GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Medine Ltd (XMAU:MSE.N0000) » Definitions » Dividend Payout Ratio

Medine (XMAU:MSE.N0000) Dividend Payout Ratio : 18.75 (As of Mar. 2024)


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

What is Medine Dividend Payout Ratio?

Medine's dividend payout ratio for the months ended in Mar. 2024 was 18.75.

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

XMAU:MSE.N0000' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.27   Max: 0.58
Current: 0.25


During the past 13 years, the highest Dividend Payout Ratio of Medine was 0.58. The lowest was 0.23. And the median was 0.27.

XMAU:MSE.N0000's Dividend Payout Ratio is ranked better than
64.03% of 278 companies
in the Conglomerates industry
Industry Median: 0.31 vs XMAU:MSE.N0000: 0.25

As of today (2024-06-21), the Dividend Yield % of Medine is 4.84%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Medine was 7.61%. The lowest was 1.92%. And the median was 4.62%.

Medine's Dividends per Share for the months ended in Mar. 2024 was MUR1.35.

During the past 12 months, Medine's average Dividends Per Share Growth Rate was 12.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -2.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Medine was 21.90% per year. The lowest was -2.70% per year. And the median was 14.50% per year.

The growth rate is calculated with least square regression.

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


Medine Dividend Payout Ratio Historical Data

The historical data trend for Medine'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.

Medine Dividend Payout Ratio Chart

Medine Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 - - - 0.27

Medine Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 120.00 - - 1.10 18.75

Competitive Comparison of Medine's Dividend Payout Ratio

For the Conglomerates subindustry, Medine'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.


Medine's Dividend Payout Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Medine's Dividend Payout Ratio distribution charts can be found below:

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



Medine Dividend Payout Ratio Calculation

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

Medine's Dividend Payout Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Jun. 2023 )/ EPS without NRI (A: Jun. 2023 )
=2.35/ 8.788
=0.27

Medine'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 )
=1.35/ 0.072
=18.75

* 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.


Medine (XMAU:MSE.N0000) 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.


Medine Dividend Payout Ratio Related Terms

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


Medine (XMAU:MSE.N0000) Business Description

Traded in Other Exchanges
N/A
Address
Riviere Noire Road, Cascavelle Business Park, Cascavelle, MUS, 90522
Medine Ltd is engaged in the planting of sugar cane for the production of sugar and by-products of sugarcane such as molasses and bagasse and other agricultural products. The company's segments include Agro; Casela; Sports & Hospitality, Property; and Education. It generates maximum revenue from the Property segment which includes land transactions, rental of office and commercial buildings, and property development. Geographically, it operates only in Mauritius.

Medine (XMAU:MSE.N0000) Headlines

No Headlines