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MTY Food Group Inc. franchises and operates quick-service, fast-casual, and casual dining restaurants in Canada, the United States, and internationally. The company also sells retail products under a multitude of banners. As of November 30, 2021, the company had 6,719 locations comprising 6,603 franchised, 23 joint ventures, and 93 corporate locations. The company was formerly known as iNsu Innovations Group Inc. and changed its name to MTY Food Group Inc. in July 2003. MTY Food Group Inc. was founded in 1979 and is headquartered in Saint-Laurent, Canada.

MTY Food Dividend Announcement

MTY Food announced a quarterly dividend of C$0.28 per ordinary share which will be made payable on 2024-08-15. Ex dividend date: 2024-08-02
MTY Food annual dividend for 2024 was C$0.84
MTY Food annual dividend for 2023 was C$1.00
MTY Food's trailing twelve-month (TTM) dividend yield is 2.36%
MTY Food's payout ratio for the trailing twelve months (TTM) is 25.77%
MTY Food's dividend growth over the last five years (2018-2023) was 10.76% year
MTY Food's dividend growth over the last ten years (2013-2023) was 13.58% year

MTY Food Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-02C$0.28quarterly2024-08-15
2024-05-02C$0.28quarterly2024-05-15
2024-02-02C$0.28quarterly2024-02-15
2023-11-02C$0.25quarterly2023-11-15
2023-08-01C$0.25quarterly2023-08-15
2023-05-02C$0.25quarterly2023-05-15
2023-02-02C$0.25quarterly2023-02-15
2022-11-01C$0.21quarterly2022-11-15
2022-08-02C$0.21quarterly2022-08-15
2022-05-02C$0.21quarterly2022-05-13
2022-02-02C$0.21quarterly2022-02-15
2021-11-01C$0.18quarterly2021-11-15
2021-07-30C$0.18quarterly2021-08-13
2020-01-31C$0.18quarterly2020-02-14
2019-11-01C$0.17quarterly2019-11-15
2019-08-01C$0.17quarterly2019-08-15
2019-05-02C$0.17quarterly2019-05-15
2019-02-01C$0.17quarterly2019-02-15
2018-11-02C$0.15quarterly2018-11-15
2018-07-30C$0.15quarterly2018-08-15
2018-05-01C$0.15quarterly2018-05-15
2018-02-02C$0.15quarterly2018-02-15
2017-11-01C$0.12quarterly2017-11-15
2017-07-28C$0.12quarterly2017-08-15
2017-04-28C$0.12quarterly2017-05-15
2017-02-01C$0.12quarterly2017-02-15
2016-10-31C$0.12quarterly2016-11-16
2016-08-02C$0.12quarterly2016-08-16
2016-05-02C$0.12quarterly2016-05-16
2016-01-28C$0.12quarterly2016-02-12
2015-10-29C$0.10quarterly2015-11-13
2015-07-30C$0.10quarterly2015-08-14
2015-04-30C$0.10quarterly2015-05-15
2015-01-29C$0.10quarterly2015-02-13
2014-10-30C$0.09quarterly2014-11-14
2014-07-31C$0.09quarterly2014-08-15
2014-05-01C$0.09quarterly2014-05-16
2014-01-31C$0.09quarterly2014-02-14
2013-10-31C$0.07quarterly2013-11-15
2013-08-01C$0.07quarterly2013-08-16
2013-05-03C$0.07quarterly2013-05-17
2013-01-31C$0.07quarterly2013-02-15

MTY Food Dividend per year

MTY Food Dividend growth

MTY Food Dividend Yield

MTY Food current trailing twelve-month (TTM) dividend yield is 2.36%. Interested in purchasing MTY Food stock? Use our calculator to estimate your expected dividend yield:

MTY Food Financial Ratios

P/E ratio11.15
PEG ratio4.44
P/B ratio1.34
ROE12.27%
Payout ratio25.77%
Current ratio0.64
Quick ratio0.59
Cash Ratio0.12

MTY Food Dividend FAQ

How much is the next MTY Food dividend?
MTY Food's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next MTY Food dividend. The next MTY Food dividend will be released in February, May, August, or November.
When is MTY Food dividend paid?
MTY Food pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. 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 MTY Food pay?
The specific amount of MTY Food 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 MTY Food's dividend history.
Does MTY Food stock pay dividends?
Yes, MTY Food 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 MTY Food's dividend history.
How much dividend does MTY Food pay?
MTY Food paid C$0.84 in 2024, C$1.0 in 2023, C$0.84 in 2022, C$0.37 in 2021, and C$0.185 in 2020.
How often does MTY Food pay dividends?
MTY Food typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is MTY Food's dividend yield?
The current dividend yield for MTY Food is 2.36%. 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 MTY Food's exact dividend yield.
When does MTY Food go ex dividend?
MTY Food's ex-dividend date for the latest dividend was on 2024-08-02. MTY Food 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 MTY Food dividend paid?
MTY Food pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will MTY Food 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 MTY Food 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 MTY Food dividend per share?
MTY Food paid C$0.84 per share in 2024 and C$1.0 per share in 2023. The amount of dividend per share that MTY Food 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 MTY Food 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 MTY Food 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 MTY Food a dividend stock?
Yes, MTY Food is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is MTY Food a good dividend stock?
Whether MTY Food is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. MTY Food has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating MTY Food 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 MTY Food pay dividends monthly?
MTY Food typically pays dividends on a quarterly basis.
Does MTY Food pay dividends quarterly?
MTY Food currently pays dividends on a quarterly basis.
Has MTY Food ever paid a dividend?
Yes, MTY Food has a history of paying dividends to its shareholders. MTY Food is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy MTY Food dividend stocks?
To buy MTY Food 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 MTY Food 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 MTY Food pay dividends 2024?
MTY Food pays dividends on a quarterly basis. 2024 dividend payments are in 2024-08-15. 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 MTY Food increase its dividend in 2024?
Decisions regarding MTY Food 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 MTY Food dividend overview you can look into the above table of dividend history.
How MTY Food dividend works?
The MTY Food 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 MTY Food's dividend process works:

1. Determination of Dividend: MTY Food'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, MTY Food 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, MTY Food 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 MTY Food 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 MTY Food dividends paid?
MTY Food dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: MTY Food 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, MTY Food distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: MTY Food 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 MTY Food pay dividends?
MTY Food typically pays dividends on a quarterly 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 MTY Food pay dividends?
The general pattern is that MTY Food pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is MTY Food dividend safe?
The safety of MTY Food'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 MTY Food'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 MTY Food'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.