GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » MYND Life Sciences Inc (XCNQ:MYND) » Definitions » Dividend Payout Ratio

MYND Life Sciences (XCNQ:MYND) Dividend Payout Ratio : 0.00 (As of Jul. 2024)


View and export this data going back to 2021. Start your Free Trial

What is MYND Life Sciences Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. MYND Life Sciences's Dividend Payout Ratio for the months ended in Jul. 2024 was 0.00.

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


XCNQ:MYND's Dividend Payout Ratio is not ranked *
in the Biotechnology industry.
Industry Median: 0.48
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-12-13), the Dividend Yield % of MYND Life Sciences is 0.00%.

MYND Life Sciences's Dividends per Share for the months ended in Jul. 2024 was C$0.00.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

MYND Life Sciences Dividend Payout Ratio Historical Data

The historical data trend for MYND Life Sciences'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.

MYND Life Sciences Dividend Payout Ratio Chart

MYND Life Sciences Annual Data
Trend Oct21 Oct22 Oct23
Dividend Payout Ratio
- - -

MYND Life Sciences Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 - - - - -

Competitive Comparison of MYND Life Sciences's Dividend Payout Ratio

For the Biotechnology subindustry, MYND Life Sciences'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.

MYND Life Sciences's Dividend Payout Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, MYND Life Sciences's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where MYND Life Sciences's Dividend Payout Ratio falls into.


MYND Life Sciences Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

MYND Life Sciences's Dividend Payout Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Oct. 2023 )/ EPS without NRI (A: Oct. 2023 )
=0/ -0.051
=N/A

MYND Life Sciences's Dividend Payout Ratio for the quarter that ended in Jul. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jul. 2024 )/ EPS without NRI (Q: Jul. 2024 )
=0/ -0.01
=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.

MYND Life Sciences (XCNQ:MYND) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

MYND Life Sciences Dividend Payout Ratio Related Terms

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

MYND Life Sciences Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » MYND Life Sciences Inc (XCNQ:MYND) » Definitions » Dividend Payout Ratio
Comparable Companies
XCNQ:ABRT XCNQ:ENBI XCNQ:HAVN TSXV:IBO XCNQ:GTTX XCNQ:WESA.X XCNQ:MOOD TSXV:BTI XCNQ:AGN XCNQ:CURE OCSE:NOVO B VRTX REGN ASX:CSL SGEN XKRX:207940 MRNA XBRU:ARGX HKSE:02269 BNTX
Traded in Other Exchanges
MYNDF:USA
Address
105-2248 Elgin Avenue, Port Coquitlam, BC, CAN, V3C 2B2
Website
https://www.myndsciences.com
MYND Life Sciences Inc is a medical biotech drug research and development company. The company is focused on neuro pharmaceutical and novel drug development, diagnostics, and vaccines and is developing new biological entities (NBEs) and new chemical entities (NCEs) and differentiates itself from other (bio)pharmaceutical companies by different molecular concepts for the applications of psilocybin analogs for overcoming diseases.