Mondi plc Dividend yield
What is the Dividend yield of Mondi plc?
The Dividend yield of Mondi plc is 27.20%
What is the definition of Dividend yield?
Dividend yield represents the ratio between dividends paid out to shareholders per share and the market price per share over a trailing year.
= ttm (trailing twelve months) dividend rate / previous day’s close
The dividend yield or dividend-price ratio of a share is the dividend per share, divided by the price per share. It is also a company's total annual dividend payments divided by its market capitalization, assuming the number of shares is constant, and is often expressed as a percentage. The reciprocal of the dividend yield is the price-dividend ratio.
A higher dividend yield has been considered to be desirable among many investors. A high dividend yield can be considered to be evidence that a stock is underpriced or that the company has fallen on hard times and future dividends will not be as high as previous ones. Similarly a low dividend yield can be considered evidence that the stock is overpriced or that future dividends might be higher. Some investors may find a higher dividend yield attractive, for instance as an aid to marketing a fund to retail investors, or maybe because they cannot get their hands on the capital, which may be tied up in a trust arrangement. In contrast some investors may find a higher dividend yield unattractive, perhaps because it increases their tax bill.
Dividend yield of companies in the Materials sector on LSE compared to Mondi plc
What does Mondi plc do?
Mondi plc engages in the manufacture and sale of packaging and paper products in Africa, Western Europe, Emerging Europe, Russia, North America, South America, Asia, and Australia. It operates in Corrugated Packaging, Flexible Packaging, Engineered Materials, and Uncoated Fine Paper segments. The company offers flexible packaging, bags, and pouches; personal care components; release liners; technical films; corrugated packaging solutions; industrial bags; barrier coatings; specialty Kraft and sack Kraft papers; containerboards; and office and professional printing papers. It serves customers in the agriculture, automotive, building and construction, chemicals and dangerous goods, food and beverages, graphic and photographic, home and personal care, medical and pharmaceutical, office and professional printing, paper and packaging converting, pet care, retail and e-commerce, and shipping and transport industries. The company was founded in 1967 and is based in Addlestone, the United Kingdom.
Companies with dividend yield similar to Mondi plc
- Teekay Corp has Dividend yield of 24.91%
- Huayu Expressway has Dividend yield of 25.21%
- Shriro has Dividend yield of 25.95%
- Le Saunda has Dividend yield of 26.32%
- Beijing Beida Jade Bird Universal Sci-Tech has Dividend yield of 27.05%
- Grenobloise d'Electronique et d'Automatismes Societe Anonyme has Dividend yield of 27.15%
- Mondi plc has Dividend yield of 27.20%
- Fortress Biotech Inc has Dividend yield of 29.37%
- NWS has Dividend yield of 29.91%
- Kenon Ltd has Dividend yield of 29.96%
- Icahn Enterprises L P has Dividend yield of 30.14%
- Novabase SGPS SA has Dividend yield of 30.60%
- Allan International has Dividend yield of 31.33%