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My Food Bag Group (ASX:MFB) Forward Dividend Yield % : 42.79% (As of May. 16, 2024)


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What is My Food Bag Group Forward Dividend Yield %?

As of today (2024-05-16), the Forward Annual Dividend Yield of My Food Bag Group is 42.79%.

As of today (2024-05-16), the Trailing Annual Dividend Yield of My Food Bag Group is 42.79%.

ASX:MFB's Forward Dividend Yield % is not ranked
in the Retail - Cyclical industry.
Industry Median: 2.87 vs ASX:MFB: 42.79

My Food Bag Group's Dividends per Share for the six months ended in Sep. 2023 was A$0.00.

During the past 12 months, My Food Bag Group's average Dividends Per Share Growth Rate was -65.10% per year.

The growth rate is calculated with least square regression.

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


Competitive Comparison of My Food Bag Group's Forward Dividend Yield %

For the Internet Retail subindustry, My Food Bag Group'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.


My Food Bag Group's Forward Dividend Yield % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, My Food Bag Group's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where My Food Bag Group's Forward Dividend Yield % falls into.



My Food Bag Group Forward Dividend Yield % Calculation

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


My Food Bag Group  (ASX:MFB) 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.


My Food Bag Group Forward Dividend Yield % Related Terms

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My Food Bag Group (ASX:MFB) Business Description

Traded in Other Exchanges
Address
56 Parnell Road, Level 3, Parnell, Auckland, NTL, NZL, 1052
My Food Bag Group Ltd operates in the fast-growing online food delivery market in New Zealand. It delivers bags full of fresh and locally sourced ingredients along with easy-to-follow recipes direct to families across New Zealand. The company drives revenue primarily by the volume of bags delivered to customers and the average order value of bags delivered.

My Food Bag Group (ASX:MFB) Headlines

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