Myer Holdings Limited, together with its subsidiaries, operates department stores in Australia. It offers womenswear, menswear, childrenswear, homewares, beauty products, electrical goods, toys, gift products, and general merchandise. The company operates 58 stores under the Myer brand name. It is also involved in the online retailing business under the sass & bide, and Marcs and David Lawrence brand names. In addition, the company provides customer loyalty programs. Myer Holdings Limited was founded in 1900 and is based in Docklands, Australia.
Myer Dividend Announcement
• Myer announced a semi annually dividend of A$0.01 per ordinary share which will be made payable on 2024-11-21. Ex dividend date: 2024-10-03
• Myer annual dividend for 2024 was A$0.03
• Myer annual dividend for 2023 was A$0.05
• Myer's trailing twelve-month (TTM) dividend yield is 2.93%
• Myer's payout ratio for the trailing twelve months (TTM) is 76.32%
Myer Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-03 | A$0.01 | semi annually | 2024-11-21 |
2024-03-27 | A$0.03 | semi annually | 2024-05-16 |
2023-09-27 | A$0.01 | semi annually | 2023-11-16 |
2023-03-22 | A$0.04 | semi annually | 2023-05-11 |
2022-09-28 | A$0.03 | semi annually | 2022-11-07 |
2022-03-23 | A$0.01 | semi annually | 2022-05-12 |
2017-09-27 | A$0.02 | semi annually | 2017-11-09 |
2017-03-24 | A$0.03 | semi annually | 2017-05-04 |
2016-09-28 | A$0.03 | semi annually | 2016-11-10 |
2016-03-23 | A$0.02 | semi annually | 2016-05-05 |
2015-03-25 | A$0.07 | semi annually | 2015-05-07 |
2014-09-25 | A$0.06 | semi annually | 2014-11-13 |
2014-03-24 | A$0.09 | semi annually | 2014-05-08 |
2013-09-24 | A$0.08 | semi annually | 2013-11-14 |
2013-03-21 | A$0.10 | semi annually | 2013-05-09 |
2012-09-24 | A$0.09 | semi annually | 2012-11-14 |
2012-03-25 | A$0.10 | semi annually | 2012-05-10 |
2011-09-26 | A$0.12 | semi annually | 2011-11-16 |
2011-03-24 | A$0.11 | semi annually | 2011-05-12 |
2010-09-24 | A$0.12 | semi annually | 2010-11-04 |
2010-03-18 | A$0.10 | semi annually | 2010-05-06 |
Myer Dividend per year
Myer Dividend growth
Myer Dividend Yield
Myer current trailing twelve-month (TTM) dividend yield is 2.93%. Interested in purchasing Myer stock? Use our calculator to estimate your expected dividend yield:
Myer Financial Ratios
Myer Dividend FAQ
Other factors to consider when evaluating Myer 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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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: Myer'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, Myer 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, Myer 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 Myer 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: Myer 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, Myer distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Myer 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 Myer'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 Myer'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.