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M&G Creditome Investment Trust (LSE:MGCI) Dividend Payout Ratio : 0.98 (As of Jun. 2024)


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What is M&G Creditome Investment Trust Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. M&G Creditome Investment Trust's Dividend Payout Ratio for the months ended in Jun. 2024 was 0.98.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of M&G Credit Income Investment Trust PLC is 0.81, which seems too high.

The historical rank and industry rank for M&G Creditome Investment Trust's Dividend Payout Ratio or its related term are showing as below:

LSE:MGCI' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.81   Med: 0.95   Max: 1
Current: 0.81


During the past 5 years, the highest Dividend Payout Ratio of M&G Creditome Investment Trust was 1.00. The lowest was 0.81. And the median was 0.95.

LSE:MGCI's Dividend Payout Ratio is ranked worse than
62.43% of 1030 companies
in the Asset Management industry
Industry Median: 0.58 vs LSE:MGCI: 0.81

As of today (2025-03-31), the Dividend Yield % of M&G Creditome Investment Trust is 8.81%.

During the past 5 years, the highest Trailing Annual Dividend Yield of M&G Creditome Investment Trust was 9.22%. The lowest was 4.00%. And the median was 4.94%.

M&G Creditome Investment Trust's Dividends per Share for the months ended in Jun. 2024 was £0.04.

During the past 12 months, M&G Creditome Investment Trust's average Dividends Per Share Growth Rate was 33.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 27.50% per year.

During the past 5 years, the highest 3-Year average Dividends Per Share Growth Rate of M&G Creditome Investment Trust was 27.50% per year. The lowest was 27.50% per year. And the median was 27.50% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


M&G Creditome Investment Trust Dividend Payout Ratio Historical Data

The historical data trend for M&G Creditome Investment Trust'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.

M&G Creditome Investment Trust Dividend Payout Ratio Chart

M&G Creditome Investment Trust Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
- 0.95 1.00 - 0.88

M&G Creditome Investment Trust Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only - 1.31 1.24 0.68 0.98

Competitive Comparison of M&G Creditome Investment Trust's Dividend Payout Ratio

For the Asset Management subindustry, M&G Creditome Investment Trust'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.


M&G Creditome Investment Trust's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, M&G Creditome Investment Trust's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where M&G Creditome Investment Trust's Dividend Payout Ratio falls into.


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M&G Creditome Investment Trust Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

M&G Creditome Investment Trust's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=0.083/ 0.094
=0.88

M&G Creditome Investment Trust's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2024 )/ EPS without NRI (Q: Jun. 2024 )
=0.043/ 0.044
=0.98

* 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.


M&G Creditome Investment Trust (LSE:MGCI) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.


M&G Creditome Investment Trust Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of M&G Creditome Investment Trust's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


M&G Creditome Investment Trust Business Description

Traded in Other Exchanges
N/A
Address
65 Gresham Street, 6th Floor, London, GBR, EC2V 7NQ
M&G Credit Income Investment Trust PLC is an UK based asset management company. The principal activity of the group is to invest in a diversified portfolio of public and private Debt Instruments, with a view to achieving the company's investment objective. Its investment objective is to generate a regular and attractive level of income with low asset value volatility.

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