Dawning Information Industry Co (SHSE:603019) Dividend Payout Ratio: 0.77 (As of Jun. 2026) — 235% Above Median

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SHSE:603019 Dawning Information Industry Co Ltd SHSE:603019
92 GF Score
Price ¥86.67
GF Value ¥83.34
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Dawning Information Industry Co Dividend Payout Ratio?

Dawning Information Industry Co SHSE:603019 -1.81% 92 Dividend Payout Ratio is 0.77 as of Jun. 2026, which is 235% above its 10-year median of 0.23. GuruFocus rates SHSE:603019 with a GF Score™ of 92/100 and a GF Value™ of ¥83.34 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,215 Hardware companies, Dawning Information Industry Co ranks better than 70.12% on this metric.

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. Dawning Information Industry Co's Dividend Payout Ratio for the months ended in Jun. 2026 was 0.77.

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

SHSE:603019' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.23   Max: 0.35
Current: 0.26

During the past 13 years, the highest Dividend Payout Ratio of Dawning Information Industry Co was 0.35. The lowest was 0.13. And the median was 0.23.

SHSE:603019's Dividend Payout Ratio is ranked better than
70.12% of 1215 companies
in the Hardware industry
Industry Median: 0.43 vs SHSE:603019: 0.26

As of today (2026-09-01), the Dividend Yield % of Dawning Information Industry Co is 0.51%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Dawning Information Industry Co was 0.97%. The lowest was 0.10%. And the median was 0.29%.

Dawning Information Industry Co's Dividends per Share for the months ended in Jun. 2026 was ¥0.38.

During the past 12 months, Dawning Information Industry Co's average Dividends Per Share Growth Rate was 66.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 19.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 19.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 32.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Dawning Information Industry Co was 58.00% per year. The lowest was 6.70% per year. And the median was 35.60% 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.

Dawning Information Industry Co (SHSE:603019) 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.

Dawning Information Industry Co Dividend Payout Ratio Related Terms

Dawning Information Industry Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Dawning Information Industry 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.

Dawning Information Industry Co Dividend Payout Ratio Chart

Dawning Information Industry Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.20 0.35 0.18 0.21

Dawning Information Industry Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.67 0.00 0.00 0.53 0.77

SHSE:603019 vs DELL, ANET, SNDK: Dividend Payout Ratio Comparison

For the Computer Hardware subindustry, Dawning Information Industry 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.

Dawning Information Industry Co Dividend Payout Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Dawning Information Industry Co's Dividend Payout Ratio distribution charts can be found below:

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


SHSE:603019
92GF Score
Dawning Information Industry Co Ltd SHSE:603019
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dawning Information Industry Co Dividend Payout Ratio Calculation

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.

Dawning Information Industry Co's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=0.27/ 1.26
=0.21

Dawning Information Industry Co's Dividend Payout Ratio for the quarter that ended in Jun. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2026 )/ EPS without NRI (Q: Jun. 2026 )
=0.38/ 0.495
=0.77

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.77 mean?
Dawning Information Industry Co (SHSE:603019) has a Dividend Payout Ratio of 0.77 as of Jun. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Dawning Information Industry Co and its competitors. This is 235% above median its historical median of 0.23. Over the past decade, Dawning Information Industry Co's Dividend Payout Ratio has ranged from 0.13 to 0.35. According to the industry distribution chart, Dawning Information Industry Co ranks #363 out of 1215 companies in the Hardware industry, placing it in the top 29.9%.
Is Dawning Information Industry Co's Dividend Payout Ratio too high?
Dawning Information Industry Co's current Dividend Payout Ratio of 0.77 is 235% above median its 10-year median of 0.23. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 0.35. The Hardware industry median Dividend Payout Ratio is 0.43. Dawning Information Industry Co's value of 0.77 is 79.1% above this industry median. Based on the distribution chart, Dawning Information Industry Co ranks #363 out of 1215 companies in the Hardware industry, which is above the industry midpoint. Overall, Dawning Information Industry Co has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dawning Information Industry Co's Dividend Payout Ratio compare to DELL and ANET?
According to the Hardware industry distribution chart, Dawning Information Industry Co ranks #363 out of 1215 companies for Dividend Payout Ratio. This puts Dawning Information Industry Co in the upper half of its industry. The industry median Dividend Payout Ratio is 0.43. Dawning Information Industry Co's value of 0.77 is 79.1% above this benchmark. Historically, Dawning Information Industry Co's own Dividend Payout Ratio has ranged from 0.13 to 0.35 over the past decade. While the company's 10-year median is 0.23 vs. the industry median of 0.43, Dawning Information Industry Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Hardware company?
The median Dividend Payout Ratio among Hardware companies is 0.43, based on 1,215 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dawning Information Industry Co's current Dividend Payout Ratio of 0.77 is 79.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Dawning Information Industry Co and its competitors. For the Hardware industry, the median Dividend Payout Ratio is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dawning Information Industry Co's current Dividend Payout Ratio is 0.77, which is 235% above median its own 10-year median of 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dawning Information Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Dawning Information Industry Co (SHSE:603019) is currently considered Fairly Valued. The stock's GF Value™ is ¥83.34, compared to a current price of ¥86.67 — trading 4% above its estimated fair value. The current Dividend Payout Ratio is 0.77, which is 235% above median its 10-year median of 0.23 and 79.1% above the Hardware industry median of 0.43. Dawning Information Industry Co's overall GF Score™ is 92/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Dawning Information Industry Co (SHSE:603019), the current Dividend Payout Ratio is 0.77 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Dawning Information Industry Co (SHSE:603019) Overvalued in 2026?

Based on GuruFocus' analysis, Dawning Information Industry Co stock appears to be overvalued. The current stock price of ¥86.67 is trading 4% above its estimated GF Value™ of ¥83.34. GuruFocus considers Dawning Information Industry Co to be Fairly Valued.

Key valuation signals for SHSE:603019:

  • Dividend Payout Ratio: 0.77 (235% above median its 10-year median of 0.23)
  • GF Value™: ¥83.34 vs. price of ¥86.67 (4% above fair value)
  • GF Score™: 92/100 with 3 warning signs
  • Industry Position: 79.1% above the Hardware median (#363 of 1215)

No single metric tells the full story. See the SHSE:603019 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Dawning Information Industry Co Business Description

Address Dongbeiwang West Road, Building 36, No. 8 Courtyard, Haidian District, Beijing, CHN, 100193
Dawning Information Industry Co Ltd is engaged in the research and development and manufacturing of core IT equipment, the company provides high-end computers, storage products and integrated services for cloud computing and big data.
92GF Score

Get the complete analysis for SHSE:603019

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥86.67
Price
¥83.34
GF Value