TSX:MDI
Major Drilling Group International Inc. Stock Dividends
$9.50
-0.0300 (-0.315%)
At Close: May 03, 2024
MDI.TO used to pay dividends biannually. Last paid amount was $0.0200 at Nov 02, 2015. As of today, dividend yield (TTM) is 0%.
Dividend Yield Range
The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
AI Analysis of MDI.TO
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Key Stats
| Dividend Yield (TTM) | 0% |
|---|---|
| Frequency | Biannually |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | $0.0200 |
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Major Drilling Group International Inc. has not yet announced its next dividend date. Last payment date was: Nov 02, 2015.
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MDI Dividend Payout History
To ensure a understanding of MDI's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Sep 10, 2015 | Oct 07, 2015 | Nov 02, 2015 | $0.0200 | 0.456% |
| 2 | Mar 02, 2015 | Apr 02, 2015 | May 01, 2015 | $0.0200 | 0.297% |
| 3 | Oct 03, 2014 | Oct 08, 2014 | Nov 03, 2014 | $0.100 | 1.50% |
| 4 | Mar 03, 2014 | Apr 03, 2014 | May 01, 2014 | $0.100 | 1.16% |
| 5 | Sep 09, 2013 | Oct 08, 2013 | Nov 01, 2013 | $0.100 | 1.24% |
| 6 | Mar 04, 2013 | Apr 03, 2013 | May 02, 2013 | $0.100 | 1.32% |
| 7 | Sep 05, 2012 | Oct 05, 2012 | Nov 01, 2012 | $0.100 | 0.95% |
| 8 | Mar 05, 2012 | Apr 03, 2012 | May 02, 2012 | $0.0900 | 0.585% |
| 9 | Sep 06, 2011 | Oct 05, 2011 | Nov 01, 2011 | $0.0800 | 0.613% |
| 10 | Apr 05, 2011 | Apr 06, 2011 | May 02, 2011 | $0.0730 | 0.461% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Low (31.37%)
Growth potential
No dividend expected in the near future
FAQ
What factors can affect the amount of MDI.TO's dividend payments?
The amount of MDI.TO's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in MDI.TO sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.
Can dividends from MDI.TO stock be automatically reinvested?
If MDI.TO offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy MDI.TO stock.
How often does MDI.TO pay dividend?
Major Drilling Group International Inc. (MDI.TO) used to pay dividends biannually. The most recent payout was on Nov 02, 2015.
How much does MDI.TO pays per share?
The last recorder (Oct 07, 2015) dividend per share was $0.0200.
What is MDI.TO dividend growth rate?
Over the last year, Major Drilling Group International Inc. has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 0%. Furthermore, examining the past 5 years, Major Drilling Group International Inc. has maintained an average Dividends Per Share Growth Rate of 0%.
