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MeCure Industries (NSA:MECURE) Dividend Yield % : 1.31% (As of Dec. 15, 2024)


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What is MeCure Industries Dividend Yield %?

As of today (2024-12-15), the Trailing Annual Dividend Yield of MeCure Industries is 1.31%.

The historical rank and industry rank for MeCure Industries's Dividend Yield % or its related term are showing as below:

NSA:MECURE' s Dividend Yield % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 2.04
Current: 1.31

During the past 0 years, the highest Dividend Yield of MeCure Industries was 2.04%. The lowest was 0.00%. And the median was 0.00%.

NSA:MECURE's Dividend Yield % is ranked worse than
62.8% of 508 companies
in the Drug Manufacturers industry
Industry Median: 1.825 vs NSA:MECURE: 1.31

MeCure Industries's Dividend Payout Ratio for the six months ended in . 20 was 0.00.

As of today (2024-12-15), the Forward Dividend Yield % of MeCure Industries is 1.31%.

MeCure Industries's Dividends per Share for the six months ended in . 20 was ₦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.


MeCure Industries Dividend Yield % Historical Data

The historical data trend for MeCure Industries'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.

* Premium members only.

MeCure Industries Dividend Yield % Chart

MeCure Industries Annual Data
Trend
Dividend Yield %

MeCure Industries Semi-Annual Data
Dividend Yield %

Competitive Comparison of MeCure Industries's Dividend Yield %

For the Drug Manufacturers - Specialty & Generic subindustry, MeCure Industries'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.


MeCure Industries's Dividend Yield % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, MeCure Industries's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where MeCure Industries's Dividend Yield % falls into.



MeCure Industries Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

MeCure Industries Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
NGN 0.1500002024-05-202024-05-172024-07-03Cash DividendannuallyNGN:NGN 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.

MeCure Industries's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.15/11.45
=1.31 %

Current Share Price is ₦11.45.
MeCure Industries's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₦0.15.

MeCure Industries's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.15/11.45
=1.31 %

Current Share Price is ₦11.45.
MeCure Industries's Dividends per Share for the forward twelve months is calculated as ₦0.15 * 1 = ₦0.15.

* 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.


MeCure Industries  (NSA:MECURE) 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


MeCure Industries Dividend Yield % Related Terms

Thank you for viewing the detailed overview of MeCure Industries's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


MeCure Industries Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Apapa Oshodi Expressway, Me Cure House, Plot 6, Block H, Oshodi, Lagos, NGA
MeCure Industries Plc is a therapeutics company in the pharmaceutical industry in Lagos, Nigeria. It is principally engaged in the business of manufacturing drugs (tablets, capsules, and syrups) in Nigeria and consists of two categories namely Pharmaceuticals and Nutraceuticals. The Pharmaceuticals segment comprises forty-one (41) drugs such as Ebu 200 & 400 (ibuprofen tablets), Laclox (an anilox formulation), Lamox (an amoxicillin formulation), and Lampicin (an ampicillin formulation), used in treating different ailments. The Nutraceuticals segment consists of 100 products including multivitamins and dietary supplements.

MeCure Industries Headlines

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