Mackenzie Master Limited Partnership pays selling commissions to financial advisors who sell redemption charge securities of Mackenzie mutual funds for specific periods. Redemption charge securities are securities of a fund for which investors are, under certain circumstances, required to pay a charge on redemption. MMLP GP Inc. serves as the general partner of Mackenzie Master Limited Partnership. The company was founded in 1995 and is headquartered in Toronto, Canada.
• Mackenzie Master Partnership announced a annually dividend of C$0.08 per ordinary share which will be made payable on 2024-01-19. Ex dividend date: 2023-12-28 • Mackenzie Master Partnership annual dividend for 2023 was C$0.08 • Mackenzie Master Partnership's trailing twelve-month (TTM) dividend yield is 19.52% • Mackenzie Master Partnership's payout ratio for the trailing twelve months (TTM) is 116.15% • Mackenzie Master Partnership's dividend growth over the last five years (2018-2023) was -9.03% year • Mackenzie Master Partnership's dividend growth over the last ten years (2013-2023) was -8.73% year
Mackenzie Master Partnership current trailing twelve-month (TTM) dividend yield is 19.52%. Interested in purchasing Mackenzie Master Partnership stock? Use our calculator to estimate your expected dividend yield:
Mackenzie Master Partnership Financial Ratios
P/E ratio2.88
PEG ratio0.03
P/B ratio10.26
ROE235.40%
Payout ratio116.15%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
Mackenzie Master Partnership Dividend FAQ
How much is the next Mackenzie Master Partnership dividend?
Mackenzie Master Partnership's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Mackenzie Master Partnership dividend. The next Mackenzie Master Partnership dividend will be released in December.
When is Mackenzie Master Partnership dividend paid?
Mackenzie Master Partnership pays dividends on a annually basis. The specific dates may vary each year but are generally around December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Mackenzie Master Partnership pay?
The specific amount of Mackenzie Master Partnership dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Mackenzie Master Partnership's dividend history.
Does Mackenzie Master Partnership stock pay dividends?
Yes, Mackenzie Master Partnership does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Mackenzie Master Partnership's dividend history.
How much dividend does Mackenzie Master Partnership pay?
Mackenzie Master Partnership paid C$0.0 in 2024, C$0.081 in 2023, C$0.084 in 2022, C$0.095 in 2021, and C$0.086 in 2020.
How often does Mackenzie Master Partnership pay dividends?
Mackenzie Master Partnership typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around December.
What is Mackenzie Master Partnership's dividend yield?
The current dividend yield for Mackenzie Master Partnership is 19.52%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Mackenzie Master Partnership's exact dividend yield.
When does Mackenzie Master Partnership go ex dividend?
Mackenzie Master Partnership's ex-dividend date for the latest dividend was on 2023-12-28. Mackenzie Master Partnership typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Mackenzie Master Partnership dividend paid?
Mackenzie Master Partnership pays dividends on a annually basis, typically around December, but the exact dates can vary each year.
Will Mackenzie Master Partnership increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Mackenzie Master Partnership will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Mackenzie Master Partnership dividend per share?
Mackenzie Master Partnership paid C$0.0 per share in 2024 and C$0.081 per share in 2023. The amount of dividend per share that Mackenzie Master Partnership pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Mackenzie Master Partnership a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Mackenzie Master Partnership a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Mackenzie Master Partnership a dividend stock?
Yes, Mackenzie Master Partnership is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Mackenzie Master Partnership a good dividend stock?
Whether Mackenzie Master Partnership is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Mackenzie Master Partnership has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Mackenzie Master Partnership as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Mackenzie Master Partnership pay dividends monthly?
Mackenzie Master Partnership typically pays dividends on a annually basis.
Does Mackenzie Master Partnership pay dividends quarterly?
Mackenzie Master Partnership currently pays dividends on a annually basis.
Has Mackenzie Master Partnership ever paid a dividend?
Yes, Mackenzie Master Partnership has a history of paying dividends to its shareholders. Mackenzie Master Partnership is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Mackenzie Master Partnership dividend stocks?
To buy Mackenzie Master Partnership you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Mackenzie Master Partnership stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Mackenzie Master Partnership pay dividends 2024?
Mackenzie Master Partnership pays dividends on a annually basis. 2024 dividend payments are in 2024-01-19. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Mackenzie Master Partnership increase its dividend in 2024?
Decisions regarding Mackenzie Master Partnership dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Mackenzie Master Partnership dividend overview you can look into the above table of dividend history.
How Mackenzie Master Partnership dividend works?
The Mackenzie Master Partnership dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Mackenzie Master Partnership's dividend process works:
1. Determination of Dividend: Mackenzie Master Partnership's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Mackenzie Master Partnership publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Mackenzie Master Partnership distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Mackenzie Master Partnership are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Mackenzie Master Partnership dividends paid?
Mackenzie Master Partnership dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Mackenzie Master Partnership sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Mackenzie Master Partnership distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Mackenzie Master Partnership declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Mackenzie Master Partnership pay dividends?
Mackenzie Master Partnership typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Mackenzie Master Partnership pay dividends?
The general pattern is that Mackenzie Master Partnership pays dividends around December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Mackenzie Master Partnership dividend safe?
The safety of Mackenzie Master Partnership's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Mackenzie Master Partnership's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Mackenzie Master Partnership's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.