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What is an average dividend payout ratio?

average dividend payout ratio
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What is an average dividend payout ratio?

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MINTs dividend policy is to pay based on its financial performance. According to our cash dividend payment, we aim to pay no less than the previous year in absolute term. The bonus stock dividend policy is applied in some occasion when the Company would like to preserve cash for future expansion. From the dividend payout record, MINTs cash dividend payout is calculated at 30-40% on average.

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