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Zhejiang Jiuli Hi-Tech Metals Co (SZSE:002318) Dividend Payout Ratio : 0.00 (As of Mar. 2024)


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What is Zhejiang Jiuli Hi-Tech Metals Co Dividend Payout Ratio?

Zhejiang Jiuli Hi-Tech Metals Co's dividend payout ratio for the months ended in Mar. 2024 was 0.00.

The historical rank and industry rank for Zhejiang Jiuli Hi-Tech Metals Co's Dividend Payout Ratio or its related term are showing as below:

SZSE:002318' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.45   Max: 0.62
Current: 0.25


During the past 13 years, the highest Dividend Payout Ratio of Zhejiang Jiuli Hi-Tech Metals Co was 0.62. The lowest was 0.11. And the median was 0.45.

SZSE:002318's Dividend Payout Ratio is ranked better than
59.22% of 309 companies
in the Steel industry
Industry Median: 0.3 vs SZSE:002318: 0.25

As of today (2024-06-23), the Dividend Yield % of Zhejiang Jiuli Hi-Tech Metals Co is 2.04%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Zhejiang Jiuli Hi-Tech Metals Co was 4.48%. The lowest was 0.16%. And the median was 1.92%.

Zhejiang Jiuli Hi-Tech Metals Co's Dividends per Share for the months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Zhejiang Jiuli Hi-Tech Metals Co's average Dividends Per Share Growth Rate was 7.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 12.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 19.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 31.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Zhejiang Jiuli Hi-Tech Metals Co was 146.60% per year. The lowest was -20.60% per year. And the median was 35.70% per year.

The growth rate is calculated with least square regression.

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


Zhejiang Jiuli Hi-Tech Metals Co Dividend Payout Ratio Historical Data

The historical data trend for Zhejiang Jiuli Hi-Tech Metals 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.

Zhejiang Jiuli Hi-Tech Metals Co Dividend Payout Ratio Chart

Zhejiang Jiuli Hi-Tech Metals Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.43 0.50 0.30 0.34

Zhejiang Jiuli Hi-Tech Metals 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 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 - 0.84 - - -

Competitive Comparison of Zhejiang Jiuli Hi-Tech Metals Co's Dividend Payout Ratio

For the Steel subindustry, Zhejiang Jiuli Hi-Tech Metals 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.


Zhejiang Jiuli Hi-Tech Metals Co's Dividend Payout Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Zhejiang Jiuli Hi-Tech Metals Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Zhejiang Jiuli Hi-Tech Metals Co's Dividend Payout Ratio falls into.



Zhejiang Jiuli Hi-Tech Metals Co Dividend Payout Ratio Calculation

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

Zhejiang Jiuli Hi-Tech Metals 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 )
=0.43/ 1.25
=0.34

Zhejiang Jiuli Hi-Tech Metals 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/ 0.378
=0.00

* 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.


Zhejiang Jiuli Hi-Tech Metals Co (SZSE:002318) 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.


Zhejiang Jiuli Hi-Tech Metals Co Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Zhejiang Jiuli Hi-Tech Metals Co's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Zhejiang Jiuli Hi-Tech Metals Co (SZSE:002318) Business Description

Traded in Other Exchanges
N/A
Address
Zhenxi, Shuanglin Town, Zhejiang Province, Huzhou, CHN, 313012
Zhejiang Jiuli Hi-Tech Metals Co Ltd is a manufacturer of stainless steel. It serves civil nuclear power, electric power, oil and gas exploration, refinery, chemical and fine chemical, coal chemical, offshore engineering and shipbuilding and others.
Executives
Wang Zhang Cheng Directors, executives
Li Zheng Zhou Director
Yang Pei Fen Directors, executives
Cai Li Ming Director
Xu A Min Directors, executives
Zhou Zhi Jiang Director
Zheng Jie Ying Directors, executives, representatives of securiti
Shen Xiao Gang Supervisors
Zhang Yu Xu Director
Su Cheng Executives
Cai Xing Qiang Director
Xu Wen Xin Supervisors
Zhang Jian Xin Director
Chen Pei Liang Directors, executives

Zhejiang Jiuli Hi-Tech Metals Co (SZSE:002318) Headlines

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