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MATW Matthews International dividend history, payout ratio & dates

  1. Stocks
  2. Industrials
  3. NASDAQ: MATW
  4. Dividend

Matthews International's most recent quarterly dividend was on Nov 24, 2023 (ex-date) with a cash dividend payment of $0.24 per share. On an annualized basis, the company has a current payout of $0.93 per share. This brings the dividend yield to 2.69% based on its recent close price. The latest dividend has increased by $0.01, or 4.3% from the previous payment.

Key dates

  • MATW last dividend date: Nov 24, 2023
  • MATW next dividend date: Not announced
Peer dividends: SCI CSV HI
MATW dividend stats
DPS
$0.93
Dividend yield
2.73%
Payout ratio
72.7%
vs. Industrials sector
Dividend yield
1.52%
Payout ratio
30.7%

Dividend yield

What is Matthews International current dividend yield

MATW has a dividend yield of 2.69% which is above the Industrials sector average. Compared to its Industrials sector average of 1.52%, Matthews International's dividend yield is 77% higher. The historical 5-year average of MATW's dividend yield is 2.6%, which is similar to the current yield.

Dividend history

What is MATW dividend payout history and dates

Matthews International has been paying dividends since 1995. MATW has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 4.5% for the last year. But since the stock price has gone up by 9% from a year ago, the dividend yield has decreased by 4.6%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Nov 24, 2023 Dec 11, 2023 Nov 15, 2023 $0.24 normal
Aug 4, 2023 Aug 21, 2023 Jul 26, 2023 $0.23 normal
May 5, 2023 May 22, 2023 Apr 26, 2023 $0.23 normal
Feb 3, 2023 Feb 20, 2023 Jan 25, 2023 $0.23 normal
Nov 25, 2022 Dec 12, 2022 Nov 16, 2022 $0.23 normal
Aug 5, 2022 Aug 22, 2022 Jul 27, 2022 $0.22 normal
May 6, 2022 May 23, 2022 Apr 28, 2022 $0.22 normal
Feb 4, 2022 Feb 21, 2022 Jan 27, 2022 $0.22 normal
Nov 26, 2021 Dec 13, 2021 Nov 17, 2021 $0.22 normal
Aug 6, 2021 Aug 23, 2021 Jul 28, 2021 $0.215 normal
May 7, 2021 May 24, 2021 Apr 28, 2021 $0.215 normal
Feb 5, 2021 Feb 22, 2021 Jan 27, 2021 $0.215 normal
Nov 27, 2020 Dec 14, 2020 Nov 18, 2020 $0.215 normal
Jul 31, 2020 Aug 17, 2020 Jul 23, 2020 $0.21 normal
May 1, 2020 May 18, 2020 Apr 22, 2020 $0.21 normal
Jan 31, 2020 Feb 17, 2020 Jan 23, 2020 $0.21 normal
Nov 22, 2019 Dec 9, 2019 Nov 13, 2019 $0.21 normal
Aug 2, 2019 Aug 19, 2019 Jul 25, 2019 $0.2 normal
May 3, 2019 May 20, 2019 Apr 25, 2019 $0.2 normal
Feb 1, 2019 Feb 18, 2019 Jan 24, 2019 $0.2 normal
Nov 23, 2018 Dec 10, 2018 Nov 15, 2018 $0.2 normal
Jul 27, 2018 Aug 13, 2018 Jul 19, 2018 $0.19 normal
Apr 27, 2018 May 14, 2018 Apr 19, 2018 $0.19 normal
Feb 2, 2018 Feb 19, 2018 Jan 25, 2018 $0.19 normal
Nov 24, 2017 Dec 11, 2017 Nov 16, 2017 $0.19 normal
Jul 27, 2017 Aug 14, 2017 Jul 20, 2017 $0.17 normal
Apr 27, 2017 May 15, 2017 Apr 20, 2017 $0.17 normal
Feb 2, 2017 Feb 20, 2017 Jan 26, 2017 $0.17 normal
Nov 23, 2016 Dec 12, 2016 Nov 17, 2016 $0.17 normal
Jul 28, 2016 Aug 15, 2016 Jul 21, 2016 $0.15 normal
Apr 28, 2016 May 16, 2016 Apr 21, 2016 $0.15 normal

Matthews International dividend payout ratio

What is Matthews International dividend payout ratio compared to the sector

Payout ratio

MATW has a payout ratio of 72.7% which is higher than the Industrials sector average. If we compare it with the Industrials sector average of 30.6%, Matthews International's payout ratio is 138% higher.

Total amount of dividends paid per financial year (from cash flow)

MATW dividend vs peer dividends

How does MATW dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
MATW Matthews International Corp 2.73% $0.93 72.7%
HI Hillenbrand Inc 2.29% $0.88 10.8%
CSV Carriage Services Inc 2.02% $0.45 22.4%
SCI Service Corp International 1.8% $1.1 34.1%

Frequently asked questions

Does Matthews International pay a dividend?

Yes, Matthews International has been paying dividends for the last 29 years.

When is Matthews International's next dividend?

MATW hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in February 2024.

When was MATW's last dividend?

Matthews International's last regular dividend was on Nov 24, 2023 (ex-date) with the amount of $0.24 per share.

How much dividend does Matthews International pay (per share)?

MATW has paid dividend of $0.93 per share in the last year.

What is Matthews International's dividend yield?

Matthews International's current dividend yield is 2.69%.

How often does Matthews International pay dividends?

Matthews International has a quarterly dividend frequency.

What is Matthews International's dividend payout ratio?

Matthews International's dividend payout ratio is 72.7%.

Does Matthews International pay a good dividend?

Matthews International's dividend yield is above the Industrials sector average.