MTL Dividend History & Analysis | 4.4% Yield

MTL has a dividend yield of 4.4% and paid 0.84 CAD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 4.44%
Payout Ratio 16.8%
Growth Rate CAGR 5y 6.8%
Consistency Lifetime 91.7%
Yield on Cost 5y 8.4%
Payout FCF 45.1%
Streak Years 5
Dividend Rating 67.6%
Chowder Number yield + growth 11.2% below 12% target for healthy growth
Yield vs Average 5y -7.1% avg 4.78% vs now 4.44%
Debt / EBITDA leverage 3.2x moderate
Income per 10k invested 444 CAD per year
Dividends Cash Amount per Share Yearly MTL annual dividends paid per share, showing the total cash Mullen distributed to shareholders each year.
Dividend Growth Year over Year MTL year-over-year dividend growth rate, showing how Mullen's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History MTL dividend yield history versus share price over the past 5 years, showing how Mullen's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) ■ Price (left)

Top Dividend Payers in Ground Transportation

Top 10 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
MTL TO
Mullen		 2,223 M 4.44% 8.37%
GET PA
Getlink SE		 11,728 M 4.46% 6.80%
R NYSE
Ryder System		 10,182 M 1.77% 4.87%
UNP NYSE
Union Pacific		 177,088 M 2.10% 2.60%
VOS XETRA
Vossloh		 1,047 M 1.42% 2.77%
NSC NYSE
Norfolk Southern		 75,969 M 1.76% 2.08%
SNDR NYSE
Schneider National		 5,208 M 1.32% 1.64%
CSX NASDAQ
CSX		 95,717 M 1.28% 1.65%
CVLG NYSE
Covenant Logistics		 735 M 0.94% 2.06%
KNX NYSE
Knight Transportation		 10,176 M 1.24% 1.44%
Top 10 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
GET PA
Getlink SE		 11,728 M 53.67% 100.0%
ODFL NASDAQ
Old Dominion Freight Line		 35,939 M 20.55% 91.7%
CVLG NYSE
Covenant Logistics		 735 M 16.52% 99.0%
KNX NYSE
Knight Transportation		 10,176 M 13.97% 100.0%
R NYSE
Ryder System		 10,182 M 12.96% 100.0%
CSX NASDAQ
CSX		 95,717 M 8.87% 100.0%
MTL TO
Mullen		 2,223 M 6.76% 91.7%
SNDR NYSE
Schneider National		 5,208 M 5.42% 99.2%
VOS XETRA
Vossloh		 1,047 M 3.86% 99.0%
JBHT NASDAQ
JB Hunt Transport		 21,468 M 3.41% 91.7%

MTL Dividend History

Dividend Monthly Return EX date, 4.9 years of data

Jan 0.43% 100
Feb 0.43% 100
Mar 0.43% 100
Apr 0.43% 100
May 0.43% 100
Jun 0.44% 100
Jul 0.40% 100
Aug 0.42% 100
Sep 0.43% 100
Oct 0.46% 89
Nov 0.43% 100
Dec 0.42% 100

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 50 Payments (CAD) as of October 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-09-29 2026-09-30 2026-10-15 Monthly 0.07 0% 0.26%
2026-08-31 2026-08-31 2026-09-15 Monthly 0.07 0% 0.27%
2026-07-31 2026-07-31 2026-08-17 Monthly 0.07 0% 0.26%
2026-06-30 2026-06-30 2026-07-15 Monthly 0.07 0% 0.33%
2026-05-29 2026-05-31 2026-06-15 Monthly 0.07 0% 0.32%
2026-04-30 2026-04-30 2026-05-15 Monthly 0.07 0% 0.34%
2026-03-31 2026-03-31 2026-04-15 Monthly 0.07 0% 0.41%
2026-02-27 2026-02-28 2026-03-16 Monthly 0.07 0% 0.4%
2026-01-30 2026-01-31 2026-02-17 Monthly 0.07 0% 0.43%
2025-12-31 2025-12-31 2026-01-15 Monthly 0.07 0% 0.44%
2025-11-28 2025-11-30 2025-12-15 Monthly 0.07 0% 0.48%
2025-10-31 2025-10-31 2025-11-17 Monthly 0.07 0% 0.5%
2025-09-29 2025-09-30 2025-10-15 Monthly 0.07 0% 0.5%
2025-08-29 2025-08-31 2025-09-15 Monthly 0.07 0% 0.5%
2025-07-31 2025-07-31 2025-08-15 Monthly 0.07 0% 0.53%
2025-06-30 2025-06-30 2025-07-15 Monthly 0.07 0% 0.5%
2025-05-30 2025-05-31 2025-06-16 Monthly 0.07 0% 0.49%
2025-04-30 2025-04-30 2025-05-15 Monthly 0.07 0% 0.54%
2025-03-31 2025-03-31 2025-04-15 Monthly 0.07 0% 0.56%
2025-02-28 2025-02-28 2025-03-17 Monthly 0.07 0% 0.54%
2025-01-31 2025-01-31 2025-02-18 Monthly 0.07 0% 0.47%
2024-12-31 2024-12-31 2025-01-15 Monthly 0.07 0% 0.48%
2024-11-29 2024-11-30 2024-12-16 Monthly 0.07 0% 0.46%
2024-10-31 2024-10-31 2024-11-15 Monthly 0.07 0% 0.46%
2024-09-27 2024-09-30 2024-10-15 Monthly 0.07 0% 0.49%
2024-08-30 2024-08-31 2024-09-16 Monthly 0.07 +16.7% 0.49%
2024-07-31 2024-07-31 2024-08-15 Monthly 0.06 0% 0.4%
2024-06-28 2024-06-30 2024-07-15 Monthly 0.06 0% 0.46%
2024-05-31 2024-05-31 2024-06-17 Monthly 0.06 0% 0.47%
2024-04-29 2024-04-30 2024-05-15 Monthly 0.06 0% 0.46%
2024-03-27 2024-03-31 2024-04-15 Monthly 0.06 0% 0.41%
2024-02-28 2024-02-29 2024-03-15 Monthly 0.06 0% 0.4%
2024-01-30 2024-01-31 2024-02-15 Monthly 0.06 0% 0.39%
2023-12-28 2023-12-31 2024-01-15 Monthly 0.06 0% 0.43%
2023-11-29 2023-11-30 2023-12-15 Monthly 0.06 0% 0.46%
2023-10-30 2023-10-31 2023-11-15 Monthly 0.06 0% 0.45%
2023-09-28 2023-09-30 2023-10-16 Monthly 0.06 0% 0.45%
2023-08-30 2023-08-31 2023-09-15 Monthly 0.06 0% 0.41%
2023-07-28 2023-07-31 2023-08-15 Monthly 0.06 0% 0.38%
2023-06-29 2023-06-30 2023-07-17 Monthly 0.06 0% 0.4%
2023-05-30 2023-05-31 2023-06-15 Monthly 0.06 0% 0.38%
2023-04-27 2023-04-30 2023-05-15 Monthly 0.06 0% 0.42%
2023-03-30 2023-03-31 2023-04-17 Monthly 0.06 0% 0.41%
2023-02-27 2023-02-28 2023-03-15 Monthly 0.06 0% 0.42%
2023-01-30 2023-01-31 2023-02-15 Monthly 0.06 0% 0.44%
2022-12-29 2022-12-31 2023-01-16 Monthly 0.06 0% 0.41%
2022-11-29 2022-11-30 2022-12-15 Monthly 0.06 0% 0.4%
2022-10-28 2022-10-31 2022-11-15 Monthly 0.06 0% 0.44%
2022-09-28 2022-09-30 2022-10-17 Monthly 0.06 0% 0.43%
2022-08-30 2022-08-31 2022-09-15 Monthly 0.06 0% 0.41%

MTL Dividend FAQ

What is the Dividend Yield of MTL?

As of October 2026, MTL's dividend yield is 4.44%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 0.84 CAD by the current share price of 29.86.

Does MTL pay a dividend?

As of October 2026, MTL paid a dividend of 0.84 CAD in the last 12 months. The last dividend was paid on 2026-09-29 and the payout was 0.07 CAD.

How often does MTL pay dividends?

MTL pays dividends monthly. Over the last 12 months, MTL has issued 12 dividend payments. The last dividend payment was made on 2026-09-29.

MTL dividend forecast

Based on historical data, the forecasted dividends per share for MTL for the next payments are between 0.07 (+0.0%) and 0.071 (+1.4%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 2.83%.

Will MTL pay dividends in 2026?

The latest dividend paid per share was 0.07 CAD with an Ex-Dividend Date of 2026-09-29. The next Ex-Dividend date for Mullen (MTL) is currently unknown.

What is the next Ex-Dividend Date for MTL?

The next Ex-Dividend date for Mullen (MTL) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of MTL?

MTL's average dividend growth rate over the past 5 years is 6.76% per year. Strong growth: MTL's dividend growth is outpacing inflation.

What is the Yield on Cost of MTL?

MTL's 5-Year Yield on Cost is 8.37%. If you bought MTL's shares at 10.04 CAD five years ago, your current annual dividend income (0.84 CAD per share, trailing 12 months) equals 8.37% of your original purchase price.

What is the Payout Consistency of MTL?

MTL Payout Consistency is 91.7%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: Mullen has a strong track record of consistent dividend payments over its lifetime.

Does MTL have a good Dividend Yield?

MTL's 4.44% Dividend Yield is considered as good. Make sure the dividend is sustainable: Check the Payouts-Ratio over time.

What is the Dividend Payout Ratio of MTL?

The Dividend Payout Ratio of MTL is 16.8%. Very low - Often a strong indicator of potential dividend growth.

What is the Dividend Rating of MTL?

MTL's Overall Dividend Rating is 67.58%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

MTL Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in MTL's Outstanding Shares?

Mullen's outstanding shares have decreased by approximately 0.01% annually over the past 3 years (Trend Reliability: 27.5%). Slightly positive: The company is modestly reducing its share count through buybacks. This provides a small tailwind to earnings per share and dividend sustainability.

Has MTL ever had a Stock Split?

Yes, the last stock split was on Jul 7, 2005 with a ratio of 3:1. This was a forward split: Each share became 3 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
1997 39,662,300 0%
1998 42,456,200 +7.04%
1999 43,107,600 +1.53%
2000 45,546,800 +5.66%
2001 43,806,400 -3.82%
2002 45,087,100 +2.92%
2003 45,453,500 +0.81%
2004 45,982,000 +1.16%
2005 50,774,000 +10.42%
2006 81,973,000 +61.45%
2007 80,417,000 -1.9%
2008 80,605,000 +0.23%
2009 92,261,000 +14.46%
2010 90,139,000 -2.3%
2011 91,156,000 +1.13%
2012 92,104,000 +1.04%
2013 92,871,000 +0.83%
2014 91,708,000 -1.25%
2015 92,821,000 +1.21%
2016 103,663,000 +11.68%
2017 103,654,000 -0.01%
2018 104,825,000 +1.13%
2019 104,671,000 -0.15%
2020 96,849,000 -7.47%
2021 94,243,000 -2.69%
2022 102,087,100 +8.32%
2023 97,512,500 -4.48%
2024 97,226,000 -0.29%
2025 131,375,000 +35.12%
2026 97,241,700 -25.98%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-10-29 02:38 UTC