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Martinrea International (Martinrea International) Dividend Yield % : 1.79% (As of Apr. 25, 2024)


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What is Martinrea International Dividend Yield %?

As of today (2024-04-25), the Trailing Annual Dividend Yield of Martinrea International is 1.79%.

Good Sign:

Martinrea International Inc stock dividend yield is close to 1-year high.

The historical rank and industry rank for Martinrea International's Dividend Yield % or its related term are showing as below:

MRETF' s Dividend Yield % Range Over the Past 10 Years
Min: 0.24   Med: 1.37   Max: 2.97
Current: 1.79

During the past 13 years, the highest Dividend Yield of Martinrea International was 2.97%. The lowest was 0.24%. And the median was 1.37%.

MRETF's Dividend Yield % is ranked worse than
59.53% of 803 companies
in the Vehicles & Parts industry
Industry Median: 2.26 vs MRETF: 1.79

Martinrea International's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.20.

During the past 13 years, the highest Dividend Payout Ratio of Martinrea International was 0.63. The lowest was 0.07. And the median was 0.09.

As of today (2024-04-25), the Forward Dividend Yield % of Martinrea International is 1.75%.

Martinrea International's Dividends per Share for the three months ended in Dec. 2023 was $0.04.

During the past 5 years, the average Dividends Per Share Growth Rate was 3.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Martinrea International was 18.60% per year. The lowest was 3.60% per year. And the median was 10.65% per year.

The growth rate is calculated with least square regression.

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


Martinrea International Dividend Yield % Historical Data

The historical data trend for Martinrea International's Dividend Yield % 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.

Martinrea International Dividend Yield % Chart

Martinrea International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.23 1.28 1.75 1.83 1.37

Martinrea International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % 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 Premium Member Only Premium Member Only Premium Member Only 1.83 1.38 1.48 1.61 1.37

Competitive Comparison of Martinrea International's Dividend Yield %

For the Auto Parts subindustry, Martinrea International's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.


Martinrea International's Dividend Yield % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Martinrea International's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Martinrea International's Dividend Yield % falls into.



Martinrea International Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Martinrea International Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.0502024-03-272024-03-312024-04-15Cash DividendquarterlyCAD:USD 0.738242
CAD 0.0502023-12-282023-12-312024-01-15Cash DividendquarterlyCAD:USD 0.754720
CAD 0.0502023-09-282023-09-302023-10-15Cash DividendquarterlyCAD:USD 0.735808
CAD 0.0502023-06-292023-06-302023-07-15Cash DividendquarterlyCAD:USD 0.755744

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Martinrea International's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.1492257/8.3166
=1.79 %

Current Share Price is $8.3166.
Martinrea International's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.1492257.

Martinrea International's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.1476484/8.3166
=1.78 %

Current Share Price is $8.3166.
Martinrea International's Dividends per Share for the forward twelve months is calculated as $0.0369121 * 4 = $0.1476484.

* 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.


Martinrea International  (OTCPK:MRETF) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Martinrea International Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Martinrea International's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Martinrea International (Martinrea International) Business Description

Traded in Other Exchanges
Address
3210 Langstaff Road, Vaughan, ON, CAN, L4K 5B2
Martinrea International Inc is a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems. Its products are used primarily in the automotive sector by the majority of vehicle manufacturers. Martinrea manufactures aluminum engine blocks, specialized products, suspensions, chassis modules and components, and fluid management systems for fuel, power steering and brake fluids. The company also provides metal forming and welding solutions. The largest end market for Martinrea's products in North America.

Martinrea International (Martinrea International) Headlines