MTN GroupMTNOF 71 Forward Dividend Yield % is 2.24% as of Jun. 27, 2026. GuruFocus rates MTNOF with a GF Score™ of 71/100 and a GF Value™ of $8.78 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 223 Telecommunication Services companies, MTN Group ranks worse than 73.54% on this metric.
As of today (2026-06-27), the Forward Annual Dividend Yield of MTN Group is 2.24%.
As of today (2026-06-27), the Trailing Annual Dividend Yield of MTN Group is 2.24%.
MTNOF's Forward Dividend Yield % is ranked worse than 73.54% of 223
companies
in the Telecommunication Services industry
Industry Median: 4.21
vs MTNOF: 2.24
During the past 12 months, MTN Group's average Dividends Per Share Growth Rate was 4.50% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 4.80% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of MTN Group was 110.20% per year. The lowest was -21.60% per year. And the median was 17.10% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
MTN Group (OTCPK:MTNOF) Forward 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.
MTNOF vs TMUS, VZ, T: Forward Dividend Yield % Comparison
For the Telecom Services subindustry, MTN Group's Forward Dividend Yield %, along with its competitors' market caps and Forward 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.
MTN Group Forward Dividend Yield % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, MTN Group's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where MTN Group's Forward Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
MTN Group Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
ZAR 5.000000
2026-04-08
2026-04-10
2026-04-13
Cash Dividend
annually
ZAR:USD 0.059704
* 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.
MTN Group's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.29852
/
13.40
=
2.23 %
Current Share Price is $13.40. MTN Group's Dividends per Share for the forward twelve months is calculated as $0.29852 * 1 = $0.29852.
MTN Group's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
0.29852
/
13.40
=
2.23 %
Current Share Price is $13.40. MTN Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.29852.
* 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.
What does a Forward Dividend Yield % of 2.24% mean?
MTN Group (MTNOF) has a Forward Dividend Yield % of 2.24% as of Jun. 27, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on MTN Group and its competitors. According to the industry distribution chart, MTN Group ranks #164 out of 223 companies in the Telecommunication Services industry, placing it in the top 73.5%.
Is MTN Group's Forward Dividend Yield % too high?
MTN Group's current Forward Dividend Yield % is 2.24%. The Telecommunication Services industry median Forward Dividend Yield % is 4.21. MTN Group's value of 2.24% is 46.8% below this industry median. Based on the distribution chart, MTN Group ranks #164 out of 223 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, MTN Group has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MTN Group's Forward Dividend Yield % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, MTN Group ranks #164 out of 223 companies for Forward Dividend Yield %. This places MTN Group in the lower half of its industry. The industry median Forward Dividend Yield % is 4.21. MTN Group's value of 2.24% is 46.8% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for a Telecommunication Services company?
The median Forward Dividend Yield % among Telecommunication Services companies is 4.21, based on 223 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MTN Group's current Forward Dividend Yield % of 2.24% is 46.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on MTN Group and its competitors. For the Telecommunication Services industry, the median Forward Dividend Yield % is 4.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MTN Group's current Forward Dividend Yield % is 2.24%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MTN Group stock overvalued right now?
Based on GuruFocus' analysis, MTN Group (MTNOF) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.78, compared to a current price of $13.40 — trading 52.6% above its estimated fair value. The current Forward Dividend Yield % is 2.24% and 46.8% below the Telecommunication Services industry median of 4.21. MTN Group's overall GF Score™ is 71/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For MTN Group (MTNOF), the current Forward Dividend Yield % is 2.24% as of Jun. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is MTN Group (MTNOF) Overvalued in 2026?
Based on GuruFocus' analysis, MTN Group stock appears to be overvalued.
The current stock price of $13.40 is trading 52.6% above its estimated GF Value™ of $8.78.
GuruFocus considers MTN Group to be Significantly Overvalued.
Key valuation signals for MTNOF:
Forward Dividend Yield %: 2.24%
GF Value™: $8.78 vs. price of $13.40 (52.6% above fair value)
Industry Position: 46.8% below the Telecommunication Services median (#164 of 223)
No single metric tells the full story. See the MTNOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MTN Group Ltd is a mobile telecommunications provider. The company also has a joint venture in Iran. From a product perspective, the majority of its revenue is from voice and data. Other contributors include SMS and sale of devices revenue. MTN also provides enterprise services to small/midsize enterprises and corporate clients. The company owns the mobile infrastructure and data centers. Its segments include Network services, Mobile devices, Interconnect and roaming, Digital and fintech and others. It derives maximum revenue from Network Services segment. Geographically, the company operates across South Africa, Nigeria, South and East Africa (SEA), GHASEA, Middle East and North Africa (MENA). The majority of the company's revenue is earned in and Nigeria.
71GF Score
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Forward Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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