MGPI Mgp Ingredients dividend history, payout ratio & dates
Mgp Ingredients's last dividend of $0.12 per share was on Nov 15, 2024 (ex-date). At an annualized rate of $0.48 per share, the stock yields 1.03%.
Key dates
- MGPI last dividend date: Nov 15, 2024
MGPI dividend stats
vs. Consumer Defensive sector
Dividend yield
MGPI has a dividend yield of 1.03% which is lower than the Consumer Defensive sector, the industry and its peers average. If we compare it with the Consumer Defensive sector average of 2.56%, Mgp Ingredients's dividend yield is 60% lower. The current dividend yield is more than the historical average of 0.7% of the last 5 years.
Dividend history
Mgp Ingredients has a dividend history dating as far as 1995, but when it comes to recent years the company has recorded 13 consecutive years of dividend payments. Our records of MGPI show that the company has issued four dividends in the last twelve months. The annualized DPS has not changed since one year ago. However with the stock price down by 48% from a year ago, the dividend yield marks an increase of 94%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Nov 15, 2024 | $0.12 | 0.97% |
| Aug 16, 2024 | $0.12 | 0.55% |
| May 16, 2024 | $0.12 | 0.59% |
| Mar 14, 2024 | $0.12 | 0.58% |
| Nov 16, 2023 | $0.12 | 0.51% |
| Aug 17, 2023 | $0.12 | 0.41% |
| May 18, 2023 | $0.12 | 0.47% |
| Mar 9, 2023 | $0.12 | 0.5% |
| Nov 17, 2022 | $0.12 | 0.4% |
| Aug 18, 2022 | $0.12 | 0.42% |
| May 19, 2022 | $0.12 | 0.51% |
| Mar 10, 2022 | $0.12 | 0.62% |
| Nov 18, 2021 | $0.12 | 0.63% |
| Aug 19, 2021 | $0.12 | 0.79% |
| May 20, 2021 | $0.12 | 0.72% |
| Mar 11, 2021 | $0.12 | 0.72% |
| Nov 19, 2020 | $0.12 | 1.13% |
| Aug 20, 2020 | $0.12 | 1.28% |
| May 21, 2020 | $0.12 | 1.25% |
| Mar 12, 2020 | $0.12 | 1.82% |
| Nov 13, 2019 | $0.1 | 0.89% |
| Aug 13, 2019 | $0.1 | 0.75% |
| May 14, 2019 | $0.1 | 0.55% |
| Mar 12, 2019 | $0.1 | 0.42% |
| Nov 14, 2018 | $0.08 | 0.46% |
| Aug 15, 2018 | $0.08 | 0.37% |
| May 15, 2018 | $0.08 | 0.28% |
| Mar 8, 2018 | $0.08 | 0.25% |
| Nov 13, 2017 | $0.04 | 0.21% |
| Aug 16, 2017 | $0.04 | 0.23% |
| May 11, 2017 | $0.04 | 0.22% |
| Feb 27, 2017 | $0.04 | 0.36% |
| Nov 9, 2016 | $0.02 | 0.29% |
| Aug 11, 2016 | $0.02 | 0.29% |
| Mar 17, 2016 | $0.08 | 0.33% |
| Mar 24, 2015 | $0.06 | 0.39% |
Mgp Ingredients dividend payout ratio
Payout ratio
MGPI has a payout ratio of 10% which is lower than the Consumer Defensive sector, the industry and its peers average. In comparison with the Consumer Defensive sector average of 53.6%, Mgp Ingredients's payout ratio is 81% lower.
Total amount of dividends paid per financial year (from cash flow)
MGPI dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| ADM Archer-Daniels-Midland Co | 3.76% | $2 | 56.7% |
| BG Bunge LTD | 3.06% | $2.7 | 33.9% |
| VLO Valero Energy Corp | 3.03% | $4.28 | 37.8% |
| INGR Ingredion Inc | 2.18% | $3.14 | 30.2% |
| DD DuPont de Nemours Inc | 1.81% | $1.5 | 77.3% |
| MGPI Mgp Ingredients Inc | 1.03% | $0.48 | 10% |
Frequently asked questions
Does Mgp Ingredients pay a dividend?
Yes, Mgp Ingredients has been paying dividends for the last 13 years.
When was MGPI's last dividend?
Mgp Ingredients's last dividend ex-date was on Nov 15, 2024. The dividend amount was $0.12 per share.
How much dividend does Mgp Ingredients pay (per share)?
MGPI's annualized dividend per share is $0.48.
What is Mgp Ingredients's dividend yield?
Currently Mgp Ingredients's dividend yield is 1.03%.
How often does Mgp Ingredients pay dividends?
Mgp Ingredients pays four dividends per year.
What is Mgp Ingredients's dividend payout ratio?
Mgp Ingredients's dividend payout ratio is 10%.
Does Mgp Ingredients pay a good dividend?
Mgp Ingredients's dividend yield is less than the Consumer Defensive sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.