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Mullen Group Ltd (TSX: MTL.TO) has been recognized as a Top 25 dividend stock according to the recent Canada Stock Channel’s “DividendRank” report. The report highlights MTL’s share price of $13.91, which corresponds to a price-to-book ratio of 1.2 and an annual dividend yield of 6.04%. This yield significantly exceeds the average of 3.6% for companies in their coverage universe, which typically trade at a price-to-book ratio of 1.8.
The annualized dividend paid by Mullen Group is $0.84 per share, disbursed monthly, with the latest ex-dividend date on September 30, 2025. The report emphasizes the importance of Mullen’s strong monthly dividend history and favorable long-term growth rates.
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