Metcash Dividend yield

 Price  3.98
 Dividend  0.22
 Earnings  0.28
 Cash-flow  0.45
 Book value  1.11
 Equity  1.23

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 paid a total dividend of 213 million AUD last year, for a market value of 3,845 millions (Market Cap 3,842 millions). Dividend per share of Metcash is 0.22 AUD, and his stock market price 3.98 AUD.

According to the chart below, where dividend yield is displayed, Metcash has a dividend yield of 5.65%, 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 dividend yield with other Food and Drug Retailers companies or firms from Australia.

Dividend yield of Metcash

Metcash Dividend Payout

About the ability of Metcash to maintain his current dividend of AUD 0.22 per share, an amount that accounts for 5.65%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Metcash payout on ernings is currently 78.57%, which is higher than the market average, and companies of Consumer Services industry, which are 41.22% and 30.83% 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 0.45 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 payout

Metcash Dividend History

Year Yield  AUD  Paypout  Shares* 

*In millions

Metcash Stock performance

Finally, last moth Metcash showed a return of -5.00% compared to a worldwide -2.30% average, and a -1.31% of Consumer Services firms. Over the last year, the company obtained a -11.60% versus a worldwide performance of a -5.85%. More detailed information can be seen in the following graph for Australia and Food and Drug Retailers firms.

Metcash stock and market return