Mesa Laboratories (Mesa Laboratories) Dividend Payout Ratio : 0.41 (As of Dec. 2023)

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What is Mesa Laboratories Dividend Payout Ratio?

Mesa Laboratories's dividend payout ratio for the months ended in Dec. 2023 was 0.41.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Mesa Laboratories Inc is 3.76, which seems too high.

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

MLAB' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.15 Med: 0.26 Max: 3.77
Current: 3.76

During the past 13 years, the highest Dividend Payout Ratio of Mesa Laboratories was 3.77. The lowest was 0.15. And the median was 0.26.

MLAB's Dividend Payout Ratio is ranked worse than
96.88% of 1187 companies
in the Hardware industry
Industry Median: 0.47 vs MLAB: 3.76

As of today (2024-04-30), the Dividend Yield % of Mesa Laboratories is 0.62%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Mesa Laboratories was 1.05%. The lowest was 0.19%. And the median was 0.45%.

Mesa Laboratories's Dividends per Share for the months ended in Dec. 2023 was $0.16.

During the past 10 years, the average Dividends Per Share Growth Rate was 1.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Mesa Laboratories was 44.20% per year. The lowest was 1.10% per year. And the median was 8.25% per year.

The growth rate is calculated with least square regression.

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

Mesa Laboratories Dividend Payout Ratio Historical Data

The historical data trend for Mesa Laboratories'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.

Mesa Laboratories Dividend Payout Ratio Chart

Mesa Laboratories Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Dividend Payout Ratio

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0.18

1.56

1.00

1.83

3.77

Mesa Laboratories Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															2.00	1.46	-	-	0.41

Competitive Comparison of Mesa Laboratories's Dividend Payout Ratio

For the Scientific & Technical Instruments subindustry, Mesa Laboratories'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.

Mesa Laboratories's Dividend Payout Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Mesa Laboratories's Dividend Payout Ratio distribution charts can be found below:

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

Mesa Laboratories Dividend Payout Ratio Calculation

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

Mesa Laboratories's Dividend Payout Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2023 )	/	EPS without NRI (A: Mar. 2023 )
	=	0.64	/	0.17
	=	3.76

Mesa Laboratories'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 )
	=	0.16	/	0.39
	=	0.41

Mesa Laboratories (NAS:MLAB) 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.

Mesa Laboratories Dividend Payout Ratio Related Terms

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

Mesa Laboratories (Mesa Laboratories) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Mesa Laboratories Inc (NAS:MLAB) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

12100 West Sixth Avenue, Lakewood, CO, USA, 80228

Website

https://www.mesalabs.com

Mesa Laboratories Inc manufactures life sciences tools and critical quality control products. It operates in 4 divisions: Sterilization and Disinfection Control, which manufactures and sells biological, cleaning, and chemical indicators. It also provides testing and laboratory services, mainly to the dental industry; Biopharmaceutical Development segment develops, manufactures, and sells automated systems for protein analysis (immunoassays) and peptide synthesis solutions; Calibration Solutions division develops, manufactures, and sells quality control and calibration products used to measure or calibrate temperature, pressure, pH, humidity, and other such parameters for health and safety purposes; and Clinical Genomics. Its geographical segments include United States and Foreign.

Executives

Brian David Archbold	officer: SVP of Continuous Improvement	12100 W. 6TH AVENUE, LAKEWOOD CO 80228
John Bradley Schmieder	director	C/O MESA LABORATORIES, INC., 12100 W. 6TH AVENUE, LAKEWOOD CO 80228
Gary M Owens	officer: COO	12100 W. 6TH AVENUE, LAKEWOOD CO 80228
John V Sakys	officer: VP Finance, CFO	MESA LABORATORIES, INC., 12100 W. 6TH AVENUE, LAKEWOOD CO 80228
Shannon Hall	director	1000 ALFRED NOBEL DRIVE, HERCULES CA 94547
Evan Guillemin	director	380 LAFAYETTE STREET, SIXTH FLOOR, NEW YORK NY 10003
R Tony Tripeny	director	ONE RIVERFRONT PLAZA, CORNING NY 14831
Gregory Dinoia	officer: SVP Commercial Operations	12100 W. 6TH AVENUE, LAKEWOOD CO 80228
Mesa Laboratories Inc /co/	director	12100 W 6TH AVE, LAKEWOOD CO 80228
John James Sullivan	officer: VP Sales & Marketing	12100 W. 6TH AVENUE, LAKEWOOD CO 80228
David M Kelly	director
Shiraz Shabanali Ladiwala	director	C/O THERMO FISHER SCIENTIFIC INC., 168 THIRD AVENUE, WALTHAM MA 02451
Robert V Dwyer	director	12100 W 6TH AVE, LAKEWOOD CO 80228
Jennifer Sadie Alltoft	director	12100 W. 6TH AVENUE, LAKEWOOD CO 80228
David Brian Perez	director	12100 6TH AVENUE, LAKEWOOD CO 80228