Luoyang Xinqianglian Slewing Bearing Co (SZSE:300850) Dividend Payout Ratio : 0.00 (As of Dec. 2023)

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What is Luoyang Xinqianglian Slewing Bearing Co Dividend Payout Ratio?

Luoyang Xinqianglian Slewing Bearing Co's dividend payout ratio for the months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for Luoyang Xinqianglian Slewing Bearing Co's Dividend Payout Ratio or its related term are showing as below:

SZSE:300850' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.08 Med: 0.11 Max: 0.27
Current: 0.08

During the past 8 years, the highest Dividend Payout Ratio of Luoyang Xinqianglian Slewing Bearing Co was 0.27. The lowest was 0.08. And the median was 0.11.

SZSE:300850's Dividend Payout Ratio is ranked better than
93.12% of 1671 companies
in the Industrial Products industry
Industry Median: 0.32 vs SZSE:300850: 0.08

As of today (2024-04-25), the Dividend Yield % of Luoyang Xinqianglian Slewing Bearing Co is 0.46%.

During the past 8 years, the highest Trailing Annual Dividend Yield of Luoyang Xinqianglian Slewing Bearing Co was 0.74%. The lowest was 0.10%. And the median was 0.30%.

Luoyang Xinqianglian Slewing Bearing Co's Dividends per Share for the months ended in Dec. 2023 was ¥0.00.

During the past 12 months, Luoyang Xinqianglian Slewing Bearing Co's average Dividends Per Share Growth Rate was -63.90% per year.

The growth rate is calculated with least square regression.

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

Luoyang Xinqianglian Slewing Bearing Co Dividend Payout Ratio Historical Data

The historical data trend for Luoyang Xinqianglian Slewing Bearing 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.

Luoyang Xinqianglian Slewing Bearing Co Dividend Payout Ratio Chart

Luoyang Xinqianglian Slewing Bearing Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.09

0.27

0.11

Luoyang Xinqianglian Slewing Bearing 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															-	-	0.33	-	-

Competitive Comparison of Luoyang Xinqianglian Slewing Bearing Co's Dividend Payout Ratio

For the Metal Fabrication subindustry, Luoyang Xinqianglian Slewing Bearing 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.

Luoyang Xinqianglian Slewing Bearing Co's Dividend Payout Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Luoyang Xinqianglian Slewing Bearing Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Luoyang Xinqianglian Slewing Bearing Co's Dividend Payout Ratio falls into.

Luoyang Xinqianglian Slewing Bearing Co Dividend Payout Ratio Calculation

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

Luoyang Xinqianglian Slewing Bearing 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 )
	=	0.096	/	0.89
	=	0.11

Luoyang Xinqianglian Slewing Bearing 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	/	0.348
	=	0.00

Luoyang Xinqianglian Slewing Bearing Co (SZSE:300850) 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.

Luoyang Xinqianglian Slewing Bearing Co Dividend Payout Ratio Related Terms

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Luoyang Xinqianglian Slewing Bearing Co (SZSE:300850) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Luoyang Xinqianglian Slewing Bearing Co Ltd (SZSE:300850) » Definitions » Dividend Payout Ratio

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Traded in Other Exchanges

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Address

Jiuzhou Road, Luoxin Industrial Park, Henan Province, Luoyang, CHN, 471800

Website

http://www.lyxqlbearing.com.cn

Luoyang Xinqianglian Slewing Bearing Co Ltd is engaged in production and sales of large slewing bearings and industrial forgings. The company designs and manufactures slewing bearings; precision bearings; shield machine parts; mid-to-high frequency quenching, bearing roller processing; sales of forgings, castings, and flanges.

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