Mitchell Services Limited, together with its subsidiaries, provides exploration and mine site drilling services to the exploration, mining, and energy industries in Australia. The company's drilling services include greenfield exploration, project feasibility, mine site exploration and resource definition, development, and production. It also provides coal exploration, mineral exploration, mine services, underground coal drilling, and drill and blast services. The company was formerly known as Drill Torque Limited and changed its name to Mitchell Services Limited in December 2013. Mitchell Services Limited was founded in 1969 and is headquartered in Seventeen Mile Rocks, Australia.
Mitchell Services Dividend Announcement
• Mitchell Services announced a semi annually dividend of A$0.02 per ordinary share which will be made payable on 2024-09-16. Ex dividend date: 2024-08-28 • Mitchell Services annual dividend for 2024 was A$0.04 • Mitchell Services annual dividend for 2023 was A$0.02 • Mitchell Services's trailing twelve-month (TTM) dividend yield is 11.76% • Mitchell Services's payout ratio for the trailing twelve months (TTM) is 95.43%
Mitchell Services current trailing twelve-month (TTM) dividend yield is 11.76%. Interested in purchasing Mitchell Services stock? Use our calculator to estimate your expected dividend yield:
Mitchell Services Financial Ratios
P/E ratio7.93
PEG ratio0.08
P/B ratio1.11
ROE14.03%
Payout ratio95.43%
Current ratio1.18
Quick ratio0.98
Cash Ratio0.33
Mitchell Services Dividend FAQ
How much is the next Mitchell Services dividend?
Mitchell Services's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Mitchell Services dividend. The next Mitchell Services dividend will be released in August.
When is Mitchell Services dividend paid?
Mitchell Services pays dividends on a semi annually basis. The specific dates may vary each year but are generally around August. 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 Mitchell Services pay?
The specific amount of Mitchell Services 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 Mitchell Services's dividend history.
Does Mitchell Services stock pay dividends?
Yes, Mitchell Services 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 Mitchell Services's dividend history.
How much dividend does Mitchell Services pay?
Mitchell Services paid A$0.04 in 2024, A$0.021 in 2023, A$0.0 in 2022, A$0.0 in 2021, and A$0.011 in 2020.
How often does Mitchell Services pay dividends?
Mitchell Services 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 August.
What is Mitchell Services's dividend yield?
The current dividend yield for Mitchell Services is 11.76%. 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 Mitchell Services's exact dividend yield.
When does Mitchell Services go ex dividend?
Mitchell Services's ex-dividend date for the latest dividend was on 2024-08-28. Mitchell Services 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 Mitchell Services dividend paid?
Mitchell Services pays dividends on a semi annually basis, typically around August, but the exact dates can vary each year.
Will Mitchell Services 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 Mitchell Services 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 Mitchell Services dividend per share?
Mitchell Services paid A$0.04 per share in 2024 and A$0.021 per share in 2023. The amount of dividend per share that Mitchell Services 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 Mitchell Services 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 Mitchell Services 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 Mitchell Services a dividend stock?
Yes, Mitchell Services is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Mitchell Services a good dividend stock?
Whether Mitchell Services is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Mitchell Services has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Mitchell Services 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 Mitchell Services pay dividends monthly?
Mitchell Services typically pays dividends on a semi annually basis.
Does Mitchell Services pay dividends quarterly?
Mitchell Services currently pays dividends on a semi annually basis.
Has Mitchell Services ever paid a dividend?
Yes, Mitchell Services has a history of paying dividends to its shareholders. Mitchell Services is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Mitchell Services dividend stocks?
To buy Mitchell Services 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 Mitchell Services 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 Mitchell Services pay dividends 2024?
Mitchell Services pays dividends on a semi annually basis. 2024 dividend payments are in 2024-09-16. 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 Mitchell Services increase its dividend in 2024?
Decisions regarding Mitchell Services 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 Mitchell Services dividend overview you can look into the above table of dividend history.
How Mitchell Services dividend works?
The Mitchell Services 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 Mitchell Services's dividend process works:
1. Determination of Dividend: Mitchell Services'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, Mitchell Services 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, Mitchell Services 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 Mitchell Services 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 Mitchell Services dividends paid?
Mitchell Services dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Mitchell Services 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, Mitchell Services distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Mitchell Services 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 Mitchell Services pay dividends?
Mitchell Services 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 Mitchell Services pay dividends?
The general pattern is that Mitchell Services pays dividends around August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Mitchell Services dividend safe?
The safety of Mitchell Services'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 Mitchell Services'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 Mitchell Services'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.