If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Shanghai Guangdian Electric Group Co Ltd is 1.71, which seems too high.
The historical rank and industry rank for Shanghai Guangdian Electric Group Co's Dividend Payout Ratio or its related term are showing as below:
SHSE:601616'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.15 Med: 1.79 Max: 70
Current: 1.71
During the past 13 years, the highest Dividend Payout Ratio of Shanghai Guangdian Electric Group Co was 70.00. The lowest was 0.15. And the median was 1.79.
SHSE:601616's Dividend Payout Ratio is ranked worse than 92.24% of 1185
companies
in the Hardware industry
Industry Median: 0.46
vs SHSE:601616: 1.71
During the past 13 years, the highest Trailing Annual Dividend Yield of Shanghai Guangdian Electric Group Co was 3.52%. The lowest was 0.41%. And the median was 1.31%.
During the past 3 years, the average Dividends Per Share Growth Rate was 11.90% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Shanghai Guangdian Electric Group Co was 71.60% per year. The lowest was -33.10% per year. And the median was -20.60% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Shanghai Guangdian Electric Group Co Dividend Payout Ratio Historical Data
* 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 Guangdian Electric Group Co Dividend Payout Ratio Chart
Competitive Comparison of Shanghai Guangdian Electric Group Co's Dividend Payout Ratio
For the Electronics & Computer Distribution subindustry, Shanghai Guangdian Electric 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.
Shanghai Guangdian Electric Group Co's Dividend Payout Ratio Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Shanghai Guangdian Electric Group Co's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Shanghai Guangdian Electric Group Co's Dividend Payout Ratio falls into.
Shanghai Guangdian Electric Group Co Dividend Payout Ratio Calculation
Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.
* 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.
Shanghai Guangdian Electric Group Co (SHSE:601616) 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 Guangdian Electric Group Co Dividend Payout Ratio Related Terms
Thank you for viewing the detailed overview of Shanghai Guangdian Electric Group Co's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Shanghai Guangdian Electric Group Co (SHSE:601616) Business Description
Shanghai Guangdian Electric Group Co Ltd designs, develops, manufactures, and markets distribution and control products and solution services in China. The company provides switchgear, medium voltage equipment, vacuum circuit breakers, low voltage switchgear and distribution panels among others.
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