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Minesto AB (OSTO:MINEST) Dividend Payout Ratio : 0.00 (As of Mar. 2024)


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What is Minesto AB Dividend Payout Ratio?

Minesto AB's dividend payout ratio for the months ended in Mar. 2024 was 0.00.

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


OSTO:MINEST's Dividend Payout Ratio is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 0.41
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-06-06), the Dividend Yield % of Minesto AB is 0.00%.

Minesto AB's Dividends per Share for the months ended in Mar. 2024 was kr0.00.

The growth rate is calculated with least square regression.

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


Minesto AB Dividend Payout Ratio Historical Data

The historical data trend for Minesto AB'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.

Minesto AB Dividend Payout Ratio Chart

Minesto AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
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Minesto AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Minesto AB's Dividend Payout Ratio

For the Utilities - Renewable subindustry, Minesto AB'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.


Minesto AB's Dividend Payout Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Minesto AB's Dividend Payout Ratio distribution charts can be found below:

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



Minesto AB Dividend Payout Ratio Calculation

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

Minesto AB's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=0/ -0.166
=N/A

Minesto AB's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0/ -0.07
=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.


Minesto AB (OSTO:MINEST) 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.


Minesto AB Dividend Payout Ratio Related Terms

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


Minesto AB (OSTO:MINEST) Business Description

Traded in Other Exchanges
Address
Vita gavelns vag 6, Vastra Frolunda, Gothenburg, SWE, 42671
Minesto AB is a Sweden based company engaged in the production of tidal energy from the oceans. The main sources of the ocean energy include Tidal streams, Ocean currents, Tidal range (rise and fall), Waves, Ocean thermal energy and Salinity gradients.

Minesto AB (OSTO:MINEST) Headlines

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