MyState Limited, through its subsidiaries, provides banking, trustee, and managed fund products and services in Australia. The company operates through two segments, Banking and Wealth Management. It offers personal and commercial lending, mortgage lending, savings and investment, and insurance products; and wealth management services under the MyState Bank brand. The company also provides a range of financial services, including managed investments; commercial lending; and trustee services that comprise estate planning, administration, and charitable trusts to individuals and corporate clients under the TPT Wealth brand. MyState Limited was founded in 2009 and is headquartered in Tasmania, Australia.
MyState Dividend Announcement
• MyState announced a semi annually dividend of A$0.12 per ordinary share which will be made payable on 2024-09-16. Ex dividend date: 2024-08-22
• MyState annual dividend for 2024 was A$0.23
• MyState annual dividend for 2023 was A$0.23
• MyState's trailing twelve-month (TTM) dividend yield is 5.72%
• MyState's payout ratio for the trailing twelve months (TTM) is 62.81%
• MyState's dividend growth over the last five years (2018-2023) was -4.08% year
• MyState's dividend growth over the last ten years (2013-2023) was -1.80% year
MyState Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-22 | A$0.12 | semi annually | 2024-09-16 |
2024-02-28 | A$0.12 | semi annually | |
2023-08-23 | A$0.12 | semi annually | 2023-09-19 |
2023-02-28 | A$0.12 | semi annually | 2023-03-21 |
2022-08-18 | A$0.12 | semi annually | 2022-09-07 |
2022-02-23 | A$0.12 | semi annually | 2022-03-15 |
2021-08-25 | A$0.13 | semi annually | 2021-09-21 |
2021-02-24 | A$0.12 | semi annually | 2021-03-16 |
2020-02-28 | A$0.14 | semi annually | 2020-04-02 |
2019-08-29 | A$0.14 | semi annually | 2019-10-01 |
2019-03-01 | A$0.14 | semi annually | 2019-03-29 |
2018-08-23 | A$0.14 | semi annually | 2018-09-25 |
2018-03-02 | A$0.14 | semi annually | 2018-03-29 |
2017-08-23 | A$0.14 | semi annually | 2017-09-13 |
2017-02-22 | A$0.14 | semi annually | 2017-03-10 |
2016-09-01 | A$0.14 | semi annually | 2016-10-03 |
2016-02-29 | A$0.14 | semi annually | |
2015-09-09 | A$0.14 | semi annually | 2015-10-02 |
2015-03-02 | A$0.14 | semi annually | 2015-03-24 |
2014-09-10 | A$0.14 | semi annually | 2014-10-03 |
2014-03-06 | A$0.14 | semi annually | 2014-04-04 |
2013-09-09 | A$0.14 | semi annually | 2013-10-04 |
2013-03-07 | A$0.14 | semi annually | 2013-04-05 |
MyState Dividend per year
MyState Dividend growth
MyState Dividend Yield
MyState current trailing twelve-month (TTM) dividend yield is 5.72%. Interested in purchasing MyState stock? Use our calculator to estimate your expected dividend yield:
MyState Financial Ratios
MyState Dividend FAQ
Other factors to consider when evaluating MyState 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: MyState'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, MyState 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, MyState 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 MyState 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: MyState 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, MyState distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: MyState 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 MyState'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 MyState'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.