Metro (TSX:MRU) Dividend Payout Ratio : 0.37 (As of Mar. 2024)

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What is Metro Dividend Payout Ratio?

Metro's dividend payout ratio for the months ended in Mar. 2024 was 0.37.

The historical rank and industry rank for Metro's Dividend Payout Ratio or its related term are showing as below:

TSX:MRU' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.21 Med: 0.26 Max: 0.29
Current: 0.29

During the past 13 years, the highest Dividend Payout Ratio of Metro was 0.29. The lowest was 0.21. And the median was 0.26.

TSX:MRU's Dividend Payout Ratio is ranked better than
58.33% of 180 companies
in the Retail - Defensive industry
Industry Median: 0.32 vs TSX:MRU: 0.29

As of today (2024-05-02), the Dividend Yield % of Metro is 1.77%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Metro was 1.81%. The lowest was 1.05%. And the median was 1.46%.

Metro's Dividends per Share for the months ended in Mar. 2024 was C$0.34.

During the past 12 months, Metro's average Dividends Per Share Growth Rate was 10.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 10.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 12.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Metro was 23.00% per year. The lowest was 1.00% per year. And the median was 15.20% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Metro Dividend Payout Ratio Historical Data

The historical data trend for Metro's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Metro Dividend Payout Ratio Chart

Metro Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Dividend Payout Ratio

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0.28

0.27

0.21

0.28

0.27

Metro Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.32	0.22	0.32	0.30	0.37

Competitive Comparison of Metro's Dividend Payout Ratio

For the Grocery Stores subindustry, Metro's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Metro's Dividend Payout Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Metro's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Metro's Dividend Payout Ratio falls into.

Metro Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Metro's Dividend Payout Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Sep. 2023 )	/	EPS without NRI (A: Sep. 2023 )
	=	1.183	/	4.336
	=	0.27

Metro's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	0.335	/	0.91
	=	0.37

Metro (TSX:MRU) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Metro Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Metro's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Metro (TSX:MRU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Metro Inc (TSX:MRU) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

MTRAF:USA 62M:Germany

Address

11011 Maurice-Duplessis, Finances, Montreal, Montreal, QC, CAN, H1C 1V6

Website

https://www.metro.ca

Metro is the third-largest grocery retailer in Canada (behind Loblaw and Sobeys) and also owns the top pharmacy chain in Quebec, Jean Coutu, following the 2018 acquisition. Its grocery banners include supermarket chain Metro, discounters Super C and Food Basics, and ethnic food grocer Adonis, while its pharmacies primarily operate under the Jean Coutu and Brunet trademarks. Metro operates both as a food retailer and a franchisor, licensing its trademarks and supplying merchandise to registered pharmacists. The firm also acts as a wholesaler and distributor to serve smaller, neighborhood grocery stores. Unlike peers Loblaw and Sobeys that operate chain stores across Canada, Metro's operations are concentrated in the provinces of Quebec and Ontario, with no presence in western Canada.

Metro (TSX:MRU) Headlines

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