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McGrath (ASX:MEA) Dividend Payout Ratio : 0.25 (As of Dec. 2023)


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What is McGrath Dividend Payout Ratio?

McGrath's dividend payout ratio for the months ended in Dec. 2023 was 0.25.

The historical rank and industry rank for McGrath's Dividend Payout Ratio or its related term are showing as below:

ASX:MEA' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.39   Max: 0.98
Current: 0.3


During the past 8 years, the highest Dividend Payout Ratio of McGrath was 0.98. The lowest was 0.05. And the median was 0.39.

ASX:MEA's Dividend Payout Ratio is ranked better than
67.47% of 707 companies
in the Real Estate industry
Industry Median: 0.43 vs ASX:MEA: 0.30

As of today (2024-05-12), the Dividend Yield % of McGrath is 4.17%.

During the past 8 years, the highest Trailing Annual Dividend Yield of McGrath was 12.86%. The lowest was 0.73%. And the median was 4.65%.

McGrath's Dividends per Share for the months ended in Dec. 2023 was A$0.01.

During the past 8 years, the highest 3-Year average Dividends Per Share Growth Rate of McGrath was -20.60% per year. The lowest was -20.60% per year. And the median was -20.60% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


McGrath Dividend Payout Ratio Historical Data

The historical data trend for McGrath's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

McGrath Dividend Payout Ratio Chart

McGrath Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Dividend Payout Ratio
Get a 7-Day Free Trial - - 0.05 0.29 0.49

McGrath Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.24 0.35 0.91 0.37 0.25

Competitive Comparison of McGrath's Dividend Payout Ratio

For the Real Estate Services subindustry, McGrath's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


McGrath's Dividend Payout Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, McGrath's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where McGrath's Dividend Payout Ratio falls into.



McGrath Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

McGrath's Dividend Payout Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Jun. 2023 )/ EPS without NRI (A: Jun. 2023 )
=0.02/ 0.041
=0.49

McGrath's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.01/ 0.04
=0.25

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


McGrath (ASX:MEA) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


McGrath Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of McGrath's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


McGrath (ASX:MEA) Business Description

Traded in Other Exchanges
N/A
Address
55 Pyrmont Street, Pyrmont, NSW, AUS, 2009
McGrath Ltd is a real estate company. It provides a range of services including residential property sales, property management, mortgage broking, auction services, and career training. It operates in the following segments: Company owned sales; Company owned property management; Franchise services; and Other. Geographically, all the business activities of the group function through Australia. The majority of its revenue gets derived from Company owned sales segment that comprises company-owned sales offices for which McGrath earns sales commission revenue including property marketing fees paid by vendor clients.

McGrath (ASX:MEA) Headlines

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