Zhejiang Meida Industrial Co (SZSE:002677) Dividend Payout Ratio : 0.00 (As of Sep. 2024)

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What is Zhejiang Meida Industrial 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. Zhejiang Meida Industrial Co's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Zhejiang Meida Industrial Co Ltd is 2.59, which seems too high.

The historical rank and industry rank for Zhejiang Meida Industrial Co's Dividend Payout Ratio or its related term are showing as below:

SZSE:002677' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.61 Med: 0.75 Max: 2.59
Current: 2.59

During the past 13 years, the highest Dividend Payout Ratio of Zhejiang Meida Industrial Co was 2.59. The lowest was 0.61. And the median was 0.75.

SZSE:002677's Dividend Payout Ratio is ranked worse than
95.98% of 224 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.44 vs SZSE:002677: 2.59

As of today (2025-04-23), the Dividend Yield % of Zhejiang Meida Industrial Co is 10.53%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Zhejiang Meida Industrial Co was 11.89%. The lowest was 0.65%. And the median was 3.49%.

Zhejiang Meida Industrial Co's Dividends per Share for the months ended in Sep. 2024 was ¥0.00.

During the past 12 months, Zhejiang Meida Industrial Co's average Dividends Per Share Growth Rate was 21.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 23.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Zhejiang Meida Industrial Co was 47.40% per year. The lowest was 4.60% per year. And the median was 21.75% 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.

Zhejiang Meida Industrial Co Dividend Payout Ratio Historical Data

The historical data trend for Zhejiang Meida Industrial 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 Meida Industrial Co Dividend Payout Ratio Chart

Zhejiang Meida Industrial Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.66

0.65

0.61

1.02

0.93

Zhejiang Meida Industrial Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	-	22.06	-

Competitive Comparison of Zhejiang Meida Industrial Co's Dividend Payout Ratio

For the Furnishings, Fixtures & Appliances subindustry, Zhejiang Meida Industrial 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 Meida Industrial Co's Dividend Payout Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Zhejiang Meida Industrial Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Zhejiang Meida Industrial Co's Dividend Payout Ratio falls into.

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Zhejiang Meida Industrial Co Dividend Payout Ratio Calculation

Zhejiang Meida Industrial 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 )
	=	0.62	/	0.67
	=	0.93

Zhejiang Meida Industrial Co's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	0	/	0.02
	=	0.00

Zhejiang Meida Industrial Co (SZSE:002677) 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.

Zhejiang Meida Industrial Co Dividend Payout Ratio Related Terms

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

Zhejiang Meida Industrial Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Zhejiang Meida Industrial Co Ltd (SZSE:002677) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

N/A

Address

60k East and West Road, Haining, Zhejiang, CHN, 314416

Website

http://www.meida.com

Zhejiang Meida Industrial Co Ltd operates in the kitchen appliance industry. The company is engaged in the design, manufacturing, and distribution of integrated stoves. It offers a range of kitchen products, including hoods, stoves, cookers, sterilization products, storage cabinets, electrical ovens, and water purifiers.

Executives

Zhong Chuan Liang	Directors, executives
Xia Zhi Sheng	Directors, executives
Wang Pei Fei	Directors, executives
Zhang Jiang Ping	Director
Xu Jian Long	Directors, executives
Xu Hong	Securities Affairs Representative
Jiang Zhi Hong	Supervisors
Zhang Lv Lun	Independent director
Xia Ding	Executives, directors
Xia Lan	Executives, directors
Ma Ju Ping	Supervisors

Zhejiang Meida Industrial Co Headlines

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