Mayr-Melnhof Karton AG manufactures and sells cartonboard and folding cartons in Germany, Austria, and internationally. It operates through two segments, MM Board & Paper and MM Packaging. The MM Board & Paper segment manufactures and markets various grades of cartonboard products, such as coated cartonboard produced from recycling fibers; and virgin fiber based cartonboard, as well as offers kraft papers and uncoated fine papers. Its cartonboard is used as a raw material in the production of folding carton packaging; and for food packaging, as well as packaging for household and hygiene products. This segment primarily serves printing businesses in the fragmented folding carton industry. The MM Packaging segment processes cartonboard into folding cartons primarily for food industry, as well as for other consumer goods industries. This segment also provides leaflets and labels. Mayr-Melnhof Karton AG was founded in 1950 and is based in Vienna, Austria.
Mayr-Melnhof Karton Dividend Announcement
• Mayr-Melnhof Karton announced a annually dividend of €1.50 per ordinary share which will be made payable on 2024-05-08. Ex dividend date: 2024-04-30
• Mayr-Melnhof Karton annual dividend for 2024 was €1.50
• Mayr-Melnhof Karton annual dividend for 2023 was €4.20
• Mayr-Melnhof Karton's trailing twelve-month (TTM) dividend yield is 2.12%
• Mayr-Melnhof Karton's payout ratio for the trailing twelve months (TTM) is 62.38%
Mayr-Melnhof Karton Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-30 | €1.50 | annually | 2024-05-08 |
2023-05-03 | €4.20 | annually | 2023-05-10 |
2022-05-03 | €3.50 | annually | 2022-05-11 |
2021-05-05 | €3.20 | annually | 2021-05-12 |
2020-05-06 | €3.20 | annually | 2020-05-13 |
2018-05-02 | €3.10 | annually | 2018-05-09 |
2017-05-02 | €3.00 | annually | 2017-05-09 |
2016-05-03 | €1.20 | annually | |
2015-11-03 | €1.60 | annually | |
2015-05-05 | €2.60 | annually | |
2014-05-06 | €2.40 | annually | |
2013-04-30 | €2.25 | annually | |
2012-04-30 | €2.10 | annually |
Mayr-Melnhof Karton Dividend per year
Mayr-Melnhof Karton Dividend growth
Mayr-Melnhof Karton Dividend Yield
Mayr-Melnhof Karton current trailing twelve-month (TTM) dividend yield is 2.12%. Interested in purchasing Mayr-Melnhof Karton stock? Use our calculator to estimate your expected dividend yield:
Mayr-Melnhof Karton Financial Ratios
Mayr-Melnhof Karton Dividend FAQ
Other factors to consider when evaluating Mayr-Melnhof Karton 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.
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1. Determination of Dividend: Mayr-Melnhof Karton'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, Mayr-Melnhof Karton 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, Mayr-Melnhof Karton 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 Mayr-Melnhof Karton 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.
1. Record Date: Mayr-Melnhof Karton 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, Mayr-Melnhof Karton distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Mayr-Melnhof Karton 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.
To assess the safety of Mayr-Melnhof Karton'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 Mayr-Melnhof Karton'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.