Mullen Group Stock

Mullen Group Dividend 2024

Mullen Group Dividend

0.72 CAD

Mullen Group Dividend yield

4.59 %

Ticker

MTL.TO

ISIN

CA6252841045

WKN

A0X8HE

How much dividend does Mullen Group 2024 pay?

According to the latest status from November 2024, Mullen Group paid a total of 0.72 CAD per share in dividends within the last 12 months. With the current Mullen Group price of 15.67 CAD, this corresponds to a dividend yield of 4.59 %. A dividend is paid times per year.

4.59 % Dividend Yield=
0.72 CAD Dividend
15.67 CAD Stock Price

Historical Mullen Group Dividends

A dividend is paid times per year. Last year, the payout months were January, March, March, April, May, June, July, August, September, October, November and December.

PaydateDividend
12/1/20240.07
10/30/20240.05
10/27/20240.07
9/30/20240.07
8/31/20240.06
7/28/20240.06
7/1/20240.06
5/29/20240.06
4/27/20240.06
3/28/20240.06
3/1/20240.06
1/28/20240.06
12/29/20230.06
11/30/20230.06
10/28/20230.06
9/30/20230.06
8/28/20230.06
7/29/20230.06
6/30/20230.06
5/27/20230.06
1
2
3
4
5
...
11

Mullen Group dividend history and estimates

In 2023, Mullen Group paid a dividend amounting to 0.72 CAD. Dividend means that Mullen Group distributes a portion of its profits to its owners.
  • 3 years

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Dividend
Dividend (Estimate)
Details

Dividend

Dividend Overview

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

Investment Strategy

Incorporate the dividend data in evaluating Mullen 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.

Mullen Group Dividend History

DateMullen Group Dividend
2028e0.78 undefined
2027e0.78 undefined
2026e0.78 undefined
2025e0.78 undefined
2024e0.77 undefined
20230.72 undefined
20220.68 undefined
20210.48 undefined
20200.33 undefined
20190.6 undefined
20180.6 undefined
20170.36 undefined
20160.56 undefined
20151.2 undefined
20141.2 undefined
20131.2 undefined
20121 undefined
20111 undefined
20100.5 undefined
20090.48 undefined
20081.8 undefined
20071.8 undefined
20061.8 undefined
20050.81 undefined
20040.17 undefined

Is the Mullen Group Dividend Safe?

Mullen Group has been increasing the dividend for 3 years.

Over the past 10 years, Mullen Group has increased it by an annual -4.98 %.

Over a five-year period, the distribution increased by 3.714%.

Analysts expect a Dividend Increase of 3.707% for the current fiscal year.

Mullen Group dividend payout ratio

In 2023, Mullen Group had a payout ratio of 53.14%. The payout ratio indicates the percentage of the company's profits that Mullen Group distributes as dividends.
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Payout ratio
Details

Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Mullen 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 Mullen 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 Mullen 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.

Mullen Group Payout Ratio History

DateMullen Group Payout ratio
2028e51.61 %
2027e52.12 %
2026e52.38 %
2025e50.32 %
2024e53.67 %
202353.14 %
202244.16 %
202163.7 %
202051.56 %
201986.96 %
2018-142.86 %
201757.14 %
2016107.69 %
2015800 %
2014117.65 %
201377.92 %
201270.42 %
201175.76 %
201057.47 %
200946.57 %
2008128.57 %
2007-124.14 %
200696.77 %
200553.64 %
200416.34 %

Dividend Details

Understanding Mullen Group's Dividend Distributions

Mullen 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 Mullen 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

Mullen 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 Mullen 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.

Mullen Group Aktienanalyse

What does Mullen Group do?

The Mullen Group Ltd is a company based in Okotoks, Alberta, Canada. It was founded in 1949 and initially started as a transportation company, which later passed into the ownership of the Mullen family in the 1980s. Since then, the company has continuously developed and is now a leading provider of transportation and logistics services in Canada. The business model of the Mullen Group focuses on offering a wide range of transportation and logistics services to its customers. The company specializes in various areas and always aims to provide high quality and reliability to its customers. The company is divided into different divisions, including Mullen Transportation, which offers a wide range of transportation services. This includes national trucking, food transportation, oil and gas transportation, as well as intermodal transportation. Mullen International provides transportation services to the United States and Mexico. Additionally, the Mullen Group is involved in the oil and gas industry and operates its own fleet of tankers, salvage services, and other related services. The company also offers logistics services, including storage, picking, labeling, and delivery, in order to provide flexible solutions to its customers. Another important division of the Mullen Group is Mullen Capital, which manages the company's portfolio and invests in various projects to support future growth. In the past, the Mullen Group has constantly expanded its wide range of products and services to solidify its market position and serve its customers. This includes customized logistics systems, specialized transportation services, and equipping vehicles with the latest technology. Customer satisfaction, operational efficiency, and sustainability are important goals pursued by the Mullen Group. Therefore, the company and its employees are always striving to ensure high quality and reliability, maintain customer relationships through top-notch service, and promote sustainability through environmentally friendly and efficient practices. Overall, the Mullen Group Ltd has become an important player in the Canadian transportation and logistics industry, excelling through its wide range of services and products, as well as its dedicated commitment to customer service and sustainability. Mullen Group is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Mullen Group stock

How much dividend does Mullen Group pay?

Over the past 12 months, Mullen Group paid a dividend of 0.72 CAD . This corresponds to a dividend yield of about 4.59 %. For the coming 12 months, Mullen Group is expected to pay a dividend of 0.78 CAD.

What is the dividend yield of Mullen Group?

The current dividend yield of Mullen Group is 4.59 %.

When does Mullen Group pay dividends?

Mullen Group pays a quarterly dividend. This is distributed in the months of September, October, October, November.

How secure is the dividend of Mullen Group?

Mullen Group paid dividends every year for the past 0 years.

What is the dividend of Mullen Group?

For the upcoming 12 months, dividends amounting to 0.78 CAD are expected. This corresponds to a dividend yield of 4.97 %.

In which sector is Mullen Group located?

Mullen Group is assigned to the 'Industry' sector.

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

To receive the latest dividend of Mullen Group from 11/15/2024 amounting to 0.07 CAD, you needed to have the stock in your portfolio before the ex-date on 10/31/2024.

When did Mullen Group pay the last dividend?

The last dividend was paid out on 11/15/2024.

What was the dividend of Mullen Group in the year 2023?

In the year 2023, Mullen Group distributed 0.68 CAD as dividends.

In which currency does Mullen Group pay out the dividend?

The dividends of Mullen Group are distributed in CAD.

Andere Kennzahlen von Mullen Group

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