Henan Lantian Gas Co (SHSE:605368) Dividend Payout Ratio : 0.00 (As of Dec. 2023)

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What is Henan Lantian Gas Co Dividend Payout Ratio?

Henan Lantian Gas Co's dividend payout ratio for the months ended in Dec. 2023 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Henan Lantian Gas Co Ltd is 1.15, which seems too high.

The historical rank and industry rank for Henan Lantian Gas Co's Dividend Payout Ratio or its related term are showing as below:

SHSE:605368' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.4 Med: 0.54 Max: 1.19
Current: 1.15

During the past 13 years, the highest Dividend Payout Ratio of Henan Lantian Gas Co was 1.19. The lowest was 0.40. And the median was 0.54.

SHSE:605368's Dividend Payout Ratio is ranked worse than
90.98% of 366 companies
in the Utilities - Regulated industry
Industry Median: 0.525 vs SHSE:605368: 1.15

As of today (2024-04-25), the Dividend Yield % of Henan Lantian Gas Co is 7.37%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Henan Lantian Gas Co was 10.49%. The lowest was 2.99%. And the median was 3.86%.

Henan Lantian Gas Co's Dividends per Share for the months ended in Dec. 2023 was ¥0.00.

During the past 12 months, Henan Lantian Gas Co's average Dividends Per Share Growth Rate was 180.10% per year.

The growth rate is calculated with least square regression.

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

Henan Lantian Gas Co Dividend Payout Ratio Historical Data

The historical data trend for Henan Lantian 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.

Henan Lantian Gas Co Dividend Payout Ratio Chart

Henan Lantian Gas Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.54

0.40

1.19

Henan Lantian Gas 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															-	-	5.03	-	-

Competitive Comparison of Henan Lantian Gas Co's Dividend Payout Ratio

For the Utilities - Regulated Gas subindustry, Henan Lantian 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.

Henan Lantian Gas Co's Dividend Payout Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Henan Lantian Gas Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Henan Lantian Gas Co's Dividend Payout Ratio falls into.

Henan Lantian Gas Co Dividend Payout Ratio Calculation

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

Henan Lantian 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 )
	=	1	/	0.84
	=	1.19

Henan Lantian Gas 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	/	0.151
	=	0.00

Henan Lantian Gas Co (SHSE:605368) 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.

Henan Lantian Gas Co Dividend Payout Ratio Related Terms

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

Henan Lantian Gas Co (SHSE:605368) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Henan Lantian Gas Co Ltd (SHSE:605368) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

N/A

Address

West of North Section of Production Stree, Henan Province, Queshan County, Zhumadian, CHN, 463200

Website

http://www.hnltrq.com.cn

Henan Lantian Gas Co Ltd is involved in the natural gas transmission and sales business. The company's natural gas branch has a total length of more than 700 kilometers and covers a population of more than 50 million.

Henan Lantian Gas Co (SHSE:605368) Headlines

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