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MGP Ingredients (MGP Ingredients) Dividend Yield %

: 0.60% (As of Today)
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As of today (2024-04-19), the Trailing Annual Dividend Yield of MGP Ingredients is 0.60%.

Good Sign:

MGP Ingredients Inc stock dividend yield is close to 2-year high.

The historical rank and industry rank for MGP Ingredients's Dividend Yield % or its related term are showing as below:

MGPI' s Dividend Yield % Range Over the Past 10 Years
Min: 0.15   Med: 0.47   Max: 1.64
Current: 0.6

During the past 13 years, the highest Dividend Yield of MGP Ingredients was 1.64%. The lowest was 0.15%. And the median was 0.47%.

MGPI's Dividend Yield % is ranked worse than
92% of 150 companies
in the Beverages - Alcoholic industry
Industry Median: 2.64 vs MGPI: 0.60

MGP Ingredients's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.08.

During the past 13 years, the highest Dividend Payout Ratio of MGP Ingredients was 0.20. The lowest was 0.04. And the median was 0.09.

As of today (2024-04-19), the Forward Dividend Yield % of MGP Ingredients is 0.60%.

MGP Ingredients's Dividends per Share for the three months ended in Dec. 2023 was $0.12.

During the past 5 years, the average Dividends Per Share Growth Rate was 7.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 31.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of MGP Ingredients was 74.70% per year. The lowest was -41.50% per year. And the median was 18.60% per year.

The growth rate is calculated with least square regression.

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


MGP Ingredients Dividend Yield % Historical Data

The historical data trend for MGP Ingredients's Dividend Yield % 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.

MGP Ingredients Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.83 1.02 0.56 0.44 0.49

MGP Ingredients Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.44 0.50 0.45 0.45 0.49

Competitive Comparison

For the Beverages - Wineries & Distilleries subindustry, MGP Ingredients's Dividend Yield %, along with its competitors' market caps and 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.


MGP Ingredients Dividend Yield % Distribution

For the Beverages - Alcoholic industry and Consumer Defensive sector, MGP Ingredients's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where MGP Ingredients's Dividend Yield % falls into.



MGP Ingredients Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

MGP Ingredients Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1202024-03-142024-03-152024-03-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.1202023-11-162023-11-172023-12-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.1202023-08-172023-08-182023-09-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.1202023-05-182023-05-192023-06-02Cash DividendquarterlyUSD:USD 1.000000

* 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.

MGP Ingredients's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.48/79.75
=0.60 %

Current Share Price is $79.75.
MGP Ingredients's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.48.

MGP Ingredients's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.48/79.75
=0.60 %

Current Share Price is $79.75.
MGP Ingredients's Dividends per Share for the forward twelve months is calculated as $0.12 * 4 = $0.48.

* 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.


MGP Ingredients  (NAS:MGPI) 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


MGP Ingredients Dividend Yield % Related Terms

Thank you for viewing the detailed overview of MGP Ingredients's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


MGP Ingredients (MGP Ingredients) Business Description

Traded in Other Exchanges
Address
100 Commercial Street, P.O. Box 130, Atchison, KS, USA, 66002
MGP Ingredients Inc is a producer and supplier of premium distilled spirits and specialty wheat protein and starch food ingredients. MGP also produces high-quality industrial alcohol for use in both food and non-food applications. It operates in three segments: Distillery Solutions, Branded Spirits Segment, and Ingredient Solutions. Distillery Solutions provides distillery co-products, such as distillers feed, fuel grade alcohol, and corn oil: and warehouse services, including barrel put away, storage, and retrieval services. It derives most of its revenue from the Distillery Solutions segment.
Executives
Karen Seaberg director 20073 266TH ROAD, #266, ATCHISON KS 66002
Mingus Lori L.s. director 4123 HWY 49, PERRY KS 66073
Brandon Gall officer: VP and Chief Financial Officer 6142 REINHARDT, FAIRWAY KS 66205
David Colo director C/O DIAMOND FOODS, INC., 600 MONTGOMERY STREET, 13TH FLOOR, SAN FRANCISCO CA 94111
Catherine N. Lux 10 percent owner, other: Member of 10% holder group 5050 KEMPER AVENUE, ST. LOUIS MO 63139
Cnl 2013 Irrevocable Trust Dated April 2, 2013 10 percent owner, other: Member of 10% holder group 212 S. MAIN AVENUE, SUITE 145, SIOUX FALLS SD 57104
Ann S. Lux 2005 Irrevocable Trust Fbo Paul S. Lux Dated September 16, 2005 10 percent owner, other: Member of 10% holder group 5050 KEMPER AVENUE, ST. LOUIS MO 63169
Paul S. Lux 10 percent owner, other: Member of 10% holder group 5050 KEMPER AVENUE, ST. LOUIS MO 63139
Caroline L. Kaplan Revocable Trust Dated December 16, 2009 10 percent owner, other: Member of 10% holder group 5050 KEMPER AVENUE, ST. LOUIS MO 63139
Caroline Lux Kaplan 10 percent owner, other: Member of 10% holder group 5050 KEMPER AVENUE, ST. LOUIS MO 63139
Donn S. Lux director, 10 percent owner, other: Member of 10% holder group 5050 KEMPER AVENUE, ST. LOUIS MO 63139
Luxco 2017 Irrevocable Trust Dated June 19, 2017 10 percent owner 5050 KEMPER AVENUE, ST. LOUIS MO 63139
Neha J Clark director C/O LIFEWAY FOODS, 6431 OAKTON STREET, MORTON GROVE IL 60053
Kevin Rauckman director 1200 E 151 ST ST, OLATHE KS 66062
Todd B. Siwak director 100 COMMERCIAL STREET, P.O. BOX 130, ATCHISON KS 66002