iRay Technology Co (SHSE:688301) Dividend Payout Ratio : 0.00 (As of Mar. 2024)

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What is iRay Technology Co Dividend Payout Ratio?

iRay Technology Co's dividend payout ratio for the months ended in Mar. 2024 was 0.00.

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

SHSE:688301' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.21 Med: 0.31 Max: 0.5
Current: 0.45

During the past 9 years, the highest Dividend Payout Ratio of iRay Technology Co was 0.50. The lowest was 0.21. And the median was 0.31.

SHSE:688301's Dividend Payout Ratio is ranked worse than
52.35% of 277 companies
in the Medical Devices & Instruments industry
Industry Median: 0.43 vs SHSE:688301: 0.45

As of today (2024-06-11), the Dividend Yield % of iRay Technology Co is 1.62%.

During the past 9 years, the highest Trailing Annual Dividend Yield of iRay Technology Co was 1.70%. The lowest was 0.18%. And the median was 0.59%.

iRay Technology Co's Dividends per Share for the months ended in Mar. 2024 was ¥0.00.

During the past 12 months, iRay Technology Co's average Dividends Per Share Growth Rate was 84.60% per year.

The growth rate is calculated with least square regression.

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

iRay Technology Co Dividend Payout Ratio Historical Data

The historical data trend for iRay Technology 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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iRay Technology Co Dividend Payout Ratio Chart

iRay Technology Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.21

0.31

0.50

iRay Technology 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															-	1.42	-	-	-

Competitive Comparison of iRay Technology Co's Dividend Payout Ratio

For the Medical Instruments & Supplies subindustry, iRay Technology 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.

iRay Technology Co's Dividend Payout Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, iRay Technology Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where iRay Technology Co's Dividend Payout Ratio falls into.

iRay Technology Co Dividend Payout Ratio Calculation

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

iRay Technology 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 )
	=	2.9	/	5.81
	=	0.50

iRay Technology 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	/	1.555
	=	0.00

iRay Technology Co (SHSE:688301) 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.

iRay Technology Co Dividend Payout Ratio Related Terms

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

iRay Technology Co (SHSE:688301) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » iRay Technology Co Ltd (SHSE:688301) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.590 Ruiqing Road, Room 202, 2nd Floor, Building 9, Pudong New Area, Shanghai, CHN, 201201

Website

http://www.iraygroup.com

iRay Technology Co Ltd is engaged in development and manufacturing of key X-ray system components used in medical, dental, veterinary and industrial imaging applications. The company's products portfolio includes Wireless Radiography Detectors; Tethered Radiography Detectors; Mammography Detectors; Dynamic/Real-time Detectors; Linear Detector Arrays; Software; and Other.

Executives

	Director
	Directors, senior managers, core technical personn

iRay Technology Co (SHSE:688301) Headlines

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