Miquel y Costas & Miquel (MEX:MCMN) Dividend Payout Ratio: 0.67 (As of Dec. 2025) — 76% Above Median

What is Miquel y Costas & Miquel Dividend Payout Ratio?

Miquel y Costas & Miquel MEX:MCMN 71 Dividend Payout Ratio is 0.67 as of Dec. 2025, which is 76% above its 10-year median of 0.38. GuruFocus rates MEX:MCMN with a GF Score™ of 71/100 and a GF Value™ of MXN272.89. The stock has 6 warning signs investors should review. Among 116 Forest Products companies, Miquel y Costas & Miquel ranks better than 50% on this metric.

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. Miquel y Costas & Miquel's Dividend Payout Ratio for the months ended in Dec. 2025 was 0.67.

The historical rank and industry rank for Miquel y Costas & Miquel's Dividend Payout Ratio or its related term are showing as below:

MEX:MCMN' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.3 Med: 0.38 Max: 0.51
Current: 0.41

During the past 13 years, the highest Dividend Payout Ratio of Miquel y Costas & Miquel was 0.51. The lowest was 0.30. And the median was 0.38.

MEX:MCMN's Dividend Payout Ratio is ranked better than
50% of 116 companies
in the Forest Products industry
Industry Median: 0.415 vs MEX:MCMN: 0.41

As of today (2026-06-28), the Dividend Yield % of Miquel y Costas & Miquel is 3.61%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Miquel y Costas & Miquel was 5.35%. The lowest was 1.51%. And the median was 3.27%.

Miquel y Costas & Miquel's Dividends per Share for the months ended in Dec. 2025 was MXN7.80.

During the past 12 months, Miquel y Costas & Miquel's average Dividends Per Share Growth Rate was 4.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 5.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Miquel y Costas & Miquel was 23.80% per year. The lowest was -9.60% per year. And the median was 2.90% 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.

Miquel y Costas & Miquel (MEX:MCMN) 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.

Miquel y Costas & Miquel Dividend Payout Ratio Related Terms

Miquel y Costas & Miquel Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Miquel y Costas & Miquel'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.

Miquel y Costas & Miquel Dividend Payout Ratio Chart

Miquel y Costas & Miquel Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Dividend Payout Ratio

Get a 7-Day Free Trial

0.44

0.51

0.40

0.37

0.41

Miquel y Costas & Miquel Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24	Jun25	Dec25
Dividend Payout Ratio	Get a 7-Day Free Trial															0.69	0.17	0.61	0.19	0.67

Miquel y Costas & Miquel Dividend Payout Ratio Competitor Comparison

For the Paper & Paper Products subindustry, Miquel y Costas & Miquel'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.

Miquel y Costas & Miquel Dividend Payout Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Miquel y Costas & Miquel's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Miquel y Costas & Miquel's Dividend Payout Ratio falls into.

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71GF Score

Miquel y Costas & Miquel SA MEX:MCMN

Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

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Miquel y Costas & Miquel Dividend Payout Ratio Calculation

Miquel y Costas & Miquel's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2025 )	/	EPS without NRI (A: Dec. 2025 )
	=	10.309	/	25.081
	=	0.41

Miquel y Costas & Miquel's Dividend Payout Ratio for the quarter that ended in Dec. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2025 )	/	EPS without NRI (Q: Dec. 2025 )
	=	7.803	/	11.596
	=	0.67

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.67 mean?

Miquel y Costas & Miquel (MEX:MCMN) has a Dividend Payout Ratio of 0.67 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Miquel y Costas & Miquel and its competitors. This is 76% above median its historical median of 0.38. Over the past decade, Miquel y Costas & Miquel's Dividend Payout Ratio has ranged from 0.30 to 0.51. According to the industry distribution chart, Miquel y Costas & Miquel ranks #58 out of 116 companies in the Forest Products industry, placing it in the top 50%.

Is Miquel y Costas & Miquel's Dividend Payout Ratio too high?

Miquel y Costas & Miquel's current Dividend Payout Ratio of 0.67 is 76% above median its 10-year median of 0.38. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 0.51. The Forest Products industry median Dividend Payout Ratio is 0.42. Miquel y Costas & Miquel's value of 0.67 is 61.4% above this industry median. Based on the distribution chart, Miquel y Costas & Miquel ranks #58 out of 116 companies in the Forest Products industry, which is above the industry midpoint. Overall, Miquel y Costas & Miquel has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.

How does Miquel y Costas & Miquel's Dividend Payout Ratio compare to competitors?

According to the Forest Products industry distribution chart, Miquel y Costas & Miquel ranks #58 out of 116 companies for Dividend Payout Ratio. This puts Miquel y Costas & Miquel in the upper half of its industry. The industry median Dividend Payout Ratio is 0.42. Miquel y Costas & Miquel's value of 0.67 is 61.4% above this benchmark. Historically, Miquel y Costas & Miquel's own Dividend Payout Ratio has ranged from 0.30 to 0.51 over the past decade. While the company's 10-year median is 0.38 vs. the industry median of 0.42, Miquel y Costas & Miquel has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Dividend Payout Ratio for a Forest Products company?

The median Dividend Payout Ratio among Forest Products companies is 0.42, based on 116 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Miquel y Costas & Miquel's current Dividend Payout Ratio of 0.67 is 61.4% above 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 Dividend Payout Ratio mean?

A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Miquel y Costas & Miquel and its competitors. For the Forest Products industry, the median Dividend Payout Ratio is 0.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Miquel y Costas & Miquel's current Dividend Payout Ratio is 0.67, which is 76% above median its own 10-year median of 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Miquel y Costas & Miquel stock overvalued right now?

Miquel y Costas & Miquel (MEX:MCMN) has a current Dividend Payout Ratio of 0.67. The stock's GF Value™ is MXN272.89, compared to a current price of MXN289.49 — trading 6.1% above its estimated fair value. The current Dividend Payout Ratio is 0.67, which is 76% above median its 10-year median of 0.38 and 61.4% above the Forest Products industry median of 0.42. Miquel y Costas & Miquel's overall GF Score™ is 71/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Dividend Payout Ratio calculated?

Dividend Payout Ratio is calculated from a company's financial statements. For Miquel y Costas & Miquel (MEX:MCMN), the current Dividend Payout Ratio is 0.67 as of Dec. 2025. 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 Miquel y Costas & Miquel (MEX:MCMN) Overvalued in 2026?

Based on GuruFocus' analysis, Miquel y Costas & Miquel stock appears to be overvalued. The current stock price of MXN289.49 is trading 6.1% above its estimated GF Value™ of MXN272.89.

Key valuation signals for MEX:MCMN:

Dividend Payout Ratio: 0.67 (76% above median its 10-year median of 0.38)
GF Value™: MXN272.89 vs. price of MXN289.49 (6.1% above fair value)
GF Score™: 71/100 with 6 warning signs
Industry Position: 61.4% above the Forest Products median (#58 of 116)

No single metric tells the full story. See the MEX:MCMN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Miquel y Costas & Miquel Business Description

Industry Basic Materials Forest Products

Comparable Companies XMAD:ENC XMAD:IBG OHEL:UPM BSP:SUZB3 OSTO:SCA A SZSE:002078 OSTO:HOLM A LSE:MNDI TSE:3861 BSP:KLBN3 HKSE:02689 XSGO:CMPC XLIS:NVG SHSE:603733 BUE:CELU ISX:INKP XLIS:SEM HKSE:02314 SZSE:000815 OSTO:BILL

Other Exchanges 0O6D:UK MCM:Spain MQ4:Germany

Address Tuset 8-10, 7a Planta, Barcelona, ESP, 08006

Website https://www.miquelycostas.com

Miquel y Costas & Miquel SA is a Spain-based company operating in the paper industry. Its principal line of business is the manufacturing and distribution of fine and specialty lightweight papers, with the main specialization being cigarette papers. Its product portfolio consists of rolling papers, printing papers, specialty papers, and textile pulps, among others. Geographically, the company generates maximum revenue from the European Union, and the rest from the OECD countries, its domestic market, and other countries.

71GF Score

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Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN289.49

Price

MXN272.89

GF Value

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