If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of McMillan Shakespeare Ltd is 1.10, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of McMillan Shakespeare was 1.48. The lowest was 0.33. And the median was 0.70.
During the past 12 months, McMillan Shakespeare's average Dividends Per Share Growth Rate was 7.60% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 67.50% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 17.90% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 8.40% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of McMillan Shakespeare was 117.80% per year. The lowest was -23.70% 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.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
McMillan Shakespeare Dividend Yield % Historical Data
The historical data trend for McMillan Shakespeare'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.
Competitive Comparison of McMillan Shakespeare's Dividend Yield %
For the Staffing & Employment Services subindustry, McMillan Shakespeare'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.
McMillan Shakespeare's Dividend Yield % Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, McMillan Shakespeare's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where McMillan Shakespeare's Dividend Yield % falls into.
McMillan Shakespeare Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
McMillan Shakespeare Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
AUD 0.780000
2024-09-12
2024-09-13
2024-09-27
Cash Dividend
semi-annually
AUD:EUR 0.603862
* 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.
McMillan Shakespeare's Trailing Annual Dividend Yield (%) for Today is calculated as
* 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.
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.
McMillan Shakespeare Dividend Yield % Related Terms
Thank you for viewing the detailed overview of McMillan Shakespeare's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
McMillan Shakespeare is a provider of salary packaging, novated leasing, disability plan management and support co-ordination, and fleet management services. It actively works to cross-sell its products to clients, for example, selling its salary packaging services to its fleet management customers in Australia and New Zealand. McMillan dominates Australia's salary packaging market together with Smartgroup (also covered by Morningstar), and is also Australia's largest provider of novated leasing services by volumes—marginally ahead of Smartgroup and SG Fleet. The group has three operating segments: group remuneration services, asset management services, and plan and support services. Most of the group's revenue is generated from the group remuneration services segment.
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