Mirvac Group Dividend yield




   AUD/share 
 Price  2.50
 Dividend  0.08
 Earnings  0.14
 Cash-flow  0.12
 Book value  2.50
 Equity  2.46

Mirvac Group is part of Real Estate Investment Trusts business, which is part of Financials industry. Mirvac Group is a company from Australia, and his stocks are publicly traded.

Mirvac Group paid a total dividend of 315 million AUD last year, for a market value of 9,835 millions (Market Cap 9,824 millions). Dividend per share of Mirvac Group is 0.08 AUD, and his stock market price 2.50 AUD.

According to the chart below, where dividend yield is displayed, Mirvac Group has a dividend yield of 3.12%, which is higher than the amount offered by both the market average and companies from Australia. It is also bigger than average of Financials 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 Mirvac Group dividend yield with other Real Estate Investment Trusts companies or firms from Australia.

Dividend yield of Mirvac Group

Mirvac Group Dividend Payout

About the ability of Mirvac Group to maintain his current dividend of AUD 0.08 per share, an amount that accounts for 3.12%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Mirvac Group payout on ernings is currently 57.14%, which is higher than the market average, and companies of Financials industry, which are 38.16% and 41.40% respectively. Both figures show that Mirvac Group 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 Mirvac Group is AUD 0.12 per share, which is higher than the dividend per share paid by the company of AUD 0.08, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Mirvac Group, compared againt world market average, Australia companies, Financials industry and Real Estate Investment Trusts sector companies.

Mirvac Group payout

Mirvac Group Dividend History

Year Yield  AUD  Paypout  Shares* 
Present3.12%0.0857.14%3,934
20202.95%0.0857.14%3,934
20193.31%0.1142.31%3,911
20184.24%0.0931.03%3,711
20173.77%0.0929.03%3,706
20164.83%0.1035.71%3,701
20155.04%0.0952.94%3,701

*In millions

Mirvac Group Stock performance

Finally, last moth Mirvac Group showed a return of 12.10% compared to a worldwide 4.25% average, and a 4.06% of Financials firms. Over the last year, the company obtained a 19.60% versus a worldwide performance of a 53.42%. More detailed information can be seen in the following graph for Australia and Real Estate Investment Trusts firms.

Mirvac Group stock and market return