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MJ Holdings (MJ Holdings) Dividend Payout Ratio : 0.00 (As of Sep. 2023)


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What is MJ Holdings Dividend Payout Ratio?

MJ Holdings's dividend payout ratio for the months ended in Sep. 2023 was 0.00.

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


MJNE's Dividend Payout Ratio is not ranked *
in the Drug Manufacturers industry.
Industry Median: 0.33
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-05-22), the Dividend Yield % of MJ Holdings is 0.00%.

MJ Holdings's Dividends per Share for the 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.


MJ Holdings Dividend Payout Ratio Historical Data

The historical data trend for MJ Holdings'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.

* Premium members only.

MJ Holdings Dividend Payout Ratio Chart

MJ Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Dividend Payout Ratio
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MJ Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of MJ Holdings's Dividend Payout Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, MJ Holdings'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.


MJ Holdings's Dividend Payout Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, MJ Holdings's Dividend Payout Ratio distribution charts can be found below:

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



MJ Holdings Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

MJ Holdings's Dividend Payout Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2022 )/ EPS without NRI (A: Dec. 2022 )
=0/ -0.043
=N/A

MJ Holdings's Dividend Payout Ratio for the quarter that ended in Sep. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2023 )/ EPS without NRI (Q: Sep. 2023 )
=0/ -0.023
=N/A

* 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.


MJ Holdings (OTCPK:MJNE) Dividend Payout Ratio Explanation

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.


MJ Holdings Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of MJ Holdings's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


MJ Holdings (MJ Holdings) Business Description

Traded in Other Exchanges
N/A
Address
5730 Sky Pointe Dr., Suite 102, Las Vegas, NV, USA, 89130
MJ Holdings Inc engages in the provision of consulting and operating services to the regulated cannabis industry. It provides a full spectrum of infrastructure, cultivation management, production management, distribution consulting, and operating services to cultivation and production operators.
Executives
Paris Balaouras director, 10 percent owner, officer: Chief Cultivation Officer 212 DESERT VIEW, LAS VEGAS NV 89107
David C. Dear director 101 COLUMNS CIRCLE, SHELBY NC 28150
Bernard Thomas Moyle officer: Chief Financial Officer 201 W NORTH RIVER DR. #100, SPOKANE WA 99201
Roger James Bloss officer: Chief Executive Officer 201 W NORTH RIVER DR. #100, SPOKANE WA 99201
Terrence Mcgill Tierney officer: President 245 E 54TH STREET, #9S, NEW YORK NY 10022
Rsgroberg Consulting Llc officer: President 1256 PANINI DRIVE, ATTN: RICHARD GROBERG, HENDERSON NV 89052

MJ Holdings (MJ Holdings) Headlines

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