Shandong Weigao Group Medical Polymer Co's dividend payout ratio for the
months ended in Jun. 2023 was 0.29.
The historical rank and industry rank for Shandong Weigao Group Medical Polymer Co's Dividend Payout Ratio or its related term are showing as below:
HKSE:01066'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.25 Med: 0.29 Max: 0.35
Current: 0.35
During the past 13 years, the highest Dividend Payout Ratio of Shandong Weigao Group Medical Polymer Co was 0.35. The lowest was 0.25. And the median was 0.29.
HKSE:01066's Dividend Payout Ratio is ranked better than 60% of 280
companies
in the Medical Devices & Instruments industry
Industry Median: 0.4
vs HKSE:01066: 0.35
As of today (2024-04-23), the Dividend Yield % of Shandong Weigao Group Medical Polymer Co is 3.44%.
During the past 13 years, the highest Trailing Annual Dividend Yield of Shandong Weigao Group Medical Polymer Co was 3.77%. The lowest was 0.59%. And the median was 1.44%.
Shandong Weigao Group Medical Polymer Co's Dividends per Share for the
months ended in Jun. 2023 was HK$0.09.
During the past 12 months, Shandong Weigao Group Medical Polymer Co's average Dividends Per Share Growth Rate was 7.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 11.10% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 12.00% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 9.30% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Shandong Weigao Group Medical Polymer Co was 108.00% per year. The lowest was -1.70% per year. And the median was 14.80% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Shandong Weigao Group Medical Polymer Co Dividend Payout Ratio Historical Data
The historical data trend for Shandong Weigao Group Medical Polymer 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.
Shandong Weigao Group Medical Polymer Co Annual Data
For the Medical Instruments & Supplies subindustry, Shandong Weigao Group Medical Polymer 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.
Shandong Weigao Group Medical Polymer Co Dividend Payout Ratio Distribution
For the Medical Devices & Instruments industry and Healthcare sector, Shandong Weigao Group Medical Polymer Co's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Shandong Weigao Group Medical Polymer Co's Dividend Payout Ratio falls into.
Shandong Weigao Group Medical Polymer Co Dividend Payout Ratio Calculation
Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.
Shandong Weigao Group Medical Polymer Co's Dividend Payout Ratio for the fiscal year that ended in Dec. 2022 is calculated as
* 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.
Shandong Weigao Group Medical Polymer Co (HKSE:01066) 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.
Shandong Weigao Group Medical Polymer Co Dividend Payout Ratio Related Terms
Thank you for viewing the detailed overview of Shandong Weigao Group Medical Polymer Co's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Shandong Weigao Group Medical Polymer Co (HKSE:01066) Business Description
Shandong Weigao Group Medical Polymer Co Ltd functions in the healthcare sector in China. Its business mainly involves the research and development, production, and sale of single-use medical device products. The company's segments include Medical device products, Orthopaedic products, Interventional products, Pharma packaging products, Blood management products, and others. The company's products comprise consumables including infusion sets, syringes, medical needles, blood bags, prefilled syringes, wound management, blood sampling products; orthopedic materials, and blood purification consumables and equipment. The company operates in the People's Republic of China, the United States, Europe, the Middle East, and Africa, Asia, and others.
Shandong Weigao Group Medical Polymer Co (HKSE:01066) Headlines
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