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Mexco Energy Corp Stock Dividends Overview

MXC pays dividends yearly. Last paid amount was $0.100 at May 15, 2023. As of today, dividend yield (TTM) is 0.93%.

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) 0.93%
Frequency Yearly
1Y Growth 0%
Payout Ratio 0
Amount Per Share $0.100
Mexco Energy Corp has not yet announced its next dividend date. Last payment date was: May 15, 2023.

MXC Dividend Payout History

To ensure a understanding of MXC'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
1 Apr 10, 2023 Apr 28, 2023 May 15, 2023 $0.100 0.93%

Dividend Sustainability

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Sustainability score

Good (73.81%)

Growth potential

Decrease likely (52.22%)

MXC Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from MXC 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 MXC stock here.

Comparing MXC to Sector and Country

MXC pays a solid dividend yield of 0.93%, which is lower than the average of the bottom 25% of dividend payers in the US market (1.36%). MXC’s dividend yield is lower than the average of the top 25% of dividend payers in the Energy sector in the US market (12.20%), which means that there are more attractive dividend stocks to consider.

FAQ

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

Can dividends from MXC stock be automatically reinvested?
If MXC 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 MXC stock.

How often does MXC pay dividend?
Mexco Energy Corp (MXC) pays dividends yearly. The most recent payout was on May 15, 2023.

How much does MXC pays per share?
The last recorder (Apr 28, 2023) dividend per share was $0.100.

What is MXC dividend growth rate?
Over the last year, Mexco Energy Corp has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 0%. Furthermore, examining the past 5 years, Mexco Energy Corp has maintained an average Dividends Per Share Growth Rate of 0%.
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About Mexco Energy Corp

Mexco Energy Corporation, an independent oil and gas company, engages in the acquisition, exploration, development, and production of natural gas, crude oil, condensate, and natural gas liquids in the United States. It owns partial interests in approximately 6,300 gross producing wells located in the states of Texas, New Mexico, Oklahoma, Louisiana, Alabama, Mississippi, Arkansas, Wyoming, Kansas, Colorado, Montana, Virginia, North Dakota, and Oh... MXC Profile

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