MGP Ingredients, Inc.
MGPIConsumer Defensive · Stock · quarterly payer
$16.27
Add to PortfolioForward Yield
2.95%
Annual Dividend
$0.48
Payout Ratio
96%
5-Yr Growth
0.0%
Ex-Date
May 15, 2026
Frequency
Quarterly
MGPI Dividend Safety Score
67/ 100
Grade B
Safe
Dividend-growth streak10 consecutive years of growth
Cut historyCut its dividend in 2016
Earnings payout coverage96% of earnings paid out
Free-cash-flow coverage23% of free cash flow
Balance-sheet strengthDebt/equity of 0.44
Yield vs its historyYield is 3.7× its 5-yr average — elevated
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is MGPI a good dividend stock?
Yes, with caveatsMGP Ingredients, Inc. (MGPI) pays a quarterly dividend yielding 2.95% ($0.48/yr), with 9 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
Risks
- Cut its dividend in 2016
- Elevated payout ratio (96%)
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 2.95%
- Payout Ratio
- 96%
- Annual Dividend
- $0.48
- 5-Yr Avg Growth
- 0.0%
- Ex-Dividend Date
- May 15, 2026
- Years of Growth
- 9
- Frequency
- quarterly
- Beta
- 0.46
- Market Cap
- $347.7M
- P/E Ratio
- —
- 5-Yr Total Return
- -75%
- 52-Week Range
- $16.29 – $33.38
- Dividend Safety
- B · 67/100
- Ever Cut?
- Yes (2016)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 15, 2026 | — | $0.1200 | regular |
| Mar 13, 2026 | — | $0.1200 | regular |
| Nov 14, 2025 | — | $0.1200 | regular |
| Aug 15, 2025 | — | $0.1200 | regular |
| May 16, 2025 | — | $0.1200 | regular |
| Mar 14, 2025 | — | $0.1200 | regular |
| Nov 15, 2024 | — | $0.1200 | regular |
| Aug 16, 2024 | — | $0.1200 | regular |
| May 16, 2024 | — | $0.1200 | regular |
| Mar 14, 2024 | — | $0.1200 | regular |
| Nov 16, 2023 | — | $0.1200 | regular |
| Aug 17, 2023 | — | $0.1200 | regular |
| May 18, 2023 | — | $0.1200 | regular |
| Mar 9, 2023 | — | $0.1200 | regular |
Income Calculator
At $0.48 / yr per share
Per payment (quarterly)$12.00
Annual$48.00
Monthly avg$4.00
