Mills Music Trust

MMTRS

Industrials · Specialty Business Services · Stock · quarterly payer

$22.47

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Forward Yield

26.68%

Annual Dividend

$5.99

Payout Ratio

—

5-Yr Growth

27.0%

Ex-Date

Sep 22, 2026

Frequency

Quarterly

Key facts about MMTRS's dividend

Data as of Oct 27, 2026 · Source: SmarterDividends data

As of Oct 27, 2026, Mills Music Trust (MMTRS) has a forward dividend yield of 26.68%, based on an annual dividend of $5.99 per share and a share price of $22.47.
As of Oct 27, 2026, MMTRS's dividend safety grade from SmarterDividends is D (47 out of 100), which rates the dividend as unsafe.
MMTRS last cut its regular dividend in 2024.
MMTRS's most recent ex-dividend date was Sep 22, 2026, for a dividend of $2.07 per share.
MMTRS's dividend has grown at an average rate of 27.0% a year over the past five years.
As of Oct 27, 2026, MMTRS's 26.68% yield is 294% above its five-year average yield of 6.77%.
Mills Music Trust (MMTRS) pays its dividend quarterly, 4 times a year.

Cite this page

SmarterDividends, "MMTRS Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/MMTRS

Summary

As of Oct 27, 2026, Mills Music Trust (MMTRS) yields 26.68% ($5.99 a year per share) and has a dividend safety grade of D (47/100).

Is MMTRS a good dividend stock?

Mixed

Mills Music Trust (MMTRS) pays a quarterly dividend yielding 26.68% ($5.99/yr), with 1 year of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

Strong 27.0% 5-yr dividend growth

Risks

Cut its dividend in 2024
Very high yield can signal elevated risk
Share price is down over the past 5 years
Below-average dividend safety score

Key Data

Dividend Yield: 26.68%
Payout Ratio: —
Annual Dividend: $5.99
5-Yr Avg Growth: 27.0%
Ex-Dividend Date: Sep 22, 2026
Years of Growth: 1
Frequency: quarterly
Beta: 0.04
Market Cap: $6.2M
P/E Ratio: —
5-Yr Total Return: -57%
52-Week Range: $21.00 – $27.19
Dividend Safety: D · 47/100
Ever Cut?: Yes (2024)

MMTRS dividend changes

Mills Music Trust (MMTRS) pays a variable dividend: across the 54 payments on record since 2010, 16 were higher than the one before and 11 lower. The latest change was up 138.4% to $1.34 per share, going ex-dividend on Sep 20, 2024.

Ex-date	Change	Old → new	Move
Sep 20, 2024	Higher	$0.560 → $1.34	+138.4%
Mar 21, 2024	Lower	$0.641 → $0.560	−12.6%
Dec 20, 2023	Lower	$0.666 → $0.641	−3.8%
Mar 23, 2023	Higher	$0.655 → $0.666	+1.7%
Dec 20, 2022	Higher	$0.260 → $0.655	+151.9%
Jun 16, 2022	Lower	$0.559 → $0.260	−53.5%
Mar 28, 2022	Lower	$0.817 → $0.559	−31.6%
Dec 17, 2021	Higher	$0.778 → $0.817	+5.0%
Sep 21, 2021	Higher	$0.727 → $0.778	+7.0%
Dec 21, 2020	Higher	$0.546 → $0.727	+33.2%
Jun 18, 2020	Lower	$0.993 → $0.546	−45.0%
Dec 19, 2019	Higher	$0.978 → $0.993	+1.5%

Every MMTRS payment →Download every raise and cut (CSV)

MMTRS ex-dividend date & scheduleNext ex-date Sep 22, 2026 · full ex-dividend historyView →MMTRS dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is MMTRS a good dividend stock?

Mixed. Mills Music Trust (MMTRS) pays a quarterly dividend yielding 26.68% ($5.99/yr), with 1 year of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Is MMTRS's dividend safe?

MMTRS has a dividend-safety grade of D (47/100), based on its payout coverage, free-cash-flow, 1-year growth streak, a dividend cut in 2024, debt and yield-versus-history.

Is MMTRS a buy, hold, or sell?

We don't issue formal ratings, but on the data MMTRS screens as "mixed". Mills Music Trust (MMTRS) pays a quarterly dividend yielding 26.68% ($5.99/yr), with 1 year of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

Will MMTRS cut its dividend?

MMTRS earns a dividend-safety grade of D (47/100), and has cut its dividend before (last in 2024). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does MMTRS pay a dividend?

Yes. Mills Music Trust pays a quarterly dividend of about $5.99 per share annually, a forward yield of roughly 26.68%.

What is MMTRS's dividend yield?

As of Oct 27, 2026, MMTRS's forward dividend yield is 26.68%, based on a $5.99 annual dividend and a $22.47 share price.

What is MMTRS's dividend per share?

As of Oct 27, 2026, MMTRS pays $5.99 per share per year, distributed on a quarterly basis.

How many years has MMTRS grown its dividend?

As of Oct 27, 2026, MMTRS has increased its dividend for 1 consecutive years.

When is the next MMTRS ex-dividend date?

As of Oct 27, 2026, MMTRS's next ex-dividend date hasn't been announced. The most recent was Sep 22, 2026, for $2.07 per share.

Dividend Growth

Total dividends per share by year

Dividend History

Full MMTRS dividend history →

Ex-Date	Pay Date	Amount	Type
Sep 22, 2026	Sep 23, 2026	$2.0650	regular
Jun 23, 2026	Jun 24, 2026	$0.3360	regular
Mar 24, 2026	Mar 25, 2026	$1.2430	regular
Dec 17, 2025	Dec 18, 2025	$2.3510	regular
Sep 20, 2024	Sep 23, 2024	$1.3350	regular
Jun 21, 2024	Jun 24, 2024	$0.4770	regular
Mar 21, 2024	Mar 25, 2024	$0.5600	regular
Dec 20, 2023	Dec 22, 2023	$0.6410	regular
Sep 22, 2023	Sep 26, 2023	$1.4250	regular
Jun 22, 2023	Jun 26, 2023	$0.3790	regular
Mar 23, 2023	Mar 27, 2023	$0.6660	regular
Dec 20, 2022	Dec 22, 2022	$0.6550	regular
Jun 16, 2022	Jun 21, 2022	$0.2600	regular
Mar 28, 2022	Mar 30, 2022	$0.5590	regular