Myer Holdings (ASX:MYR) Dividend Payout Ratio : 0.17 (As of Jan. 2024)

View and export this data going back to 2009. Start your Free Trial

What is Myer Holdings Dividend Payout Ratio?

Myer Holdings's dividend payout ratio for the months ended in Jan. 2024 was 0.17.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Myer Holdings Ltd is 0.91, which seems too high.

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

ASX:MYR' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.24 Med: 0.9 Max: 1.98
Current: 0.91

During the past 13 years, the highest Dividend Payout Ratio of Myer Holdings was 1.98. The lowest was 0.24. And the median was 0.90.

ASX:MYR's Dividend Payout Ratio is ranked worse than
84.89% of 503 companies
in the Retail - Cyclical industry
Industry Median: 0.38 vs ASX:MYR: 0.91

As of today (2024-05-05), the Dividend Yield % of Myer Holdings is 5.56%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Myer Holdings was 16.67%. The lowest was 1.40%. And the median was 8.07%.

Myer Holdings's Dividends per Share for the months ended in Jan. 2024 was A$0.01.

During the past 12 months, Myer Holdings's average Dividends Per Share Growth Rate was 25.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Myer Holdings was 22.00% per year. The lowest was -51.70% per year. And the median was -22.10% per year.

The growth rate is calculated with least square regression.

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

Myer Holdings Dividend Payout Ratio Historical Data

The historical data trend for Myer Holdings'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.

Myer Holdings Dividend Payout Ratio Chart

Myer Holdings Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Dividend Payout Ratio

Get a 7-Day Free Trial

0.25

0.90

Myer Holdings Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	0.75	0.33	-	0.17

Competitive Comparison of Myer Holdings's Dividend Payout Ratio

For the Department Stores subindustry, Myer Holdings'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.

Myer Holdings's Dividend Payout Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Myer Holdings's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Myer Holdings's Dividend Payout Ratio falls into.

Myer Holdings Dividend Payout Ratio Calculation

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

Myer Holdings's Dividend Payout Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jul. 2023 )	/	EPS without NRI (A: Jul. 2023 )
	=	0.065	/	0.072
	=	0.90

Myer Holdings's Dividend Payout Ratio for the quarter that ended in Jan. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jan. 2024 )	/	EPS without NRI (Q: Jan. 2024 )
	=	0.01	/	0.06
	=	0.17

Myer Holdings (ASX:MYR) 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.

Myer Holdings Dividend Payout Ratio Related Terms

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

Myer Holdings (ASX:MYR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Myer Holdings Ltd (ASX:MYR) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

30M:Germany

Address

1000 La Trobe Street, Level 7, Docklands, Melbourne, VIC, AUS, 3008

Website

https://www.myer.com.au

Myer is Australia's largest department store operator, with some 60 stores that are mostly spread across eastern states. Stores are generally located in areas of high foot traffic in major metropolitan shopping centers. Competitive advantages include a well-established brand and scale benefits from a relatively large revenue base. The brand is somewhat iconic among Australian domestic consumers. The group's loyalty programme has more than 4 million active members.

Myer Holdings (ASX:MYR) Headlines

No Headlines