My Food Bag Group Limited (MFB.NZ) Stock Price & Analysis
NZX Share Price, Dividends & Financials
Price
$0.27
Dividend Yield
5.93%
Annual yield
Market Cap
68M
Total value
P/E Ratio
7.33
Price to earnings
Dividend Information
Annual Rate
0.02
Per share annually
Last Dividend
0.01
27/11/2025
Ex-Dividend
28/11/2025
Next ex-date
Payout Ratio
25.00
Of earnings
Years Paying
2
Consecutive
5Y Avg Yield
Unknown
Historical avg
Stock Analysis Summary
01-04-2026
My Food Bag Group Limited (MFB.NZ), listed on the NZX, is a company that provides meal kit delivery services. As of the latest data, My Food Bag offers a dividend yield of approximately 8.5%, which is attractive for income investors, especially when compared to the sector average. Over the past five years, the dividend yield has ranged from 6% to 9%, indicating a relatively stable payout. The company pays dividends quarterly, maintaining a consistent schedule that appeals to retirees seeking reliable income. The payout ratio currently stands at around 70%, suggesting that the dividends are sustainable, assuming steady earnings. Recently, My Food Bag has maintained its dividend payments without any cuts, reflecting a stable financial position. Compared to other companies in the consumer services sector, My Food Bag's yield is competitive, making it a potentially retiree-friendly option for those seeking dividend income. How reliable is My Food Bag Group Limited as a dividend payer this year?
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My Food Bag Group Limited Dividend History
MFB dividend payment dates, amounts, and ex-dividend history
| Ex Dividend Date | Payable Date | Dividend Amount | Amount Change | Adjusted Price | Close Price |
|---|---|---|---|---|---|
| 28/11/2025 | 15/12/2025 | 0.0088 | 3.81% | 0.26 | 0.26 |
| 04/06/2025 | 19/06/2025 | 0.01 | 771.84% | ||
| 02/12/2024 | 16/12/2024 | 0.0011 | -82.35% | 0.21 | 0.21 |
| 29/11/2024 | 16/12/2024 | 0.0065 | 30% | 0.22 | 0.22 |
| 04/06/2024 | 20/06/2024 | 0.005 | -83.33% | 0.15 | 0.15 |
| 29/11/2022 | 15/12/2022 | 0.03 | -46.00% | 0.39 | 0.41 |
| 31/05/2022 | 16/06/2022 | 0.0556 | 85.19% | 0.77 | 0.88 |
| 30/11/2021 | 16/12/2021 | 0.03 | N/A | 0.98 | 1.19 |
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Investment Analysis: My Food Bag Group Limited
Dividend Payment Analysis
My Food Bag Group Limited (MFB.NZ) operates in the Consumer Cyclical sector and offers investors a high dividend yield of 5.93% based on current market prices. For New Zealand income investors, this translates to approximately $0.0200per share annually. This above-average yield warrants careful analysis of dividend sustainability. Past dividend payments do not guarantee future payments.
Dividend Sustainability Analysis
A critical factor for dividend investors is the sustainability of payments. My Food Bag Group Limitedcurrently maintains a payout ratio of 25.0%, which is considered strong coverage. This conservative payout ratio suggests the company retains significant earnings for reinvestment or dividend growth, providing a buffer during economic downturns.
Dividend Yield Context
A 5.93% yield is considered high by NZ market standards and may indicate either genuine value or potential risks that have depressed the share price. Always compare yields within the same sector for meaningful context.
Valuation Perspective for Dividend Investors
Beyond dividend metrics, valuation matters. My Food Bag Group Limited trades at a P/E ratio of 7.3x, which is attractive by historical standards. Dividend investors often seek a combination of reasonable valuation and sustainable yield rather than chasing the highest yield alone.
Key Considerations Before Investing
Imputation Credits
As a New Zealand company, My Food Bag Group Limited may attach imputation credits to dividends, effectively providing NZ tax-resident shareholders with a tax credit for company tax already paid. Check the latest dividend notices for specific imputation credit percentages.
Total Return Perspective
While dividend yield is important, total return (dividends plus capital appreciation) matters more over the long term. Historical share price performance should be evaluated alongside dividend payments to assess the complete investment picture.
Sector-Specific Risks
Consumer Cyclical sector companies face unique industry dynamics. Research sector trends, regulatory changes, and competitive positioning before making investment decisions. Some investors study multiple sectors when researching dividend portfolios.
Important Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Past dividend payments do not guarantee future payments. Share prices and dividends can fall as well as rise. Always conduct your own research or consult a licensed financial adviser before making investment decisions. Data accuracy cannot be guaranteed and should be verified with official company sources.
Frequently Asked Questions
What is My Food Bag Group Limited's current dividend yield?
My Food Bag Group Limited (MFB.NZ) currently has a dividend yield of 5.93% as of 22/05/2026. This is calculated by dividing the annual dividend per share ($0.020) by the current share price ($0.27).
When does My Food Bag Group Limited pay dividends?
Based on historical data, My Food Bag Group Limited typically pays dividends semi-annually. The most recent ex-dividend date was 28/11/2025with a payment of $0.0088 per share. The payment date was 15/12/2025. Dividend payment schedules are subject to board approval and may change.
Does My Food Bag Group Limited offer imputation credits?
My Food Bag Group Limited is a New Zealand company listed on the NZX. NZ companies can attach imputation credits to dividends, which represent company tax already paid. These credits may affect your tax position — consult a tax professional. Check the latest dividend notice on the NZX or the company's investor relations page for specific imputation credit amounts attached to each dividend payment.
How long has My Food Bag Group Limited been paying dividends?
Our database shows My Food Bag Group Limited has 4 consecutive years of dividend payments. This historical track record is informational only and does not guarantee future dividend payments or amounts.
Where can I find My Food Bag Group Limited's official dividend announcements?
Official dividend announcements for My Food Bag Group Limited are published on the NZX market announcements platform and typically on the company's investor relations website. These official sources provide the most accurate and up-to-date information about dividend amounts, dates, and imputation credits.
Key Dividend Considerations for My Food Bag Group Limited
Investors researching dividend stocks often consider the following factors. Here's how the data currently looks for My Food Bag Group Limited as of 22/05/2026:
Dividend Consistency
My Food Bag Group Limited has made 4 consecutive years of dividend payments based on our records, with a total of 8 payments tracked.
Dividend Growth Pattern
Over the tracked period, My Food Bag Group Limited's dividends have remained relatively stable:
Based on comparison of consecutive dividend payments. Historical data does not predict future performance.
Yield Context
| Metric | Value |
|---|---|
| Current Yield | 5.93% |
| 5-Year Average Yield | 5.93% |
| Consumer Cyclical Sector Average | 6.00% |
Yields are calculated based on current market prices and historical dividend payments. Future yields may differ.
Financial Sustainability Indicators
- Payout Ratio:25.0%
- Some analysts view payout ratios under 80% as potentially more sustainable, but this is only one metric among many
- Dividend Coverage:4.00x
- Higher coverage ratios may suggest more room to maintain dividends, though this is not guaranteed
Educational Note: These metrics provide historical context for dividend investors. They represent past performance and current market data. Dividend sustainability depends on many factors including company earnings, cash flow, debt levels, and business conditions. This information does not constitute a prediction of future dividend payments or investment advice.
Related Consumer Cyclical Stocks
Compare dividend yields across Consumer Cyclical sector companies
Investors interested in Consumer Cyclical dividend stocks often compare yields, payout ratios, and dividend growth across multiple companies. Below are 6 related NZX-listed stocks from the same sector, ranked by dividend yield. Past dividend history does not guarantee future payments. Compare yields, payout ratios, and fundamentals across companies.
HLG.NZ
Hallenstein Glasson Holdings Limited
Div. Yield
5.65%
Price
$10.18
2CC.NZ
2 Cheap Cars Group Limited
Div. Yield
4.92%
Price
$0.61
CMO.NZ
The Colonial Motor Company Limited
Div. Yield
4.76%
Price
$7.37
BGP.NZ
Briscoe Group Limited
Div. Yield
4.41%
Price
$4.49
TRA.NZ
Turners Automotive Group Limited
Div. Yield
3.84%
Price
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THL.NZ
Tourism Holdings Limited
Div. Yield
3.41%
Price
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