MTL Cannabis (XCNQ:MTLC) Forward Dividend Yield % : 0.00% (As of Dec. 15, 2024)

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What is MTL Cannabis Forward Dividend Yield %?

As of today (2024-12-15), the Forward Annual Dividend Yield of MTL Cannabis is 0.00%.

As of today (2024-12-15), the Trailing Annual Dividend Yield of MTL Cannabis is 0.00%.

XCNQ:MTLC's Forward Dividend Yield % is not ranked ^*
in the Tobacco Products industry.
Industry Median: 6.745
* Ranked among companies with meaningful Forward Dividend Yield % only.

MTL Cannabis's Dividends per Share for the three months ended in Sep. 2024 was C$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 MTL Cannabis's Forward Dividend Yield %

For the Tobacco subindustry, MTL Cannabis'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.

MTL Cannabis's Forward Dividend Yield % Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, MTL Cannabis's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where MTL Cannabis's Forward Dividend Yield % falls into.

MTL Cannabis Forward Dividend Yield % Calculation

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

MTL Cannabis (XCNQ:MTLC) 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.

MTL Cannabis Forward Dividend Yield % Related Terms

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MTL Cannabis Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » MTL Cannabis Corp (XCNQ:MTLC) » Definitions » Forward Dividend Yield %

Comparable Companies

Traded in Other Exchanges

J4E:Germany

Address

4225 Autoroute Transcanadienne, Pointe-Claire, Montreal, QC, CAN, H9R 1B4

Website

https://www.mtlcannabis.ca

MTL Cannabis Corp is a flower-first company built for the modern street, MTL Cannabis uses proprietary hydroponic growing methodologies supported by handcrafted techniques to produce products that are truly crafted for the masses. The company focuses on craft quality cannabis products, including lines of dried flower, pre-rolls and hash marketed under the MTL Cannabis, Low Key by MTL and R'belle brands for the Canadian market through nine distribution arrangements with various provincial cannabis distributors. It has also developed a number of export channels for bulk and unbranded GACP quality cannabis. It uses proprietary hydroponic growing methodologies supported by handcrafted techniques to produce products that are truly craft for the masses.

MTL Cannabis Headlines

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