Qingdao Hanhe Cable Co (SZSE:002498) Dividend Payout Ratio : 0.00 (As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Qingdao Hanhe Cable Co Dividend Payout Ratio?

Qingdao Hanhe Cable Co's dividend payout ratio for the months ended in Mar. 2024 was 0.00.

The historical rank and industry rank for Qingdao Hanhe Cable Co's Dividend Payout Ratio or its related term are showing as below:

SZSE:002498' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.14 Med: 0.35 Max: 1.29
Current: 0.14

During the past 13 years, the highest Dividend Payout Ratio of Qingdao Hanhe Cable Co was 1.29. The lowest was 0.14. And the median was 0.35.

SZSE:002498's Dividend Payout Ratio is ranked better than
83.05% of 1670 companies
in the Industrial Products industry
Industry Median: 0.33 vs SZSE:002498: 0.14

As of today (2024-05-01), the Dividend Yield % of Qingdao Hanhe Cable Co is 0.96%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Qingdao Hanhe Cable Co was 3.60%. The lowest was 0.32%. And the median was 1.00%.

Qingdao Hanhe Cable Co's Dividends per Share for the months ended in Mar. 2024 was ¥0.00.

During the past 10 years, the average Dividends Per Share Growth Rate was -3.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Qingdao Hanhe Cable Co was 59.20% per year. The lowest was -34.70% per year. And the median was 1.95% per year.

The growth rate is calculated with least square regression.

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

Qingdao Hanhe Cable Co Dividend Payout Ratio Historical Data

The historical data trend for Qingdao Hanhe Cable 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.

Qingdao Hanhe Cable Co Dividend Payout Ratio Chart

Qingdao Hanhe Cable Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

Get a 7-Day Free Trial

0.30

0.21

0.16

0.17

Qingdao Hanhe Cable 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															-	0.51	-	-	-

Competitive Comparison of Qingdao Hanhe Cable Co's Dividend Payout Ratio

For the Electrical Equipment & Parts subindustry, Qingdao Hanhe Cable 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.

Qingdao Hanhe Cable Co's Dividend Payout Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Qingdao Hanhe Cable Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Qingdao Hanhe Cable Co's Dividend Payout Ratio falls into.

Qingdao Hanhe Cable Co Dividend Payout Ratio Calculation

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

Qingdao Hanhe Cable 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 )
	=	0.036	/	0.214
	=	0.17

Qingdao Hanhe Cable 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	/	0.052
	=	0.00

Qingdao Hanhe Cable Co (SZSE:002498) 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.

Qingdao Hanhe Cable Co Dividend Payout Ratio Related Terms

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

Qingdao Hanhe Cable Co (SZSE:002498) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Qingdao Hanhe Cable Co Ltd (SZSE:002498) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

N/A

Address

No.6 Lishan(E) Industrial Park, Qingdao, Shandong, CHN, 266102

Website

http://www.hanhe-cable.com

Qingdao Hanhe Cable Co Ltd is engaged in the research, development, and manufacture of wires and cables in China. The company offers power cables, cable accessories, submarine cables, optical power composite cables, electrical equipment wires and cables, overhead conductors, communication cables, radio-frequency cables, bus bar and prefabricated branch cables, nuclear plant cables, fire-resistant cables, and DC series cables.

Qingdao Hanhe Cable Co (SZSE:002498) Headlines

No Headlines