About MiX Telematics Limited (MIXT) — Dividend Analysis 2026
MiX Telematics Limited provides fleet and mobile asset management solutions through software-as-a-service (Saas) delivery model. The company offers MiX Fleet Manager, a web-based application, which provides commercial fleet management solution that gives user live and historical views of driver and vehicle performance information, including vehicle tracking and status information, as well as alerts and notifications; MiX Asset Manager, a portfolio of asset tracking products comprising generators, light towers, storage tanks, and pumps; and Matrix, a mobile asset management solutions that offers real-time and historical vehicle tracking and positioning, unauthorized vehicle use alerts, panic emergency response, crash alerts, driver behavior alerts, fuel tax logbooks, and vehicle maintenance notifications for entry-level fleets and consumers. It also provides Beam-e, a crowdsourcing platform to locate vehicles without the expense of utilizing a traditional cellular network connection, and entry-level tracking and recovery services; MiX Now, a system that helps companies monitor and manage the behavior and performance of their vehicles and drivers. It delivers fleet and mobile asset management solutions as SaaS to 815,165 subscribers in South Africa, the Americas, the Middle East, Australia, Europe, and Brazil. MiX Telematics Limited was founded in 1996 and is headquartered in Boca Raton, Florida.
Is MIXT a good dividend investment in 2026?
MIXT offers a 1.65% forward yield with a 50% payout ratio. Strand Safety Score: 70/100 (Safe). The 5-year dividend CAGR of 100% demonstrates strong, consistent growth that outpaces inflation.
MIXT DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your MIXT portfolio grows to $12.06M vs $10.58M without reinvestment. This is the compound interest effect in action.
MIXT dividend growth history & forecast
MIXT has grown its dividend by 0% over the last year and 100% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 1.65%.
Debt/EBITDA 0.0× — low leverage, balance sheet is strong
Earnings Momentum+0.0B → +0.0B → +0.0B
0 / 30 pts
0/30
Company is reporting net losses — dividend sustainability is in question
OVERALL ASSESSMENT
Dividend appears safe — fundamentals solid with moderate concerns.
STRAND SCORE
70
/100
Strand Safety Score™ is proprietary to DividendFlow. Inputs: FCF, Debt/EBITDA, Net Income from SEC filings via FMP. Not financial advice. N/A for ETFs, pre-revenue companies, and tickers without income statements.
🌍 MIXT Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold MIXT.
Gross yield
1.65%
Tax rate
15.00%
After-tax yield
1.40%
Real yield (−CPI)
-1.40%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
1.65%
-1.15%
$165 / yr
🇺🇸 US Taxable (15%) ✓
15%
1.40%
-1.40%
$140 / yr
🇺🇸 US Taxable (20%)
20%
1.32%
-1.48%
$132 / yr
🇬🇧 UK ISA
0%
1.65%
-1.15%
$165 / yr
🇬🇧 UK Taxable
8.75%
1.51%
-1.29%
$151 / yr
🇨🇦 TFSA
0%
1.65%
-1.15%
$165 / yr
🇨🇦 CA Taxable
25%
1.24%
-1.56%
$124 / yr
🇦🇺 Super (pension)
15%
1.40%
-1.40%
$140 / yr
🇦🇺 AU Taxable
30%
1.15%
-1.65%
$115 / yr
🇩🇪 DE Taxable
26.375%
1.21%
-1.59%
$121 / yr
🇫🇷 FR Taxable
30%
1.15%
-1.65%
$115 / yr
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 MIXT Income Goal & Break-Even
Dividend Break-Even
7yr
Years for dividends to fully repay your MIXT investment of $14.55/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$320.8K
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$318.3K
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in MIXT for:
Shares needed
117,648
Capital required
$1,711,778
Monthly income
$2,000
Based on current dividend of $0.24/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 MIXT Dividend Payment Schedule
MIXT pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$0.51 / payment
$2.04 / year after tax
100 shares
$5.10 / payment
$20.40 / year after tax
1,000 shares
$51.00 / payment
$204.00 / year after tax
📊 MIXT vs Technology Benchmarks
How MIXT compares to typical Technology averages.
Benchmark: Technology
Dividend Yield▲+0.25% vs sectorBetter
MIXT
1.65%
avg
1.40%
5Y Dividend CAGR▲+90.60% vs sectorBetter
MIXT
100.00%
avg
9.40%
Payout Ratio▼+22.00% vs sectorBelow avg
MIXT
50.00%
avg
28.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for MIXT sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ MIXT Insider Activity
When executives buy their own stock, it's a signal they believe in the dividend's sustainability.
Insider
Title
Type
Date
Shares
Price
Total Value
Dell Paul M
officer: Group Chief Financial Officer
D-Return
2024-04-02
500,000
$0.47
$235.0K
Dell Paul M
officer: Group Chief Financial Officer
D-Return
2024-04-02
585,000
$0.28
$163.8K
Dell Paul M
officer: Group Chief Financial Officer
D-Return
2024-04-02
594,889
$388710.00
$231239.30M
Dell Paul M
officer: Group Chief Financial Officer
D-Return
2024-04-02
500,000
$0.56
$280.0K
Dell Paul M
officer: Group Chief Financial Officer
D-Return
2024-04-02
500,000
$0.34
$170.0K
Dell Paul M
officer: Group Chief Financial Officer
D-Return
2024-04-02
500,000
$0.27
$135.0K
Bruyns Stephen R
director
D-Return
2024-04-02
3,696,563
$2415386.00
$8928626.52M
JACOBS IAN
director
D-Return
2024-04-02
240,700
$157276.00
$37856.33M
JACOBS IAN
director
D-Return
2024-04-02
34,096,150
$22278917.00
$759625295.87M
Joselowitz Stefan B
director, officer: President and CEO
D-Return
2024-04-02
800,000
$0.34
$272.0K
Insider transactions sourced from SEC Form 4 filings via Financial Modeling Prep. See disclaimer.
🎯
Analyst Price Target
Wall Street consensus
Current Price
$14.55
Analyst Target
$12.00
Upside / Downside
-17.5%
Range
$12.00 – $12.00
💡 If MIXT reaches the analyst target of $12.00, investors buying today at $14.55 would see an effective yield of 2.00% on shares purchased at target price — vs 1.65% at current price.
Analyst consensus price target via FMP. Not a guarantee of future performance. Past analyst accuracy varies.
🔬
Financial Health Scores
Altman Z-Score
4.41
✅ Safe Zone — low bankruptcy risk
Safe: >3.0 · Grey: 1.81–3.0 · Distress: <1.81
Piotroski F-Score
6/9
⚠️ Moderate fundamentals
Strong: 7–9 · Moderate: 4–6 · Weak: 0–3
Altman Z-Score predicts bankruptcy risk. Piotroski F-Score measures financial strength across 9 criteria. High scores → lower dividend cut risk. Data via FMP financial statements.
🌍
Geographic Revenue Breakdown
Where MIXT earns its money
Foreign-Based Segments100%
Revenue breakdown from latest annual report via FMP. Percentages may not sum to 100% due to rounding.
📊 About This Data
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the MIXT dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →