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Guangzhou LBP Medicine Science & Technology Co (SHSE:688393) Dividend Payout Ratio : 1.74 (As of Jun. 2024)


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What is Guangzhou LBP Medicine Science & Technology 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. Guangzhou LBP Medicine Science & Technology Co's Dividend Payout Ratio for the months ended in Jun. 2024 was 1.74.

The historical rank and industry rank for Guangzhou LBP Medicine Science & Technology Co's Dividend Payout Ratio or its related term are showing as below:

SHSE:688393' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.42   Max: 0.63
Current: 0.32


During the past 11 years, the highest Dividend Payout Ratio of Guangzhou LBP Medicine Science & Technology Co was 0.63. The lowest was 0.32. And the median was 0.42.

SHSE:688393's Dividend Payout Ratio is ranked better than
67.27% of 275 companies
in the Medical Devices & Instruments industry
Industry Median: 0.44 vs SHSE:688393: 0.32

As of today (2024-09-21), the Dividend Yield % of Guangzhou LBP Medicine Science & Technology Co is 1.05%.

During the past 11 years, the highest Trailing Annual Dividend Yield of Guangzhou LBP Medicine Science & Technology Co was 1.37%. The lowest was 0.42%. And the median was 0.97%.

Guangzhou LBP Medicine Science & Technology Co's Dividends per Share for the months ended in Jun. 2024 was ¥0.15.

During the past 12 months, Guangzhou LBP Medicine Science & Technology Co's average Dividends Per Share Growth Rate was 7.10% 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.


Guangzhou LBP Medicine Science & Technology Co Dividend Payout Ratio Historical Data

The historical data trend for Guangzhou LBP Medicine Science & 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.

* Premium members only.

Guangzhou LBP Medicine Science & Technology Co Dividend Payout Ratio Chart

Guangzhou LBP Medicine Science & Technology Co Annual Data
Trend Dec12 Dec13 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.42 0.63 0.38

Guangzhou LBP Medicine Science & Technology Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.19 - - - 1.74

Competitive Comparison of Guangzhou LBP Medicine Science & Technology Co's Dividend Payout Ratio

For the Medical Instruments & Supplies subindustry, Guangzhou LBP Medicine Science & 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.


Guangzhou LBP Medicine Science & Technology Co's Dividend Payout Ratio Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Guangzhou LBP Medicine Science & Technology Co's Dividend Payout Ratio falls into.



Guangzhou LBP Medicine Science & Technology 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.

Guangzhou LBP Medicine Science & 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 )
=0.14/ 0.37
=0.38

Guangzhou LBP Medicine Science & Technology Co'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 )
=0.15/ 0.086
=1.74

* 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.


Guangzhou LBP Medicine Science & Technology Co (SHSE:688393) 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.


Guangzhou LBP Medicine Science & Technology Co Dividend Payout Ratio Related Terms

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


Guangzhou LBP Medicine Science & Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Building 7, No. 11, Nanxiang 3rd Road, Guangzhou High-tech Industrial Development Zone, Guangdong Province, Guangzhou, CHN, 510663
Guangzhou LBP Medicine Science & Technology Co Ltd is engaged in production and sales of in vitro diagnostic reagents and instruments. The company's products include Fluorescence in situ hybridization (FISH) series; Immunohistochemistry (IHC) series; Liquid - based cytology (LBP) series; PCR series; and medical laboratory.
Executives
Zhu Jun Xuan Core technical personnel

Guangzhou LBP Medicine Science & Technology Co Headlines

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