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Meritage Hospitality Group (MHGU) Dividend Yield, Date & History

Meritage Hospitality Group logo
$14.50 +0.04 (+0.24%)
(As of 12/20/2024 05:55 PM ET)

Meritage Hospitality Group Dividend Summary

Dividend Yield
1.38%
Annual Dividend
$0.20
Recent
Dividend Payment
Jul. 1
Dividend Payout Ratio
83.33%

Meritage Hospitality Group (MHGU) pays an annual dividend of $0.20 per share, with a dividend yield of 1.38%. The next payment of $0.06 per share was paid on Monday, July 1, to investors who owned the stock before the ex-dividend date of Friday, June 14. The company currently pays out 83.33% of its earnings and 5.28% of its cash flow as dividends.

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MHGU Dividend Payments by Quarter

The chart below displays up to four years of Meritage Hospitality Group's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

MHGU Dividend Yield Over Time

The chart below tracks Meritage Hospitality Group's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Meritage Hospitality Group vs. The Competition

Compare Meritage Hospitality Group's annual dividend, yield, and 3-year growth rate with averages for Retail and OTCMKTS companies to evaluate its performance against the market.

TypeMeritage Hospitality GroupRetail CompaniesOTCMKTS Companies
Annual Dividend$0.20$0.03$27.34
Dividend Yield1.38%167.12%18.22%

Meritage Hospitality Group Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings83.33%
Based on This Year's Estimate14.29%
Based on Cashflow5.28%

Meritage Hospitality Group Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
6/11/2024$0.06 - 1.37%6/14/20246/17/20247/1/2024
11/7/2023$0.06-$0.03
33.33%
12/14/202312/15/20231/1/2024
8/15/2023$0.09+$0.06
200.00%
9/14/20239/15/202310/1/2023
6/9/2023$0.03-$0.03
50.00%
0.6%6/14/20236/15/20237/1/2023

This table shows Meritage Hospitality Group's dividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Meritage Hospitality Group Dividend - Frequently Asked Questions

The current dividend yield for Meritage Hospitality Group is 1.38%. Learn more on MHGU's dividend yield history.

The annual dividend for MHGU shares is $0.20. Learn more on MHGU's annual dividend history.

Meritage Hospitality Group's most recent dividend payment of $0.06 per share was made to shareholders on Monday, July 1, 2024.

Meritage Hospitality Group's most recent ex-dividend date was Friday, June 14, 2024.

The most recent change in the company's dividend was a decrease of $0.03 on Tuesday, November 7, 2023.

The dividend payout ratio for MHGU is:
  • 83.33% based on the trailing year of earnings
  • 14.29% based on this year's estimates
  • 5.28% based on cash flow

Meritage Hospitality Group's dividend yield of 0.00% is lower than the average Retail/Wholesale company that issues a dividend. Meritage Hospitality Group's dividend payout ratio of 83.33% may not be sustainable.


This page (OTCMKTS:MHGU) was last updated on 12/21/2024 by MarketBeat.com Staff
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