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Dividend Yield: 3.1%

Macquarie Group's dividend reliability is mixed due to volatile payments over the past decade, though dividends are currently covered by earnings with a payout ratio of 66.3%. Recent M&A activity includes the sale of its Stride Climate Investments platform for $325 million, potentially impacting future cash flows. The company has issued several fixed-income offerings totaling €700 million and $150 million, indicating active capital management but also reliance on higher-risk funding sources.

• Click here and access our complete dividend analysis report to understand the dynamics of Macquarie Group.

• The analysis detailed in our Macquarie Group valuation report hints at an inflated share price compared to its estimated value.

Perenti

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Perenti Limited is a global mining services company with a market capitalization of A$1.20 billion.

Operations: Perenti Limited generates its revenue from Drilling Services (A$750.65 million), Contract Mining Services (A$2.50 billion), and Mining Services and Idoba (A$229.77 million).

Dividend Yield: 6.2%

Perenti's recent dividend increase to 3.0 cents per share reflects confidence in its cash generation despite a volatile dividend history and a payout ratio of 76%. While earnings coverage is adequate, net income has declined to A$56.28 million from A$78.5 million year-on-year, affecting profit margins. The dividend yield of 6.25% is slightly below top-tier Australian payers, but with a cash payout ratio of 46.6%, dividends are well-supported by cash flows, though past volatility raises concerns about sustainability.

• Click to explore a detailed breakdown of our findings in Perenti's dividend report.

• Our valuation report here indicates Perenti may be undervalued.

Summing It All Up

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include ASX:MFF ASX:MQG and ASX:PRN.

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