Mullen Group dividend calculator – Mullen Group Ltd Declares 0.06 Cash Dividend

Dividends Yield

On March 25 2023, Mullen Group ($BER:9MU) Ltd Declares 0.06 Cash Dividend for all common shareholders of record. Mullen Group has maintained the same annual dividend per share of $0.68 CAD for the past three years, yielding an average return of 5.13%. This makes them an attractive choice for investors looking for dividend stocks. The ex-dividend date for this dividend payment is set for March 30, 2023. This means that if you purchase shares before March 30, you will be eligible to receive the dividend payment.

If you’re interested in stocks that pay dividends, MULLEN GROUP may be a good choice for you. This announcement shows the company’s commitment to rewarding investors. Their commitment to maintaining a consistent dividend level is a sign that investors can continue to expect a steady stream of dividend income from MULLEN GROUP in the future.

Stock Price

On Monday, Mullen Group stock opened at €9.8 and closed at €10.0, representing a 2.6% increase from its prior closing price of €9.7. This is a positive sign of the company’s financial health, indicating that investors have placed confidence in its ability to generate returns. This dividend will be paid out to shareholders at the end of the third quarter.

It serves as a reward to shareholders who have placed their trust in the company, as well as an incentive to potential investors. In addition to rewarding its shareholders, this dividend also serves as an indicator of Mullen Group’s commitment to long-term growth and stability. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Mullen Group. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Mullen Group. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Mullen Group. More…

Key Ratios Snapshot

Some of the financial key ratios for Mullen Group are shown below. More…

Analysis

GoodWhale is pleased to provide an analysis of MULLEN GROUP‘s fundamentals. Our Star Chart rating system gives MULLEN GROUP an impressive health score of 8/10, indicating that the company has strong cashflows and debt and is capable of weathering any crisis without the risk of bankruptcy. Upon further investigation, we have classified MULLEN GROUP as a ‘cheetah’ type of company, which we define as a company that has achieved high revenue or earnings growth but is considered to be less stable due to lower profitability. Given MULLEN GROUP’s strengths in dividend, growth, and medium in asset and profitability, we believe that this type of company may be attractive to certain investors looking for long-term investments. Investors interested in capitalizing on growth and dividend potential may find this investment opportunity attractive. Ultimately, it is up to the individual investor to analyze their own risk tolerances and determine if MULLEN GROUP is an appropriate investment for their portfolio. More…

Summary

Mullen Group is a dividend paying stock with a reliable track record of paying out a steady and consistent dividend of $0.68 CAD per share for the past three years. The average dividend yield for the company stands at 5.13%, which is more than the market average. Analyzing this stock can be an attractive option for dividend investors who are looking for an investment with a steady income and the potential to grow.

The company has a solid balance sheet, healthy cash flow, and strong operating history, which indicate potential for growth. It is important to consider the risks associated with investing such as potential volatility of stock prices, changing economic conditions, and other factors that could affect the company’s performance.