Shandong Tongda Island New Materials Co (SZSE:300321) Dividend Payout Ratio : 0.00 (As of Sep. 2024)

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What is Shandong Tongda Island New Materials 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. Shandong Tongda Island New Materials Co's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.00.

The historical rank and industry rank for Shandong Tongda Island New Materials Co's Dividend Payout Ratio or its related term are showing as below:

During the past 13 years, the highest Dividend Payout Ratio of Shandong Tongda Island New Materials Co was 5.56. The lowest was 0.16. And the median was 0.37.

SZSE:300321's Dividend Payout Ratio is not ranked ^*
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 0.38
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-12-14), the Dividend Yield % of Shandong Tongda Island New Materials Co is 0.00%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Shandong Tongda Island New Materials Co was 2.52%. The lowest was 0.00%. And the median was 0.41%.

Shandong Tongda Island New Materials Co's Dividends per Share for the months ended in Sep. 2024 was ¥0.00.

During the past 12 months, Shandong Tongda Island New Materials Co's average Dividends Per Share Growth Rate was -100.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -55.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -14.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -1.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Shandong Tongda Island New Materials Co was 58.70% per year. The lowest was -55.60% per year. And the median was -6.20% 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.

Shandong Tongda Island New Materials Co Dividend Payout Ratio Historical Data

The historical data trend for Shandong Tongda Island New Materials 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.

Shandong Tongda Island New Materials Co Dividend Payout Ratio Chart

Shandong Tongda Island New Materials Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.16

2.17

5.56

0.37

Shandong Tongda Island New Materials 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															-	-	-	-	-

Competitive Comparison of Shandong Tongda Island New Materials Co's Dividend Payout Ratio

For the Footwear & Accessories subindustry, Shandong Tongda Island New Materials 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 Tongda Island New Materials Co's Dividend Payout Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shandong Tongda Island New Materials Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Shandong Tongda Island New Materials Co's Dividend Payout Ratio falls into.

Shandong Tongda Island New Materials Co Dividend Payout Ratio Calculation

Shandong Tongda Island New Materials 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 )
	=	0.035	/	-0.287
	=	N/A

Shandong Tongda Island New Materials 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	/	0.021
	=	0.00

Shandong Tongda Island New Materials Co (SZSE:300321) 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.

Shandong Tongda Island New Materials Co Dividend Payout Ratio Related Terms

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Shandong Tongda Island New Materials Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Shandong Tongda Island New Materials Co Ltd (SZSE:300321) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 522, Tongtong Street, Shandong Province, Changyi City, CHN, 261300

Website

http://www.tongdahdcx.com

Shandong Tongda Island New Materials Co Ltd is engaged in production and sales of microfiber base fabric, microfiber smooth leather, microfiber suede leather, apparel fabrics and accessories. The products of the company can be used for footwear, furniture accessories, sporting goods, and automobiles.

Executives

Xu Xu Ri	Directors, executives
Xu Yan Feng	Director
Li Yan Xia	Directors, executives
Zhang Sha	Secretary, Director
Wei Zeng Bao	Director
Zhang Tong	Executives
Kou Xiang Dong	Director
Wang Le Zhi	Directors, executives
Zheng Yong Gui	Directors, executives
Jiang Hao Xiong	Director

Shandong Tongda Island New Materials Co Headlines

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