Mi Ming Mart Holdings Limited, an investment holding company, engages in the retail of multi-brand beauty and health products in Hong Kong. The company markets, sells, and distributes skincare products, cosmetic products, and food and health supplements; and offers consignment sales services. It operates ten retail stores under the brand of MI MING MART in Hong Kong. In addition, the company engages in property holding activities. The company was founded in 2009 and is headquartered in Causeway Bay, Hong Kong. Mi Ming Mart Holdings Limited is a subsidiary of Prime Era Holdings Limited.
Mi Ming Mart Dividend Announcement
• Mi Ming Mart announced a annually dividend of HK$0.01 per ordinary share which will be made payable on 2024-09-20. Ex dividend date: 2024-08-20
• Mi Ming Mart annual dividend for 2024 was HK$0.01
• Mi Ming Mart annual dividend for 2023 was HK$0.01
• Mi Ming Mart's trailing twelve-month (TTM) dividend yield is 9.41%
• Mi Ming Mart's payout ratio for the trailing twelve months (TTM) is 120.11%
Mi Ming Mart Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-20 | HK$0.01 | annually | 2024-09-20 |
2023-08-15 | HK$0.01 | annually | |
2022-11-29 | HK$0.01 | annually | |
2022-10-03 | HK$0.01 | annually | |
2021-09-23 | HK$0.01 | annually | |
2021-08-26 | HK$0.02 | annually | |
2019-08-27 | HK$0.01 | annually | |
2018-11-22 | HK$0.01 | annually | 2018-12-14 |
Mi Ming Mart Dividend per year
Mi Ming Mart Dividend growth
Mi Ming Mart Dividend Yield
Mi Ming Mart current trailing twelve-month (TTM) dividend yield is 9.41%. Interested in purchasing Mi Ming Mart stock? Use our calculator to estimate your expected dividend yield:
Mi Ming Mart Financial Ratios
Mi Ming Mart Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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