Maike Tube Industry Holdings (HKSE:01553) Dividend Payout Ratio : 0.00 (As of Dec. 2023)

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What is Maike Tube Industry Holdings Dividend Payout Ratio?

Maike Tube Industry Holdings's dividend payout ratio for the months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for Maike Tube Industry Holdings's Dividend Payout Ratio or its related term are showing as below:

HKSE:01553' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.25 Med: 0.25 Max: 0.37
Current: 0.25

During the past 8 years, the highest Dividend Payout Ratio of Maike Tube Industry Holdings was 0.37. The lowest was 0.25. And the median was 0.25.

HKSE:01553's Dividend Payout Ratio is ranked better than
59.09% of 308 companies
in the Steel industry
Industry Median: 0.3 vs HKSE:01553: 0.25

As of today (2024-06-15), the Dividend Yield % of Maike Tube Industry Holdings is 9.02%.

During the past 8 years, the highest Trailing Annual Dividend Yield of Maike Tube Industry Holdings was 12.84%. The lowest was 6.69%. And the median was 8.29%.

Maike Tube Industry Holdings's Dividends per Share for the months ended in Dec. 2023 was HK$0.00.

During the past 12 months, Maike Tube Industry Holdings's average Dividends Per Share Growth Rate was 6.30% per year.

The growth rate is calculated with least square regression.

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

Maike Tube Industry Holdings Dividend Payout Ratio Historical Data

The historical data trend for Maike Tube Industry Holdings'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.

Maike Tube Industry Holdings Dividend Payout Ratio Chart

Maike Tube Industry Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.37

0.25

Maike Tube Industry Holdings Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial								-	0.53	-	0.52	-

Competitive Comparison of Maike Tube Industry Holdings's Dividend Payout Ratio

For the Steel subindustry, Maike Tube Industry Holdings'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.

Maike Tube Industry Holdings's Dividend Payout Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Maike Tube Industry Holdings's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Maike Tube Industry Holdings's Dividend Payout Ratio falls into.

Maike Tube Industry Holdings Dividend Payout Ratio Calculation

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

Maike Tube Industry Holdings'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 )
	=	0.101	/	0.401
	=	0.25

Maike Tube Industry Holdings's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0	/	0.205
	=	0.00

Maike Tube Industry Holdings (HKSE:01553) 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.

Maike Tube Industry Holdings Dividend Payout Ratio Related Terms

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

Maike Tube Industry Holdings (HKSE:01553) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Maike Tube Industry Holdings Ltd (HKSE:01553) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 4 Meide Street, Meigui Zone of Industrial Park, Pingyin County, Shandong Province, Jinan, CHN, 250400

Website

http://www.mechpipingtech.com

Maike Tube Industry Holdings Ltd is an investment holding company. The company, through its subsidiaries, is engaged in the manufacturing of steel pipe products and prefabricated pipe nipple products. Its steel pipe products are made through rolling steel plates and welding the seam and are mainly used for gas, water supply, HVAC, and fire extinguishing. The group offers ERW steel pipes, Standard prefabricated pipe nipples, Spiral Submerged Arc Welded steel pipes, Customised steel pipes, and Design and supply assembled piping systems. It has a business presence in the PRC, the US, Europe, and Other countries of which a majority of revenue is generated from the PRC.

Executives

Zhang Jing Ru	2202 Interest of your spouse
Zhao Pu	2101 Beneficial owner
Kong Linglei	2201 Interest of corporation controlled by you
Ying Stone Holdings Limited	2101 Beneficial owner
Tong Chuang Sheng De Limited	2101 Beneficial owner
Tong Chuang Xing De Limited	2101 Beneficial owner
Shang Hai Heng Yuan Guo Ji Tou Zi You Xian Gong Si	2101 Beneficial owner

Maike Tube Industry Holdings (HKSE:01553) Headlines

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