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MI Technovation Bhd (MI Technovation Bhd) 3-Year Dividend Growth Rate : -12.60% (As of Dec. 2023)


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What is MI Technovation Bhd 3-Year Dividend Growth Rate?

MI Technovation Bhd's Dividends per Share for the three months ended in Dec. 2023 was $0.00.

The historical rank and industry rank for MI Technovation Bhd's 3-Year Dividend Growth Rate or its related term are showing as below:

MITNF' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -12.6   Med: -3.1   Max: 78.8
Current: -12.6

During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of MI Technovation Bhd was 78.80% per year. The lowest was -12.60% per year. And the median was -3.10% per year.

MITNF's 3-Year Dividend Growth Rate is ranked worse than
88.66% of 335 companies
in the Semiconductors industry
Industry Median: 17.3 vs MITNF: -12.60

During the past 3 years, the average Dividends Per Share Growth Rate was -12.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 17.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

MI Technovation Bhd's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00. As of today, MI Technovation Bhd's Dividend Yield % is 0.00%.

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


Competitive Comparison of MI Technovation Bhd's 3-Year Dividend Growth Rate

For the Semiconductor Equipment & Materials subindustry, MI Technovation Bhd's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.


MI Technovation Bhd's 3-Year Dividend Growth Rate Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, MI Technovation Bhd's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where MI Technovation Bhd's 3-Year Dividend Growth Rate falls into.



MI Technovation Bhd 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


MI Technovation Bhd  (OTCPK:MITNF) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

MI Technovation Bhd's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0/ 0.003
=0.00

During the past 9 years, the highest Dividend Payout Ratio of MI Technovation Bhd was 0.82. The lowest was 0.09. And the median was 0.50.

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

MI Technovation Bhd Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
MYR 0.0200002024-03-072024-03-082024-03-25Cash Dividendsemi-annuallyMYR:USD 0.211662
MYR 0.0200002023-08-242023-08-252023-09-11Cash Dividendsemi-annuallyMYR:USD 0.215680

* 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.

MI Technovation Bhd's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.00854684/0.57
=1.50 %

Current Share Price is $0.57.
MI Technovation Bhd's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.00854684.

During the past 9 years, the highest Dividend Yield of MI Technovation Bhd was 6.42%. The lowest was 0.25%. And the median was 1.85%.

* 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.


MI Technovation Bhd 3-Year Dividend Growth Rate Related Terms>


MI Technovation Bhd (MI Technovation Bhd) Business Description

Traded in Other Exchanges
Address
No. 20, Medan Bayan Lepas Technoplex, MK 12, Taman Perindustrian Bayan Lepas, Bayan Lepas, PNG, MYS, 11900
MI Technovation Bhd is an investment holding company. The group is involved in design, development, manufacture, and sale of wafer level chip scale packaging sorting machines with inspection and testing capabilities for the semiconductor industry. Its reportable segments are as follows: 1) Semiconductor equipment business unit is Involved in the manufacturing and sales of the semiconductor manufacturing equipment, paired with smart factory automation solutions for Industrial 4.0, together with the provision of maintenance services and technical support for these machines, as well as the sale of related spare parts and components. 2) Semiconductor material business unit is involved in the manufacturing and sales of solder spheres. 3) Others includes investment holding and other activities.

MI Technovation Bhd (MI Technovation Bhd) Headlines

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