Lenovo Group (Lenovo Group) Dividend Payout Ratio

: 0.39 (As of Dec. 2023)

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Lenovo Group's dividend payout ratio for the months ended in Dec. 2023 was 0.39.

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

LNVGY' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.26 Med: 0.41 Max: 0.71
Current: 0.7

During the past 13 years, the highest Dividend Payout Ratio of Lenovo Group was 0.71. The lowest was 0.26. And the median was 0.41.

LNVGY's Dividend Payout Ratio is ranked worse than
69.28% of 1185 companies
in the Hardware industry
Industry Median: 0.45 vs LNVGY: 0.70

As of today (2024-04-19), the Dividend Yield % of Lenovo Group is 4.66%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Lenovo Group was 7.43%. The lowest was 0.54%. And the median was 4.32%.

Lenovo Group's Dividends per Share for the months ended in Dec. 2023 was $0.21.

During the past 12 months, Lenovo Group's average Dividends Per Share Growth Rate was 0.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Lenovo Group was 143.80% per year. The lowest was -42.30% per year. And the median was 6.85% per year.

The growth rate is calculated with least square regression.

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

Lenovo Group Dividend Payout Ratio Historical Data

The historical data trend for Lenovo Group'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.

Lenovo Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Dividend Payout Ratio

0.68

0.66

0.41

0.26

0.38

Lenovo Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio																0.30	-	-	1.95	0.39

Competitive Comparison

For the Computer Hardware subindustry, Lenovo Group'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.

Lenovo Group Dividend Payout Ratio Distribution

For the Hardware industry and Technology sector, Lenovo Group's Dividend Payout Ratio distribution charts can be found below:

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

Lenovo Group Dividend Payout Ratio Calculation

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

Lenovo Group's Dividend Payout Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2023 )	/	EPS without NRI (A: Mar. 2023 )
	=	0.97	/	2.527
	=	0.38

Lenovo Group'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 )
	=	0.205	/	0.528
	=	0.39

Lenovo Group (OTCPK:LNVGY) 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.

Lenovo Group Dividend Payout Ratio Related Terms

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Lenovo Group (Lenovo Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Lenovo Group Ltd (OTCPK:LNVGY) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

LNVGF:USA 00992:Hong Kong LHL:Germany

Address

979 King's Road, 23rd Floor, Lincoln House, Taikoo Place, Quarry Bay, Hong Kong, HKG

Website

https://www.lenovo.com

Lenovo is a global technology hardware company with a leading market share in personal computers. Its operations are divided into three main business segments: PC and smart devices, mobile, and data center, which we expect to account for 55%, 11%, and 19% of sales in the midterm, respectively. The firm has been actively growing its data center business, which primarily sells network servers to enterprise and hyperscale customers, as well as storage equipment through its mainland China joint venture with NetApp. Server-related revenue contribution has jumped to 16% of overall sales in fiscal 2022, from 6% in 2015.