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Martinrea International (MRE) Dividend Yield, Date & History

Martinrea International logo
C$9.06 +0.12 (+1.34%)
(As of 12/24/2024 01:21 PM ET)

Martinrea International Dividend Summary

Dividend Yield
2.21%
Annual Dividend
C$0.20
Recent
Dividend Payment
Oct. 15
Dividend Payout Ratio
11.05%

Martinrea International (MRE) pays an annual dividend of C$0.20 per share, with a dividend yield of 2.21%. The next payment of C$0.05 per share was paid on Tuesday, October 15, to investors who owned the stock before the ex-dividend date of Monday, September 30. The company currently pays out 11.05% of its earnings and 13.57% of its cash flow as dividends.

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MRE Dividend Payments by Quarter

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

MRE Dividend Yield Over Time

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

Martinrea International vs. The Competition

Compare Martinrea International's annual dividend, yield, and 3-year growth rate with averages for Cyclical and TSE companies to evaluate its performance against the market.

TypeMartinrea InternationalCyclical CompaniesTSE Companies
Annual DividendC$0.20C$0.18C$1.07
Dividend Yield2.21%3.80%5.40%

Martinrea International 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 Earnings11.05%
Based on This Year's Estimate8.00%
Based on Cashflow13.57%

Martinrea International Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
8/6/2024Quarterly$0.05 - 1.91%9/30/20249/30/202410/15/2024
5/2/2024Quarterly$0.05 - 1.68%6/28/20246/30/20247/15/2024
2/29/2024Quarterly$0.05 - 1.64%3/27/20243/31/20244/15/2024
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11/8/2023Quarterly$0.05 - 1.67%1/12/20241/15/20241/15/2024
9/28/2023Quarterly$0.05 - 1.52%9/28/202310/15/202310/15/2023
5/4/2023Quarterly$0.05 - 1.64%6/29/20236/30/20237/15/2023
3/30/2023Quarterly$0.05 - 1.33%3/30/20234/15/20234/15/2023
12/29/2022Quarterly$0.05 - 1.63%12/29/20221/15/20231/15/2023

This table shows Martinrea International'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.

Martinrea International Dividend - Frequently Asked Questions

The current dividend yield for Martinrea International is 2.21%. Learn more on MRE's dividend yield history.

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

Martinrea International pays quarterly dividends to shareholders.

Martinrea International's most recent quarterly dividend payment of C$0.05 per share was made to shareholders on Tuesday, October 15, 2024.

Martinrea International's most recent ex-dividend date was Monday, September 30, 2024.

The most recent change in the company's dividend was an increase of C$0.01 on Monday, March 30, 2020.

The dividend payout ratio for MRE is:
  • 11.05% based on the trailing year of earnings
  • 8.00% based on this year's estimates
  • 13.57% based on cash flow

Martinrea International's dividend yield of 1.77% is lower than the average Consumer Cyclical company that issues a dividend. Martinrea International's dividend payout ratio of 11.05% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Martinrea International stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (TSE:MRE) was last updated on 12/25/2024 by MarketBeat.com Staff
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