As of today (2024-04-28), the Trailing Annual Dividend Yield of Mount Gibson Iron is 0.00%.
The historical rank and industry rank for Mount Gibson Iron's Dividend Yield % or its related term are showing as below:
During the past 13 years, the highest Dividend Yield of Mount Gibson Iron was 23.53%. The lowest was 1.59%. And the median was 4.65%.
ASX:MGX's Dividend Yield % is not ranked *
in the Steel industry.
Industry Median: 2.74 * Ranked among companies with meaningful Dividend Yield % only.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Mount Gibson Iron was 14.50% per year. The lowest was -20.60% per year. And the median was -12.60% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Mount Gibson Iron Dividend Yield % Historical Data
The historical data trend for Mount Gibson Iron's Dividend Yield % 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.
Competitive Comparison of Mount Gibson Iron's Dividend Yield %
For the Steel subindustry, Mount Gibson Iron's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.
Mount Gibson Iron's Dividend Yield % Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Mount Gibson Iron's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Mount Gibson Iron's Dividend Yield % falls into.
Mount Gibson Iron Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Mount Gibson Iron (ASX:MGX) Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
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.
Thank you for viewing the detailed overview of Mount Gibson Iron's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Mount Gibson Iron Ltd is a Western Australia-based iron ore mining company. The activities of the company involve mining, processing and direct shipment of hematite iron ore at the Koolan Island mine site in the Kimberley region of Western Australia; care and maintenance of the Shine hematite iron ore site and related infrastructure, rehabilitation works at the Extension Hill mine site and management of the Geraldton Port facilities in the Mid-West region of Western Australia; treasury management; and the pursuit of mineral resources acquisitions and investments. The company operates into two segments: Mid-West segment and Koolan Island segment. The company derives the majority of its revenue from Koolan Island.
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