Zhejiang Three Stars New Materials Co (SHSE:603578) Dividend Payout Ratio : 0.00 (As of Mar. 2024)

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What is Zhejiang Three Stars New Materials Co Dividend Payout Ratio?

Zhejiang Three Stars New Materials Co's dividend payout ratio for the months ended in Mar. 2024 was 0.00.

The historical rank and industry rank for Zhejiang Three Stars New Materials Co's Dividend Payout Ratio or its related term are showing as below:

SHSE:603578' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.29 Med: 0.32 Max: 0.43
Current: 0.3

During the past 12 years, the highest Dividend Payout Ratio of Zhejiang Three Stars New Materials Co was 0.43. The lowest was 0.29. And the median was 0.32.

SHSE:603578's Dividend Payout Ratio is ranked better than
56.74% of 1662 companies
in the Industrial Products industry
Industry Median: 0.33 vs SHSE:603578: 0.30

As of today (2024-06-22), the Dividend Yield % of Zhejiang Three Stars New Materials Co is 1.50%.

During the past 12 years, the highest Trailing Annual Dividend Yield of Zhejiang Three Stars New Materials Co was 1.96%. The lowest was 0.77%. And the median was 1.13%.

Zhejiang Three Stars New Materials Co's Dividends per Share for the months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Zhejiang Three Stars New Materials Co's average Dividends Per Share Growth Rate was -18.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 16.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 14.40% per year.

During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of Zhejiang Three Stars New Materials Co was 24.10% per year. The lowest was 11.90% per year. And the median was 16.10% per year.

The growth rate is calculated with least square regression.

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

Zhejiang Three Stars New Materials Co Dividend Payout Ratio Historical Data

The historical data trend for Zhejiang Three Stars New Materials 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.

Zhejiang Three Stars New Materials Co Dividend Payout Ratio Chart

Zhejiang Three Stars New Materials Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.36

0.30

0.32

0.43

0.29

Zhejiang Three Stars New Materials Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	0.44	-	-	-

Competitive Comparison of Zhejiang Three Stars New Materials Co's Dividend Payout Ratio

For the Specialty Industrial Machinery subindustry, Zhejiang Three Stars New Materials 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.

Zhejiang Three Stars New Materials Co's Dividend Payout Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Three Stars New Materials Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Zhejiang Three Stars New Materials Co's Dividend Payout Ratio falls into.

Zhejiang Three Stars New Materials Co Dividend Payout Ratio Calculation

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

Zhejiang Three Stars New Materials 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 )
	=	0.18	/	0.62
	=	0.29

Zhejiang Three Stars New Materials Co's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	0	/	0.135
	=	0.00

Zhejiang Three Stars New Materials Co (SHSE:603578) 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.

Zhejiang Three Stars New Materials Co Dividend Payout Ratio Related Terms

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

Zhejiang Three Stars New Materials Co (SHSE:603578) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Three Stars New Materials Co Ltd (SHSE:603578) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

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Address

No. 333 Hanghai Road, Minyue Town, Deqing County, Zhejiang Province, Huzhou, CHN, 313213

Website

http://www.sxslhg.com

Zhejiang Three Stars New Materials Co Ltd is a China based company involved in the design, development, production and sales of all kinds of low temperature storage equipment glass door and deep processing glass products. It produces hollow glass door, PVC extrusion profile, single layer glass door, overall injection molding glass door, coating glass, tempered glass and touch screen glass. The company's deep-processed glass products include tempered glass, coated glass, and crystal glass, among others.

Executives

Yang Pei Zhu	senior management
Zhang Jin Zhu	Director
Wang Xue Yong	Director
Yang Min	Director
Yang A Yong	Director
Xu Fen	Director

Zhejiang Three Stars New Materials Co (SHSE:603578) Headlines

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