If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Guangdong Dowstone Technology co Ltd is 0.99, which seems too high.
During the past 12 months, Guangdong Dowstone Technology co's average Dividends Per Share Growth Rate was 660.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -20.60% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was -21.50% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Guangdong Dowstone Technology co was 21.80% per year. The lowest was -30.70% per year. And the median was -5.55% per year.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Guangdong Dowstone Technology co Dividends per Share Historical Data
* 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.
Guangdong Dowstone Technology co Dividends per Share Chart
Competitive Comparison of Guangdong Dowstone Technology co's Dividends per Share
For the Specialty Chemicals subindustry, Guangdong Dowstone Technology co's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.
Guangdong Dowstone Technology co's Dividend Yield % Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Guangdong Dowstone Technology co's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Guangdong Dowstone Technology co's Dividend Yield % falls into.
Guangdong Dowstone Technology co Dividends per Share Calculation
Dividends paid to per common share.
Guangdong Dowstone Technology co (SZSE:300409) Dividends per Share Explanation
1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.
Guangdong Dowstone Technology co's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as
During the past 13 years, the highest Dividend Payout Ratio of Guangdong Dowstone Technology co was 15.00. The lowest was 0.05. And the median was 0.39.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Guangdong Dowstone Technology co Ltd is 0.99, which seems too high.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Guangdong Dowstone Technology co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CNY 0.180000
2024-09-27
2024-09-26
2024-09-27
Cash Dividend
semi-annually
CNY:CNY 1.000000
CNY 0.200112
2024-05-28
2024-05-27
2024-05-28
Cash Dividend
annually
CNY:CNY 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Guangdong Dowstone Technology co's Dividend Yield (%) for Today is calculated as
Current Share Price is ¥15.03.
Guangdong Dowstone Technology co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.380112.
During the past 13 years, the highest Dividend Yield of Guangdong Dowstone Technology co was 3.30%. The lowest was 0.16%. And the median was 0.47%.
* 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.
Guangdong Dowstone Technology co Dividends per Share Related Terms
Thank you for viewing the detailed overview of Guangdong Dowstone Technology co's Dividends per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Guangdong Dowstone Technology co Business Description
Guangdong Dowstone Technology co Ltd is a domestic ceramic product full-service chain product and service provider. The company also provides package product solutions and raw material procurement management services for high-end ceramics manufacturers at home and abroad. Its product offerings include Ceramic ink, Enamel glaze, One-time burning, Full caste Glaze, and others. The company's solutions consist of Digital overall solution, Finished glaze overall solution, Dry powder dry granule overall solution, Total solution service process, and other solutions.
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