Magnit PJSC Dividend yield




   RUB/share 
 Price  6,084.50
 Dividend  490.41
 Earnings  355.82
 Cash-flow  1,521.13
 Book value  1,901.41
 Equity  1,902.78

Magnit PJSC is part of Food and Drug Retailers business, which is part of Consumer Services industry. Magnit PJSC is a company from Russia, and his stocks are publicly traded.

Magnit PJSC paid a total dividend of 48,060 million RUB last year, for a market value of 596,281 millions (Market Cap 5,789 millions). Dividend per share of Magnit PJSC is 490.41 RUB, and his stock market price 6,084.50 RUB.

According to the chart below, where dividend yield is displayed, Magnit PJSC has a dividend yield of 8.06%, which is higher than the amount offered by both the market average and companies from Russia. It is also bigger than average of Consumer Services industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Magnit PJSC dividend yield with other Food and Drug Retailers companies or firms from Russia.

Dividend yield of Magnit PJSC

Magnit PJSC Dividend Payout

About the ability of Magnit PJSC to maintain his current dividend of RUB 490.41 per share, an amount that accounts for 8.06%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Magnit PJSC payout on ernings is currently 137.83%, which is higher than the market average, and companies of Consumer Services industry, which are 39.27% and 23.71% respectively. Both figures show that Magnit PJSC can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Magnit PJSC is RUB 1,521.13 per share, which is higher than the dividend per share paid by the company of RUB 490.41, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Magnit PJSC, compared againt world market average, Russia companies, Consumer Services industry and Food and Drug Retailers sector companies.

Magnit PJSC payout

Magnit PJSC Dividend History

Year Yield  RUB  Paypout  Shares* 
Present8.06%490.41137.83%98
20205.37%304.40276.02%98
20198.88%304.1487.91%101
20187.85%272.7976.93%102

*In millions

Magnit PJSC Stock performance

Finally, last moth Magnit PJSC showed a return of 9.70% compared to a worldwide -1.33% average, and a -1.21% of Consumer Services firms. Over the last year, the company obtained a 22.40% versus a worldwide performance of a 31.58%. More detailed information can be seen in the following graph for Russia and Food and Drug Retailers firms.

Magnit PJSC stock and market return