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Mayne Pharma Group Limited, a specialty pharmaceutical company, manufactures and sells branded and generic pharmaceutical products in Australia, New Zealand, the United States, Canada, Europe and Asia. The company operates through four segments: Metrics Contract Services, International, Branded Products, and Portfolio Products. It provides oral drug delivery systems; and contract pharmaceutical development, manufacturing, and analytical services to third-party customers, as well as distributes specialty pharmaceutical products in the dermatology, women's health, and infectious disease therapeutic areas. The company was formerly known as Halcygen Pharmaceuticals Limited and changed its name to Mayne Pharma Group Limited in November 2010. Mayne Pharma Group Limited was incorporated in 2005 and is based in Salisbury South, Australia.

Mayne Pharma Dividend Announcement

• Mayne Pharma announced a annually dividend of $7.56 per ordinary share which will be made payable on 2023-01-27. Ex dividend date: 2023-01-18
• Mayne Pharma's trailing twelve-month (TTM) dividend yield is -%

Mayne Pharma Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-01-18$7.56annually2023-01-27

Mayne Pharma Dividend per year

Mayne Pharma Dividend Yield

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

Mayne Pharma Financial Ratios

P/E ratio-1.66
PEG ratio-0.01
P/B ratio0.77
ROE-41.82%
Payout ratio0.00%
Current ratio1.47
Quick ratio1.23
Cash Ratio0.35

Mayne Pharma Dividend FAQ

Does Mayne Pharma stock pay dividends?
Mayne Pharma does not currently pay dividends to its shareholders.
Has Mayne Pharma ever paid a dividend?
No, Mayne Pharma has no a history of paying dividends to its shareholders. Mayne Pharma is not known for its dividend payments.
Why doesn't Mayne Pharma pay dividends?
There are several potential reasons why Mayne Pharma would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Mayne Pharma ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Mayne Pharma has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Mayne Pharma a dividend aristocrat?
Mayne Pharma is not considered a Dividend Aristocrat. 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 Mayne Pharma a dividend king?
Mayne Pharma is not classified as a "Dividend King". 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 Mayne Pharma a dividend stock?
No, Mayne Pharma is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Mayne Pharma stocks?
To buy Mayne Pharma 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Mayne Pharma 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.