Tianqi Lithium Industries (SZSE:002466) Dividend Payout Ratio : 0.00 (As of Dec. 2023)

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What is Tianqi Lithium Industries Dividend Payout Ratio?

Tianqi Lithium Industries's dividend payout ratio for the months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for Tianqi Lithium Industries's Dividend Payout Ratio or its related term are showing as below:

SZSE:002466' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.05 Med: 0.1 Max: 0.69
Current: 0.63

During the past 13 years, the highest Dividend Payout Ratio of Tianqi Lithium Industries was 0.69. The lowest was 0.05. And the median was 0.10.

SZSE:002466's Dividend Payout Ratio is ranked worse than
72.48% of 912 companies
in the Chemicals industry
Industry Median: 0.39 vs SZSE:002466: 0.63

As of today (2024-04-30), the Dividend Yield % of Tianqi Lithium Industries is 7.35%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Tianqi Lithium Industries was 7.72%. The lowest was 0.14%. And the median was 0.33%.

Tianqi Lithium Industries's Dividends per Share for the months ended in Dec. 2023 was ¥0.00.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tianqi Lithium Industries was 43.40% per year. The lowest was 36.80% per year. And the median was 40.10% per year.

The growth rate is calculated with least square regression.

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

Tianqi Lithium Industries Dividend Payout Ratio Historical Data

The historical data trend for Tianqi Lithium Industries'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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Tianqi Lithium Industries Dividend Payout Ratio Chart

Tianqi Lithium Industries Annual Data

Trend

Dec14

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Dec17

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Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.69

Tianqi Lithium Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	3.14	-	-

Competitive Comparison of Tianqi Lithium Industries's Dividend Payout Ratio

For the Specialty Chemicals subindustry, Tianqi Lithium Industries'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.

Tianqi Lithium Industries's Dividend Payout Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tianqi Lithium Industries's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Tianqi Lithium Industries's Dividend Payout Ratio falls into.

Tianqi Lithium Industries Dividend Payout Ratio Calculation

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

Tianqi Lithium Industries'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 )
	=	3	/	4.37
	=	0.69

Tianqi Lithium Industries's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0	/	-0.208
	=	N/A

Tianqi Lithium Industries (SZSE:002466) 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.

Tianqi Lithium Industries Dividend Payout Ratio Related Terms

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

Tianqi Lithium Industries (SZSE:002466) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Tianqi Lithium Industries Inc (SZSE:002466) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

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Address

No.10 East Gaopeng Road, Hi-Tech Development Zone, Sichuan Province, Chengdu, CHN, 629200

Website

http://www.tianqilithium.com

Tianqi Lithium is a leading new energy materials company headquartered in China. The company is the largest producer of mined lithium globally in terms of output and is ranked third in terms of revenue generated from lithium, according to Wood Mackenzie. It is also the world's fourth largest and Asia's second largest lithium compound producer, as measured by production output, according to the same source. Tianqi is the only lithium producer in China that has achieved 100% self-sufficiency and has fully vertically integrated lithium mines. It operates in critical stages of the lithium value chain, including: 1) mining of lithium ore and manufacturing of lithium concentrate; and 2) manufacturing of lithium compounds and derivatives.

Tianqi Lithium Industries (SZSE:002466) Headlines

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