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Mydecine Innovations Group (Mydecine Innovations Group) Forward Dividend Yield % : 0.00% (As of May. 01, 2024)


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What is Mydecine Innovations Group Forward Dividend Yield %?

As of today (2024-05-01), the Forward Annual Dividend Yield of Mydecine Innovations Group is 0.00%.

As of today (2024-05-01), the Trailing Annual Dividend Yield of Mydecine Innovations Group is 0.00%.

MYCOF's Forward Dividend Yield % is not ranked *
in the Drug Manufacturers industry.
Industry Median: 1.88
* Ranked among companies with meaningful Forward Dividend Yield % only.

Mydecine Innovations Group's Dividends per Share for the three months ended in Sep. 2023 was $0.00.

The growth rate is calculated with least square regression.

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


Competitive Comparison of Mydecine Innovations Group's Forward Dividend Yield %

For the Drug Manufacturers - Specialty & Generic subindustry, Mydecine Innovations 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.


Mydecine Innovations Group's Forward Dividend Yield % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Mydecine Innovations Group's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Mydecine Innovations Group's Forward Dividend Yield % falls into.



Mydecine Innovations Group Forward Dividend Yield % Calculation

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


Mydecine Innovations Group  (OTCPK:MYCOF) 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.


Mydecine Innovations Group Forward Dividend Yield % Related Terms

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Mydecine Innovations Group (Mydecine Innovations Group) Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 810, Vancouver, BC, CAN, V6C 1H2
Mydecine Innovations Group Inc is a biopharma and life sciences company engaged in the research, drug development, and clinical trials of psilocybin products.