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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 dateDividend amountDividend typePay date
2024-08-20HK$0.01annually2024-09-20
2023-08-15HK$0.01annually
2022-11-29HK$0.01annually
2022-10-03HK$0.01annually
2021-09-23HK$0.01annually
2021-08-26HK$0.02annually
2019-08-27HK$0.01annually
2018-11-22HK$0.01annually2018-12-14

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

P/E ratio6.38
PEG ratio0.06
P/B ratio0.67
ROE10.33%
Payout ratio120.11%
Current ratio3.82
Quick ratio3.27
Cash Ratio2.14

Mi Ming Mart Dividend FAQ

Does Mi Ming Mart stock pay dividends?
Mi Ming Mart does not currently pay dividends to its shareholders.
Has Mi Ming Mart ever paid a dividend?
No, Mi Ming Mart has no a history of paying dividends to its shareholders. Mi Ming Mart is not known for its dividend payments.
Why doesn't Mi Ming Mart pay dividends?
There are several potential reasons why Mi Ming Mart would choose not to pay dividends to their shareholders:

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.
Will Mi Ming Mart ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Mi Ming Mart has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Mi Ming Mart a dividend aristocrat?
Mi Ming Mart is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Mi Ming Mart a dividend king?
Mi Ming Mart is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Mi Ming Mart a dividend stock?
No, Mi Ming Mart is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Mi Ming Mart stocks?
To buy Mi Ming Mart you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Mi Ming Mart stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.