MIX Telematics Stock

MIX Telematics Dividend 2024

MIX Telematics Dividend

0.18 ZAR

MIX Telematics Dividend yield

0.02 %

Ticker

MIX.JO

ISIN

ZAE000125316

WKN

A0RA61

How much dividend does MIX Telematics 2024 pay?

According to the latest status from September 2024, MIX Telematics paid a total of 0.18 ZAR per share in dividends within the last 12 months. With the current MIX Telematics price of 1,100 ZAR, this corresponds to a dividend yield of 0.02 %. A dividend is paid times per year.

0.02 % Dividend Yield=
0.18 ZAR Dividend
1,100 ZAR Stock Price

Historical MIX Telematics Dividends

A dividend is paid times per year. Last year, the payout months were March, July, September and December.

PaydateDividend
3/21/20240.05
12/29/20230.05
9/23/20230.05
7/13/20230.05
3/15/20230.04
12/16/20220.04
9/17/20220.04
7/14/20220.04
3/23/20220.04
12/17/20210.04
9/18/20210.04
7/15/20210.04
3/17/20210.04
12/18/20200.04
9/19/20200.04
7/17/20200.04
3/19/20200.04
12/20/20190.04
9/21/20190.04
6/29/20190.04
1
2
3

MIX Telematics dividend history and estimates

In 2023, MIX Telematics paid a dividend amounting to 0.18 ZAR. Dividend means that MIX Telematics distributes a portion of its profits to its owners.
  • 3 years

  • 5 years

  • 10 years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Details

Dividend

Dividend Overview

The dividend per year chart for MIX Telematics provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify MIX Telematics’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating MIX Telematics's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

MIX Telematics Dividend History

DateMIX Telematics Dividend
2026e0.18 undefined
2025e0.18 undefined
2024e0.18 undefined
20230.18 undefined
20220.16 undefined
20210.16 undefined
20200.16 undefined
20190.15 undefined
20180.11 undefined
20170.09 undefined
20160.08 undefined
20150.04 undefined
20130.06 undefined
20120.12 undefined
20110.06 undefined
20100.05 undefined
20090.04 undefined
20080.02 undefined

Is the MIX Telematics Dividend Safe?

MIX Telematics has been increasing the dividend for 2 years.

Over the past 10 years, MIX Telematics has increased it by an annual 11.298 %.

Over a five-year period, the distribution increased by 8.76%.

Analysts expect a Dividend Increase of 1.629% for the current fiscal year.

MIX Telematics dividend payout ratio

In 2023, MIX Telematics had a payout ratio of 55.82%. The payout ratio indicates the percentage of the company's profits that MIX Telematics distributes as dividends.
  • 3 years

  • 5 years

  • 10 years

  • 25 Years

  • Max

Payout ratio
Details

Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for MIX Telematics represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for MIX Telematics could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate MIX Telematics's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

MIX Telematics Payout Ratio History

DateMIX Telematics Payout ratio
2026e56.08 %
2025e58.88 %
2024e53.54 %
202355.82 %
202267.27 %
202137.52 %
202062.67 %
201943.27 %
201836.44 %
201746.82 %
201634.25 %
201521.5 %
201455.82 %
201331.58 %
201275 %
201154.55 %
201050 %
200936.36 %
200812.5 %
200755.82 %
200655.82 %
200555.82 %
200455.82 %

Dividend Details

Understanding MIX Telematics's Dividend Distributions

MIX Telematics’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining MIX Telematics's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

MIX Telematics's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in MIX Telematics’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

MIX Telematics Aktienanalyse

What does MIX Telematics do?

MIX Telematics Ltd is a globally active company specializing in technology and solutions to support fleet and vehicle management for businesses. The company was founded in South Africa in 1996 as Matrix Vehicle Tracking and has become a leading provider of telematics solutions over the years. History MIX Telematics started as a small company with only 13 employees, mainly selling telematics systems to local businesses in South Africa. Over the years, the company expanded its customer base and extended its business to other regions of the world. Today, MIX Telematics has a global presence, with business divisions in Europe, Asia, North and South America, as well as Africa. Business Model MIX Telematics' business model is based on providing innovative technologies and solutions to assist businesses in controlling and optimizing their fleets and overall transport management. This includes GPS tracking and monitoring, fleet management software, driver performance management, fuel consumption monitoring, and accident management. Divisions MIX Telematics offers various divisions to meet the requirements of different industries: - Fleet Management: Fleet management solutions to optimize fleet management processes, such as route planning, fleet tracking, and driver performance management. - Safety: Safety solutions such as camera monitoring systems and accident management solutions to improve driver and vehicle safety, as well as reduce costs and insurance premiums. - Oil and Gas Industry: Specific solutions for use in the oil and gas industry, such as RFID tank monitoring, sensor technology, and specially equipped fleet management systems to increase safety and productivity. - Transportation and Logistics: Solutions specifically designed for the transportation and logistics industry to increase efficiency and reduce operating costs, such as route optimization and freight management systems. Products MIX Telematics offers a wide range of products and services to meet the specific needs of customers: - Fleet Manager: A cloud-based fleet management software that allows customers to monitor and analyze real-time location, fuel consumption, wear, and other telemetry data. - MiX Vision: A video solution that provides a 360-degree view of the vehicle as well as the interior and surroundings to enhance driver and passenger safety. - Speedy Recovery: A specially designed service for quick recovery of stolen vehicles using GPS technology. - MiX SafeDrive: A solution for monitoring driver activities to identify risks and promote safe driving. In summary, MIX Telematics is an established and innovative company that provides its customers with modern and efficient technologies and solutions to increase efficiency and reduce costs in fleet management. It is a company known for constant innovation, high quality, and excellent customer service, offering a wide range of solutions to its customers. MIX Telematics is one of the most popular companies on Eulerpool.com.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Frequently Asked Questions about MIX Telematics stock

How much dividend does MIX Telematics pay?

Over the past 12 months, MIX Telematics paid a dividend of 0.18 ZAR . This corresponds to a dividend yield of about 0.02 %. For the coming 12 months, MIX Telematics is expected to pay a dividend of 0.18 ZAR.

What is the dividend yield of MIX Telematics?

The current dividend yield of MIX Telematics is 0.02 %.

When does MIX Telematics pay dividends?

MIX Telematics pays a quarterly dividend. This is distributed in the months of July, September, December, March.

How secure is the dividend of MIX Telematics?

MIX Telematics paid dividends every year for the past 12 years.

What is the dividend of MIX Telematics?

For the upcoming 12 months, dividends amounting to 0.18 ZAR are expected. This corresponds to a dividend yield of 0.02 %.

In which sector is MIX Telematics located?

MIX Telematics is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von MIX Telematics kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of MIX Telematics from 2/26/2024 amounting to 0.045 ZAR, you needed to have the stock in your portfolio before the ex-date on 2/21/2024.

When did MIX Telematics pay the last dividend?

The last dividend was paid out on 2/26/2024.

What was the dividend of MIX Telematics in the year 2023?

In the year 2023, MIX Telematics distributed 0.16 ZAR as dividends.

In which currency does MIX Telematics pay out the dividend?

The dividends of MIX Telematics are distributed in ZAR.

Andere Kennzahlen von MIX Telematics

Our stock analysis for MIX Telematics Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of MIX Telematics Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.