Mr Price Group Limited, together with its subsidiaries, operates as a fashion retailer serving women, men, and children in South Africa and internationally. The company operates through four segments: Apparel, Home, Telecoms, and Financial Services. It offers clothing, underwear, footwear, cosmetics, babywear, school wear, and accessories; furniture and kids merchandise; sporting, outdoor, and fitness products comprising footwear, apparel, equipment, and accessories; women's smart and casual fashion and intimate wear; and home textile and décor products for bedroom, living-room, bathroom, kitchen, and dining-room. The company also provides credit services and insurance products, as well as mobile devices and accessories, and value-added services. It serves its customers through an omni-channel retail distribution of 1,721 corporate-owned stores and 8 franchised stores in Africa, as well as through its online channels. Mr Price Group Limited was founded in 1885 and is headquartered in Durban, South Africa.
Mr Price Dividend Announcement
• Mr Price announced a semi annually dividend of $0.02 per ordinary share which will be made payable on 2024-07-18. Ex dividend date: 2024-07-05
• Mr Price annual dividend for 2024 was $0.02
• Mr Price annual dividend for 2023 was $0.02
• Mr Price's trailing twelve-month (TTM) dividend yield is 2.74%
• Mr Price's payout ratio for the trailing twelve months (TTM) is 58.26%
• Mr Price's dividend growth over the last five years (2018-2023) was -10.80% year
• Mr Price's dividend growth over the last ten years (2013-2023) was -6.49% year
Mr Price Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-05 | $0.02 | semi annually | 2024-07-18 |
2023-12-13 | $0.01 | semi annually | 2023-12-28 |
2023-07-13 | $0.01 | semi annually | 2023-07-27 |
2022-12-14 | $0.01 | semi annually | 2022-12-29 |
2022-06-30 | $0.02 | semi annually | 2022-07-14 |
2021-12-16 | $0.01 | semi annually | 2021-12-30 |
2021-06-24 | $0.02 | semi annually | 2021-07-08 |
2020-12-17 | $0.01 | semi annually | 2020-12-31 |
2019-12-12 | $0.01 | semi annually | 2019-12-27 |
2019-06-20 | $0.02 | semi annually | 2019-07-05 |
2018-12-13 | $0.02 | semi annually | 2018-12-28 |
2018-06-29 | $0.02 | semi annually | 2018-07-09 |
2017-12-07 | $0.01 | semi annually | 2017-12-21 |
2017-06-21 | $0.03 | semi annually | 2017-07-06 |
2016-12-07 | $0.01 | semi annually | |
2016-06-22 | $0.02 | semi annually | |
2015-12-09 | $0.01 | semi annually | |
2015-06-17 | $0.02 | semi annually | |
2014-12-10 | $0.02 | semi annually | |
2014-06-18 | $0.03 | semi annually | |
2013-12-11 | $0.02 | semi annually | |
2013-06-19 | $0.03 | semi annually |
Mr Price Dividend per year
Mr Price Dividend growth
Mr Price Dividend Yield
Mr Price current trailing twelve-month (TTM) dividend yield is 2.74%. Interested in purchasing Mr Price stock? Use our calculator to estimate your expected dividend yield:
Mr Price Financial Ratios
Mr Price Dividend FAQ
Other factors to consider when evaluating Mr Price 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.
Place an order: Use the brokerage's trading platform to place an order to buy Mr Price 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.
1. Determination of Dividend: Mr Price'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, Mr Price 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, Mr Price 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 Mr Price 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: Mr Price 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, Mr Price distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Mr Price 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 Mr Price'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 Mr Price'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.