Shandong Hongyu Precision Machinery Co (SZSE:002890) Dividend Payout Ratio : 0.00 (As of Mar. 2024)

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What is Shandong Hongyu Precision Machinery Co Dividend Payout Ratio?

Shandong Hongyu Precision Machinery Co's dividend payout ratio for the months ended in Mar. 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 Shandong Hongyu Precision Machinery Co Ltd is 1.06, which seems too high.

The historical rank and industry rank for Shandong Hongyu Precision Machinery Co's Dividend Payout Ratio or its related term are showing as below:

SZSE:002890' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.45 Med: 0.61 Max: 1.13
Current: 1.06

During the past 12 years, the highest Dividend Payout Ratio of Shandong Hongyu Precision Machinery Co was 1.13. The lowest was 0.45. And the median was 0.61.

SZSE:002890's Dividend Payout Ratio is ranked worse than
95.76% of 118 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.25 vs SZSE:002890: 1.06

As of today (2024-06-22), the Dividend Yield % of Shandong Hongyu Precision Machinery Co is 1.33%.

During the past 12 years, the highest Trailing Annual Dividend Yield of Shandong Hongyu Precision Machinery Co was 1.44%. The lowest was 0.21%. And the median was 0.60%.

Shandong Hongyu Precision Machinery Co's Dividends per Share for the months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Shandong Hongyu Precision Machinery Co's average Dividends Per Share Growth Rate was 97.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 11.10% per year.

During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of Shandong Hongyu Precision Machinery Co was 31.80% per year. The lowest was 11.10% per year. And the median was 21.45% per year.

The growth rate is calculated with least square regression.

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

Shandong Hongyu Precision Machinery Co Dividend Payout Ratio Historical Data

The historical data trend for Shandong Hongyu Precision Machinery 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.

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Shandong Hongyu Precision Machinery Co Dividend Payout Ratio Chart

Shandong Hongyu Precision Machinery Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.71

0.45

0.52

1.13

Shandong Hongyu Precision Machinery 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															-	3.50	-	-	-

Competitive Comparison of Shandong Hongyu Precision Machinery Co's Dividend Payout Ratio

For the Farm & Heavy Construction Machinery subindustry, Shandong Hongyu Precision Machinery 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.

Shandong Hongyu Precision Machinery Co's Dividend Payout Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Shandong Hongyu Precision Machinery Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Shandong Hongyu Precision Machinery Co's Dividend Payout Ratio falls into.

Shandong Hongyu Precision Machinery Co Dividend Payout Ratio Calculation

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

Shandong Hongyu Precision Machinery 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 )
	=	0.14	/	0.124
	=	1.13

Shandong Hongyu Precision Machinery 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	/	0.035
	=	0.00

Shandong Hongyu Precision Machinery Co (SZSE:002890) 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.

Shandong Hongyu Precision Machinery Co Dividend Payout Ratio Related Terms

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

Shandong Hongyu Precision Machinery Co (SZSE:002890) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Shandong Hongyu Precision Machinery Co Ltd (SZSE:002890) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

N/A

Address

3 Hongyu Road, Hutou Ya Economic and Technological Industrial Park, Shandong Province, Laizhou, CHN, 261400

Website

http://www.sdhynj.net

Shandong Hongyu Precision Machinery Co Ltd is engaged in research & development, production and sales of tractor hydraulic lifts.

Executives

Ji Jun Sheng	Supervisors
Li Chun Yu	Executives
Liu Zhi Hong	Directors, Directors, and Executives
Zhang Li Jie	Executives
Liu Hai Xian	Supervisors
Lv Gui Lin	Executives
Zhang Zhi Guo	Independent director

Shandong Hongyu Precision Machinery Co (SZSE:002890) Headlines

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