Mills Music Trust
MMTRSIndustrials · Stock · quarterly payer
$24.80
Add to PortfolioForward Yield
14.49%
Annual Dividend
$3.59
Payout Ratio
100%
5-Yr Growth
25.7%
Ex-Date
Mar 24, 2026
Frequency
Quarterly
MMTRS Dividend Safety Score
35/ 100
Grade F
Unsafe
Dividend-growth streak0 consecutive years of growth
Cut historyCut its dividend in 2024
Earnings payout coverage100% of earnings paid out
Yield vs its historyYield is 2.1× 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 MMTRS a good dividend stock?
Higher riskMills Music Trust (MMTRS) pays a quarterly dividend yielding 14.49% ($3.59/yr), with 1 year of growth and a dividend-safety grade of F. Treat the dividend with caution — recent cuts, a stretched payout or a falling price raise the risk.
Advantages
- Strong 25.7% 5-yr dividend growth
Risks
- Cut its dividend in 2024
- Elevated payout ratio (100%)
- 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
- 14.49%
- Payout Ratio
- 100%
- Annual Dividend
- $3.59
- 5-Yr Avg Growth
- 25.7%
- Ex-Dividend Date
- Mar 24, 2026
- Years of Growth
- 1
- Frequency
- quarterly
- Beta
- -0.03
- Market Cap
- $6.9M
- P/E Ratio
- 14.0
- 5-Yr Total Return
- -40%
- 52-Week Range
- $21.00 – $29.25
- Dividend Safety
- F · 35/100
- Ever Cut?
- Yes (2024)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Mar 24, 2026 | — | $1.2430 | regular |
| Dec 17, 2025 | — | $2.3510 | regular |
| Sep 20, 2024 | — | $1.3350 | regular |
| Jun 21, 2024 | — | $0.4770 | regular |
| Mar 21, 2024 | — | $0.5600 | regular |
| Dec 20, 2023 | — | $0.6410 | regular |
| Sep 22, 2023 | — | $1.4250 | regular |
| Jun 22, 2023 | — | $0.3790 | regular |
| Mar 23, 2023 | — | $0.6660 | regular |
| Dec 20, 2022 | — | $0.6550 | regular |
| Jun 16, 2022 | — | $0.2600 | regular |
| Mar 28, 2022 | — | $0.5590 | regular |
| Dec 17, 2021 | — | $0.8170 | regular |
| Sep 21, 2021 | — | $0.7780 | regular |
Income Calculator
At $3.59 / yr per share
Per payment (quarterly)$89.75
Annual$359.00
Monthly avg$29.92
