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Mitchell Services (ASX:MSV) Dividend Yield % : 10.20% (As of May. 21, 2024)


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What is Mitchell Services Dividend Yield %?

As of today (2024-05-21), the Trailing Annual Dividend Yield of Mitchell Services is 10.20%.

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

ASX:MSV' s Dividend Yield % Range Over the Past 10 Years
Min: 10.2   Med: 21.94   Max: 24.67
Current: 10.2

During the past 12 years, the highest Dividend Yield of Mitchell Services was 24.67%. The lowest was 10.20%. And the median was 21.94%.

ASX:MSV's Dividend Yield % is ranked better than
94.1% of 305 companies
in the Metals & Mining industry
Industry Median: 2.24 vs ASX:MSV: 10.20

Mitchell Services's Dividend Payout Ratio for the six months ended in Dec. 2023 was 1.05.

During the past 12 years, the highest Dividend Payout Ratio of Mitchell Services was 0.40. The lowest was 0.00. And the median was 0.00.

As of today (2024-05-21), the Forward Dividend Yield % of Mitchell Services is 10.20%.

Mitchell Services's Dividends per Share for the six months ended in Dec. 2023 was A$0.02.

The growth rate is calculated with least square regression.

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


Mitchell Services Dividend Yield % Historical Data

The historical data trend for Mitchell Services'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.

Mitchell Services Dividend Yield % Chart

Mitchell Services Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Dividend Yield %
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Mitchell Services Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Dividend Yield % 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 - - - - 5.27

Competitive Comparison of Mitchell Services's Dividend Yield %

For the Other Industrial Metals & Mining subindustry, Mitchell Services'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.


Mitchell Services's Dividend Yield % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Mitchell Services's Dividend Yield % distribution charts can be found below:

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



Mitchell Services Dividend Yield % Calculation

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

Mitchell Services Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
AUD 0.0200002024-02-282024-02-292024-03-18Cash Dividendsemi-annuallyAUD:AUD 1.000000
AUD 0.0208002023-08-292023-08-302023-09-15Cash DividendannuallyAUD:AUD 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.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.0408/0.40
=10.20 %

Current Share Price is A$0.40.
Mitchell Services's Dividends per Share for the trailing twelve months (TTM) ended in Today is A$0.0408.

Mitchell Services's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.04/0.40
=10.00 %

Current Share Price is A$0.40.
Mitchell Services's Dividends per Share for the forward twelve months is calculated as A$0.02 * 2 = A$0.04.

* 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.


Mitchell Services  (ASX:MSV) 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.


Mitchell Services Dividend Yield % Related Terms

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Mitchell Services (ASX:MSV) Business Description

Traded in Other Exchanges
N/A
Address
112 Bluestone Circuit, Seventeen Mile Rocks, Brisbane, QLD, AUS, 4073
Mitchell Services Ltd provides drilling services to the global exploration, mining, and energy industries. Its services extend across three key drilling divisions namely exploration, mine services, and underground. It provides drilling solutions at all stages of the mining lifecycle in both the minerals and energy sectors. The group's services include grassroots exploration, project feasibility, construction, production, closure and remediation. The company generates the majority of its revenue from Surface drilling services.

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