Shanghai Datun Energy Resourses Co (SHSE:600508) Dividend Payout Ratio : 0.00 (As of Mar. 2024)

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What is Shanghai Datun Energy Resourses Co Dividend Payout Ratio?

Shanghai Datun Energy Resourses Co's dividend payout ratio for the months ended in Mar. 2024 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Shanghai Datun Energy Resourses Co Ltd is 1.22, which seems too high.

The historical rank and industry rank for Shanghai Datun Energy Resourses Co's Dividend Payout Ratio or its related term are showing as below:

SHSE:600508' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.06 Med: 0.26 Max: 1.22
Current: 1.22

During the past 13 years, the highest Dividend Payout Ratio of Shanghai Datun Energy Resourses Co was 1.22. The lowest was 0.06. And the median was 0.26.

SHSE:600508's Dividend Payout Ratio is ranked worse than
82.67% of 75 companies
in the Other Energy Sources industry
Industry Median: 0.62 vs SHSE:600508: 1.22

As of today (2024-05-12), the Dividend Yield % of Shanghai Datun Energy Resourses Co is 5.00%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Shanghai Datun Energy Resourses Co was 6.64%. The lowest was 0.70%. And the median was 2.60%.

Shanghai Datun Energy Resourses Co's Dividends per Share for the months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Shanghai Datun Energy Resourses Co's average Dividends Per Share Growth Rate was 371.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 45.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 13.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Shanghai Datun Energy Resourses Co was 52.90% per year. The lowest was -35.10% per year. And the median was 14.00% per year.

The growth rate is calculated with least square regression.

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

Shanghai Datun Energy Resourses Co Dividend Payout Ratio Historical Data

The historical data trend for Shanghai Datun Energy Resourses 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.

Shanghai Datun Energy Resourses Co Dividend Payout Ratio Chart

Shanghai Datun Energy Resourses Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.35

0.26

0.54

0.06

0.55

Shanghai Datun Energy Resourses 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															-	1.55	-	-	-

Competitive Comparison of Shanghai Datun Energy Resourses Co's Dividend Payout Ratio

For the Thermal Coal subindustry, Shanghai Datun Energy Resourses 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.

Shanghai Datun Energy Resourses Co's Dividend Payout Ratio Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Shanghai Datun Energy Resourses Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Shanghai Datun Energy Resourses Co's Dividend Payout Ratio falls into.

Shanghai Datun Energy Resourses Co Dividend Payout Ratio Calculation

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

Shanghai Datun Energy Resourses 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 )
	=	0.73	/	1.34
	=	0.54

Shanghai Datun Energy Resourses 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	/	0.42
	=	0.00

Shanghai Datun Energy Resourses Co (SHSE:600508) 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.

Shanghai Datun Energy Resourses Co Dividend Payout Ratio Related Terms

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

Shanghai Datun Energy Resourses Co (SHSE:600508) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Shanghai Datun Energy Resourses Co Ltd (SHSE:600508) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

N/A

Address

No. 256 Pudong South Road, Huaxia Bank Building, 12F, Pudong, Shanghai, Shanghai, CHN, 200120

Website

http://www.sdtny.com

Shanghai Datun Energy Resourses Co Ltd is mainly engaged in coal production and trade, washing and processing, coal mine construction, pit power generation, aluminum processing, railway transportation, machinery manufacturing, vocational and technical training and related engineering and technical services. Its products include coking coal, gas coal, gas fat coal, raw coal, washed coal, mixed coal, electrical power, and aluminum products.

Shanghai Datun Energy Resourses Co (SHSE:600508) Headlines

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