Metcash Dividend yield

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

Metcash stock dividend

Metcash paid a total dividend of 213 million AUD last year, for a market value of 3,603 millions (Market Cap 3,600 millions). Metcash dividend per share is 0.22 AUD, and his stock market price 3.73 AUD.

According to the chart below, where dividend yield is displayed, Metcash has a dividend yield of 6.03%, which is higher than the amount offered by both the market average and companies from Australia. 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 Metcash stocks dividend with other Food and Drug Retailers companies or other of the high Australia dividend stocks list.

Metcash Dividend Payout

About the ability of Metcash to maintain his current dividend of AUD 0.22 per share, an amount that accounts for 6.03%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Metcash payout on ernings is currently 75.86%, which is higher than the market average, and companies of Consumer Services industry, which are 39.34% and 31.45% respectively. Both figures show that Metcash 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 Metcash is AUD 0.38 per share, which is higher than the dividend per share paid by the company of AUD 0.22, so the company generates enough cash to maintain his dividend in the future.

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

Metcash Dividend History

Below you will find a table with the historical evolution of Metcash's dividend stock, both in percentage and in AUD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	AUD	Paypout	Shares*
Present	6.03%	0.22	75.86%	966
2022	5.65%	0.22	78.57%	966
2021	4.44%	0.20	71.43%	966
2020	4.29%	0.15	0.00%	1,016
2019	5.06%	0.13	54.17%	909
2018	5.51%	0.13	-100.00%	909
2017	3.37%	0.11	55.00%	976
2016	0.00%	0.00	0.00%	928
2015	0.00%	0.00	0.00%	928

*In millions

Then you can see the evolution of Metcash dividend stock, and compare it with the average of Australia stocks and that of the Food and Drug Retailers stocks.

Metcash Stock performance

Finally, last moth Metcash showed a return of 3.60% compared to a worldwide -2.49% average, and a -3.06% of Consumer Services firms. Over the last year, the company obtained a -9.50% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Australia and Food and Drug Retailers firms.