Ningbo Shimao Energy Co (SHSE:605028) Dividend Payout Ratio : 0.00 (As of Mar. 2024)

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What is Ningbo Shimao Energy Co Dividend Payout Ratio?

Ningbo Shimao Energy Co's dividend payout ratio for the months ended in Mar. 2024 was 0.00.

The historical rank and industry rank for Ningbo Shimao Energy Co's Dividend Payout Ratio or its related term are showing as below:

SHSE:605028' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.27 Med: 0.4 Max: 0.4
Current: 0.27

During the past 8 years, the highest Dividend Payout Ratio of Ningbo Shimao Energy Co was 0.40. The lowest was 0.27. And the median was 0.40.

SHSE:605028's Dividend Payout Ratio is ranked better than
64.06% of 192 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.41 vs SHSE:605028: 0.27

As of today (2024-06-25), the Dividend Yield % of Ningbo Shimao Energy Co is 4.33%.

During the past 8 years, the highest Trailing Annual Dividend Yield of Ningbo Shimao Energy Co was 4.82%. The lowest was 1.51%. And the median was 2.57%.

Ningbo Shimao Energy Co's Dividends per Share for the months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Ningbo Shimao Energy Co's average Dividends Per Share Growth Rate was -40.00% per year.

The growth rate is calculated with least square regression.

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

Ningbo Shimao Energy Co Dividend Payout Ratio Historical Data

The historical data trend for Ningbo Shimao Energy 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.

Ningbo Shimao Energy Co Dividend Payout Ratio Chart

Ningbo Shimao Energy Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.40

0.27

Ningbo Shimao Energy Co Quarterly Data
	Dec18	Jun19	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															-	0.90	-	-	-

Competitive Comparison of Ningbo Shimao Energy Co's Dividend Payout Ratio

For the Utilities - Renewable subindustry, Ningbo Shimao Energy 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 Shimao Energy Co's Dividend Payout Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Ningbo Shimao Energy Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Ningbo Shimao Energy Co's Dividend Payout Ratio falls into.

Ningbo Shimao Energy Co Dividend Payout Ratio Calculation

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

Ningbo Shimao Energy 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 )
	=	0.3	/	1.12
	=	0.27

Ningbo Shimao Energy 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	/	0.224
	=	0.00

Ningbo Shimao Energy Co (SHSE:605028) 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 Shimao Energy Co Dividend Payout Ratio Related Terms

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

Ningbo Shimao Energy Co (SHSE:605028) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Ningbo Shimao Energy Co Ltd (SHSE:605028) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

N/A

Address

No. 8, Guangxing Road, Binhai Industrial Park, Xiaocao'e Town, Zhejiang Province, Yuyao, CHN, 315475

Website

https://www.shimaoenergy.com

Ningbo Shimao Energy Co Ltd is a cogeneration company with domestic waste and coal as the main raw materials. It provides central heating for the Sino-Italian Ningbo Ecological Park and the surrounding electroplating and food parks for the only regional cogeneration company in the area.

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