MingZhu Logistics Holdings (MingZhu Logistics Holdings) Dividend Payout Ratio : 0.00 (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is MingZhu Logistics Holdings Dividend Payout Ratio?

MingZhu Logistics Holdings's dividend payout ratio for the months ended in Dec. 2023 was 0.00.

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

YGMZ's Dividend Payout Ratio is not ranked ^*
in the Transportation industry.
Industry Median: 0.4
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-05-27), the Dividend Yield % of MingZhu Logistics Holdings is 0.00%.

MingZhu Logistics Holdings's Dividends per Share for the months ended in Dec. 2023 was $0.00.

The growth rate is calculated with least square regression.

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

MingZhu Logistics Holdings Dividend Payout Ratio Historical Data

The historical data trend for MingZhu Logistics Holdings'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.

MingZhu Logistics Holdings Dividend Payout Ratio Chart

MingZhu Logistics Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

Get a 7-Day Free Trial

MingZhu Logistics Holdings Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial							-	-	-	-	-

Competitive Comparison of MingZhu Logistics Holdings's Dividend Payout Ratio

For the Trucking subindustry, MingZhu Logistics Holdings'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.

MingZhu Logistics Holdings's Dividend Payout Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, MingZhu Logistics Holdings's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where MingZhu Logistics Holdings's Dividend Payout Ratio falls into.

MingZhu Logistics Holdings Dividend Payout Ratio Calculation

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

MingZhu Logistics Holdings's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0	/	0.01
	=	0.00

MingZhu Logistics Holdings's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0	/	0.05
	=	0.00

MingZhu Logistics Holdings (NAS:YGMZ) 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.

MingZhu Logistics Holdings Dividend Payout Ratio Related Terms

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

MingZhu Logistics Holdings (MingZhu Logistics Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » MingZhu Logistics Holdings Ltd (NAS:YGMZ) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3018 Shayan Road, 27F, Yantian Modern Industry Service Center, Yantian District, Guangdong, Shenzhen, CHN, 518081

Website

http://www.szygmz.com

MingZhu Logistics Holdings Ltd provides transportation and logistics services. The firm offers 3A-grade trucking services in China. It operates a self-owned truckload fleet with more than 130 tractors and 90 trailers. The firm's transportation services are operated out of two terminals: Guangdong region, and Xinjiang region. The company's customers include sizeable logistics companies, freight forwarders, and warehouse operators. The firm derives its key revenue from the trucking service business.