Mirrabooka Investments (ASX:MIR) Dividend Payout Ratio : 2.71 (As of Dec. 2023)

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What is Mirrabooka Investments Dividend Payout Ratio?

Mirrabooka Investments's dividend payout ratio for the months ended in Dec. 2023 was 2.71.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Mirrabooka Investments Ltd is 1.85, which seems too high.

The historical rank and industry rank for Mirrabooka Investments's Dividend Payout Ratio or its related term are showing as below:

ASX:MIR' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 1.52 Med: 2.02 Max: 2.68
Current: 1.85

During the past 13 years, the highest Dividend Payout Ratio of Mirrabooka Investments was 2.68. The lowest was 1.52. And the median was 2.02.

ASX:MIR's Dividend Payout Ratio is ranked worse than
83.55% of 936 companies
in the Asset Management industry
Industry Median: 0.83 vs ASX:MIR: 1.85

As of today (2024-04-25), the Dividend Yield % of Mirrabooka Investments is 3.14%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Mirrabooka Investments was 6.12%. The lowest was 2.44%. And the median was 3.75%.

Mirrabooka Investments's Dividends per Share for the months ended in Dec. 2023 was A$0.07.

During the past 10 years, the average Dividends Per Share Growth Rate was -1.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Mirrabooka Investments was 22.10% per year. The lowest was -12.60% per year. And the median was 12.30% per year.

The growth rate is calculated with least square regression.

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

Mirrabooka Investments Dividend Payout Ratio Historical Data

The historical data trend for Mirrabooka Investments's Dividend Payout Ratio 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.

Mirrabooka Investments Dividend Payout Ratio Chart

Mirrabooka Investments Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Dividend Payout Ratio

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1.79

2.50

2.56

2.63

1.70

Mirrabooka Investments Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															2.71	2.50	2.17	1.17	2.71

Competitive Comparison of Mirrabooka Investments's Dividend Payout Ratio

For the Asset Management subindustry, Mirrabooka Investments's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Mirrabooka Investments's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mirrabooka Investments's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Mirrabooka Investments's Dividend Payout Ratio falls into.

Mirrabooka Investments Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Mirrabooka Investments's Dividend Payout Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jun. 2023 )	/	EPS without NRI (A: Jun. 2023 )
	=	0.1	/	0.059
	=	1.69

Mirrabooka Investments's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.065	/	0.024
	=	2.71

Mirrabooka Investments (ASX:MIR) Dividend Payout Ratio Explanation

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.

Mirrabooka Investments Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Mirrabooka Investments's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Mirrabooka Investments (ASX:MIR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Mirrabooka Investments Ltd (ASX:MIR) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

101 Collins Street, Level 21, Melbourne, VIC, AUS, 3000

Website

https://www.mirra.com.au

Mirrabooka Investments Ltd is a listed investment company. It is engaged in investing in small and medium-sized companies located in Australia and New Zealand. The company aims to provide medium to long-term investment gains through holding core investments in selected small and medium-sized companies and to provide attractive dividend returns to shareholders from these investments.