MJDLF's Forward Dividend Yield % is not ranked *
in the Metals & Mining industry.
Industry Median: 2.005 * Ranked among companies with meaningful Forward Dividend Yield % only.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Major Drilling Group International was 14.60% per year. The lowest was -53.60% per year. And the median was 8.50% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Major Drilling Group International (OTCPK:MJDLF) 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.
Major Drilling Group International Forward Dividend Yield % Related Terms
Major Drilling Group International Forward Dividend Yield % Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Major Drilling Group International'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.
Major Drilling Group International Forward Dividend Yield % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Major Drilling Group International's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Major Drilling Group International's Forward Dividend Yield % falls into.
What does a Forward Dividend Yield % of 0.00% mean?
Major Drilling Group International (MJDLF) has a Forward Dividend Yield % of 0.00% as of Jun. 25, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Major Drilling Group International and its competitors. According to the industry distribution chart, Major Drilling Group International ranks #999999 out of 332 companies in the Metals & Mining industry.
Is Major Drilling Group International's Forward Dividend Yield % too high?
Major Drilling Group International's current Forward Dividend Yield % is 0.00%. Based on the distribution chart, Major Drilling Group International ranks #999999 out of 332 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Major Drilling Group International has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Major Drilling Group International's Forward Dividend Yield % compare to competitors?
According to the Metals & Mining industry distribution chart, Major Drilling Group International ranks #999999 out of 332 companies for Forward Dividend Yield %. This places Major Drilling Group International in the lower half of its industry. The industry median Forward Dividend Yield % is 2.01. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for a Metals & Mining company?
The median Forward Dividend Yield % among Metals & Mining companies is 2.01, based on 332 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Major Drilling Group International and its competitors. For the Metals & Mining industry, the median Forward Dividend Yield % is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Major Drilling Group International's current Forward Dividend Yield % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Major Drilling Group International stock overvalued right now?
Based on GuruFocus' analysis, Major Drilling Group International (MJDLF) is currently considered Modestly Overvalued. The stock's GF Value™ is $8.01, compared to a current price of $10.16 — trading 26.8% above its estimated fair value. The current Forward Dividend Yield % is 0.00%. Major Drilling Group International's overall GF Score™ is 82/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For Major Drilling Group International (MJDLF), the current Forward Dividend Yield % is 0.00% as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Major Drilling Group International (MJDLF) Overvalued in 2026?
Based on GuruFocus' analysis, Major Drilling Group International stock appears to be overvalued.
The current stock price of $10.16 is trading 26.8% above its estimated GF Value™ of $8.01.
GuruFocus considers Major Drilling Group International to be Modestly Overvalued.
Key valuation signals for MJDLF:
Forward Dividend Yield %: 0.00%
GF Value™: $8.01 vs. price of $10.16 (26.8% above fair value)
No single metric tells the full story. See the MJDLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Major Drilling Group International Business Description
Major Drilling Group International Inc consists of contract drilling for companies mainly involved in mining and mineral exploration. The Company has operations in North America, South America, Australia, Asia, and Africa. Its services are Surface Drilling Services, and Underground Drilling Services. Its geographical segments are Canada - the United States; South and Central America; and Australasia and Africa, of which majority of its revenue comes from South and Central America.
82GF Score
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Forward Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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