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MHGU Projected Dividend Yield

Meritage Hospitality Group Inc ( OTCBB : MHGU )

Meritage Hospitality Group operates Wendy's quick-service restaurants. Co.'s Wendy's restaurants are a franchisee of Quality Is Our Recipe, LLC, a subsidiary of The Wendy's Company. Co. operates Wendy's restaurants in Arkansas, Connecticut, Florida, Georgia, Indiana, Massachusetts, Michigan, Mississippi, Missouri, North Carolina, Ohio, Oklahoma, South Carolina, Tennessee, Texas and Virginia. Co. also owns independent restaurants operating under several concepts throughout Michigan which include Morning Belle restaurants, Stan's Tacos, Freighters Eatery & Taproom, and Twisted Roosters. All restaurants were launched as Co.'s own original concepts.

22 YEAR PERFORMANCE RESULTS

MHGU Dividend History Detail
MHGU Dividend News
MHGU Competitors News

# of Shares: 0

Closing Price: 17.93

Current Market Value: 0.00

Cost Basis: 0.00

Date Acquired:

Dividend Cash Flow
Year	Annual Dividend	Dividend Growth	# of Shares	Annual Dividend Income	Yield On Cost %
2012	0.01	0%	0	$ 0.00	0.00%
2013	0.02	100%	0	$ 0.00	0.00%
2014	0.03	50%	0	$ 0.00	0.00%
2015	0.06	100%	0	$ 0.00	0.00%
2016	0.07	17%	0	$ 0.00	0.00%
2017	0.10	43%	0	$ 0.00	0.00%
2018	0.15	50%	0	$ 0.00	0.00%
2019	0.24	60%	0	$ 0.00	0.00%
2020	0.14	0%	0	$ 0.00	0.00%
2021	0.24	71%	0	$ 0.00	0.00%
2022	0.32	33%	0	$ 0.00	0.00%
2023	0.18	0%	0	$ 0.00	0.00%
2024	0.12	0%	0	$ 0.00	0.67%
2025	0.18	0%	0	$ 0.00	0.67%
2026	0.18	0%	0	$ 0.00	0.67%
2027	0.18	0%	0	$ 0.00	0.67%
2028	0.18	0%	0	$ 0.00	0.67%
2029	0.18	0%	0	$ 0.00	0.67%
2030	0.18	0%	0	$ 0.00	0.67%
2031	0.18	0%	0	$ 0.00	0.67%
2032	0.18	0%	0	$ 0.00	0.67%
2033	0.18	0%	0	$ 0.00	0.67%
2034	0.18	0%	0	$ 0.00	0.67%
Using the current years Dividend Growth rate of 0% and projecting 0% forward the annual dividend income in 10yrs would be $ 0.00 with a yield on cost % of 0.67%
Rolling Last 4 qtrs dividends total $ 0.18 and Previous last 4 qtrs dividends total $ 0.30
Dividend 1 Yr Growth = ( 0.18 – 0.30 ) × 100 = 0% (Click the Edit pencil if you want to modify the forward dividend growth rate projection) 0.30

Year	Declaration Date	Ex-Dividend Date	Record Date	Payable Date	Dividend $ Amount
2024	Nov 07, 2023	Dec 14, 2023	Dec 15, 2023	Jan 01, 2024	0.0600
2024 Total:					0.0600
2023	Aug 15, 2023	Sep 14, 2023	Sep 15, 2023	Oct 01, 2023	0.0900
2023	May 16, 2023	Jun 14, 2023	Jun 15, 2023	Jul 01, 2023	0.0300
2023	Dec 14, 2022	Dec 23, 2022	Dec 27, 2022	Jan 12, 2023	0.0600
2023 Total:					0.1800
2022	Aug 08, 2022	Sep 14, 2022	Sep 15, 2022	Oct 01, 2022	0.1200
2022	May 17, 2022	Jun 14, 2022	Jun 15, 2022	Jul 01, 2022	0.1200
2022	Nov 09, 2021	Dec 14, 2021	Dec 15, 2021	Jan 01, 2022	0.0800
2022 Total:					0.3200
2021	Aug 17, 2021	Sep 14, 2021	Sep 15, 2021	Oct 01, 2021	0.0800
2021	May 18, 2021	Jun 14, 2021	Jun 15, 2021	Jul 01, 2021	0.0800
2021	Mar 02, 2021	Mar 12, 2021	Mar 15, 2021	Mar 26, 2021	0.0800
2021 Total:					0.2400
2020	Dec 08, 2020	Dec 18, 2020	Dec 21, 2020	Dec 29, 2020	0.0700
2020	Feb 11, 2020	Feb 25, 2020	Feb 26, 2020	Mar 09, 2020	0.0700
2020 Total:					0.1400
2019	Nov 12, 2019	Nov 26, 2019	Nov 27, 2019	Dec 10, 2019	0.0600
2019	Aug 13, 2019	Aug 28, 2019	Aug 29, 2019	Sep 12, 2019	0.0600
2019	May 21, 2019	May 31, 2019	Jun 03, 2019	Jun 13, 2019	0.0600
2019	Feb 12, 2019	Feb 22, 2019	Feb 25, 2019	Mar 07, 2019	0.0600
2019 Total:					0.2400