Mingzhu Dividend Payout Ratio from 2010 to 2024

YGMZ Stock  USD 0.88  0.07  7.37%   
Mingzhu Logistics Dividend Payout Ratio yearly trend continues to be fairly stable with very little volatility. Dividend Payout Ratio will likely drop to 0.65 in 2024. During the period from 2010 to 2024, Mingzhu Logistics Dividend Payout Ratio regression line of annual values had r-squared of  0.54 and arithmetic mean of  0.73. View All Fundamentals
 
Dividend Payout Ratio  
First Reported
2010-12-31
Previous Quarter
1.14
Current Value
0.65
Quarterly Volatility
0.44453859
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mingzhu Logistics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mingzhu Logistics' main balance sheet or income statement drivers, such as Tax Provision of 436.1 K, Depreciation And Amortization of 1.6 M or Interest Expense of 576.3 K, as well as many indicators such as Price To Sales Ratio of 1.07, Dividend Yield of 0.0084 or PTB Ratio of 2.14. Mingzhu financial statements analysis is a perfect complement when working with Mingzhu Logistics Valuation or Volatility modules.
  
Check out the analysis of Mingzhu Logistics Correlation against competitors.

Latest Mingzhu Logistics' Dividend Payout Ratio Growth Pattern

Below is the plot of the Dividend Payout Ratio of Mingzhu Logistics Holdings over the last few years. It is Mingzhu Logistics' Dividend Payout Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mingzhu Logistics' overall financial position and show how it may be relating to other accounts over time.
Dividend Payout Ratio10 Years Trend
Slightly volatile
   Dividend Payout Ratio   
       Timeline  

Mingzhu Dividend Payout Ratio Regression Statistics

Arithmetic Mean0.73
Geometric Mean0.61
Coefficient Of Variation60.69
Mean Deviation0.41
Median0.35
Standard Deviation0.44
Sample Variance0.20
Range0.9167
R-Value0.74
Mean Square Error0.1
R-Squared0.54
Significance0
Slope0.07
Total Sum of Squares2.77

Mingzhu Dividend Payout Ratio History

2024 0.65
2023 1.14
2018 1.27

About Mingzhu Logistics Financial Statements

Mingzhu Logistics investors use historical fundamental indicators, such as Mingzhu Logistics' Dividend Payout Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Mingzhu Logistics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Dividend Payout Ratio 1.14  0.65 

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Additional Tools for Mingzhu Stock Analysis

When running Mingzhu Logistics' price analysis, check to measure Mingzhu Logistics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mingzhu Logistics is operating at the current time. Most of Mingzhu Logistics' value examination focuses on studying past and present price action to predict the probability of Mingzhu Logistics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mingzhu Logistics' price. Additionally, you may evaluate how the addition of Mingzhu Logistics to your portfolios can decrease your overall portfolio volatility.