Mayne Pharma Group - Stock

Mayne Pharma Group Dividend 2024

Mayne Pharma Group Dividend

0.78 AUD

Mayne Pharma Group Dividend yield

17.37 %

Ticker

MYX.AX

ISIN

AU000000MYX0

WKN

A1C821

How much dividend does Mayne Pharma Group 2024 pay?

According to the latest status from June 2024, Mayne Pharma Group paid a total of 0.78 AUD per share in dividends within the last 12 months. With the current Mayne Pharma Group price of 4.47 AUD, this corresponds to a dividend yield of 17.37 %. A dividend is paid times per year.

17.37 % Dividend Yield=
0.78 AUD Dividend
4.47 AUD Stock Price

Historical Mayne Pharma Group Dividends

A dividend is paid times per year. Last year, the payout months were and February.

PaydateDividend
2/18/20230.78
4/3/20110.01
11/25/20100.03
1

Mayne Pharma Group Stock Dividend

In 2023, Mayne Pharma Group paid a dividend amounting to 0.78 AUD. Dividend means that Mayne Pharma Group distributes a portion of its profits to its owners.
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Dividend

Dividend Overview

The dividend per year chart for Mayne Pharma Group 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 Mayne Pharma Group’s potential for long-term investment and income generation through dividends.

Investment Strategy

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

Mayne Pharma Group Dividend History

DateMayne Pharma Group Dividend
2027e0.86 undefined
2026e0.86 undefined
2025e0.86 undefined
2024e0.86 undefined
20230.78 undefined
20110.01 undefined
20100.02 undefined

Is the Mayne Pharma Group Dividend Safe?

Mayne Pharma Group has been increasing the dividend for 2 years.

Over the past 10 years, Mayne Pharma Group has increased it by an annual 0 %.

Over a five-year period, the distribution increased by 0%.

Analysts expect a Dividend Increase of 5.284% for the current fiscal year.

Mayne Pharma Group Stock Payout Ratio

In 2023, Mayne Pharma Group had a payout ratio of 121.06%. The payout ratio indicates the percentage of the company's profits that Mayne Pharma Group distributes as dividends.
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Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Mayne Pharma Group 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 Mayne Pharma Group 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 Mayne Pharma Group'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.

Mayne Pharma Group Payout Ratio History

DateMayne Pharma Group Payout ratio
2027e121.05 %
2026e121.06 %
2025e121.06 %
2024e121.05 %
2023121.06 %
2022121.06 %
2021121.03 %
2020121.1 %
2019121.05 %
2018120.92 %
2017121.34 %
2016120.88 %
2015120.54 %
2014122.6 %
2013119.51 %
2012119.51 %
2011128.79 %
2010110.23 %
2009119.51 %
2008119.51 %
2007119.51 %
2006119.51 %

Dividend Details

Understanding Mayne Pharma Group's Dividend Distributions

Mayne Pharma Group’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 Mayne Pharma Group'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

Mayne Pharma Group'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 Mayne Pharma Group’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.

Mayne Pharma Group Aktienanalyse

What does Mayne Pharma Group do?

Mayne Pharma Group Ltd. is a leading company in the field of pharmaceutical development and production with manufacturing facilities in Australia and the USA. The company is headquartered in Sydney, Australia and employs over 1,100 employees worldwide. The history of Mayne Pharma dates back to 1845 when the company was founded as a manufacturer of herbal medicine. Over the years, the company has evolved and focused on the pharmaceutical industry, eventually being renamed Mayne Nickless Ltd in 1981. In 2000, the company established its subsidiary Mayne Pharma, specializing in the development and production of generic drugs. Through the acquisition of other companies, Mayne Pharma has expanded its product range and expanded into the USA in 2007. Mayne Pharma focuses on the production of generics and specialty pharmaceuticals, which are marketed worldwide through a variety of distribution channels. The company invests heavily in research and development to develop new products and improve existing ones. The goal is to continuously expand the offering and increase market presence. Through the expansion of the product portfolio and the exploration of new markets, Mayne Pharma has gained a strong position in the pharmaceutical industry in recent years. Mayne Pharma is divided into three divisions: generics, specialty pharmaceuticals, and beauty products. The generics division includes a wide range of prescription generic drugs marketed in the USA, Australia, Canada, and other countries. The company is able to produce cost-effective medications to provide affordable drugs to patients worldwide. The specialty pharmaceuticals division focuses on medications for the treatment of diseases such as cancer, pain, and cardiovascular diseases. Mayne Pharma aims to improve treatment outcomes for patients in these areas and has a promising product development pipeline that includes many innovative therapy options. The beauty products division offers a wide range of high-quality skincare products sold worldwide. This includes skin creams, lip care products, and sunscreens. This division is growing steadily and offers great potential, as it operates not only in the healthcare sector but also in the beauty market. Mayne Pharma has a wide range of products, ranging from medications for everyday ailments to life-saving specialty preparations. Key products include: - Doryx: An oral antibiotic therapy for the treatment of mild to moderate acne. - Lonsurf: A cancer-fighting medication that extends the survival time of advanced colorectal cancer patients. - Kapanol: A long-acting opioid for pain relief in patients with severe pain. - Tolsura: An easy-to-use medication for the treatment of fungal infections, particularly suitable for patients who have difficulty swallowing tablets. - Zenavod: A topical medication for the treatment of vaginal infections. - Golden Glow Sunscreen: A high-quality sunscreen with SPF 50+ that prevents skin irritation and sunburn. In conclusion, Mayne Pharma is a proven and innovative company that focuses on the development and production of generics and specialty pharmaceuticals. With its extensive product range and business activities in key international markets, Mayne Pharma has an outstanding reputation in the pharmaceutical industry. Mayne Pharma Group is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Mayne Pharma Group Stock

How much dividend does Mayne Pharma Group pay?

Over the past 12 months, Mayne Pharma Group paid a dividend of 0.78 AUD . This corresponds to a dividend yield of about 17.37 %. For the coming 12 months, Mayne Pharma Group is expected to pay a dividend of 0.86 AUD.

What is the dividend yield of Mayne Pharma Group?

The current dividend yield of Mayne Pharma Group is 17.37 %.

When does Mayne Pharma Group pay dividends?

Mayne Pharma Group pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Mayne Pharma Group?

Mayne Pharma Group paid dividends every year for the past 1 years.

What is the dividend of Mayne Pharma Group?

For the upcoming 12 months, dividends amounting to 0.86 AUD are expected. This corresponds to a dividend yield of 19.26 %.

In which sector is Mayne Pharma Group located?

Mayne Pharma Group is assigned to the 'Health' sector.

Wann musste ich die Aktien von Mayne Pharma Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Mayne Pharma Group from 1/27/2023 amounting to 0.777 AUD, you needed to have the stock in your portfolio before the ex-date on 1/18/2023.

When did Mayne Pharma Group pay the last dividend?

The last dividend was paid out on 1/27/2023.

What was the dividend of Mayne Pharma Group in the year 2023?

In the year 2023, Mayne Pharma Group distributed 0 AUD as dividends.

In which currency does Mayne Pharma Group pay out the dividend?

The dividends of Mayne Pharma Group are distributed in AUD.

Andere Kennzahlen von Mayne Pharma Group

Our stock analysis for Mayne Pharma Group 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 Mayne Pharma Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.