MINISO Group Holding Limited (NYSE:MNSO) Declares Semi-Annual Dividend of $0.27

MINISO Group Holding Limited (NYSE:MNSO) declared a Semi-Annual dividend on Friday, August 30th, Zacks reports. Shareholders of record on Friday, September 13th will be paid a dividend of 0.274 per share on Friday, September 27th. The ex-dividend date is Friday, September 13th.

MINISO Group has a dividend payout ratio of 28.7% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect MINISO Group to earn $1.53 per share next year, which means the company should continue to be able to cover its $0.41 annual dividend with an expected future payout ratio of 26.8%.

MINISO Group Stock Up 0.6 %

Shares of NYSE MNSO opened at $16.42 on Friday. The business has a 50-day moving average price of $17.01 and a 200 day moving average price of $19.64. The stock has a market cap of $5.19 billion, a PE ratio of 15.49, a price-to-earnings-growth ratio of 0.59 and a beta of 0.18. The company has a quick ratio of 1.80, a current ratio of 2.18 and a debt-to-equity ratio of 0.10. MINISO Group has a 52-week low of $14.28 and a 52-week high of $29.92.

MINISO Group (NYSE:MNSO) last issued its quarterly earnings data on Friday, August 30th. The company reported $0.26 earnings per share for the quarter. The company had revenue of $555.26 million during the quarter, compared to analysts’ expectations of $557.54 million. MINISO Group had a return on equity of 26.19% and a net margin of 16.23%. Equities research analysts forecast that MINISO Group will post 1.21 earnings per share for the current year.

MINISO Group Company Profile

MINISO Group Holding Limited, an investment holding company, engages in the retail and wholesale of lifestyle products and pop toy products in China, Asia, the United States, and Europe. The company offers products in various categories, including home decor products, small electronics, textiles, accessories, beauty tools, toys, cosmetics, personal care products, snacks, fragrances and perfumes, and stationeries and gifts under the MINISO and WonderLife brand names; and blind boxes, toy bricks, model figures, model kits, collectible dolls, Ichiban Kuji, sculptures, and other popular toys under the TOP TOY brand.