Heatking Induction Technology (Shiyan) Co (BJSE:838670) Dividend Payout Ratio : 25.00 (As of Jun. 2024)

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What is Heatking Induction Technology (Shiyan) Co Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Heatking Induction Technology (Shiyan) Co's Dividend Payout Ratio for the months ended in Jun. 2024 was 25.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Heatking Induction Technology (Shiyan) Co Ltd is 1.14, which seems too high.

The historical rank and industry rank for Heatking Induction Technology (Shiyan) Co's Dividend Payout Ratio or its related term are showing as below:

BJSE:838670' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.28 Med: 1.17 Max: 2.06
Current: 1.14

During the past 10 years, the highest Dividend Payout Ratio of Heatking Induction Technology (Shiyan) Co was 2.06. The lowest was 0.28. And the median was 1.17.

BJSE:838670's Dividend Payout Ratio is ranked worse than
92.72% of 1704 companies
in the Industrial Products industry
Industry Median: 0.35 vs BJSE:838670: 1.14

As of today (2024-09-25), the Dividend Yield % of Heatking Induction Technology (Shiyan) Co is 1.94%.

During the past 10 years, the highest Trailing Annual Dividend Yield of Heatking Induction Technology (Shiyan) Co was 13.84%. The lowest was 1.56%. And the median was 4.20%.

Heatking Induction Technology (Shiyan) Co's Dividends per Share for the months ended in Jun. 2024 was ¥0.15.

During the past 12 months, Heatking Induction Technology (Shiyan) Co's average Dividends Per Share Growth Rate was -82.40% per year.

The growth rate is calculated with least square regression.

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.

Heatking Induction Technology (Shiyan) Co Dividend Payout Ratio Historical Data

The historical data trend for Heatking Induction Technology (Shiyan) 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.

Heatking Induction Technology (Shiyan) Co Dividend Payout Ratio Chart

Heatking Induction Technology (Shiyan) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.28

2.06

Heatking Induction Technology (Shiyan) Co Quarterly Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Dividend Payout Ratio	Get a 7-Day Free Trial															7.97	-	-	-	25.00

Competitive Comparison of Heatking Induction Technology (Shiyan) Co's Dividend Payout Ratio

For the Specialty Industrial Machinery subindustry, Heatking Induction Technology (Shiyan) 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.

Heatking Induction Technology (Shiyan) Co's Dividend Payout Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Heatking Induction Technology (Shiyan) Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Heatking Induction Technology (Shiyan) Co's Dividend Payout Ratio falls into.

Heatking Induction Technology (Shiyan) Co Dividend Payout Ratio Calculation

Heatking Induction Technology (Shiyan) Co'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 )
	=	0.55	/	0.267
	=	2.06

Heatking Induction Technology (Shiyan) Co's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jun. 2024 )	/	EPS without NRI (Q: Jun. 2024 )
	=	0.15	/	0.006
	=	25.00

Heatking Induction Technology (Shiyan) Co (BJSE:838670) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

Heatking Induction Technology (Shiyan) Co Dividend Payout Ratio Related Terms

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

Heatking Induction Technology (Shiyan) Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Heatking Induction Technology (Shiyan) Co Ltd (BJSE:838670) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6, Pulin 1st Road, Pulin Industrial Park, Hubei Province, Shiyan City, CHN, 442000

Website

http://www.syheatking.com

Heatking Induction Technology (Shiyan) Co Ltd engages in research and development, production, sales, and technical services of medium and high-end CNC induction heat treatment complete sets of equipment and key functional components. Its products comprise induction heating, machine workpiece, automotive workpiece, wind power workpiece, Heating Industry, Military Workpiece, Standard Equipment, Heat Treatment, Cooling System, Monitoring System, Power Switch, Heating Transformer, and Heating Coils & Inductors.

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