MFB.NZ

My Food Bag Group Limited (MFB.NZ), listed on the New Zealand Exchange, is known for its dividend income potential. As of the latest data, the company offers a dividend yield of approximately 8.5%, which is attractive compared to the sector average. Over the past five years, the yield has ranged between 6% and 9%, indicating a relatively stable performance. Dividends are paid quarterly, providing a steady income stream for investors seeking reliable yield. The payout ratio currently stands at around 80%, which suggests that the dividends are sustainable, though it leaves limited room for reinvestment in growth. Recently, My Food Bag has maintained its dividend levels, with no cuts or significant growth, reflecting a stable financial position. Compared to other stocks in the consumer sector, My Food Bag's yield is competitive, making it a retiree-friendly option for those prioritizing income. Is My Food Bag Group Limited still a top dividend pick in 2025?