Guangdong Mingyang Electric Co (SZSE:301291) Dividend Payout Ratio : 1.00 (As of Sep. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Guangdong Mingyang Electric 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. Guangdong Mingyang Electric Co's Dividend Payout Ratio for the months ended in Sep. 2024 was 1.00.

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

SZSE:301291' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.05 Med: 0.05 Max: 0.31
Current: 0.31

During the past 6 years, the highest Dividend Payout Ratio of Guangdong Mingyang Electric Co was 0.31. The lowest was 0.05. And the median was 0.05.

SZSE:301291's Dividend Payout Ratio is ranked better than
58.02% of 1770 companies
in the Industrial Products industry
Industry Median: 0.36 vs SZSE:301291: 0.31

As of today (2024-12-11), the Dividend Yield % of Guangdong Mingyang Electric Co is 1.43%.

During the past 6 years, the highest Trailing Annual Dividend Yield of Guangdong Mingyang Electric Co was 2.11%. The lowest was 0.20%. And the median was 0.26%.

Guangdong Mingyang Electric Co's Dividends per Share for the months ended in Sep. 2024 was ¥0.64.

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.

Guangdong Mingyang Electric Co Dividend Payout Ratio Historical Data

The historical data trend for Guangdong Mingyang Electric 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.

Guangdong Mingyang Electric Co Dividend Payout Ratio Chart

Guangdong Mingyang Electric Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

Get a 7-Day Free Trial

0.05

Guangdong Mingyang Electric Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial											-	0.11	-	-	1.00

Competitive Comparison of Guangdong Mingyang Electric Co's Dividend Payout Ratio

For the Electrical Equipment & Parts subindustry, Guangdong Mingyang Electric 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.

Guangdong Mingyang Electric Co's Dividend Payout Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Guangdong Mingyang Electric Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Guangdong Mingyang Electric Co's Dividend Payout Ratio falls into.

Guangdong Mingyang Electric Co Dividend Payout Ratio Calculation

Guangdong Mingyang Electric 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 )
	=	0.08	/	1.79
	=	0.04

Guangdong Mingyang Electric 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 )
	=	0.64	/	0.643
	=	1.00

Guangdong Mingyang Electric Co (SZSE:301291) 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.

Guangdong Mingyang Electric Co Dividend Payout Ratio Related Terms

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

Guangdong Mingyang Electric Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Guangdong Mingyang Electric Co Ltd (SZSE:301291) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

N/A

Address

No. 1 Xingye West Road, Hengmen, Nanlang Town, Guangdong, Zhongshan, CHN, 528451

Website

http://www.mingyang.com.cn

Guangdong Mingyang Electric Co Ltd is engaged in research & development, production and sales of power transmission and distribution and control equipment in the fields of new energy and new infrastructure. The company mainly focuses on intelligent transformers, prefabricated transformers and intelligent switchgear. It is committed to becoming a leading provider of intelligent power distribution equipment.

Guangdong Mingyang Electric Co Headlines

No Headlines