First Tractor Co (HKSE:00038) Dividend Payout Ratio : 0.00 (As of Mar. 2024)

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What is First Tractor Co Dividend Payout Ratio?

First Tractor Co's dividend payout ratio for the months ended in Mar. 2024 was 0.00.

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

HKSE:00038' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.14 Med: 0.25 Max: 0.97
Current: 0.25

During the past 13 years, the highest Dividend Payout Ratio of First Tractor Co was 0.97. The lowest was 0.14. And the median was 0.25.

HKSE:00038's Dividend Payout Ratio is ranked worse than
50.85% of 118 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.245 vs HKSE:00038: 0.25

As of today (2024-05-24), the Dividend Yield % of First Tractor Co is 3.09%.

During the past 13 years, the highest Trailing Annual Dividend Yield of First Tractor Co was 7.57%. The lowest was 0.91%. And the median was 2.13%.

First Tractor Co's Dividends per Share for the months ended in Mar. 2024 was HK$0.00.

During the past 12 months, First Tractor Co's average Dividends Per Share Growth Rate was 82.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of First Tractor Co was 50.50% per year. The lowest was -28.90% per year. And the median was -12.80% per year.

The growth rate is calculated with least square regression.

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

First Tractor Co Dividend Payout Ratio Historical Data

The historical data trend for First Tractor 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.

First Tractor Co Dividend Payout Ratio Chart

First Tractor Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.25

0.18

0.29

First Tractor Co 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															-	1.07	-	-	-

Competitive Comparison of First Tractor Co's Dividend Payout Ratio

For the Farm & Heavy Construction Machinery subindustry, First Tractor 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.

First Tractor Co's Dividend Payout Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, First Tractor Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where First Tractor Co's Dividend Payout Ratio falls into.

First Tractor Co Dividend Payout Ratio Calculation

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

First Tractor 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 )
	=	0.261	/	0.901
	=	0.29

First Tractor Co'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	/	0.595
	=	0.00

First Tractor Co (HKSE:00038) 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.

First Tractor Co Dividend Payout Ratio Related Terms

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

First Tractor Co (HKSE:00038) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » First Tractor Co Ltd (HKSE:00038) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

FIRRF:USA 601038:China

Address

No. 154 Jianshe Road, Henan Province, Luoyang, CHN, 471004

Website

http://www.first-tractor.com.cn

First Tractor Co Ltd is a Chinese company engaged in the agricultural machinery manufacturing industry. Its business scope mainly includes manufacturing and selling agricultural machinery, diesel engines and fuel injections, other machinery, and an operating business of a finance company. It has four reporting divisions. The Agricultural Machinery division, which is the key revenue driver, is responsible for the production and sale of agricultural tractors, harvesters, and others. The power machinery division is mainly responsible for producing and selling diesel engines. The financial business is to handle the member units between the entrusted loans and investment, internal transfer settlement, absorption of member units deposits, and other business.

First Tractor Co (HKSE:00038) Headlines

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