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Meikles (LSE:MIK) Dividend Yield % : 0.00% (As of May. 27, 2024)


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What is Meikles Dividend Yield %?

As of today (2024-05-27), the Trailing Annual Dividend Yield of Meikles is 0.00%.

The historical rank and industry rank for Meikles's Dividend Yield % or its related term are showing as below:

During the past 7 years, the highest Dividend Yield of Meikles was 886.33%. The lowest was 0.01%. And the median was 0.68%.

LSE:MIK's Dividend Yield % is not ranked *
in the Retail - Cyclical industry.
Industry Median: 2.63
* Ranked among companies with meaningful Dividend Yield % only.

Meikles's Dividend Payout Ratio for the six months ended in Aug. 2023 was 0.37.

During the past 7 years, the highest Dividend Payout Ratio of Meikles was 5.83. The lowest was 0.01. And the median was 0.56.

As of today (2024-05-27), the Forward Dividend Yield % of Meikles is 0.00%.

Meikles's Dividends per Share for the six months ended in Aug. 2023 was $0.02.

During the past 12 months, Meikles's average Dividends Per Share Growth Rate was 217.60% per year.

The growth rate is calculated with least square regression.

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


Meikles Dividend Yield % Historical Data

The historical data trend for Meikles's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Meikles Dividend Yield % Chart

Meikles Annual Data
Trend Dec08 Dec09 Mar11 Mar12 Mar19 Mar20 Mar21
Dividend Yield %
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Meikles Semi-Annual Data
Dec09 Mar11 Mar12 Sep12 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Aug23
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Competitive Comparison of Meikles's Dividend Yield %

For the Department Stores subindustry, Meikles's Dividend Yield %, along with its competitors' market caps and 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.


Meikles's Dividend Yield % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Meikles's Dividend Yield % distribution charts can be found below:

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



Meikles Dividend Yield % Calculation

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

Meikles Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0060002023-12-062023-12-082023-12-14Cash Dividendsemi-annuallyUSD:USD 1.000000
USD 0.0080002023-07-262023-07-282023-08-08Cash Dividendsemi-annuallyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Meikles's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.014/0.425
=3.29 %

Current Share Price is $0.425.
Meikles's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.014.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Meikles  (LSE:MIK) 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.


Meikles Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Meikles's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Meikles (LSE:MIK) Business Description

Traded in Other Exchanges
Address
4 Steppes Road, Highlands, Harare, ZWE
Meikles Ltd is a Zimbabwe-based investment holding company. Its business segments include Supermarkets, Hotels, properties, and security guard operations. It is organized into two geographical segments, Zimbabwe, and non-Zimbabwe. The majority of its revenue is generated from the Supermarkets segment within Zimbabwe.