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Jiangsu Changbao Steeltube Co (SZSE:002478) Dividend Payout Ratio : 0.00 (As of Mar. 2024)


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What is Jiangsu Changbao Steeltube Co Dividend Payout Ratio?

Jiangsu Changbao Steeltube Co's dividend payout ratio for the months ended in Mar. 2024 was 0.00.

The historical rank and industry rank for Jiangsu Changbao Steeltube Co's Dividend Payout Ratio or its related term are showing as below:

SZSE:002478' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.45   Max: 3.57
Current: 0.21


During the past 13 years, the highest Dividend Payout Ratio of Jiangsu Changbao Steeltube Co was 3.57. The lowest was 0.16. And the median was 0.45.

SZSE:002478's Dividend Payout Ratio is ranked better than
63.96% of 308 companies
in the Steel industry
Industry Median: 0.3 vs SZSE:002478: 0.21

As of today (2024-06-13), the Dividend Yield % of Jiangsu Changbao Steeltube Co is 5.28%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Jiangsu Changbao Steeltube Co was 11.16%. The lowest was 0.93%. And the median was 1.95%.

Jiangsu Changbao Steeltube Co's Dividends per Share for the months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Jiangsu Changbao Steeltube Co's average Dividends Per Share Growth Rate was 125.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 11.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Jiangsu Changbao Steeltube Co was 71.00% per year. The lowest was -36.20% per year. And the median was 8.90% per year.

The growth rate is calculated with least square regression.

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


Jiangsu Changbao Steeltube Co Dividend Payout Ratio Historical Data

The historical data trend for Jiangsu Changbao Steeltube 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.

Jiangsu Changbao Steeltube Co Dividend Payout Ratio Chart

Jiangsu Changbao Steeltube 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 0.20 1.63 2.50 0.16 0.23

Jiangsu Changbao Steeltube 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 - 0.66 - - -

Competitive Comparison of Jiangsu Changbao Steeltube Co's Dividend Payout Ratio

For the Steel subindustry, Jiangsu Changbao Steeltube 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.


Jiangsu Changbao Steeltube Co's Dividend Payout Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Jiangsu Changbao Steeltube Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Jiangsu Changbao Steeltube Co's Dividend Payout Ratio falls into.



Jiangsu Changbao Steeltube Co Dividend Payout Ratio Calculation

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

Jiangsu Changbao Steeltube 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 )
=0.18/ 0.78
=0.23

Jiangsu Changbao Steeltube 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/ 0.154
=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.


Jiangsu Changbao Steeltube Co (SZSE:002478) 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.


Jiangsu Changbao Steeltube Co Dividend Payout Ratio Related Terms

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


Jiangsu Changbao Steeltube Co (SZSE:002478) Business Description

Traded in Other Exchanges
N/A
Address
NO.21 Chang-qi ROAD, Changzhou, Jiangsu, CHN, 213018
Jiangsu Changbao Steeltube Co Ltd is a manufacturing service company specialized in the production of seamless tubes. The company offers OCTG products for the petroleum industry, including connection tubings and casings, coupling stocks, perforating gun carrier pipes, petroleum tool pipes, drill pipes, and slotted pipes; boiler tubes for power generation; steel tubes for auto industry comprising automobile precision tubes.
Executives
Zhu Hong Zhang Director
Han Qiao Lin Directors, executives
Ding Wei Supervisors
Zhu Hai Rong Supervisors
Gao Huai Zhen Supervisors
Zhang Lan Yong Directors, executives
Cao Jian Director
Yao Wei Min Executives
Zhang Ming Hua Supervisors
Zhou Xu Dong Independent director
An Ning Securities Affairs Representative
Yuan Li Ping Supervisors
Zhou Jia Hua Directors, executives
Chen Pu An Director

Jiangsu Changbao Steeltube Co (SZSE:002478) Headlines

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