MNRO (NYSE:MNRO) will go ex-dividend tomorrow, February 24, 2026.
Investors who purchase shares before the ex-dividend date will receive the upcoming quarterly dividend of $0.2800 per share. The dividend will be paid on March 10, 2026.
At the current stock price of $21.53, MNRO's dividend represents an annual yield of 5.20%. The Consumer Cyclical company has a market capitalization of $629.4M.
Investors who purchase MNRO shares before the ex-dividend date will receive the upcoming dividend payment. The stock price typically adjusts downward by approximately the dividend amount on the ex-date, reflecting the distribution. Long-term holders focused on total return generally view ex-dividend dates as routine, while income-focused investors may time purchases around these dates.
At a 5.20% yield, MNRO offers above-average income relative to the broader market. High yields can be attractive for income investors but also warrant scrutiny — an elevated yield sometimes reflects a declining stock price rather than generous payouts. Comparing the yield against the company's payout ratio and earnings trajectory provides a clearer picture of sustainability.