Xinjiang East Universe (Group) Gas Co (SHSE:603706) Dividend Payout Ratio : 0.00 (As of Mar. 2024)

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What is Xinjiang East Universe (Group) Gas Co Dividend Payout Ratio?

Xinjiang East Universe (Group) Gas Co's dividend payout ratio for the months ended in Mar. 2024 was 0.00.

The historical rank and industry rank for Xinjiang East Universe (Group) Gas Co's Dividend Payout Ratio or its related term are showing as below:

SHSE:603706' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.58 Med: 0.75 Max: 1.21
Current: 0.6

During the past 10 years, the highest Dividend Payout Ratio of Xinjiang East Universe (Group) Gas Co was 1.21. The lowest was 0.58. And the median was 0.75.

SHSE:603706's Dividend Payout Ratio is ranked worse than
59.29% of 366 companies
in the Utilities - Regulated industry
Industry Median: 0.52 vs SHSE:603706: 0.60

As of today (2024-05-26), the Dividend Yield % of Xinjiang East Universe (Group) Gas Co is 4.22%.

During the past 10 years, the highest Trailing Annual Dividend Yield of Xinjiang East Universe (Group) Gas Co was 10.03%. The lowest was 1.39%. And the median was 3.87%.

Xinjiang East Universe (Group) Gas Co's Dividends per Share for the months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Xinjiang East Universe (Group) Gas Co's average Dividends Per Share Growth Rate was -12.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 15.90% per year.

During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of Xinjiang East Universe (Group) Gas Co was 31.70% per year. The lowest was 15.90% per year. And the median was 23.80% per year.

The growth rate is calculated with least square regression.

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

Xinjiang East Universe (Group) Gas Co Dividend Payout Ratio Historical Data

The historical data trend for Xinjiang East Universe (Group) Gas 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.

Xinjiang East Universe (Group) Gas Co Dividend Payout Ratio Chart

Xinjiang East Universe (Group) Gas Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.58

0.74

0.90

1.21

0.75

Xinjiang East Universe (Group) Gas 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															-	4.67	-	-	-

Competitive Comparison of Xinjiang East Universe (Group) Gas Co's Dividend Payout Ratio

For the Utilities - Regulated Gas subindustry, Xinjiang East Universe (Group) Gas 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.

Xinjiang East Universe (Group) Gas Co's Dividend Payout Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Xinjiang East Universe (Group) Gas Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Xinjiang East Universe (Group) Gas Co's Dividend Payout Ratio falls into.

Xinjiang East Universe (Group) Gas Co Dividend Payout Ratio Calculation

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

Xinjiang East Universe (Group) Gas 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 )
	=	0.7	/	0.94
	=	0.74

Xinjiang East Universe (Group) Gas 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	/	0.382
	=	0.00

Xinjiang East Universe (Group) Gas Co (SHSE:603706) 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.

Xinjiang East Universe (Group) Gas Co Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Xinjiang East Universe (Group) Gas Co's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Xinjiang East Universe (Group) Gas Co (SHSE:603706) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Xinjiang East Universe (Group) Gas Co Ltd (SHSE:603706) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

N/A

Address

No. 198 Yan'an North Road, 24th Floor, Changji Prefecture, Changji City, CHN, 831100

Website

http://www.dfhyrq.com

Xinjiang East Universe (Group) Gas Co Ltd offers gas supplying services. It offers car gas products, residents living gas products, industrial gas products, commercial gas products and other gas equipment installation services.

Executives

Tian Jia	Director
Zhang Ke	Supervisors
Zhou Jing	senior management
Li Wei Wei	senior management
Li Ming	Director

Xinjiang East Universe (Group) Gas Co (SHSE:603706) Headlines

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