GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Muscat Thread Mills SAOG (MUS:MTMI) » Definitions » Forward Dividend Yield %

Muscat Thread MillsOG (MUS:MTMI) Forward Dividend Yield % : 5.00% (As of Jun. 22, 2024)


View and export this data going back to 1998. Start your Free Trial

What is Muscat Thread MillsOG Forward Dividend Yield %?

As of today (2024-06-22), the Forward Annual Dividend Yield of Muscat Thread MillsOG is 5.00%.

As of today (2024-06-22), the Trailing Annual Dividend Yield of Muscat Thread MillsOG is 5.00%.

MUS:MTMI's Forward Dividend Yield % is ranked better than
75.14% of 535 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.65 vs MUS:MTMI: 5.00

Muscat Thread MillsOG's Dividends per Share for the six months ended in Dec. 2022 was ر.ع0.00.

The growth rate is calculated with least square regression.

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


Competitive Comparison of Muscat Thread MillsOG's Forward Dividend Yield %

For the Textile Manufacturing subindustry, Muscat Thread MillsOG'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.


Muscat Thread MillsOG's Forward Dividend Yield % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Muscat Thread MillsOG's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Muscat Thread MillsOG's Forward Dividend Yield % falls into.



Muscat Thread MillsOG Forward Dividend Yield % Calculation

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

Muscat Thread MillsOG Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
OMR 0.0050002024-03-052024-03-040000-00-00Cash DividendannuallyOMR:OMR 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.

Muscat Thread MillsOG's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=/0.10
=0.00 %

Current Share Price is ر.ع0.10.
Muscat Thread MillsOG's Dividends per Share for the forward twelve months is calculated as ر.ع * = ر.ع.

Muscat Thread MillsOG's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.005/0.10
=5.00 %

Current Share Price is ر.ع0.10.
Muscat Thread MillsOG's Dividends per Share for the trailing twelve months (TTM) ended in Today is ر.ع0.005.

* 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.


Muscat Thread MillsOG  (MUS:MTMI) 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.


Muscat Thread MillsOG Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Muscat Thread MillsOG's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Muscat Thread MillsOG (MUS:MTMI) Business Description

Traded in Other Exchanges
N/A
Address
Road No 18, P.O.Box 122, Rusayl, OMN, 124
Muscat Thread Mills SAOG manufactures and markets sewing threads in the Sultanate of Oman. It offers apparel sewing, embroidery, fire-resistant, and water-soluble threads under the Boat and Silver Falcon brand names. The firm's revenue is mainly generated from exports. The company also markets its products to Bangladesh, Sri Lanka, India, Pakistan, the United Arab Emirates, Turkey, Jordan, Madagascar, Kenya, Egypt, Mauritius, Saudi Arabia, Indonesia, Qatar, and Kuwait.

Muscat Thread MillsOG (MUS:MTMI) Headlines

No Headlines