Monro dividend yield calculator – Monro Announces 0.28 Cash Dividend
June 11, 2023
🌥️Dividends Yield
On June 1, 2023, Monro ($NASDAQ:MNRO) Inc. announced a 0.28 cash dividend. Investors may want to consider the stock as a potential addition to their portfolio due to its consistent yield. Over the last three years, the company has issued an annual dividend per share of 1.12 USD, resulting in a total dividend yield of 2.36% from 2020 to 2021. The ex-dividend date is June 2, 2023, meaning shareholders on record as of this date will have the right to receive the dividend payment.
This is an attractive option for those looking to invest in a dividend stock with a proven track record of steady returns. Investors should also consider any potential risks related to investing in Monro, such as changes in the company’s business model or financial performance.
Stock Price
In response to this news, the stock opened at $41.5 and closed at $41.3, representing a 0.1% decrease from the previous closing price of $41.4. This announcement may have added some downward pressure to the stock price as investors take into account the dividend payout. Monro_Announces_0.28_Cash_Dividend”>Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Monro. More…
| Total Revenues | Net Income | Net Margin |
| 1.33k | 39.05 | 2.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Monro. More…
| Operations | Investing | Financing |
| 217.71 | -109.8 | -85.97 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Monro. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.78k | 1.08k | 22.33 |
Key Ratios Snapshot
Some of the financial key ratios for Monro are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 1.8% | -7.8% | 6.1% |
| FCF Margin | ROE | ROA |
| 13.5% | 7.2% | 2.8% |
Analysis – Monro Intrinsic Stock Value
At GoodWhale, we have recently conducted an analysis on MONRO‘s wellbeing. We came to the conclusion that MONRO’s fair value is around $57.1, which is calculated using our proprietary Valuation Line. Currently, MONRO stock is traded at $41.3, which means it’s undervalued by 27.7%. This provides an opportunity to investors who want to take advantage of the market and buy in now. We highly recommend investors do further research on MONRO and consider investing in the company if it fits with their overall strategy. More…
Peers
Monro Inc is in a fiercely competitive market, with HyUnion Holding Co Ltd, Strattec Security Corp, and Odyne Corp all vying for the top spot. Monro Inc has been striving to stay ahead by providing high-quality products and services, and by continuously innovating to meet the ever-changing demands of the market.
– HyUnion Holding Co Ltd ($SZSE:002537)
HyUnion Holding Co Ltd is a Chinese multinational conglomerate that specializes in the engineering, manufacturing, and sales of industrial equipment and services. The company has a market capitalization of 9 billion dollars as of 2023, and a return on equity of 3.11%. This indicates that the company has a strong financial position and is able to generate a reasonable return on its shareholders’ investments. The company’s strong financial performance likely stems from its diversified portfolio of products and services which includes engineering, manufacturing, and sales of industrial equipment and services. This diversification has allowed HyUnion to remain competitive in the global market and remain profitable despite a challenging economy.
– Strattec Security Corp ($NASDAQ:STRT)
Strattec Security Corp is a Milwaukee, Wisconsin-based automotive, commercial and consumer lock manufacturer. The company has an impressive market capitalization of 82.51 million dollars as of 2023, which is indicative of its strong financial standing and success in the industry. Additionally, its return on equity of 3.05% demonstrates that the company is able to efficiently utilize its resources to generate a healthy return on its investments. Strattec specializes in producing a wide range of automotive locks and keys, including the popular V.A.T.S., P.A.T.S., and Ignition Lock Cylinder systems. The company also provides aftermarket products such as locks, key blanks, and other related accessories.
– Odyne Corp ($OTCPK:ODYC)
Odyne Corp is a leading provider of advanced hybrid systems for medium and heavy-duty vehicles. With a market cap of 70.14k as of 2023, Odyne Corp is a relatively small company in terms of capitalization. Its Return on Equity (ROE) of -323.07% is an indication of the company’s financial challenges and a lack of profitability. The company has been making efforts to improve its financial performance by focusing on cost-saving measures and expanding its customer base. In addition, the company has been investing heavily in research and development to develop innovative solutions that can help reduce emissions and fuel consumption in commercial vehicles.
Summary
MONRO is a dividend stock that has shown consistent yield over the past three years. Its annual dividend per share has been 1.12 USD, resulting in a total dividend yield of 2.36%. For investors who are looking for steady income without a lot of risk, MONRO may be a good option. Analyzing the company’s financials and its market positioning can help potential investors assess the potential return on their investment and make an informed decision before investing in the stock.
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