Daoming Optics & Chemical Co (SZSE:002632) Dividend Payout Ratio : 0.00 (As of Sep. 2023)

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What is Daoming Optics & Chemical Co Dividend Payout Ratio?

Daoming Optics & Chemical Co's dividend payout ratio for the months ended in Sep. 2023 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Daoming Optics & Chemical Co Ltd is 0.76, which seems too high.

The historical rank and industry rank for Daoming Optics & Chemical Co's Dividend Payout Ratio or its related term are showing as below:

SZSE:002632' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.18 Med: 0.29 Max: 1.52
Current: 0.76

During the past 13 years, the highest Dividend Payout Ratio of Daoming Optics & Chemical Co was 1.52. The lowest was 0.18. And the median was 0.29.

SZSE:002632's Dividend Payout Ratio is ranked worse than
78.76% of 918 companies
in the Chemicals industry
Industry Median: 0.385 vs SZSE:002632: 0.76

As of today (2024-04-28), the Dividend Yield % of Daoming Optics & Chemical Co is 6.28%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Daoming Optics & Chemical Co was 8.17%. The lowest was 0.08%. And the median was 0.69%.

Daoming Optics & Chemical Co's Dividends per Share for the months ended in Sep. 2023 was ¥0.00.

During the past 12 months, Daoming Optics & Chemical Co's average Dividends Per Share Growth Rate was 800.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -47.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Daoming Optics & Chemical Co was 141.00% per year. The lowest was -47.70% per year. And the median was 32.10% per year.

The growth rate is calculated with least square regression.

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

Daoming Optics & Chemical Co Dividend Payout Ratio Historical Data

The historical data trend for Daoming Optics & Chemical Co'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.

Daoming Optics & Chemical Co Dividend Payout Ratio Chart

Daoming Optics & Chemical Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dividend Payout Ratio

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0.18

1.52

0.70

0.26

Daoming Optics & Chemical Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	-	5.70	-

Competitive Comparison of Daoming Optics & Chemical Co's Dividend Payout Ratio

For the Specialty Chemicals subindustry, Daoming Optics & Chemical Co'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.

Daoming Optics & Chemical Co's Dividend Payout Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Daoming Optics & Chemical Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Daoming Optics & Chemical Co's Dividend Payout Ratio falls into.

Daoming Optics & Chemical Co Dividend Payout Ratio Calculation

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

Daoming Optics & Chemical Co's Dividend Payout Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2022 )	/	EPS without NRI (A: Dec. 2022 )
	=	0.05	/	0.19
	=	0.26

Daoming Optics & Chemical Co's Dividend Payout Ratio for the quarter that ended in Sep. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2023 )	/	EPS without NRI (Q: Sep. 2023 )
	=	0	/	0.103
	=	0.00

Daoming Optics & Chemical Co (SZSE:002632) 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.

Daoming Optics & Chemical Co Dividend Payout Ratio Related Terms

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

Daoming Optics & Chemical Co (SZSE:002632) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Daoming Optics & Chemical Co Ltd (SZSE:002632) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

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Address

No.581 Dongwu Road, Economic Development Zone, Zhejiang Province, Yongkang, CHN

Website

http://www.chinadaoming.com/index.php

Daoming Optics & Chemical Co Ltd is a China-based company produces reflective materials. It produces reflective sheeting, reflective fabrics, vehicle conspicuity tapes, vehicle number plates and safety garments. It also offers personal and road safety products, finished products, safety vests, release papers, and glass beads.

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