Marks and Spencer Group plc (MAKSF) Dividends
Market Cap: $10.10B
Avg Volume: 2.78K
Industry: Department Stores
Sector: Consumer Cyclical
Dividend Overview
Marks and Spencer Group plc (MAKSF) pays a semi-annual dividend to its shareholders. The current dividend yield is 0.83%, which means that for every $100 invested at the current price, investors would receive approximately $0.83 in dividends per year (this can change based on future dividend payments and price movements).
About MAKSF's Dividend
Marks and Spencer Group plc pays a semi-annual dividend. The total annual dividend is approximately $0.04 per share, meaning for each share you own, you'll receive about $0.04 in dividends over the course of a year.
The most recent ex-dividend date was November 28, 2024. If you purchase the stock before its ex-dividend date, you'll be eligible for the upcoming dividend payment.
Marks and Spencer Group plc's payout ratio is 0.05% which means that 0.05% of the company's earnings are paid out as dividends. A low payout ratio indicates that the company has a strong financial position and can invest in growth opportunities, while maintaining room to increase dividends in the future.
MAKSF Dividend History
| Dividend | Yield | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.012684 | 0.83% | November 28, 2024 | November 29, 2024 | January 10, 2025 | |
| $0.025466 | 0.66% | May 30, 2024 | May 31, 2024 | July 05, 2024 | |
| $0.012412 | 0.37% | November 16, 2023 | November 17, 2023 | January 12, 2024 | |
| $0.05014426 | 6.23% | November 14, 2019 | November 15, 2019 | January 10, 2020 | |
| $0.08940321 | 5.99% | May 30, 2019 | May 31, 2019 | July 12, 2019 | |
| $0.0869 | 6.31% | November 15, 2018 | November 16, 2018 | January 11, 2019 | |
| $0.1583 | 6.12% | May 31, 2018 | June 01, 2018 | July 13, 2018 | |
| $0.0897 | 6.02% | November 16, 2017 | November 17, 2017 | January 12, 2018 | |
| $0.1599 | 4.65% | June 01, 2017 | June 02, 2017 | July 14, 2017 | |
| $0.0888 | 7.82% | November 17, 2016 | |||
| $0.2487 | 6.78% | June 02, 2016 | |||
| $0.1202 | 3.90% | November 12, 2015 | |||
| $0.2069 | 3.42% | May 28, 2015 | |||
| $0.117 | 1.52% | November 13, 2014 | |||
| $0.2111 | 2.74% | May 28, 2014 |
Dividend Safety
Dividend safety refers to the ability of a company to continue paying its dividends to shareholders without interruption or reduction. A company with a high level of dividend safety is generally considered to have a strong financial position, with a consistent history of paying dividends and a low risk of default.
Key Safety Indicators for MAKSF
- Dividend Payout Ratio: 0.05% Low risk
- Dividend & Capex Coverage Ratio: 2.90x Strong coverage
- Dividend Frequency: Semi-Annual
What These Indicators Mean
A low payout ratio (typically less than 60%) indicates that a company has enough earnings to pay dividends and retain earnings to reinvest in the business. Marks and Spencer Group plc's payout ratio is 0.05% , which is very conservative and suggests strong dividend sustainability.
The Dividend & Capex Coverage Ratio of 2.90x indicates how well the company can cover both its dividend payments and capital expenditures from operating cash flows. This strong ratio above 1.5x indicates Marks and Spencer Group plc can comfortably cover its dividends and necessary investments from its operating cash flow.
Marks and Spencer Group plc's semi-annual dividend structure provides the company with increased financial flexibility compared to more frequent payments, while still delivering regular income to investors.
It is worth noting that dividend safety can change over time based on a company's financial performance, industry conditions, and management decisions. Regular monitoring of these metrics is recommended for dividend-focused investors.