Major Drilling Group International (TSX:MDI) Dividend Payout Ratio : 0.00 (As of Oct. 2023)

View and export this data going back to 1995. Start your Free Trial

What is Major Drilling Group International Dividend Payout Ratio?

Major Drilling Group International's dividend payout ratio for the months ended in Oct. 2023 was 0.00.

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

TSX:MDI's Dividend Payout Ratio is not ranked ^*
in the Metals & Mining industry.
Industry Median: 0.42
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-05-01), the Dividend Yield % of Major Drilling Group International is 0.00%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Major Drilling Group International was 3.77%. The lowest was 0.00%. And the median was 2.45%.

Major Drilling Group International's Dividends per Share for the months ended in Oct. 2023 was C$0.00.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Major Drilling Group International was 14.60% per year. The lowest was -53.60% per year. And the median was 8.50% per year.

The growth rate is calculated with least square regression.

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

Major Drilling Group International Dividend Payout Ratio Historical Data

The historical data trend for Major Drilling Group International'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.

Major Drilling Group International Dividend Payout Ratio Chart

Major Drilling Group International Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Dividend Payout Ratio

Get a 7-Day Free Trial

Major Drilling Group International Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Major Drilling Group International's Dividend Payout Ratio

For the Other Industrial Metals & Mining subindustry, Major Drilling Group International'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.

Major Drilling Group International's Dividend Payout Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Major Drilling Group International's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Major Drilling Group International's Dividend Payout Ratio falls into.

Major Drilling Group International Dividend Payout Ratio Calculation

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

Major Drilling Group International's Dividend Payout Ratio for the fiscal year that ended in Apr. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Apr. 2023 )	/	EPS without NRI (A: Apr. 2023 )
	=	0	/	0.917
	=	0.00

Major Drilling Group International's Dividend Payout Ratio for the quarter that ended in Oct. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Oct. 2023 )	/	EPS without NRI (Q: Oct. 2023 )
	=	0	/	0.296
	=	0.00

Major Drilling Group International (TSX:MDI) 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.

Major Drilling Group International Dividend Payout Ratio Related Terms

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

Major Drilling Group International (TSX:MDI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Major Drilling Group International Inc (TSX:MDI) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

MJDLF:USA 3MJ:Germany

Address

111 St. George Street, Suite 100, Moncton, NB, CAN, E1C 1T7

Website

https://www.majordrilling.com

Major Drilling Group International Inc is engaged in the business of contract drilling, and it provides services to companies that are involved in mining and mineral exploration. It offers surface and underground coring, directional, reverse circulation, sonic, geotechnical, environmental, water-well, coal-bed methane, shallow gas, and underground percussive/long-hole drilling services, as well as various drilling-related mine services. Its geographical segments are Canada - the United States; South and Central America; and Australasia and Africa, of which most of its revenue comes from Canada - the United States.

Major Drilling Group International (TSX:MDI) Headlines

No Headlines