Ningbo Orient Wires & Cables Co (SHSE:603606) Dividend Payout Ratio : 0.00 (As of Dec. 2023)

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What is Ningbo Orient Wires & Cables Co Dividend Payout Ratio?

Ningbo Orient Wires & Cables Co's dividend payout ratio for the months ended in Dec. 2023 was 0.00.

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

SHSE:603606' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.1 Med: 0.18 Max: 0.38
Current: 0.16

During the past 13 years, the highest Dividend Payout Ratio of Ningbo Orient Wires & Cables Co was 0.38. The lowest was 0.10. And the median was 0.18.

SHSE:603606's Dividend Payout Ratio is ranked better than
79.83% of 1671 companies
in the Industrial Products industry
Industry Median: 0.32 vs SHSE:603606: 0.16

As of today (2024-04-24), the Dividend Yield % of Ningbo Orient Wires & Cables Co is 0.65%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Ningbo Orient Wires & Cables Co was 1.16%. The lowest was 0.15%. And the median was 0.48%.

Ningbo Orient Wires & Cables Co's Dividends per Share for the months ended in Dec. 2023 was ¥0.00.

During the past 12 months, Ningbo Orient Wires & Cables Co's average Dividends Per Share Growth Rate was -28.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 24.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 53.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ningbo Orient Wires & Cables Co was 89.10% per year. The lowest was 9.40% per year. And the median was 66.95% per year.

The growth rate is calculated with least square regression.

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

Ningbo Orient Wires & Cables Co Dividend Payout Ratio Historical Data

The historical data trend for Ningbo Orient Wires & Cables 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 Orient Wires & Cables Co Dividend Payout Ratio Chart

Ningbo Orient Wires & Cables Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.12

0.10

0.13

0.29

0.18

Ningbo Orient Wires & Cables Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	0.44	-	-

Competitive Comparison of Ningbo Orient Wires & Cables Co's Dividend Payout Ratio

For the Electrical Equipment & Parts subindustry, Ningbo Orient Wires & Cables 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 Orient Wires & Cables Co's Dividend Payout Ratio Distribution in the Industrial Products Industry

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

* The bar in red indicates where Ningbo Orient Wires & Cables Co's Dividend Payout Ratio falls into.

Ningbo Orient Wires & Cables Co Dividend Payout Ratio Calculation

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

Ningbo Orient Wires & Cables 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 )
	=	0.25	/	1.41
	=	0.18

Ningbo Orient Wires & Cables Co's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0	/	0.352
	=	0.00

Ningbo Orient Wires & Cables Co (SHSE:603606) 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.

Ningbo Orient Wires & Cables Co Dividend Payout Ratio Related Terms

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

Ningbo Orient Wires & Cables Co (SHSE:603606) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ningbo Orient Wires & Cables Co Ltd (SHSE:603606) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

N/A

Address

968 East JiangNan Road, Beilun District, Zhejiang, Ningbo, CHN

Website

http://www.orient-cables.com

Ningbo Orient Wires & Cables Co Ltd is a China-based fiber optic cable manufacturing company. The company is a provider in design, manufacture, install, and service of land cables and subsea cables. Its products are mainly used by the energy companies and subsea service providers. Its subsea cables products include AC subsea power cables, DC subsea power cables, Subsea Equipment Umbilical, Subsea dynamic cables used in a submarine. Its power cable offerings include D.C Power Cable, LV Power Cable(1kV), MV Power Cable(6-35kV), HV Power Cable(110kV), among others.

Ningbo Orient Wires & Cables Co (SHSE:603606) Headlines

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