NOVA Technology (SZSE:300921) Dividend Payout Ratio : 0.00 (As of Mar. 2024)

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What is NOVA Technology Dividend Payout Ratio?

NOVA Technology's dividend payout ratio for the months ended in Mar. 2024 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 NOVA Technology Corp Ltd is 1.00, which seems too high.

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

SZSE:300921' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.72 Med: 1.17 Max: 1.33
Current: 1

During the past 8 years, the highest Dividend Payout Ratio of NOVA Technology was 1.33. The lowest was 0.72. And the median was 1.17.

SZSE:300921's Dividend Payout Ratio is ranked worse than
79.67% of 182 companies
in the Telecommunication Services industry
Industry Median: 0.56 vs SZSE:300921: 1.00

As of today (2024-05-22), the Dividend Yield % of NOVA Technology is 1.10%.

During the past 8 years, the highest Trailing Annual Dividend Yield of NOVA Technology was 2.52%. The lowest was 0.68%. And the median was 1.19%.

NOVA Technology's Dividends per Share for the months ended in Mar. 2024 was ¥0.00.

During the past 12 months, NOVA Technology's average Dividends Per Share Growth Rate was -13.00% per year.

The growth rate is calculated with least square regression.

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

NOVA Technology Dividend Payout Ratio Historical Data

The historical data trend for NOVA Technology'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.

NOVA Technology Dividend Payout Ratio Chart

NOVA Technology Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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1.17

0.72

1.33

NOVA Technology Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	2.86	-	-	-

Competitive Comparison of NOVA Technology's Dividend Payout Ratio

For the Telecom Services subindustry, NOVA Technology'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.

NOVA Technology's Dividend Payout Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, NOVA Technology's Dividend Payout Ratio distribution charts can be found below:

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

NOVA Technology Dividend Payout Ratio Calculation

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

NOVA Technology'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 )
	=	0.2	/	0.15
	=	1.33

NOVA Technology's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	0	/	0.004
	=	0.00

NOVA Technology (SZSE:300921) 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.

NOVA Technology Dividend Payout Ratio Related Terms

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

NOVA Technology (SZSE:300921) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » NOVA Technology Corp Ltd (SZSE:300921) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

N/A

Address

1006 Shennan Avenue, 16th Floor, Building A, Shenzhen International Innovation Center, Futian District, Guangdong Province, Shenzhen, CHN, 518033

Website

https://www.nova.net.cn

NOVA Technology Corp Ltd is a network communication services provider. It offers dedicated network communication, cloud computing and system integration services.

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