Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Stock Market»Mr Price Group Limited (JSE:MRP) Is About To Go Ex-Dividend, And It Pays A 4.1% Yield
    Stock Market

    Mr Price Group Limited (JSE:MRP) Is About To Go Ex-Dividend, And It Pays A 4.1% Yield

    June 28, 20255 Mins Read


    Mr Price Group Limited (JSE:MRP) stock is about to trade ex-dividend in 3 days. Typically, the ex-dividend date is two business days before the record date, which is the date on which a company determines the shareholders eligible to receive a dividend. The ex-dividend date is important as the process of settlement involves at least two full business days. So if you miss that date, you would not show up on the company’s books on the record date. Thus, you can purchase Mr Price Group’s shares before the 2nd of July in order to receive the dividend, which the company will pay on the 7th of July.

    The company’s next dividend payment will be R05.935 per share, and in the last 12 months, the company paid a total of R8.97 per share. Looking at the last 12 months of distributions, Mr Price Group has a trailing yield of approximately 4.1% on its current stock price of R0219.00. Dividends are an important source of income to many shareholders, but the health of the business is crucial to maintaining those dividends. So we need to investigate whether Mr Price Group can afford its dividend, and if the dividend could grow.

    This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality.

    Dividends are usually paid out of company profits, so if a company pays out more than it earned then its dividend is usually at greater risk of being cut. Mr Price Group is paying out an acceptable 63% of its profit, a common payout level among most companies. That said, even highly profitable companies sometimes might not generate enough cash to pay the dividend, which is why we should always check if the dividend is covered by cash flow. It distributed 29% of its free cash flow as dividends, a comfortable payout level for most companies.

    It’s positive to see that Mr Price Group’s dividend is covered by both profits and cash flow, since this is generally a sign that the dividend is sustainable, and a lower payout ratio usually suggests a greater margin of safety before the dividend gets cut.

    Check out our latest analysis for Mr Price Group

    Click here to see the company’s payout ratio, plus analyst estimates of its future dividends.

    historic-dividend
    JSE:MRP Historic Dividend June 28th 2025

    Businesses with strong growth prospects usually make the best dividend payers, because it’s easier to grow dividends when earnings per share are improving. If earnings decline and the company is forced to cut its dividend, investors could watch the value of their investment go up in smoke. With that in mind, we’re encouraged by the steady growth at Mr Price Group, with earnings per share up 6.1% on average over the last five years. While earnings have been growing at a credible rate, the company is paying out a majority of its earnings to shareholders. If management lifts the payout ratio further, we’d take this as a tacit signal that the company’s growth prospects are slowing.

    Many investors will assess a company’s dividend performance by evaluating how much the dividend payments have changed over time. Mr Price Group has delivered 4.5% dividend growth per year on average over the past 10 years. We’re glad to see dividends rising alongside earnings over a number of years, which may be a sign the company intends to share the growth with shareholders.

    Has Mr Price Group got what it takes to maintain its dividend payments? While earnings per share growth has been modest, Mr Price Group’s dividend payouts are around an average level; without a sharp change in earnings we feel that the dividend is likely somewhat sustainable. Pleasingly the company paid out a conservatively low percentage of its free cash flow. It might be worth researching if the company is reinvesting in growth projects that could grow earnings and dividends in the future, but for now we’re not all that optimistic on its dividend prospects.

    With that in mind, a critical part of thorough stock research is being aware of any risks that stock currently faces. Every company has risks, and we’ve spotted 1 warning sign for Mr Price Group you should know about.

    If you’re in the market for strong dividend payers, we recommend checking our selection of top dividend stocks.

    —

    Investing narratives with Fair Values

    View more featured narratives

    —

    Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

    This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    HDFC Bank, Bajaj Finserv to Cipla: 10 key stocks to trade ex-dividend today

    Stock Market

    Apple bouleverse encore les règles de l’App Store

    Stock Market

    Dow, S&P 500, Nasdaq futures rise ahead of key PCE inflation update

    Stock Market

    Conçue pour la Switch — AGI Technology lance la carte microSD Express TF338 haute vitesse

    Stock Market

    Action Sjöstrand Coffee Int AB | Cours Bourse SPOTLIGHT STOCK MARKET AB

    Stock Market

    ÉNERGIE SOLAIRE – Accord entre Madagascar et une entreprise émiratie

    Stock Market
    Leave A Reply Cancel Reply

    Top Picks
    Commodities

    EU farm chief drafts secret law on food security in last hurrah – POLITICO

    Investments

    Ye’s gutted Tadao Ando home is purchased by a crowd-sourced real estate investment startup | News

    Property

    Safeguarding Property Ownership: The best agreement for landlords – Money News

    Editors Picks

    Les Enfantillages metal d’Aldebert – ici

    March 10, 2025

    Is It Smart To Buy China Metal Products Co., Ltd. (TWSE:1532) Before It Goes Ex-Dividend?

    August 25, 2024

    Gold price backs off record high, but analysts remain bullish

    October 23, 2024

    The Best REIT Stocks to Invest $1,000 in Right Now

    April 26, 2025
    What's Hot

    Wha Utilities And Power affiche un bénéfice trimestriel de 223,8 millions de bahts

    May 9, 2025

    3 Pros and 2 Cons Of Buying Gold To Build Retirement Savings

    May 17, 2025

    9th Circ. Reboots Manipulation Suit Against Binance.US

    August 13, 2024
    Our Picks

    CrowdStrike outage impacts agencies, businesses in Northeast Ohio

    July 19, 2024

    Bybit Expands Global Reach with Credit Card Crypto Purchases in 25+ Currencies and Cashback Rewards

    June 27, 2025

    Bitcoin Reclaims $100,000 Psychological Mark, Up 37% In 1 Month, Why Is Cryptocurrency Rising?

    May 8, 2025
    Weekly Top

    What are property raffles and should you enter one?

    June 27, 2025

    How can your property equity give you lasting financial security?

    June 27, 2025

    Independent cattle producers gather in Deadwood for 2025 R-CALF USA convention

    June 27, 2025
    Editor's Pick

    Télécharger Glary Utilities – Utilitaires

    March 16, 2025

    Bangs and Hammers: Trendy DIY Short-Term Rental Property Investments Blog

    August 23, 2024

    JMJ Fintech ouvre une nouvelle succursale au Kerala, en Inde ; ses actions bondissent de 13 %.

    April 23, 2025
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.