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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 4.22%
Myer's payout ratio for the trailing twelve months (TTM) is 161.22%

Myer Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-03A$0.01semi annually2024-11-21
2024-03-27A$0.03semi annually
2023-09-27A$0.01semi annually2023-11-16
2023-03-22A$0.04semi annually2023-05-11
2022-09-28A$0.03semi annually2022-11-07
2022-03-23A$0.01semi annually2022-05-12
2017-09-27A$0.02semi annually2017-11-09
2017-03-24A$0.03semi annually2017-05-04
2016-09-28A$0.03semi annually2016-11-10
2016-03-24A$0.02semi annually2016-05-05
2015-03-26A$0.07semi annually2015-05-07
2014-09-25A$0.05semi annually2014-11-13
2014-03-25A$0.08semi annually2014-05-08
2013-09-24A$0.07semi annually2013-11-14
2013-03-22A$0.09semi annually2013-05-09
2012-09-24A$0.08semi annually2012-11-14
2012-03-26A$0.09semi annually2012-05-10
2011-09-26A$0.11semi annually2011-11-16
2011-03-25A$0.10semi annually2011-05-12
2010-09-24A$0.11semi annually2010-11-04
2010-03-19A$0.10semi annually2010-05-06

Myer Dividend per year

Myer Dividend growth

Myer Dividend Yield

Myer current trailing twelve-month (TTM) dividend yield is 4.22%. Interested in purchasing Myer stock? Use our calculator to estimate your expected dividend yield:

Myer Financial Ratios

P/E ratio15.13
PEG ratio5.01
P/B ratio2.45
ROE17.52%
Payout ratio161.22%
Current ratio0.96
Quick ratio0.44
Cash Ratio0.38

Myer Dividend FAQ

How much is the next Myer dividend?
Myer's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Myer dividend. The next Myer dividend will be released in March, or September.
When is Myer dividend paid?
Myer pays dividends on a semi annually basis. The specific dates may vary each year but are generally around March, and September. 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 Myer pay?
The specific amount of Myer 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 Myer's dividend history.
Does Myer stock pay dividends?
Yes, Myer 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 Myer's dividend history.
How much dividend does Myer pay?
Myer paid A$0.035 in 2024, A$0.05 in 2023, A$0.04 in 2022, A$0.0 in 2021, and A$0.0 in 2020.
How often does Myer pay dividends?
Myer typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around March, and September.
What is Myer's dividend yield?
The current dividend yield for Myer is 4.22%. 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 Myer's exact dividend yield.
When does Myer go ex dividend?
Myer's ex-dividend date for the latest dividend was on 2024-10-03. Myer 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 Myer dividend paid?
Myer pays dividends on a semi annually basis, typically around March, or September, but the exact dates can vary each year.
Will Myer 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 Myer 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 Myer dividend per share?
Myer paid A$0.035 per share in 2024 and A$0.05 per share in 2023. The amount of dividend per share that Myer 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 Myer 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 Myer 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 Myer a dividend stock?
Yes, Myer is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Myer a good dividend stock?
Whether Myer is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Myer has a history of paying regular dividends, which can make it attractive to income-focused investors.

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.
Does Myer pay dividends monthly?
Myer typically pays dividends on a semi annually basis.
Does Myer pay dividends quarterly?
Myer currently pays dividends on a semi annually basis.
Has Myer ever paid a dividend?
Yes, Myer has a history of paying dividends to its shareholders. Myer is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Myer dividend stocks?
To buy Myer 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 Myer 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 Myer pay dividends 2024?
Myer pays dividends on a semi annually basis. 2024 dividend payments are in 2024-11-21. 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 Myer increase its dividend in 2024?
Decisions regarding Myer 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 Myer dividend overview you can look into the above table of dividend history.
How Myer dividend works?
The Myer 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 Myer's dividend process works:

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.
How are Myer dividends paid?
Myer dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

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.
How many times does Myer pay dividends?
Myer typically pays dividends on a semi 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 Myer pay dividends?
The general pattern is that Myer pays dividends around March, and September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Myer dividend safe?
The safety of Myer'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 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.