Major Drilling Group International (Major Drilling Group International) Forward Dividend Yield %

: 0.00% (As of Today)

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As of today (2024-04-19), the Forward Annual Dividend Yield of Major Drilling Group International is 0.00%.

As of today (2024-04-19), the Trailing Annual Dividend Yield of Major Drilling Group International is 0.00%.

MJDLF's Forward Dividend Yield % is not ranked ^*
in the Metals & Mining industry.
Industry Median: 2.405
* Ranked among companies with meaningful Forward Dividend Yield % only.

Major Drilling Group International's Dividends per Share for the three months ended in Oct. 2023 was $0.00.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Major Drilling Group International was 14.60% per year. The lowest was -53.60% per year. And the median was 8.50% per year.

The growth rate is calculated with least square regression.

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

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Major Drilling Group International'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.

Major Drilling Group International Forward Dividend Yield % Distribution

For the Metals & Mining industry and Basic Materials sector, Major Drilling Group International's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Major Drilling Group International's Forward Dividend Yield % falls into.

Major Drilling Group International Forward Dividend Yield % Calculation

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

Major Drilling Group International (OTCPK:MJDLF) 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.

Major Drilling Group International Forward Dividend Yield % Related Terms

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Major Drilling Group International (Major Drilling Group International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Major Drilling Group International Inc (OTCPK:MJDLF) » Definitions » Forward Dividend Yield %

Comparable Companies

Traded in Other Exchanges

3MJ:Germany MDI:Canada

Address

111 St. George Street, Suite 100, Moncton, NB, CAN, E1C 1T7

Website

https://www.majordrilling.com

Major Drilling Group International Inc is engaged in the business of contract drilling, and it provides services to companies that are involved in mining and mineral exploration. It offers surface and underground coring, directional, reverse circulation, sonic, geotechnical, environmental, water-well, coal-bed methane, shallow gas, and underground percussive/long-hole drilling services, as well as various drilling-related mine services. Its geographical segments are Canada - the United States; South and Central America; and Australasia and Africa, of which most of its revenue comes from Canada - the United States.

Major Drilling Group International (Major Drilling Group International) Headlines

From GuruFocus

Chuck Royce Acquires New Stake in Major Drilling Group International Inc

By GuruFocus Research • 01-24-2024

Major Drilling announces Kim Keating to become Board Chair; David Tennant to Retire from the Board at the 2022 AGM

By GlobeNewswire GlobeNewswire • 06-27-2022