MTN Group Limited, together with its subsidiaries, operates in the mobile telecommunications industry. The company provides data, voice and SMS, digital and fintech, wholesale, and interconnect and roaming services, as well as sells mobile devices. It also offers network as a service, which include subsea cables providing international connectivity services; terrestrial and metro fiber networks; data centers and cable landing stations; and FTTx, towers, and radio access networks. The company also provides digital financial services, such as access payments, e-commerce, insurance, and lending and remittance services; enterprise services, including cloud, unified communications, Internet of Things (IoT), and software defined networks; and API products and services for telecommunications, health, government, financial services, entertainment, and other sectors. As of March 9, 2022, it had a total of 272.4 million subscribers in 21 markets internationally. The company operates in South Africa, Nigeria, South and East Africa, West and Central Africa, and the Middle East and North Africa. MTN Group Limited was incorporated in 1994 and is based in Johannesburg, South Africa.
MTN Dividend Announcement
• MTN announced a annually dividend of $0.01 per ordinary share which will be made payable on 2024-05-02. Ex dividend date: 2024-04-18
• MTN annual dividend for 2024 was $0.01
• MTN annual dividend for 2023 was $0.01
• MTN's trailing twelve-month (TTM) dividend yield is 0.18%
• MTN's payout ratio for the trailing twelve months (TTM) is -2.60%
MTN Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-04-18 | $0.01 | annually | 2024-05-02 |
| 2023-04-05 | $0.01 | annually | 2023-04-21 |
| 2022-03-31 | $0.01 | annually | 2022-04-14 |
| 2020-04-02 | $0.01 | annually | 2020-04-16 |
| 2019-08-29 | $0.01 | annually | 2019-09-12 |
| 2019-03-28 | $0.02 | annually | 2019-04-11 |
| 2018-08-30 | $0.01 | annually | 2018-09-13 |
| 2018-03-28 | $0.03 | annually | 2018-04-13 |
| 2017-08-23 | $0.01 | annually | 2017-09-07 |
| 2017-03-22 | $0.03 | annually | 2017-04-06 |
| 2016-08-24 | $0.01 | annually | 2016-09-08 |
| 2016-03-30 | $0.04 | annually | 2016-04-14 |
| 2015-08-26 | $0.03 | annually | 2015-09-10 |
| 2015-03-26 | $0.05 | annually | 2015-04-09 |
| 2014-08-27 | $0.04 | annually | 2014-09-11 |
| 2014-03-26 | $0.06 | annually | 2014-04-10 |
| 2013-09-04 | $0.04 | annually | 2013-09-19 |
| 2013-03-26 | $0.06 | annually | 2013-04-12 |
| 2012-08-29 | $0.05 | annually | 2012-09-13 |
| 2012-03-28 | $0.08 | annually | 2012-04-12 |
MTN Dividend per year
MTN Dividend growth
MTN Dividend Yield
MTN current trailing twelve-month (TTM) dividend yield is 0.18%. Interested in purchasing MTN stock? Use our calculator to estimate your expected dividend yield:
MTN Financial Ratios
P/E ratio-12.65
PEG ratio-0.01
P/B ratio1.39
ROE-9.89%
Payout ratio-2.60%
Current ratio0.83
Quick ratio0.83
Cash Ratio0.11
MTN Dividend FAQ
How much is the next MTN dividend?
MTN's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next MTN dividend. The next MTN dividend will be released in April.
When is MTN dividend paid?
MTN pays dividends on a annually basis. The specific dates may vary each year but are generally around April. 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 MTN pay?
The specific amount of MTN 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 MTN's dividend history.
Does MTN stock pay dividends?
Yes, MTN 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 MTN's dividend history.
How much dividend does MTN pay?
MTN paid $0.009 in 2024, $0.01 in 2023, $0.014 in 2022, $0.0 in 2021, and $0.012 in 2020.
How often does MTN pay dividends?
MTN typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around April.
What is MTN's dividend yield?
The current dividend yield for MTN is 0.18%. 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 MTN's exact dividend yield.
When does MTN go ex dividend?
MTN's ex-dividend date for the latest dividend was on 2024-04-18. MTN 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 MTN dividend paid?
MTN pays dividends on a annually basis, typically around April, but the exact dates can vary each year.
Will MTN 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 MTN 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 MTN dividend per share?
MTN paid $0.009 per share in 2024 and $0.01 per share in 2023. The amount of dividend per share that MTN 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 MTN 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 MTN 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 MTN a dividend stock?
Yes, MTN is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is MTN a good dividend stock?
Whether MTN is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. MTN has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating MTN 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.
Other factors to consider when evaluating MTN 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 MTN pay dividends monthly?
MTN typically pays dividends on a annually basis.
Does MTN pay dividends quarterly?
MTN currently pays dividends on a annually basis.
Has MTN ever paid a dividend?
Yes, MTN has a history of paying dividends to its shareholders. MTN is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy MTN dividend stocks?
To buy MTN 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 MTN 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.
Place an order: Use the brokerage's trading platform to place an order to buy MTN 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 MTN pay dividends 2024?
MTN pays dividends on a annually basis. 2024 dividend payments are in 2024-05-02. 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 MTN increase its dividend in 2024?
Decisions regarding MTN 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 MTN dividend overview you can look into the above table of dividend history.
How MTN dividend works?
The MTN 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 MTN's dividend process works:
1. Determination of Dividend: MTN'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, MTN 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, MTN 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 MTN 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. Determination of Dividend: MTN'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, MTN 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, MTN 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 MTN 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 MTN dividends paid?
MTN dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: MTN 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, MTN distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: MTN 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.
1. Record Date: MTN 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, MTN distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: MTN 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 MTN pay dividends?
MTN typically pays dividends on a 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 MTN pay dividends?
The general pattern is that MTN pays dividends around April. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is MTN dividend safe?
The safety of MTN'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 MTN'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 MTN'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.
To assess the safety of MTN'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 MTN'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.