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 2024-11-15. Ex dividend date: 2024-11-05
• MTY Food annual dividend for 2024 was C$1.12
• MTY Food annual dividend for 2023 was C$1.00
• MTY Food's trailing twelve-month (TTM) dividend yield is 1.84%
• MTY Food's payout ratio for the trailing twelve months (TTM) is 27.44%
• 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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-05 | C$0.28 | quarterly | 2024-11-15 |
2024-08-02 | C$0.28 | quarterly | 2024-08-15 |
2024-05-02 | C$0.28 | quarterly | 2024-05-15 |
2024-02-02 | C$0.28 | quarterly | 2024-02-15 |
2023-11-02 | C$0.25 | quarterly | 2023-11-15 |
2023-08-01 | C$0.25 | quarterly | 2023-08-15 |
2023-05-02 | C$0.25 | quarterly | 2023-05-15 |
2023-02-02 | C$0.25 | quarterly | 2023-02-15 |
2022-11-01 | C$0.21 | quarterly | 2022-11-15 |
2022-08-02 | C$0.21 | quarterly | 2022-08-15 |
2022-05-02 | C$0.21 | quarterly | 2022-05-13 |
2022-02-02 | C$0.21 | quarterly | 2022-02-15 |
2021-11-01 | C$0.18 | quarterly | 2021-11-15 |
2021-07-30 | C$0.18 | quarterly | 2021-08-13 |
2020-01-31 | C$0.18 | quarterly | 2020-02-14 |
2019-11-01 | C$0.17 | quarterly | 2019-11-15 |
2019-08-01 | C$0.17 | quarterly | 2019-08-15 |
2019-05-02 | C$0.17 | quarterly | 2019-05-15 |
2019-02-01 | C$0.17 | quarterly | 2019-02-15 |
2018-11-02 | C$0.15 | quarterly | 2018-11-15 |
2018-07-30 | C$0.15 | quarterly | 2018-08-15 |
2018-05-01 | C$0.15 | quarterly | 2018-05-15 |
2018-02-02 | C$0.15 | quarterly | 2018-02-15 |
2017-11-01 | C$0.12 | quarterly | 2017-11-15 |
2017-07-28 | C$0.12 | quarterly | 2017-08-15 |
2017-04-28 | C$0.12 | quarterly | 2017-05-15 |
2017-02-01 | C$0.12 | quarterly | 2017-02-15 |
2016-10-31 | C$0.12 | quarterly | 2016-11-16 |
2016-08-02 | C$0.12 | quarterly | 2016-08-16 |
2016-05-02 | C$0.12 | quarterly | 2016-05-16 |
2016-01-28 | C$0.12 | quarterly | 2016-02-12 |
2015-10-29 | C$0.10 | quarterly | 2015-11-13 |
2015-07-30 | C$0.10 | quarterly | 2015-08-14 |
2015-04-30 | C$0.10 | quarterly | 2015-05-15 |
2015-01-29 | C$0.10 | quarterly | 2015-02-13 |
2014-10-30 | C$0.09 | quarterly | 2014-11-14 |
2014-07-31 | C$0.09 | quarterly | 2014-08-15 |
2014-05-01 | C$0.09 | quarterly | 2014-05-16 |
2014-01-31 | C$0.09 | quarterly | 2014-02-14 |
2013-10-31 | C$0.07 | quarterly | 2013-11-15 |
2013-08-01 | C$0.07 | quarterly | 2013-08-16 |
2013-05-03 | C$0.07 | quarterly | 2013-05-17 |
2013-01-31 | C$0.07 | quarterly | 2013-02-15 |
MTY Food Dividend per year
MTY Food Dividend growth
MTY Food Dividend Yield
MTY Food current trailing twelve-month (TTM) dividend yield is 1.84%. Interested in purchasing MTY Food stock? Use our calculator to estimate your expected dividend yield:
MTY Food Financial Ratios
MTY Food Dividend FAQ
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.
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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.
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.
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.