Luthai Textile Co (SZSE:200726) Dividend Payout Ratio : 0.00 (As of Mar. 2024)

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What is Luthai Textile Co Dividend Payout Ratio?

Luthai Textile Co's dividend payout ratio for the months ended in Mar. 2024 was 0.00.

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

SZSE:200726' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.09 Med: 0.55 Max: 5
Current: 0.17

During the past 13 years, the highest Dividend Payout Ratio of Luthai Textile Co was 5.00. The lowest was 0.09. And the median was 0.55.

SZSE:200726's Dividend Payout Ratio is ranked better than
78.64% of 426 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.37 vs SZSE:200726: 0.17

As of today (2024-05-27), the Dividend Yield % of Luthai Textile Co is 2.67%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Luthai Textile Co was 6.59%. The lowest was 0.68%. And the median was 3.52%.

Luthai Textile Co's Dividends per Share for the months ended in Mar. 2024 was HK$0.00.

During the past 12 months, Luthai Textile Co's average Dividends Per Share Growth Rate was 42.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -34.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -18.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Luthai Textile Co was 175.40% per year. The lowest was -53.60% per year. And the median was 9.60% per year.

The growth rate is calculated with least square regression.

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

Luthai Textile Co Dividend Payout Ratio Historical Data

The historical data trend for Luthai Textile 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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Luthai Textile Co Dividend Payout Ratio Chart

Luthai Textile Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.67

4.88

0.24

0.09

0.25

Luthai Textile 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															-	0.49	-	-	-

Competitive Comparison of Luthai Textile Co's Dividend Payout Ratio

For the Textile Manufacturing subindustry, Luthai Textile 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.

Luthai Textile Co's Dividend Payout Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Luthai Textile Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Luthai Textile Co's Dividend Payout Ratio falls into.

Luthai Textile Co Dividend Payout Ratio Calculation

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

Luthai Textile 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 )
	=	0.114	/	0.448
	=	0.25

Luthai Textile 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	/	0.184
	=	0.00

Luthai Textile Co (SZSE:200726) 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.

Luthai Textile Co Dividend Payout Ratio Related Terms

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

Luthai Textile Co (SZSE:200726) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Luthai Textile Co Ltd (SZSE:200726) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

000726:China

Address

Number 11, Mingbo Road, High-tech Industry Development Zone, Shandong, Zibo, CHN, 255086

Website

http://www.lttc.com.cn

Luthai Textile Co Ltd is a China-based company. Its business includes the production, processing and sales business of cotton yarn, yarn dyed fabrics, shirts, fashion accessories, health underwear and other textile products and their mating products; design, Research and development, technology services of the textile and garment products. It has four segments which are Textile and apparel, Cotton, Electricity and steam, and Other. Most of the revenue generated from the Textile and apparel segment.

Executives

Pan Ping Li	Executives
Liu Zi Long	Supervisors
Qin Gui Ling	Secretary, Director
Zhang Hong Mei	Executives
Lv Yong Chen	Executives
Wang Fang Shui	Directors, executives
Zheng Wei Yin	Securities Affairs Representative
Zhu Ling Wen	Supervisors
Liu Shi Zhen	Director
Zhang Ke Ming	Executives
Bai Nian Yue	Executives
Zhang Shou Gang	Executives
Zhang Jian Xiang	Executives
Yu Yong Bin	Executives
Li Tong Min	Supervisors

Luthai Textile Co (SZSE:200726) Headlines

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