$156.22
+0.74%The Middleby Corporation designs, manufactures, markets, distributes, and services a range of foodservice, food processing, and residential kitchen equipment in the United States, Canada, Asia, Europe, the Middle East, and Latin America. Its Commercial Foodservice Equipment Group segment offers conveyor, combi, convection, baking, proofing, deck, speed cooking, and hydrovection ovens; ranges, fryers, rethermalizers; steam cooking, food warming, catering, induction cooking, and countertop cooking equipment; heated cabinets, charbroilers, ventless cooking systems, kitchen ventilation, toasters, griddles, charcoal grills, professional mixers, stainless steel fabrication, custom millwork, professional refrigerators, blast chillers, cold rooms, ice machines, and freezers; and soft serve ice cream, coffee and beverage dispensing, home and professional craft brewing equipment, fry dispensers, bottle filling and canning equipment, and IoT solutions. The company's Food Processing Equipment Group segment provides batch, baking, proofing, conveyor belt, and continuous processing ovens; frying and automated thermal processing systems; tumblers, massagers, grinders, slicers, reduction and emulsion systems, mixers, formers, and blenders; battering, breading, and seeding equipment; water cutting systems, food presses, food suspension equipment, filling and depositing solutions, and forming equipment; and food safety, food handling, freezing, and defrosting and packaging equipment for customers producing hot dog, dinner sausage, poultry, and lunchmeat, as well as muffin, cookie, and bread products. Its Residential Kitchen Equipment Group segment offers kitchen equipment comprising cookers, stoves, dishwashers, microwaves, cooktops, wine coolers, ice machines, and ventilation and outdoor equipment. The company was formerly known as Middleby Marshall Oven Company and changed its name to The Middleby Corporation in 1985. The company was founded in 1888 and is based in Elgin, Illinois.
No Dividend Yield Data
MIDD has not reported any dividend yield values in the available annual periods.
No Dividend Payout Ratio Data
MIDD has not reported any dividend payout ratio values in the available annual periods.
No Net Dividends Paid Data
MIDD has not reported any net dividends paid values in the available annual periods.
Total Payments
13
Latest Dividend
$0.0670
Annual Amount
$0.1083
Frequency
Quarterly
| Declaration | Ex-Date | Payment Date | Dividend | Adjusted | Frequency | Growth |
|---|---|---|---|---|---|---|
May 19, 2004 | Jun 4, 2004 | Jul 6, 2004 | $0.4000 | $0.0670 | Quarterly | +59.52% |
Oct 30, 2003 | Nov 12, 2003 | Dec 19, 2003 | $0.2500 | $0.0420 | Quarterly | +147.06% |
Dec 11, 2000 | Dec 20, 2000 | Dec 29, 2000 | $0.1000 | $0.0170 | Quarterly | +466.67% |
N/A | Mar 4, 1991 | Mar 25, 1991 | $0.0200 | $0.0030 | Quarterly | 0.00% |
Nov 6, 1990 | Nov 20, 1990 | Dec 15, 1990 | $0.0200 | $0.0030 | Quarterly | 0.00% |
Aug 7, 1990 | Aug 22, 1990 | Sep 15, 1990 | $0.0200 | $0.0030 | Quarterly | 0.00% |
May 9, 1990 | May 23, 1990 | Jun 15, 1990 | $0.0200 | $0.0030 | Quarterly | 0.00% |
Feb 26, 1990 | Mar 9, 1990 | Mar 30, 1990 | $0.0200 | $0.0030 | Quarterly | 0.00% |
Nov 3, 1989 | Nov 21, 1989 | Dec 15, 1989 | $0.0200 | $0.0030 | Quarterly | 0.00% |
Aug 2, 1989 | Aug 23, 1989 | Sep 15, 1989 | $0.0200 | $0.0030 | Quarterly | 0.00% |
May 12, 1989 | May 25, 1989 | Jun 15, 1989 | $0.0200 | $0.0030 | Quarterly | 0.00% |
Feb 21, 1989 | Feb 27, 1989 | Mar 20, 1989 | $0.0200 | $0.0030 | Quarterly | -62.50% |
Nov 4, 1988 | Nov 18, 1988 | Dec 15, 1988 | $0.0500 | $0.0080 | Quarterly | - |
Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.
Excellent FCF coverage. Dividend is well-supported by actual cash generation with ample room for increases and business reinvestment.
Dividend sustainability questionable. Monitor closely for signs of stress. Consider whether yield justifies the risk.
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Snapshot
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Statements
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Dividends
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