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Shengtak New Material Co (SZSE:300881) Dividend Payout Ratio : 0.00 (As of Sep. 2024)


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What is Shengtak New Material 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. Shengtak New Material Co's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.00.

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

SZSE:300881' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.3   Max: 0.33
Current: 0.23


During the past 13 years, the highest Dividend Payout Ratio of Shengtak New Material Co was 0.33. The lowest was 0.15. And the median was 0.30.

SZSE:300881's Dividend Payout Ratio is ranked better than
64.14% of 290 companies
in the Steel industry
Industry Median: 0.31 vs SZSE:300881: 0.23

As of today (2024-12-11), the Dividend Yield % of Shengtak New Material Co is 1.66%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Shengtak New Material Co was 2.48%. The lowest was 0.26%. And the median was 0.53%.

Shengtak New Material Co's Dividends per Share for the months ended in Sep. 2024 was ¥0.00.

During the past 12 months, Shengtak New Material Co's average Dividends Per Share Growth Rate was 53.60% 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.


Shengtak New Material Co Dividend Payout Ratio Historical Data

The historical data trend for Shengtak New Material 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.

Shengtak New Material Co Dividend Payout Ratio Chart

Shengtak New Material Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.30 0.15 0.33

Shengtak New Material 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 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 - - - 0.87 -

Competitive Comparison of Shengtak New Material Co's Dividend Payout Ratio

For the Steel subindustry, Shengtak New Material 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.


Shengtak New Material Co's Dividend Payout Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Shengtak New Material Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Shengtak New Material Co's Dividend Payout Ratio falls into.



Shengtak New Material Co Dividend Payout Ratio Calculation

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.

Shengtak New Material 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 )
=0.36/ 1.08
=0.33

Shengtak New Material 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/ 0.704
=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.


Shengtak New Material Co (SZSE:300881) 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.


Shengtak New Material Co Dividend Payout Ratio Related Terms

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


Shengtak New Material Co Business Description

Traded in Other Exchanges
N/A
Address
west of the industrial park district towns, Jiangsu Province, Changzhou, CHN, 213144
Shengtak New Material Co Ltd is a manufacturer of high-end seamless tubes of carbon steel, alloy steel & stainless steel. The company manufactures rifled seamless alloy steel tubes and seamless stainless steel tubes for high-pressure boilers, petroleum cracking & fertilizer equipment, and automotive industries in China.

Shengtak New Material Co Headlines

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