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Millennium Services Group Limited provides cleaning, security, and integrated services in Australia and New Zealand. The company offers cleaning services for retail, commercial, industrial, educational, and hospitality sectors, as well as COVID-19 centers. It also provides security services, such as concierge, static guarding, mobile patrols, asset surveillance, electronic security, access control, control room monitoring, loss prevention, crowd control, event security, and car park management; and maintenance services, including handyman and maintenance works, painting and repairs, roof inspections and repairs, graffiti removal, car park maintenance, de-fits and fit-out of tenancies, as well as paving, fencing, and gates. In addition, the company offers property services that comprise customer service, maintenance teams, administrative support staff, and facilities coordination; and other services consisting of hygiene, landscaping, ground maintenance, handyman, pest control, sanitizing, and waste services. Millennium Services Group Limited was founded in 2003 and is based in Mount Waverley, Australia.

Millennium Services Dividend Announcement

Millennium Services announced a semi annually dividend of A$0.05 per ordinary share which will be made payable on 2017-10-05. Ex dividend date: 2017-09-14
Millennium Services's trailing twelve-month (TTM) dividend yield is -%

Millennium Services Dividend History

Ex-Div dateDividend amountDividend typePay date
2017-09-14A$0.05semi annually2017-10-05
2017-03-09A$0.04semi annually2017-04-04
2016-09-13A$0.04semi annually2016-09-29

Millennium Services Dividend per year

Millennium Services Dividend Yield

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

Millennium Services Financial Ratios

P/E ratio22.74
PEG ratio0.23
P/B ratio21.22
ROE121.45%
Payout ratio0.00%
Current ratio0.66
Quick ratio0.58
Cash Ratio0.04

Millennium Services Dividend FAQ

Does Millennium Services stock pay dividends?
Millennium Services does not currently pay dividends to its shareholders.
Has Millennium Services ever paid a dividend?
No, Millennium Services has no a history of paying dividends to its shareholders. Millennium Services is not known for its dividend payments.
Why doesn't Millennium Services pay dividends?
There are several potential reasons why Millennium Services 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 Millennium Services 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 Millennium Services 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 Millennium Services a dividend aristocrat?
Millennium Services 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 Millennium Services a dividend king?
Millennium Services 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 Millennium Services a dividend stock?
No, Millennium Services 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 Millennium Services stocks?
To buy Millennium Services 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 Millennium Services 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.