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JL Mag Rare-Earth Co (SZSE:300748) Dividend Payout Ratio : 0.00 (As of Dec. 2023)


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What is JL Mag Rare-Earth Co Dividend Payout Ratio?

JL Mag Rare-Earth Co's dividend payout ratio for the months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for JL Mag Rare-Earth Co's Dividend Payout Ratio or its related term are showing as below:

SZSE:300748' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.31   Max: 0.7
Current: 0.6


During the past 11 years, the highest Dividend Payout Ratio of JL Mag Rare-Earth Co was 0.70. The lowest was 0.13. And the median was 0.31.

SZSE:300748's Dividend Payout Ratio is ranked worse than
78.24% of 1673 companies
in the Industrial Products industry
Industry Median: 0.32 vs SZSE:300748: 0.60

As of today (2024-04-25), the Dividend Yield % of JL Mag Rare-Earth Co is 1.76%.

During the past 11 years, the highest Trailing Annual Dividend Yield of JL Mag Rare-Earth Co was 1.84%. The lowest was 0.15%. And the median was 0.34%.

JL Mag Rare-Earth Co's Dividends per Share for the months ended in Dec. 2023 was ¥0.00.

During the past 12 months, JL Mag Rare-Earth Co's average Dividends Per Share Growth Rate was 66.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 82.20% per year.

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of JL Mag Rare-Earth Co was 82.20% per year. The lowest was 53.70% per year. And the median was 67.95% per year.

The growth rate is calculated with least square regression.

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


JL Mag Rare-Earth Co Dividend Payout Ratio Historical Data

The historical data trend for JL Mag Rare-Earth 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.

JL Mag Rare-Earth Co Dividend Payout Ratio Chart

JL Mag Rare-Earth Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.13 0.21 0.31 0.70

JL Mag Rare-Earth Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 2.17 -

Competitive Comparison of JL Mag Rare-Earth Co's Dividend Payout Ratio

For the Metal Fabrication subindustry, JL Mag Rare-Earth 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.


JL Mag Rare-Earth Co's Dividend Payout Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, JL Mag Rare-Earth Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where JL Mag Rare-Earth Co's Dividend Payout Ratio falls into.



JL Mag Rare-Earth Co Dividend Payout Ratio Calculation

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

JL Mag Rare-Earth 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 )
=0.26/ 0.37
=0.70

JL Mag Rare-Earth Co's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0/ 0.058
=0.00

* 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.


JL Mag Rare-Earth Co (SZSE:300748) 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.


JL Mag Rare-Earth Co Dividend Payout Ratio Related Terms

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


JL Mag Rare-Earth Co (SZSE:300748) Business Description

Traded in Other Exchanges
Address
81 West Jinling Road, Economic and Technological Development Zone, Jiangxi Province, Ganzhou, CHN, 341000
JL Mag Rare-Earth, or JL Mag, is a leading global producer of high-performance rare earth permanent magnets, or REPMs. JL Mag focuses on the production and sale of NdFeB PMs, the most widely used type of REPMs, mainly made from an alloy of neodymium (Nd), iron (Fe) and boron (B). The company is ranked first in the world by high-performance REPMs, according to Frost & Sullivan. JL Mag is also ranked first in the global grain boundary diffusion, or GBD, REPMs market. Its products have a wide array of applications, mainly in new energy vehicles, or NEVs, automotive parts, wind turbine generators, energy-saving variable-frequency air-conditioners, or VFACs.

JL Mag Rare-Earth Co (SZSE:300748) Headlines

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