Mercer International's most recent quarterly dividend payment of $0.075 per share was made to shareholders on record before Sep 27, 2022. At an annualized rate of $0.29 per share, the stock yields 2.36%.
Mercer International's dividend yield of 2.36% is higher than the Basic Materials sector average. But in comparison with the Basic Materials sector average of 2.26%, Mercer International's dividend yield is only 4.4% higher. The historical 5-year average of MERC's dividend yield is 3.6%, which is higher than the current one.
Mercer International has a dividend history dating as far as 1997, but lately the company has been paying dividends for the last seven consecutive years. According to our data MERC has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 12% for the last year. And since the stock price has gone up by 6% from a year ago, the dividend yield has increased by 6%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Sep 27, 2022 | Oct 5, 2022 | Jul 28, 2022 | $0.075 | normal |
| Jun 28, 2022 | Jul 7, 2022 | Apr 28, 2022 | $0.075 | normal |
| Mar 29, 2022 | Apr 6, 2022 | Feb 17, 2022 | $0.075 | normal |
| Dec 21, 2021 | Dec 30, 2021 | Oct 28, 2021 | $0.065 | normal |
| Sep 28, 2021 | Oct 6, 2021 | Jul 29, 2021 | $0.065 | normal |
| Jun 29, 2021 | Jul 7, 2021 | Apr 29, 2021 | $0.065 | normal |
| Mar 30, 2021 | Apr 7, 2021 | Feb 16, 2021 | $0.065 | normal |
| Dec 22, 2020 | Dec 30, 2020 | Oct 29, 2020 | $0.065 | normal |
| Sep 28, 2020 | Oct 6, 2020 | Jul 30, 2020 | $0.065 | normal |
| Jun 24, 2020 | Jul 7, 2020 | Apr 30, 2020 | $0.065 | normal |
| Mar 24, 2020 | Apr 1, 2020 | Feb 13, 2020 | $0.138 | normal |
| Dec 11, 2019 | Dec 19, 2019 | Oct 31, 2019 | $0.138 | normal |
| Sep 24, 2019 | Oct 2, 2019 | Aug 1, 2019 | $0.138 | normal |
| Jun 21, 2019 | Jul 3, 2019 | May 2, 2019 | $0.138 | normal |
| Mar 26, 2019 | Apr 3, 2019 | Feb 14, 2019 | $0.125 | normal |
| Dec 12, 2018 | Dec 20, 2018 | Oct 25, 2018 | $0.125 | normal |
| Sep 25, 2018 | Oct 3, 2018 | Jul 26, 2018 | $0.125 | normal |
| Jun 26, 2018 | Jul 6, 2018 | May 3, 2018 | $0.125 | normal |
| Mar 27, 2018 | Apr 4, 2018 | Feb 15, 2018 | $0.125 | normal |
| Dec 26, 2017 | Jan 4, 2018 | Oct 26, 2017 | $0.125 | normal |
| Sep 26, 2017 | Oct 4, 2017 | Jul 27, 2017 | $0.115 | normal |
| Jun 23, 2017 | Jul 6, 2017 | Apr 27, 2017 | $0.115 | normal |
| Mar 24, 2017 | Apr 4, 2017 | Feb 9, 2017 | $0.115 | normal |
| Dec 20, 2016 | Jan 4, 2017 | Oct 27, 2016 | $0.115 | normal |
| Sep 22, 2016 | Oct 4, 2016 | Jul 28, 2016 | $0.115 | normal |
| Jun 23, 2016 | Jul 7, 2016 | Apr 28, 2016 | $0.115 | normal |
Mercer International's payout ratio of 6.3% is below the Basic Materials sector average. Compared to its Basic Materials sector average of 26.9%, Mercer International's payout ratio is 77% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| RYN Rayonier Inc | 3.7% | $1.11 | 118.1% |
| MERC Mercer International Inc | 2.28% | $0.29 | 6.3% |
Yes, Mercer International has paid four dividends in the last 12 months. MERC has been paying dividends since 2015.
MERC 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 December 2022.
Mercer International's last regular dividend was on Sep 27, 2022 (ex-date) with the amount of $0.075 per share.
MERC has paid dividend of $0.29 per share in the last year.
Mercer International's current dividend yield is 2.36%.
Mercer International has a quarterly dividend frequency.
Mercer International's dividend payout ratio is 6.3%.
Mercer International's dividend yield is in line with the Basic Materials sector average.