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 semi annually dividend of HK$0.00 per ordinary share which will be made payable on 2025-01-10. Ex dividend date: 2024-12-17
• Mi Ming Mart annual dividend for 2024 was HK$0.01
• Mi Ming Mart annual dividend for 2023 was HK$0.02
• Mi Ming Mart's trailing twelve-month (TTM) dividend yield is 9.52%
• 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 |
---|---|---|---|
2024-12-17 | HK$0.00 | semi annually | 2025-01-10 |
2024-08-20 | HK$0.01 | semi annually | 2024-09-20 |
2023-11-28 | HK$0.01 | semi annually | 2023-12-29 |
2023-08-15 | HK$0.01 | semi annually | 2023-09-15 |
2022-11-29 | HK$0.01 | semi annually | 2022-12-30 |
2022-10-03 | HK$0.01 | semi annually | 2022-10-31 |
2021-09-23 | HK$0.01 | semi annually | 2021-10-20 |
2021-08-26 | HK$0.02 | semi annually | 2021-09-24 |
2019-08-27 | HK$0.01 | semi annually | 2019-09-20 |
2018-11-22 | HK$0.01 | semi 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 9.52%. 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
Other factors to consider when evaluating Mi Ming Mart as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Mi Ming Mart's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Mi Ming Mart publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Mi Ming Mart distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Mi Ming Mart are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Mi Ming Mart sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Mi Ming Mart distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Mi Ming Mart declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Mi Ming Mart's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Mi Ming Mart's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.