Meikles (LSE:MIK) Dividend Payout Ratio: 0.00 (As of Feb. 2024)


LSE:MIK Meikles Ltd LSE:MIK
17 GF Score
Price $0.43
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What is Meikles Dividend Payout Ratio?

Meikles LSE:MIK 17 Dividend Payout Ratio is 0.00 as of Feb. 2024. GuruFocus rates LSE:MIK with a GF Score™ of 17/100.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Meikles's Dividend Payout Ratio for the months ended in Feb. 2024 was 0.00.

The historical rank and industry rank for Meikles's Dividend Payout Ratio or its related term are showing as below:


During the past 9 years, the highest Dividend Payout Ratio of Meikles was 0.01. The lowest was 0.00. And the median was 0.00.

LSE:MIK's Dividend Payout Ratio is not ranked *
in the Retail - Cyclical industry.
Industry Median: 0.415
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2026-07-06), the Dividend Yield % of Meikles is 0.00%.

Meikles's Dividends per Share for the months ended in Feb. 2024 was $0.01.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Meikles (LSE:MIK) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.


Meikles Dividend Payout Ratio Related Terms


Meikles Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Meikles's Dividend Payout Ratio can be seen below:

* 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.

Meikles Dividend Payout Ratio Chart

Meikles Annual Data
Trend Dec08 Dec09 Mar11 Mar12 Mar19 Mar20 Mar21 Mar22 Feb24
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only 6.50 0.00 0.60 0.10 0.01

Meikles Semi-Annual Data
Dec08 Dec09 Mar11 Mar12 Sep12 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Aug23 Feb24
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.07 0.12 0.38 0.37 0.00

LSE:MIK vs DDS, M: Dividend Payout Ratio Comparison

For the Department Stores subindustry, Meikles's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.


Meikles Dividend Payout Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Meikles's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Meikles's Dividend Payout Ratio falls into.


LSE:MIK
17GF Score
Meikles Ltd LSE:MIK
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Meikles Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Meikles's Dividend Payout Ratio for the fiscal year that ended in Feb. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Feb. 2024 )/ EPS without NRI (A: Feb. 2024 )
=0.022/ 3.468
=0.01

Meikles's Dividend Payout Ratio for the quarter that ended in Feb. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Feb. 2024 )/ EPS without NRI (Q: Feb. 2024 )
=0.007/ 3.496
=0.00

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.00 mean?
Meikles (LSE:MIK) has a Dividend Payout Ratio of 0.00 as of Feb. 2024. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Meikles and its competitors.
Is Meikles' Dividend Payout Ratio too high?
Meikles' current Dividend Payout Ratio is 0.00. Overall, Meikles has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Meikles' Dividend Payout Ratio compare to DDS and M?
Meikles' Dividend Payout Ratio of 0.00 can be compared against companies in the Retail - Cyclical industry. The industry median Dividend Payout Ratio is 0.42. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Retail - Cyclical company?
The median Dividend Payout Ratio among Retail - Cyclical companies is 0.42, based on 510 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Meikles and its competitors. For the Retail - Cyclical industry, the median Dividend Payout Ratio is 0.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meikles's current Dividend Payout Ratio 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 Meikles stock overvalued right now?
Meikles (LSE:MIK) has a current Dividend Payout Ratio of 0.00. The current Dividend Payout Ratio is 0.00. Meikles' overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Meikles (LSE:MIK), the current Dividend Payout Ratio is 0.00 as of Feb. 2024. 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.

Meikles Business Description

Address 4 Steppes Road, Highlands, Harare, ZWE
Meikles Ltd is a Zimbabwe-based investment holding company with diversified segments. Its Supermarkets segment operates a chain of stores offering groceries, fresh produce, and household goods, generating the majority of the revenue in Zimbabwe. The Hotels segment provides accommodation, food and beverage services, event hosting, and leisure facilities. The Properties segment develops, leases, and manages commercial properties. The Security Services segment provides on-site personnel to corporate and residential clients, while the Corporate segment oversees administration and strategic planning. Operations are divided between Zimbabwe and non-Zimbabwe, with the majority of revenue coming from Zimbabwe.
17GF Score

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Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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