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Mill City Ventures III, Ltd. is a principal investment firm specializing investments in debt and equity securities of public and private companies to fund their operations whether its start-up, acquisition, or growth. It primarily focuses on investing in, lending to, and making managerial assistance available to privately held and publicly traded companies. The firm also advises its portfolio companies with regard to finance and operations. It was formerly known as Poker Magic, Inc. Mill City Ventures III, Ltd. was founded in January, 2006 and is based in Wayzata, Minnesota.

Mill City Ventures III Dividend Announcement

Mill City Ventures III announced a annually dividend of $0.04 per ordinary share which will be made payable on 2021-10-29. Ex dividend date: 2021-10-14
Mill City Ventures III's trailing twelve-month (TTM) dividend yield is -%
Mill City Ventures III's payout ratio for the trailing twelve months (TTM) is 6.40%

Mill City Ventures III Dividend History

Ex-Div dateDividend amountDividend typePay date
2021-10-14$0.04annually2021-10-29
2020-12-18$0.02annually2021-01-04
2019-03-07$0.02annually2019-03-19

Mill City Ventures III Dividend per year

Mill City Ventures III Dividend growth

Mill City Ventures III Dividend Yield

Mill City Ventures III current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Mill City Ventures III stock? Use our calculator to estimate your expected dividend yield:

Mill City Ventures III Financial Ratios

P/E ratio45.20
PEG ratio1.68
P/B ratio0.65
ROE1.45%
Payout ratio6.40%
Current ratio21.12
Quick ratio21.12
Cash Ratio20.45

Mill City Ventures III Dividend FAQ

How much is the next Mill City Ventures III dividend?
Mill City Ventures III's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Mill City Ventures III dividend. The next Mill City Ventures III dividend will be released in December.
When is Mill City Ventures III dividend paid?
Mill City Ventures III pays dividends on a annually basis. The specific dates may vary each year but are generally around December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Mill City Ventures III pay?
The specific amount of Mill City Ventures III dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Mill City Ventures III's dividend history.
Does Mill City Ventures III stock pay dividends?
Yes, Mill City Ventures III does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Mill City Ventures III's dividend history.
How much dividend does Mill City Ventures III pay?
Mill City Ventures III paid $0.0 in 2024, $0.0 in 2023, $0.0 in 2022, $0.044 in 2021, and $0.022 in 2020.
How often does Mill City Ventures III pay dividends?
Mill City Ventures III typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around December.
What is Mill City Ventures III's dividend yield?
The current dividend yield for Mill City Ventures III is -%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Mill City Ventures III's exact dividend yield.
When does Mill City Ventures III go ex dividend?
Mill City Ventures III's ex-dividend date for the latest dividend was on 2021-10-14. Mill City Ventures III typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Mill City Ventures III dividend paid?
Mill City Ventures III pays dividends on a annually basis, typically around December, but the exact dates can vary each year.
Will Mill City Ventures III increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Mill City Ventures III will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Mill City Ventures III dividend per share?
Mill City Ventures III paid $0.0 per share in 2024 and $0.0 per share in 2023. The amount of dividend per share that Mill City Ventures III pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Mill City Ventures III a dividend aristocrat?
No, 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 Mill City Ventures III a dividend king?
No, 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 Mill City Ventures III a dividend stock?
Yes, Mill City Ventures III is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Mill City Ventures III a good dividend stock?
Whether Mill City Ventures III is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Mill City Ventures III has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Mill City Ventures III 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.
Does Mill City Ventures III pay dividends monthly?
Mill City Ventures III typically pays dividends on a annually basis.
Does Mill City Ventures III pay dividends quarterly?
Mill City Ventures III currently pays dividends on a annually basis.
Has Mill City Ventures III ever paid a dividend?
Yes, Mill City Ventures III has a history of paying dividends to its shareholders. Mill City Ventures III is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Mill City Ventures III dividend stocks?
To buy Mill City Ventures III 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Mill City Ventures III 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.
When does Mill City Ventures III pay dividends 2024?
Mill City Ventures III pays dividends on a annually basis. 2024 dividend payments are in 2021-10-29. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Mill City Ventures III increase its dividend in 2024?
Decisions regarding Mill City Ventures III dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Mill City Ventures III dividend overview you can look into the above table of dividend history.
How Mill City Ventures III dividend works?
The Mill City Ventures III dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Mill City Ventures III's dividend process works:

1. Determination of Dividend: Mill City Ventures III'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, Mill City Ventures III 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, Mill City Ventures III 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 Mill City Ventures III 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.
How are Mill City Ventures III dividends paid?
Mill City Ventures III dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Mill City Ventures III 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, Mill City Ventures III distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Mill City Ventures III 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.
How many times does Mill City Ventures III pay dividends?
Mill City Ventures III typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Mill City Ventures III pay dividends?
The general pattern is that Mill City Ventures III pays dividends around December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Mill City Ventures III dividend safe?
The safety of Mill City Ventures III's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Mill City Ventures III'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 Mill City Ventures III'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.