Mcgrath Dividend History ASX MEA Dividends Yield and Payout Ratio



Mcgrath paid dividend of 3c per share on 12 Mar 2024. The ex-dividend date for this dividend was 26 Feb 2024. The dividend amount was paid at franking rate of 100%. Mcgrath is paying dividends since or before Sep 2016.

The dividend yield of MEA is 4.24%. The dividend yield is defined as amount of dividend paid divided by the share price.

The MEA dividend payout ratio is 26.99%. The dividend payout ratio is defined as dividend amount divided by earning per share (EPS). If the dividend payout ratio is more than 100% then it means the company is paying more in dividend than what it is currently earning. For a good dividend paying company the ideal payout ratio should be less than 70%.


Key Dividend Metrics

Dividend yield
4.24%
Dividend amount
$0.03
Payout ratio
26.99%
5Y Avg. yield
N/A

Related: Mcgrath Stock and Company Fundamentals

Mcgrath (ASX:MEA) Latest Dividend

Following is the latest dividend details announced to the eligible shareholders of Mcgrath (ASX:MEA). The dividend was paid to those shareholders who held the shares until the ex-dividend date.

Ex. Dividend Date Monday, 26 Feb 2024
Dividend Payment Date Tuesday, 12 Mar 2024
Dividend Amount 3c
Franking Rate 100%
Dividend Type

Mcgrath Dividend History

Following table shows the history of dividend amount, ex-dividend date, payment date for Mcgrath.

Ex-Date Pay-Date Amount Franking rate Type
26 Feb 2024 12 Mar 2024 3c 100%
31 Aug 2022 20 Sep 2022 1c 100%
28 Feb 2022 23 Mar 2022 2.5c 100%
01 Mar 2021 23 Mar 2021 0.5c 100%
20 Sep 2017 05 Oct 2017 1c 100%
13 Mar 2017 28 Mar 2017 1c 100%
13 Sep 2016 28 Sep 2016 3.5c 100%

Mcgrath Dividend Frequently Asked Questions

1. What is the ex-dividend date of Mcgrath (MEA)?

The ex-dividend date for most recent dividend of Mcgrath was 26 Feb 2024.

2. What is the payment date for most recent dividend of Mcgrath (MEA)?

As per the latest dividend details, the dividend payment date was 12 Mar 2024.

3. What is the dividend yield of Mcgrath (MEA)?

The trailing twelve months dividend yield of Mcgrath is 4.24%.

4. How often does the Mcgrath (MEA) pays Dividends?

In 2023, Mcgrath paid dividends in making its dividend payment frequency 0 times in a year.

5. What is the dividend payout ratio of Mcgrath (MEA)?

The latest dividend payout ratio of Mcgrath (MEA) was 26.99%.

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