My Food Bag Group Limited engages in online meal-kit, grocery items, and pre-prepared ready to heat meal delivery business in New Zealand. It offers a range of meal kit bags under the My Food Bag, Bargain Box, and Fresh Start brands. The company was formerly known as MFB Group Limited and changed its name My Food Bag Group Limited in January 2021. The company was founded in 2013 and is based in Auckland, New Zealand.
My Food Bag Dividend Announcement
• My Food Bag announced a semi annually dividend of NZ$0.01 per ordinary share which will be made payable on 2024-06-20. Ex dividend date: 2024-06-04
• My Food Bag annual dividend for 2024 was NZ$0.01
• My Food Bag's trailing twelve-month (TTM) dividend yield is 4.76%
My Food Bag Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-04 | NZ$0.01 | semi annually | 2024-06-20 |
2024-06-03 | NZ$0.01 | semi annually | |
2022-11-29 | NZ$0.03 | semi annually | 2022-12-15 |
2022-05-31 | NZ$0.06 | semi annually | 2022-06-16 |
2021-11-30 | NZ$0.03 | semi annually | 2021-12-16 |
My Food Bag Dividend per year
My Food Bag Dividend Yield
My Food Bag current trailing twelve-month (TTM) dividend yield is 4.76%. Interested in purchasing My Food Bag stock? Use our calculator to estimate your expected dividend yield:
My Food Bag Financial Ratios
My Food Bag 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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