Monro's latest quarterly dividend was on Dec 5, 2022 (ex-date) with a payout of $0.28 per share. On an annualized basis, the company has a current payout of $1.1 per share. This brings the dividend yield to 2.1% based on its recent close price.
MNRO has a dividend yield of 2.1% which is lower than the Consumer Cyclical sector and the industry average. In comparison with the Consumer Cyclical sector average of 2.25%, Monro's dividend yield is 7% lower. The historical 5-year average of MNRO's dividend yield is 1.6%, which is lower than the current one.
Monro has been paying dividends since 2006. MNRO has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 12% since twelve months ago. But with the price of the stock up by 18% from a year ago, the dividend yield has a decrease of 4.4%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Dec 5, 2022 | Dec 20, 2022 | Nov 22, 2022 | $0.28 | normal |
| Aug 22, 2022 | Sep 6, 2022 | Aug 19, 2022 | $0.28 | normal |
| Jun 3, 2022 | Jun 20, 2022 | May 19, 2022 | $0.28 | normal |
| Mar 8, 2022 | Mar 23, 2022 | Feb 11, 2022 | $0.26 | normal |
| Dec 6, 2021 | Dec 21, 2021 | Nov 23, 2021 | $0.26 | normal |
| Aug 20, 2021 | Sep 7, 2021 | Aug 18, 2021 | $0.26 | normal |
| Jun 4, 2021 | Jun 21, 2021 | May 20, 2021 | $0.24 | normal |
| Mar 9, 2021 | Mar 24, 2021 | Feb 12, 2021 | $0.22 | normal |
| Dec 7, 2020 | Dec 22, 2020 | Nov 24, 2020 | $0.22 | normal |
| Aug 21, 2020 | Sep 8, 2020 | Aug 18, 2020 | $0.22 | normal |
| Jun 5, 2020 | Jun 22, 2020 | May 21, 2020 | $0.22 | normal |
| Mar 12, 2020 | Mar 24, 2020 | Feb 13, 2020 | $0.22 | normal |
| Dec 9, 2019 | Dec 24, 2019 | Nov 26, 2019 | $0.22 | normal |
| Aug 23, 2019 | Sep 9, 2019 | Aug 13, 2019 | $0.22 | normal |
| May 31, 2019 | Jun 17, 2019 | May 16, 2019 | $0.22 | normal |
| Mar 14, 2019 | Mar 25, 2019 | Feb 14, 2019 | $0.2 | normal |
| Dec 10, 2018 | Dec 21, 2018 | Nov 28, 2018 | $0.2 | normal |
| Aug 24, 2018 | Sep 6, 2018 | Aug 14, 2018 | $0.2 | normal |
| Jun 1, 2018 | Jun 14, 2018 | May 21, 2018 | $0.2 | normal |
| Mar 15, 2018 | Mar 26, 2018 | Feb 16, 2018 | $0.18 | normal |
| Dec 11, 2017 | Dec 22, 2017 | Nov 30, 2017 | $0.18 | normal |
| Aug 24, 2017 | Sep 7, 2017 | Aug 21, 2017 | $0.18 | normal |
| May 31, 2017 | Jun 12, 2017 | May 11, 2017 | $0.18 | normal |
| Mar 10, 2017 | Mar 24, 2017 | Feb 16, 2017 | $0.17 | normal |
| Dec 9, 2016 | Dec 23, 2016 | Dec 2, 2016 | $0.17 | normal |
| Aug 18, 2016 | Sep 1, 2016 | Aug 9, 2016 | $0.17 | normal |
| Jun 1, 2016 | Jun 13, 2016 | May 12, 2016 | $0.17 | normal |
| Mar 11, 2016 | Mar 25, 2016 | Feb 22, 2016 | $0.15 | normal |
MNRO has a payout ratio of 76.9% which is higher than the Consumer Cyclical sector and the industry average. In comparison with the Consumer Cyclical sector average of 32%, Monro's payout ratio is 140% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| AAP Advance Auto Parts Inc | 3.96% | $6 | 76.3% |
| MNRO Monro Inc | 2.1% | $1.1 | 76.9% |
| ASH Ashland Global Holdings Inc | 1.21% | $1.31 | 7.9% |
Yes, Monro has been paying dividends for the last 17 years.
MNRO hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in March 2023.
Monro's last regular dividend was on Dec 5, 2022 (ex-date) with the amount of $0.28 per share.
On an annual basis MNRO pays $1.1 per share.
Monro's current dividend yield is 2.1%.
Monro has a quarterly dividend frequency.
The dividend payout ratio of Monro is 76.9%.
Monro's dividend yield is lower than the Consumer Cyclical sector average.