Snowskylt Industry Group Co (SHSE:600929) Dividend Payout Ratio : 25.00 (As of Sep. 2024)

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What is Snowskylt Industry Group 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. Snowskylt Industry Group Co's Dividend Payout Ratio for the months ended in Sep. 2024 was 25.00.

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

SHSE:600929' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.13 Med: 0.35 Max: 0.62
Current: 0.62

During the past 10 years, the highest Dividend Payout Ratio of Snowskylt Industry Group Co was 0.62. The lowest was 0.13. And the median was 0.35.

SHSE:600929's Dividend Payout Ratio is ranked worse than
75.98% of 920 companies
in the Chemicals industry
Industry Median: 0.36 vs SHSE:600929: 0.62

As of today (2025-03-26), the Dividend Yield % of Snowskylt Industry Group Co is 3.76%.

During the past 10 years, the highest Trailing Annual Dividend Yield of Snowskylt Industry Group Co was 4.95%. The lowest was 0.24%. And the median was 1.09%.

Snowskylt Industry Group Co's Dividends per Share for the months ended in Sep. 2024 was ¥0.20.

During the past 12 months, Snowskylt Industry Group Co's average Dividends Per Share Growth Rate was -20.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 145.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 47.70% per year.

During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of Snowskylt Industry Group Co was 145.00% per year. The lowest was 14.70% per year. And the median was 62.00% 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.

Snowskylt Industry Group Co Dividend Payout Ratio Historical Data

The historical data trend for Snowskylt Industry Group 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.

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Snowskylt Industry Group Co Dividend Payout Ratio Chart

Snowskylt Industry Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.35

0.13

0.52

0.36

0.60

Snowskylt Industry Group Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	-	-	25.00

Competitive Comparison of Snowskylt Industry Group Co's Dividend Payout Ratio

For the Chemicals subindustry, Snowskylt Industry Group 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.

Snowskylt Industry Group Co's Dividend Payout Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Snowskylt Industry Group Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Snowskylt Industry Group Co's Dividend Payout Ratio falls into.

Snowskylt Industry Group Co Dividend Payout Ratio Calculation

Snowskylt Industry Group 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 )
	=	0.25	/	0.416
	=	0.60

Snowskylt Industry Group Co's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	0.2	/	0.008
	=	25.00

Snowskylt Industry Group Co (SHSE:600929) 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.

Snowskylt Industry Group Co Dividend Payout Ratio Related Terms

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

Snowskylt Industry Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Snowsky Salt Industry Group Co Ltd (SHSE:600929) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

N/A

Address

No. 519 Jianxiang Road, Furong District, Hunan Province, Changsha, CHN, 410005

Website

http://www.hunansalt.com

Snowsky Salt Industry Group Co Ltd formerly known as Hunan Salt Industry Co Ltd is mainly engaged in the production and sale of salt products. The main products include salt, small industrial salt, daily chemical salt and others.

Executives

Wang Ha Bin	Director
Liu Shao Hua	senior management
Jiang You Jun	senior management
Zhou Qun Hui	senior management
Yang Li Shu	senior management
Liu Xiao Wei	senior management
Chen Wei	senior management
Zhou Jian	Director
Wang Zhi Hui	Supervisors
Li Peng	Supervisors
Li Li Qun	Supervisors
Li Ying	Director
Chen Quan Sheng	Director
Wu Rong Dou	Director
Liu Xiao Zuo	Director

Snowskylt Industry Group Co Headlines

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