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Midway (ASX:MWY) Forward Dividend Yield % : 0.00% (As of Jun. 10, 2024)


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What is Midway Forward Dividend Yield %?

As of today (2024-06-10), the Forward Annual Dividend Yield of Midway is 0.00%.

As of today (2024-06-10), the Trailing Annual Dividend Yield of Midway is 0.00%.

ASX:MWY's Forward Dividend Yield % is not ranked *
in the Forest Products industry.
Industry Median: 2.58
* Ranked among companies with meaningful Forward Dividend Yield % only.

Midway's Dividends per Share for the six months ended in Dec. 2023 was A$0.00.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Midway's Forward Dividend Yield %

For the Lumber & Wood Production subindustry, Midway's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Midway's Forward Dividend Yield % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Midway's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Midway's Forward Dividend Yield % falls into.



Midway Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.


Midway  (ASX:MWY) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Midway Forward Dividend Yield % Related Terms

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Midway (ASX:MWY) Business Description

Traded in Other Exchanges
N/A
Address
10 The Esplanade, North Shore, VIC, AUS, 3214
Midway Ltd is engaged in the production and export of wood fiber to producers of pulp, paper, and associated products in Japan and China. The company derives income from producing hardwood and softwood woodchips. Its segments include Woodfibre Processing, Forestry Logistics, Plantation Management, and Ancillary. It generates the majority of revenue from Woodfibre Processing.

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