MTG Payout Ratio: current value, 10-year range and year-by-year history
Cash & Leverage
Payout Ratio History
MTG Payout Ratio by year
Yearly range of MTG’s payout ratio from 2019 to 2026. Over the full period it ranged from 3.7% to 18.0%, averaging 14.5%.
| Year | Low | Average | High | Year-end |
|---|---|---|---|---|
| 2026 | 17.9% | 17.9% | 18.0% | 17.9% |
| 2025 | 14.8% | 15.7% | 16.4% | 14.8% |
| 2024 | 17.0% | 17.3% | 17.6% | 17.3% |
| 2023 | 16.9% | 17.4% | 18.0% | 16.9% |
| 2022 | 13.5% | 15.0% | 16.7% | 16.7% |
| 2021 | 11.5% | 12.7% | 13.7% | 13.7% |
| 2020 | 10.6% | 11.6% | 13.1% | 11.7% |
| 2019 | 3.7% | 5.5% | 7.4% | 7.4% |
Get notified when MTG Payout Ratio crosses a threshold
Free — one alert setup, notifications by push, Telegram, or Discord.
What fraction of free cash flow is paid out as dividends. More reliable than the earnings-based payout ratio because cash is harder to manipulate through accounting choices. Low ratio = room to grow the dividend and absorb an earnings dip. High ratio = dividend is consuming most of the cash generated.
TTM Dividends Per Share / (TTM FCF ÷ Shares) × 100%A steadily rising FCF payout ratio warrants scrutiny only if FCF itself is flat or falling — that means the company is paying out a larger slice of shrinking cash. A high but stable ratio in a capital-light business (e.g. consumer staples) can be perfectly sustainable.
- FCF can be lumpy: large one-off capex or working-capital swings distort a single year. Look at the multi-year trend rather than any single data point.
- Utilities and REITs naturally sustain 60–90% FCF payout ratios; industrials and tech companies typically run 20–50%. Always compare to sector context.
Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.