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Legible (XCNQ:READ) Dividend Payout Ratio : 0.00 (As of Dec. 2023)


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What is Legible Dividend Payout Ratio?

Legible's dividend payout ratio for the months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for Legible's Dividend Payout Ratio or its related term are showing as below:


XCNQ:READ's Dividend Payout Ratio is not ranked *
in the Media - Diversified industry.
Industry Median: 0.41
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-05-27), the Dividend Yield % of Legible is 0.00%.

Legible's Dividends per Share for the months ended in Dec. 2023 was C$0.00.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Legible Dividend Payout Ratio Historical Data

The historical data trend for Legible's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Legible Dividend Payout Ratio Chart

Legible Annual Data
Trend Jun20 Jun21 Dec22 Dec23
Dividend Payout Ratio
- - - -

Legible Quarterly Data
Mar20 Jun20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Legible's Dividend Payout Ratio

For the Publishing subindustry, Legible's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Legible's Dividend Payout Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Legible's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Legible's Dividend Payout Ratio falls into.



Legible Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Legible's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=0/ -0.04
=N/A

Legible's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0/ -0.01
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Legible (XCNQ:READ) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Legible Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Legible's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Legible (XCNQ:READ) Business Description

Traded in Other Exchanges
Address
2230 Ontario Street, Vancouver, BC, CAN, V5T 2X2
Legible Inc is a book entertainment and media company. The Company has developed two high-value verticals; firstly, a browser first accessible B2C eBook entertainment platform for the emerging web with high-growth potential called legible.com - an eBook entertainment platform delivering beautiful, accessible & immersive reading for next-generation readers; and secondly, a B2B eBook conversion and production service with high-revenue potential called Legible Publishing.
Executives
Angela Jean Doll Senior Officer

Legible (XCNQ:READ) Headlines

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