What is Songz Automobile Air Conditioning 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. Songz Automobile Air Conditioning Co's Dividend Payout Ratio for the
months ended in Sep. 2024 was 0.00.
The historical rank and industry rank for Songz Automobile Air Conditioning Co's Dividend Payout Ratio or its related term are showing as below:
SZSE:002454'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.12 Med: 0.42 Max: 1.5
Current: 0.22
During the past 13 years, the highest Dividend Payout Ratio of Songz Automobile Air Conditioning Co was 1.50. The lowest was 0.12. And the median was 0.42.
SZSE:002454's Dividend Payout Ratio is ranked better than 67.15% of 761
companies
in the Vehicles & Parts industry
Industry Median: 0.32
vs SZSE:002454: 0.22
During the past 13 years, the highest Trailing Annual Dividend Yield of Songz Automobile Air Conditioning Co was 2.64%. The lowest was 0.34%. And the median was 1.04%.
During the past 12 months, Songz Automobile Air Conditioning Co's average Dividends Per Share Growth Rate was 100.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -20.60% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was -13.20% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Songz Automobile Air Conditioning Co was 9.10% per year. The lowest was -30.50% per year. And the median was -7.90% 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.
Songz Automobile Air Conditioning Co Dividend Payout Ratio Historical Data
* 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.
Songz Automobile Air Conditioning Co Dividend Payout Ratio Chart
Competitive Comparison of Songz Automobile Air Conditioning Co's Dividend Payout Ratio
For the Auto Parts subindustry, Songz Automobile Air Conditioning 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.
Songz Automobile Air Conditioning Co's Dividend Payout Ratio Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Songz Automobile Air Conditioning Co's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Songz Automobile Air Conditioning Co's Dividend Payout Ratio falls into.
Songz Automobile Air Conditioning 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.
* 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.
Songz Automobile Air Conditioning Co (SZSE:002454) 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.
Songz Automobile Air Conditioning Co Dividend Payout Ratio Related Terms
Thank you for viewing the detailed overview of Songz Automobile Air Conditioning Co's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Songz Automobile Air Conditioning Co Business Description
Songz Automobile Air Conditioning Co Ltd foreign-funded enterprise. It is engaged in research and development, manufacturing and marketing of the air-conditioners used in commercial and passenger vehicles. Songz is a professional vehicle air-conditioner manufacturer and is also the domestic manufacturer of large and medium-sized passenger vehicle air-conditioners. Its products are widely used in various types of large and medium-sized passenger vehicles, passenger cars, trucks, light-duty buses and rail vehicles, filling in the domestic blank of the double-decker bus air conditioner production.
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