Niutech Environment Technology (SHSE:688309) Dividend Payout Ratio : 0.00 (As of Jun. 2024)

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What is Niutech Environment Technology 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. Niutech Environment Technology's Dividend Payout Ratio for the months ended in Jun. 2024 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 Niutech Environment Technology Corp is 2.88, which seems too high.

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

SHSE:688309' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.39 Med: 0.39 Max: 2.88
Current: 2.88

During the past 8 years, the highest Dividend Payout Ratio of Niutech Environment Technology was 2.88. The lowest was 0.39. And the median was 0.39.

SHSE:688309's Dividend Payout Ratio is ranked worse than
98.06% of 1705 companies
in the Industrial Products industry
Industry Median: 0.35 vs SHSE:688309: 2.88

As of today (2024-09-22), the Dividend Yield % of Niutech Environment Technology is 0.86%.

During the past 8 years, the highest Trailing Annual Dividend Yield of Niutech Environment Technology was 0.91%. The lowest was 0.26%. And the median was 0.38%.

Niutech Environment Technology's Dividends per Share for the months ended in Jun. 2024 was ¥0.09.

During the past 12 months, Niutech Environment Technology's average Dividends Per Share Growth Rate was 24.30% 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.

Niutech Environment Technology Dividend Payout Ratio Historical Data

The historical data trend for Niutech Environment Technology'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.

Niutech Environment Technology Dividend Payout Ratio Chart

Niutech Environment Technology Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.39

Niutech Environment Technology Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.29	-	-	-	-

Competitive Comparison of Niutech Environment Technology's Dividend Payout Ratio

For the Pollution & Treatment Controls subindustry, Niutech Environment Technology'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.

Niutech Environment Technology's Dividend Payout Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Niutech Environment Technology's Dividend Payout Ratio distribution charts can be found below:

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

Niutech Environment Technology Dividend Payout Ratio Calculation

Niutech Environment Technology'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 )
	=	0.074	/	0.189
	=	0.39

Niutech Environment Technology's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jun. 2024 )	/	EPS without NRI (Q: Jun. 2024 )
	=	0.092	/	-0.031
	=	N/A

Niutech Environment Technology (SHSE:688309) 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.

Niutech Environment Technology Dividend Payout Ratio Related Terms

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Niutech Environment Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Niutech Environment Technology Corp (SHSE:688309) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

N/A

Address

No. 9889 Haitang Road, High-tech Zone, Shandong Province, Jinan, CHN, 250031

Website

http://www.niutech.com

Niutech Environment Technology Corp is engaged in organic waste cracking technology research and development and related equipment design, production and sales. The company specializes in high polymer waste, such as waste tyre, waste plastic, oil sludge, waste oil, biomass, hazard waste and municipal sludge Pyrolysis technology and equipment manufacturing and product sales.

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