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

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

MINISO Group has a dividend payout ratio of 28.7% indicating that its dividend is sufficiently covered by earnings. 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 Performance

NYSE:MNSO opened at $16.42 on Friday. The company has a current ratio of 2.18, a quick ratio of 1.80 and a debt-to-equity ratio of 0.10. The company has a market capitalization of $5.19 billion, a P/E ratio of 15.49, a price-to-earnings-growth ratio of 0.59 and a beta of 0.18. The firm has a 50-day moving average price of $17.01 and a two-hundred day moving average price of $19.64. MINISO Group has a twelve month low of $14.28 and a twelve month high of $29.92.

MINISO Group (NYSE:MNSO) last released its quarterly earnings results on Friday, August 30th. The company reported $0.26 EPS for the quarter. MINISO Group had a net margin of 16.23% and a return on equity of 26.19%. The business had revenue of $555.26 million for the quarter, compared to analyst estimates of $557.54 million. As a group, research analysts expect that MINISO Group will post 1.21 earnings per share for the current fiscal year.

About MINISO Group

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.