GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Millennial Lithium Corp (TSXV:ML) » Definitions » Dividend Payout Ratio

Millennial Lithium (TSXV:ML) Dividend Payout Ratio : 0.00 (As of Aug. 2021)


View and export this data going back to 2006. Start your Free Trial

What is Millennial Lithium Dividend Payout Ratio?

Millennial Lithium's dividend payout ratio for the months ended in Aug. 2021 was 0.00.

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


TSXV:ML's Dividend Payout Ratio is not ranked *
in the Metals & Mining industry.
Industry Median: 0.43
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-06-20), the Dividend Yield % of Millennial Lithium is 0.00%.

Millennial Lithium's Dividends per Share for the months ended in Aug. 2021 was C$0.00.

The growth rate is calculated with least square regression.

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


Millennial Lithium Dividend Payout Ratio Historical Data

The historical data trend for Millennial Lithium'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.

Millennial Lithium Dividend Payout Ratio Chart

Millennial Lithium Annual Data
Trend Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Millennial Lithium Quarterly Data
Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Millennial Lithium's Dividend Payout Ratio

For the Other Industrial Metals & Mining subindustry, Millennial Lithium'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.


Millennial Lithium's Dividend Payout Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Millennial Lithium's Dividend Payout Ratio distribution charts can be found below:

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



Millennial Lithium Dividend Payout Ratio Calculation

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

Millennial Lithium's Dividend Payout Ratio for the fiscal year that ended in Feb. 2021 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Feb. 2021 )/ EPS without NRI (A: Feb. 2021 )
=0/ -0.12
=N/A

Millennial Lithium's Dividend Payout Ratio for the quarter that ended in Aug. 2021 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Aug. 2021 )/ EPS without NRI (Q: Aug. 2021 )
=0/ -0.03
=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.


Millennial Lithium (TSXV:ML) 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.


Millennial Lithium Dividend Payout Ratio Related Terms

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


Millennial Lithium (TSXV:ML) Business Description

Traded in Other Exchanges
N/A
Address
350 Bay Street, Suite 400, Toronto, ON, CAN, M5H 2S6
Millennial Lithium Corp is engaged in the business of acquisition, exploration and development of lithium mineral properties. The company's projects include the Pastos Grandes Lithium Project and Cauchari East Lithium Project. It has one operating segment, being the exploration of resource properties.