As of today (2024-04-25), the Trailing Annual Dividend Yield of Mesa Laboratories is 0.61%.
The historical rank and industry rank for Mesa Laboratories's Dividend Yield % or its related term are showing as below:
MLAB'
s Dividend Yield % Range Over the Past 10 Years
Min: 0.19 Med: 0.45 Max: 1.14
Current: 0.61
During the past 13 years, the highest Dividend Yield of Mesa Laboratories was 1.14%. The lowest was 0.19%. And the median was 0.45%.
MLAB's Dividend Yield % is ranked worse than 87.96% of 1354
companies
in the Hardware industry
Industry Median: 2.41
vs MLAB: 0.61
Mesa Laboratories's Dividend Payout Ratio for the
three
months ended in Dec. 2023 was 0.41.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Mesa Laboratories Inc is 3.76, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Mesa Laboratories was 3.77. The lowest was 0.15. And the median was 0.26.
Mesa Laboratories's Dividends per Share for the
three
months ended in Dec. 2023 was $0.16.
During the past 10 years, the average Dividends Per Share Growth Rate was 1.20% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Mesa Laboratories was 44.20% per year. The lowest was 1.10% per year. And the median was 8.25% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Mesa Laboratories Dividend Yield % Historical Data
The historical data trend for Mesa Laboratories'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 Mesa Laboratories's Dividend Yield %
For the Scientific & Technical Instruments subindustry, Mesa Laboratories'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.
Mesa Laboratories's Dividend Yield % Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Mesa Laboratories's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Mesa Laboratories's Dividend Yield % falls into.
Mesa Laboratories Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Mesa Laboratories Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.160
2024-02-28
2024-02-29
2024-03-15
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.160
2023-11-29
2023-11-30
2023-12-15
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.160
2023-08-30
2023-08-31
2023-09-15
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.160
2023-05-30
2023-05-31
2023-06-15
Cash Dividend
quarterly
USD:USD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Mesa Laboratories's Trailing Annual Dividend Yield (%) for Today is calculated as
* 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.
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 Mesa Laboratories's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Mesa Laboratories (Mesa Laboratories) Business Description
Mesa Laboratories Inc manufactures life sciences tools and critical quality control products. It operates in 4 divisions: Sterilization and Disinfection Control, which manufactures and sells biological, cleaning, and chemical indicators. It also provides testing and laboratory services, mainly to the dental industry; Biopharmaceutical Development segment develops, manufactures, and sells automated systems for protein analysis (immunoassays) and peptide synthesis solutions; Calibration Solutions division develops, manufactures, and sells quality control and calibration products used to measure or calibrate temperature, pressure, pH, humidity, and other such parameters for health and safety purposes; and Clinical Genomics. Its geographical segments include United States and Foreign.
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