Al-Maidan Dental Clinic Co KSC (KUW:MIDAN) Dividend Yield % : 0.69% (As of Jun. 17, 2024)

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What is Al-Maidan Dental Clinic Co KSC Dividend Yield %?

As of today (2024-06-17), the Trailing Annual Dividend Yield of Al-Maidan Dental Clinic Co KSC is 0.69%.

Warning Sign:

Al-Maidan Dental Clinic Co KSC stock dividend yield is close to 2-year low.

The historical rank and industry rank for Al-Maidan Dental Clinic Co KSC's Dividend Yield % or its related term are showing as below:

KUW:MIDAN' s Dividend Yield % Range Over the Past 10 Years
Min: 0.43 Med: 0.59 Max: 2.01
Current: 0.69

During the past 13 years, the highest Dividend Yield of Al-Maidan Dental Clinic Co KSC was 2.01%. The lowest was 0.43%. And the median was 0.59%.

KUW:MIDAN's Dividend Yield % is ranked worse than
84.07% of 270 companies
in the Healthcare Providers & Services industry
Industry Median: 2.005 vs KUW:MIDAN: 0.69

Al-Maidan Dental Clinic Co KSC's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Al-Maidan Dental Clinic Co KSC was 0.26. The lowest was 0.07. And the median was 0.22.

As of today (2024-06-17), the Forward Dividend Yield % of Al-Maidan Dental Clinic Co KSC is 0.69%.

Al-Maidan Dental Clinic Co KSC's Dividends per Share for the three months ended in Dec. 2023 was KWD0.00.

During the past 12 months, Al-Maidan Dental Clinic Co KSC's average Dividends Per Share Growth Rate was -54.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 11.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Al-Maidan Dental Clinic Co KSC was 22.40% per year. The lowest was 11.20% per year. And the median was 16.80% per year.

The growth rate is calculated with least square regression.

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

Al-Maidan Dental Clinic Co KSC Dividend Yield % Historical Data

The historical data trend for Al-Maidan Dental Clinic Co KSC'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.

Al-Maidan Dental Clinic Co KSC Dividend Yield % Chart

Al-Maidan Dental Clinic Co KSC Annual Data

Trend

Dec10

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Dividend Yield %

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0.41

0.56

1.63

1.52

Al-Maidan Dental Clinic Co KSC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Yield %	Get a 7-Day Free Trial															1.45	1.52	1.54	0.63	0.63

Competitive Comparison of Al-Maidan Dental Clinic Co KSC's Dividend Yield %

For the Medical Care Facilities subindustry, Al-Maidan Dental Clinic Co KSC'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.

Al-Maidan Dental Clinic Co KSC's Dividend Yield % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Al-Maidan Dental Clinic Co KSC's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Al-Maidan Dental Clinic Co KSC's Dividend Yield % falls into.

Al-Maidan Dental Clinic Co KSC Dividend Yield % Calculation

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

Al-Maidan Dental Clinic Co KSC Recent Full-Year* Dividend History

Amount	Ex-date	Record Date	Pay Date	Type	Frequency	Forex Rate
KWD 0.005000	2023-09-04	2023-09-06	2023-09-07	Cash Dividend	annually	KWD:KWD 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.

Al-Maidan Dental Clinic Co KSC's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield	=	Most Recent Full Year Dividend	/	Current Share Price
	=	0.005	/	0.723
	=	0.69 %

Current Share Price is KWD0.723.
Al-Maidan Dental Clinic Co KSC's Dividends per Share for the trailing twelve months (TTM) ended in Today is KWD0.005.

Al-Maidan Dental Clinic Co KSC's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield	=	Forward Full Year Dividend	/	Current Share Price
	=	0.005	/	0.723
	=	0.69 %

Current Share Price is KWD0.723.
Al-Maidan Dental Clinic Co KSC's Dividends per Share for the forward twelve months is calculated as KWD0.005 * 1 = KWD0.005.

Al-Maidan Dental Clinic Co KSC (KUW:MIDAN) 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.

Al-Maidan Dental Clinic Co KSC Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Al-Maidan Dental Clinic Co KSC's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.

Al-Maidan Dental Clinic Co KSC (KUW:MIDAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Al-Maidan Dental Clinic Co KSC (KUW:MIDAN) » Definitions » Dividend Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Khalid lbn Al-Waleed Street, P.O. Box 606, Floor 32, KBT Tower, Al-Merqab, Opposite to Behbehani Round-about, Kuwait City, KWT, 15457

Website

https://www.maidangroup.com

Al-Maidan Dental Clinic Co KSC owns and operates dental centers. The company operates in two segments: Clinics and Hospitals. Clinics provide services relating to oral health care, diagnosis, consultations and treatment to outpatients with specialty in dental treatment. The hospital segment generates the majority of revenue for the firm, which includes services relating to medical diagnosis, health care, consultations, surgical and treatment to both outpatients and inpatients with various specialties. Geographically, all of its operations are conducted in the State of Kuwait.

Al-Maidan Dental Clinic Co KSC (KUW:MIDAN) Headlines

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