What is Shandong Donghong Pipe Industry Co Dividend Payout Ratio?
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. Shandong Donghong Pipe Industry Co's Dividend Payout Ratio for the
months ended in Sep. 2024 was 2.66.
The historical rank and industry rank for Shandong Donghong Pipe Industry Co's Dividend Payout Ratio or its related term are showing as below:
SHSE:603856'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.2 Med: 0.3 Max: 0.77
Current: 0.24
During the past 12 years, the highest Dividend Payout Ratio of Shandong Donghong Pipe Industry Co was 0.77. The lowest was 0.20. And the median was 0.30.
SHSE:603856's Dividend Payout Ratio is ranked better than 70.75% of 865
companies
in the Construction industry
Industry Median: 0.36
vs SHSE:603856: 0.24
During the past 12 years, the highest Trailing Annual Dividend Yield of Shandong Donghong Pipe Industry Co was 3.45%. The lowest was 0.72%. And the median was 1.57%.
During the past 12 months, Shandong Donghong Pipe Industry Co's average Dividends Per Share Growth Rate was 8.60% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -9.70% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 2.90% per year.
During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of Shandong Donghong Pipe Industry Co was 37.70% per year. The lowest was -9.70% per year. And the median was -5.00% 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.
Shandong Donghong Pipe Industry Co Dividend Payout Ratio Historical Data
* 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.
Shandong Donghong Pipe Industry Co Dividend Payout Ratio Chart
Competitive Comparison of Shandong Donghong Pipe Industry Co's Dividend Payout Ratio
For the Building Products & Equipment subindustry, Shandong Donghong Pipe 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.
Shandong Donghong Pipe Industry Co's Dividend Payout Ratio Distribution in the Construction Industry
For the Construction industry and Industrials sector, Shandong Donghong Pipe Industry Co's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Shandong Donghong Pipe Industry Co's Dividend Payout Ratio falls into.
Shandong Donghong Pipe 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.
* 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.
Shandong Donghong Pipe Industry Co (SHSE:603856) 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.
Shandong Donghong Pipe Industry Co Dividend Payout Ratio Related Terms
Thank you for viewing the detailed overview of Shandong Donghong Pipe Industry Co's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Shandong Donghong Pipe Industry Co Business Description
Shandong Donghong Pipe Industry Co Ltd is engaged in the research and development, manufacturing and service of an intelligent pipeline system in China. Its products line includes steel mesh skeleton plastic composite pipes, super wear-resisting composite pipes, HDPE gas pipes, plastic-coated steel pipes, polyethylene pipes for underground coal mining, and other products.
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