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Mainstreet Equity (Mainstreet Equity) Dividend Payout Ratio : 0.02 (As of Mar. 2024)


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What is Mainstreet Equity Dividend Payout Ratio?

Mainstreet Equity's dividend payout ratio for the months ended in Mar. 2024 was 0.02.

The historical rank and industry rank for Mainstreet Equity's Dividend Payout Ratio or its related term are showing as below:


MEQYF's Dividend Payout Ratio is not ranked *
in the Real Estate industry.
Industry Median: 0.42
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-06-08), the Dividend Yield % of Mainstreet Equity is 0.03%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Mainstreet Equity was 0.03%. The lowest was 0.01%. And the median was 0.02%.

Mainstreet Equity's Dividends per Share for the months ended in Mar. 2024 was $0.02.

The growth rate is calculated with least square regression.

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


Mainstreet Equity Dividend Payout Ratio Historical Data

The historical data trend for Mainstreet Equity's Dividend Payout Ratio 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.

Mainstreet Equity Dividend Payout Ratio Chart

Mainstreet Equity Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Dividend Payout Ratio
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Mainstreet Equity Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 0.02

Competitive Comparison of Mainstreet Equity's Dividend Payout Ratio

For the Real Estate Services subindustry, Mainstreet Equity's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.


Mainstreet Equity's Dividend Payout Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Mainstreet Equity's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Mainstreet Equity's Dividend Payout Ratio falls into.



Mainstreet Equity Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Mainstreet Equity's Dividend Payout Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Sep. 2023 )/ EPS without NRI (A: Sep. 2023 )
=0/ 4.274
=0.00

Mainstreet Equity's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.02/ 1.308
=0.02

* 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.


Mainstreet Equity (OTCPK:MEQYF) Dividend Payout Ratio Explanation

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.


Mainstreet Equity Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Mainstreet Equity's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Mainstreet Equity (Mainstreet Equity) Business Description

Traded in Other Exchanges
Address
10th Avenue SE, Suite 305, Calgary, AB, CAN, T2G 0W2
Mainstreet Equity Corp is a residential real estate company. It is focused on the acquisition, redevelopment, repositioning, and management of mid-market rental apartment buildings. The business specializes in multi-family residential housing operating in a single segment. Geographically it operates in Canadian provinces including British Columbia, Alberta, Saskatchewan and Manitoba. The company generates revenue from rental income and others.

Mainstreet Equity (Mainstreet Equity) Headlines