019 | $0.0500 | 0.566% |
| 57 | Jun 20, 2019 | Jun 27, 2019 | Jul 15, 2019 | $0.0500 | 0.533% |
| 58 | May 22, 2019 | May 30, 2019 | Jun 17, 2019 | $0.0500 | 0.526% |
| 59 | Apr 22, 2019 | Apr 29, 2019 | May 15, 2019 | $0.0500 | 0.492% |
| 60 | Mar 20, 2019 | Mar 28, 2019 | Apr 15, 2019 | $0.0500 | 0.414% |
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.
