Double Medical Technology (SZSE:002901) Dividend Payout Ratio : 0.00 (As of Sep. 2024)

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What is Double Medical Technology 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. Double Medical Technology's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.00.

The historical rank and industry rank for Double Medical Technology's Dividend Payout Ratio or its related term are showing as below:

SZSE:002901' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.41 Med: 0.49 Max: 2.27
Current: 0.41

During the past 11 years, the highest Dividend Payout Ratio of Double Medical Technology was 2.27. The lowest was 0.41. And the median was 0.49.

SZSE:002901's Dividend Payout Ratio is ranked better than
50.86% of 291 companies
in the Medical Devices & Instruments industry
Industry Median: 0.41 vs SZSE:002901: 0.41

As of today (2025-03-30), the Dividend Yield % of Double Medical Technology is 0.75%.

During the past 11 years, the highest Trailing Annual Dividend Yield of Double Medical Technology was 2.94%. The lowest was 0.44%. And the median was 1.22%.

Double Medical Technology's Dividends per Share for the months ended in Sep. 2024 was ¥0.00.

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of Double Medical Technology was 26.00% per year. The lowest was 26.00% per year. And the median was 26.00% 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.

Double Medical Technology Dividend Payout Ratio Historical Data

The historical data trend for Double Medical Technology'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.

Double Medical Technology Dividend Payout Ratio Chart

Double Medical Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.47

0.44

0.52

2.27

Double Medical Technology 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															-	-	-	1.13	-

Competitive Comparison of Double Medical Technology's Dividend Payout Ratio

For the Medical Devices subindustry, Double Medical Technology'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.

Double Medical Technology's Dividend Payout Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Double Medical Technology's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Double Medical Technology's Dividend Payout Ratio falls into.

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Double Medical Technology Dividend Payout Ratio Calculation

Double Medical Technology'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	/	0.03
	=	0.00

Double Medical Technology'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	/	0.253
	=	0.00

Double Medical Technology (SZSE:002901) 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.

Double Medical Technology Dividend Payout Ratio Related Terms

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

Double Medical Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Double Medical Technology Inc (SZSE:002901) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18, Hongdong Road, Haicang District, Fujian Province, Shanbian, Xiamen, CHN, 361027

Website

http://www.double-medical.com

Double Medical Technology Inc provides services and devices in the areas of orthopedics, wound management, neurosurgery, and general surgery. It offers product related to Trauma, Spinal and joint. The business activities are carried out through China.

Executives

Chen Dan He	Executives
Han Shao Jian	Executives
Ruan Dong Yang	Executives
Luo Jiong	Directors, executives
Hua Xian Nan	Secretary Dong
Li Hui	Independent director
Zhan Huan Huan	Supervisors

Double Medical Technology Headlines

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