Meikles (LSE:MIK) Total Payout Ratio : 0.38 (As of May. 23, 2024)

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What is Meikles Total Payout Ratio?

Total Payout Ratio is the percent a company has paid to its shareholders through net repurchase of shares and dividends based on its Net Income.

Meikles's current Total Payout Ratio is 0.38.

Meikles Total Payout Ratio Historical Data

The historical data trend for Meikles's Total 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.

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Meikles Total Payout Ratio Chart

Meikles Annual Data

Trend

Dec08

Dec09

Mar11

Mar12

Mar19

Mar20

Mar21

Total Payout Ratio

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0.25

0.03

0.17

Meikles Semi-Annual Data
	Dec09	Mar11	Mar12	Sep12	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Aug23
Total Payout Ratio	Get a 7-Day Free Trial									0.18	0.24	0.16	0.14	0.45

Competitive Comparison of Meikles's Total Payout Ratio

For the Department Stores subindustry, Meikles's Total Payout Ratio, along with its competitors' market caps and Total 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.

Meikles's Total Payout Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Meikles's Total Payout Ratio distribution charts can be found below:

* The bar in red indicates where Meikles's Total Payout Ratio falls into.

Meikles Total Payout Ratio Calculation

Total Payout Ratio is a measurement showing the proportion of earnings a company pays shareholders in the form of dividends and net stock repurchases.

Meikles's Total Payout Ratio for the fiscal year that ended in Mar. 2021 is calculated as

Total Payout Ratio	=	- (Repurchase of Stock	+	Issuance of Stock	+	Cash Flow for Dividends)	/	Net Income
	=	- (0	+	0	+	-1.515)	/	9.193
	=	0.16

Meikles's Total Payout Ratio for the quarter that ended in Aug. 2023 is calculated as

Total Payout Ratio	=	- (Repurchase of Stock	+	Issuance of Stock	+	Cash Flow for Dividends)	/	Net Income
	=	- (0	+	0	+	-42.621)	/	95.742
	=	0.45

Meikles Total Payout Ratio Related Terms

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Meikles (LSE:MIK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Meikles Ltd (LSE:MIK) » Definitions » Total Payout Ratio

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Traded in Other Exchanges

MEIK.ZW:Zimbabwe

Address

4 Steppes Road, Highlands, Harare, ZWE

Website

https://www.meiklesltd.com

Meikles Ltd is a Zimbabwe-based investment holding company. Its business segments include Supermarkets, Hotels, properties, and security guard operations. It is organized into two geographical segments, Zimbabwe, and non-Zimbabwe. The majority of its revenue is generated from the Supermarkets segment within Zimbabwe.