Well Lead Medical Co (SHSE:603309) Dividend Payout Ratio

: 0.00 (As of Sep. 2023)

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Well Lead Medical Co's dividend payout ratio for the months ended in Sep. 2023 was 0.00.

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

SHSE:603309' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.21 Med: 0.31 Max: 0.55
Current: 0.55

During the past 12 years, the highest Dividend Payout Ratio of Well Lead Medical Co was 0.55. The lowest was 0.21. And the median was 0.31.

SHSE:603309's Dividend Payout Ratio is ranked worse than
67.14% of 280 companies
in the Medical Devices & Instruments industry
Industry Median: 0.4 vs SHSE:603309: 0.55

As of today (2024-04-19), the Dividend Yield % of Well Lead Medical Co is 3.22%.

During the past 12 years, the highest Trailing Annual Dividend Yield of Well Lead Medical Co was 3.31%. The lowest was 0.32%. And the median was 0.86%.

Well Lead Medical Co's Dividends per Share for the months ended in Sep. 2023 was ¥0.00.

During the past 12 months, Well Lead Medical Co's average Dividends Per Share Growth Rate was 151.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 20.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 9.40% per year.

During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of Well Lead Medical Co was 20.60% per year. The lowest was 10.20% per year. And the median was 20.30% per year.

The growth rate is calculated with least square regression.

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

Well Lead Medical Co Dividend Payout Ratio Historical Data

The historical data trend for Well Lead Medical 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.

Well Lead Medical Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dividend Payout Ratio

0.52

0.21

0.26

0.46

0.27

Well Lead Medical Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Dividend Payout Ratio																-	-	-	2.58	-

Competitive Comparison

For the Medical Instruments & Supplies subindustry, Well Lead Medical 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.

Well Lead Medical Co Dividend Payout Ratio Distribution

For the Medical Devices & Instruments industry and Healthcare sector, Well Lead Medical Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Well Lead Medical Co's Dividend Payout Ratio falls into.

Well Lead Medical Co Dividend Payout Ratio Calculation

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

Well Lead Medical Co's Dividend Payout Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2022 )	/	EPS without NRI (A: Dec. 2022 )
	=	0.135	/	0.5
	=	0.27

Well Lead Medical Co's Dividend Payout Ratio for the quarter that ended in Sep. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2023 )	/	EPS without NRI (Q: Sep. 2023 )
	=	0	/	0.178
	=	0.00

Well Lead Medical Co (SHSE:603309) 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.

Well Lead Medical Co Dividend Payout Ratio Related Terms

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

Well Lead Medical Co (SHSE:603309) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Well Lead Medical Co Ltd (SHSE:603309) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 45-47, South of Guomao Avenue, No. 4, Area C, Jinhu Industrial City, Hualong Town, Panyu District, Guangdong Province, Guangzhou City, CHN, 511434

Website

http://www.welllead.com.cn

Well Lead Medical Co Ltd is engaged in research, production, and sales of medical catheters in anaesthesia, urology, respiratory and hemodialysis region. Its products include Endotracheal Tube, Standar Endotracheal Tube, and Suction Endotracheal Tube. The company products are used in surgery, treatment, first aid, and nursing. The company exports its products to North America, Europe, and Japan.

Well Lead Medical Co (SHSE:603309) Headlines

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