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Mainfreight Limited provides supply chain logistics services in New Zealand, Australia, the Americas, Europe, and Asia. The company offers warehousing, domestic freight forwarding, and international air and ocean freight forwarding services. Mainfreight Limited was incorporated in 1978 and is based in Auckland, New Zealand.

Mainfreight Dividend Announcement

Mainfreight announced a semi annually dividend of NZ$0.87 per ordinary share which will be made payable on 2024-07-19. Ex dividend date: 2024-07-10
Mainfreight annual dividend for 2024 was NZ$0.87
Mainfreight annual dividend for 2023 was NZ$1.72
Mainfreight's trailing twelve-month (TTM) dividend yield is 2.37%
Mainfreight's payout ratio for the trailing twelve months (TTM) is 95.89%
Mainfreight's dividend growth over the last five years (2018-2023) was 29.08% year
Mainfreight's dividend growth over the last ten years (2013-2023) was 27.09% year

Mainfreight Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-10NZ$0.87semi annually2024-07-19
2023-12-07NZ$0.85semi annually2023-12-15
2023-07-12NZ$0.87semi annually2023-07-21
2022-12-08NZ$0.85semi annually2022-12-16
2022-07-14NZ$0.87semi annually2022-07-22
2021-12-09NZ$0.55semi annually2021-12-17
2021-07-08NZ$0.45semi annually2021-07-16
2020-12-10NZ$0.30semi annually2020-12-18
2020-07-09NZ$0.34semi annually2020-07-17
2019-12-05NZ$0.25semi annually2019-12-13
2019-07-11NZ$0.34semi annually2019-07-19
2018-12-06NZ$0.22semi annually2018-12-14
2018-07-12NZ$0.26semi annually2018-07-20
2017-12-07NZ$0.19semi annually2017-12-15
2017-07-13NZ$0.24semi annually2017-07-21
2016-12-08NZ$0.17semi annually
2016-07-14NZ$0.23semi annually
2015-12-09NZ$0.14semi annually
2015-07-08NZ$0.20semi annually
2014-12-03NZ$0.14semi annually
2014-07-09NZ$0.19semi annually
2013-12-04NZ$0.13semi annually
2013-07-10NZ$0.03semi annually

Mainfreight Dividend per year

Mainfreight Dividend growth

Mainfreight Dividend Yield

Mainfreight current trailing twelve-month (TTM) dividend yield is 2.37%. Interested in purchasing Mainfreight stock? Use our calculator to estimate your expected dividend yield:

Mainfreight Financial Ratios

P/E ratio26.98
PEG ratio-6.06
P/B ratio3.94
ROE14.88%
Payout ratio95.89%
Current ratio1.14
Quick ratio1.25
Cash Ratio0.27

Mainfreight Dividend FAQ

How much is the next Mainfreight dividend?
Mainfreight's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Mainfreight dividend. The next Mainfreight dividend will be released in July, or December.
When is Mainfreight dividend paid?
Mainfreight pays dividends on a semi annually basis. The specific dates may vary each year but are generally around July, and 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 Mainfreight pay?
The specific amount of Mainfreight 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 Mainfreight's dividend history.
Does Mainfreight stock pay dividends?
Yes, Mainfreight 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 Mainfreight's dividend history.
How much dividend does Mainfreight pay?
Mainfreight paid NZ$0.87 in 2024, NZ$1.72 in 2023, NZ$1.72 in 2022, NZ$1.0 in 2021, and NZ$0.64 in 2020.
How often does Mainfreight pay dividends?
Mainfreight typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around July, and December.
What is Mainfreight's dividend yield?
The current dividend yield for Mainfreight is 2.37%. 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 Mainfreight's exact dividend yield.
When does Mainfreight go ex dividend?
Mainfreight's ex-dividend date for the latest dividend was on 2024-07-10. Mainfreight 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 Mainfreight dividend paid?
Mainfreight pays dividends on a semi annually basis, typically around July, or December, but the exact dates can vary each year.
Will Mainfreight 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 Mainfreight 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 Mainfreight dividend per share?
Mainfreight paid NZ$0.87 per share in 2024 and NZ$1.72 per share in 2023. The amount of dividend per share that Mainfreight 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 Mainfreight 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 Mainfreight 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 Mainfreight a dividend stock?
Yes, Mainfreight is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Mainfreight a good dividend stock?
Whether Mainfreight is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Mainfreight has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Mainfreight 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 Mainfreight pay dividends monthly?
Mainfreight typically pays dividends on a semi annually basis.
Does Mainfreight pay dividends quarterly?
Mainfreight currently pays dividends on a semi annually basis.
Has Mainfreight ever paid a dividend?
Yes, Mainfreight has a history of paying dividends to its shareholders. Mainfreight is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Mainfreight dividend stocks?
To buy Mainfreight 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 Mainfreight 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 Mainfreight pay dividends 2024?
Mainfreight pays dividends on a semi annually basis. 2024 dividend payments are in 2024-07-19. 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 Mainfreight increase its dividend in 2024?
Decisions regarding Mainfreight 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 Mainfreight dividend overview you can look into the above table of dividend history.
How Mainfreight dividend works?
The Mainfreight 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 Mainfreight's dividend process works:

1. Determination of Dividend: Mainfreight'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, Mainfreight 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, Mainfreight 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 Mainfreight 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 Mainfreight dividends paid?
Mainfreight dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Mainfreight 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, Mainfreight distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Mainfreight 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 Mainfreight pay dividends?
Mainfreight typically pays dividends on a semi 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 Mainfreight pay dividends?
The general pattern is that Mainfreight pays dividends around July, and 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 Mainfreight dividend safe?
The safety of Mainfreight'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 Mainfreight'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 Mainfreight'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.