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Myer Holdings Limited Stock Dividends Overview

MYR.AX pays dividends biannually. Last paid amount was $0.0300 at May 16, 2024. As of today, dividend yield (TTM) is 4.30%.

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) 4.30%
Frequency Biannually
1Y Growth 0%
Payout Ratio 0
Amount Per Share $0.0300
Myer Holdings Limited has not yet announced its next dividend date. Last payment date was: May 16, 2024.

MYR Dividend Payout History

To ensure a understanding of MYR'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 Mar 27, 2024 Mar 27, 2024 May 16, 2024 $0.0300 4.32%
2 Mar 22, 2023 Mar 22, 2023 Mar 22, 2023 $0.0400 4.35%
3 Sep 28, 2022 Sep 28, 2022 Sep 28, 2022 $0.0250 4.55%
4 Mar 23, 2022 Mar 23, 2022 Mar 23, 2022 $0.0150 3.00%
5 Sep 14, 2017 Sep 27, 2017 Nov 09, 2017 $0.0200 2.86%
6 Mar 16, 2017 Mar 24, 2017 May 04, 2017 $0.0300 2.68%
7 Sep 15, 2016 Sep 28, 2016 Nov 10, 2016 $0.0300 2.75%
8 Mar 17, 2016 Mar 24, 2016 May 05, 2016 $0.0200 1.90%
9 Mar 19, 2015 Mar 26, 2015 May 07, 2015 $0.0655 5.16%
10 Sep 11, 2014 Sep 25, 2014 Nov 13, 2014 $0.0515 3.08%

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 (5.47%)

Growth potential

Stable (15.15%)

MYR Dividend Calculator

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

Comparing MYR to Sector and Country

MYR.AX pays a solid dividend yield of 4.30%, which is higher than the average of the bottom 25% of dividend payers in the AU market (0.82%). MYR.AX’s dividend yield is lower than the average of the top 25% of dividend payers in the Consumer Cyclical sector in the AU market (4.64%), which means that there are more attractive dividend stocks to consider.

FAQ

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

Can dividends from MYR.AX stock be automatically reinvested?
If MYR.AX 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 MYR.AX stock.

How often does MYR.AX pay dividend?
Myer Holdings Limited (MYR.AX) pays dividends biannually. The most recent payout was on May 16, 2024.

How much does MYR.AX pays per share?
The last recorder (Mar 27, 2024) dividend per share was $0.0300.

What is MYR.AX dividend growth rate?
Over the last year, Myer Holdings Limited has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 25.99%. Furthermore, examining the past 5 years, Myer Holdings Limited has maintained an average Dividends Per Share Growth Rate of 14.87%.
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About Myer Holdings Limited

Myer Holdings Limited Myer Holdings Limited, together with its subsidiaries, operates department stores in Australia. It offers womenswear, menswear, childrenswear, homewares, beauty products, electrical goods, toys, gift products, and general merchandise. The company operates 59 stores under the Myer brand name. It is also involved in online retailing business under the sass & bide, and Marcs and David Lawrence brand names. In addition, the company provides customer ... MYR.AX Profile

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