Ningbo Techmation Co (SHSE:603015) Dividend Payout Ratio : 2.63 (As of Jun. 2024)

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What is Ningbo Techmation 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. Ningbo Techmation Co's Dividend Payout Ratio for the months ended in Jun. 2024 was 2.63.

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

SHSE:603015' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.28 Med: 0.49 Max: 2.4
Current: 0.68

During the past 13 years, the highest Dividend Payout Ratio of Ningbo Techmation Co was 2.40. The lowest was 0.28. And the median was 0.49.

SHSE:603015's Dividend Payout Ratio is ranked worse than
79.47% of 1705 companies
in the Industrial Products industry
Industry Median: 0.35 vs SHSE:603015: 0.68

As of today (2024-09-21), the Dividend Yield % of Ningbo Techmation Co is 2.32%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Ningbo Techmation Co was 3.20%. The lowest was 0.27%. And the median was 1.02%.

Ningbo Techmation Co's Dividends per Share for the months ended in Jun. 2024 was ¥0.15.

During the past 12 months, Ningbo Techmation Co's average Dividends Per Share Growth Rate was 200.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ningbo Techmation Co was 53.30% per year. The lowest was -17.80% 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.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Ningbo Techmation Co Dividend Payout Ratio Historical Data

The historical data trend for Ningbo Techmation 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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Ningbo Techmation Co Dividend Payout Ratio Chart

Ningbo Techmation Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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2.40

0.53

1.43

0.42

Ningbo Techmation Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.86	-	-	-	2.63

Competitive Comparison of Ningbo Techmation Co's Dividend Payout Ratio

For the Specialty Industrial Machinery subindustry, Ningbo Techmation 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.

Ningbo Techmation Co's Dividend Payout Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ningbo Techmation Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Ningbo Techmation Co's Dividend Payout Ratio falls into.

Ningbo Techmation Co Dividend Payout Ratio Calculation

Ningbo Techmation 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 )
	=	0.05	/	0.12
	=	0.42

Ningbo Techmation Co's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jun. 2024 )	/	EPS without NRI (Q: Jun. 2024 )
	=	0.15	/	0.057
	=	2.63

Ningbo Techmation Co (SHSE:603015) 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.

Ningbo Techmation Co Dividend Payout Ratio Related Terms

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

Ningbo Techmation Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ningbo Techmation Co Ltd (SHSE:603015) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

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Address

No.88 Dagang Fifth Road, Beilun, Ningbo, CHN

Website

http://www.techmation.com.cn

Ningbo Techmation Co Ltd is a supplier of automation system integration in the plastics processing industry, providing high-quality automation system solutions for medium and high-end plastic machinery manufacturers. Its products include iNet, plastic machinery control system, the energy-saving servo system and other automated products and system solution.

Executives

Zheng Qin	senior management
Yu Tian Long	Director
Yin Kun	Director
Ye Hai Ping	senior management
Zhou Xiao Long	Director
Yu Yang	Director

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