Wells Advanced Materials (Shanghai) Co (SZSE:301555) Dividend Payout Ratio : 3.86 (As of Sep. 2024)

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What is Wells Advanced Materials (Shanghai) 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. Wells Advanced Materials (Shanghai) Co's Dividend Payout Ratio for the months ended in Sep. 2024 was 3.86.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Wells Advanced Materials (Shanghai) Co Ltd is 1.48, which seems too high.

The historical rank and industry rank for Wells Advanced Materials (Shanghai) Co's Dividend Payout Ratio or its related term are showing as below:

SZSE:301555' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 1.48
Current: 1.48

During the past 8 years, the highest Dividend Payout Ratio of Wells Advanced Materials (Shanghai) Co was 1.48. The lowest was 0.00. And the median was 0.00.

SZSE:301555's Dividend Payout Ratio is ranked worse than
93.52% of 942 companies
in the Chemicals industry
Industry Median: 0.365 vs SZSE:301555: 1.48

As of today (2024-12-12), the Dividend Yield % of Wells Advanced Materials (Shanghai) Co is 0.73%.

During the past 8 years, the highest Trailing Annual Dividend Yield of Wells Advanced Materials (Shanghai) Co was 0.85%. The lowest was 0.73%. And the median was 0.80%.

Wells Advanced Materials (Shanghai) Co's Dividends per Share for the months ended in Sep. 2024 was ¥0.22.

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.

Wells Advanced Materials (Shanghai) Co Dividend Payout Ratio Historical Data

The historical data trend for Wells Advanced Materials (Shanghai) 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.

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Wells Advanced Materials (Shanghai) Co Dividend Payout Ratio Chart

Wells Advanced Materials (Shanghai) Co Annual Data

Trend

Dec13

Dec14

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Dec20

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Dec22

Dec23

Dividend Payout Ratio

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Wells Advanced Materials (Shanghai) Co Quarterly Data
	Jun14	Dec14	Jun15	Dec18	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	-	-	3.86

Competitive Comparison of Wells Advanced Materials (Shanghai) Co's Dividend Payout Ratio

For the Specialty Chemicals subindustry, Wells Advanced Materials (Shanghai) 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.

Wells Advanced Materials (Shanghai) Co's Dividend Payout Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Wells Advanced Materials (Shanghai) Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Wells Advanced Materials (Shanghai) Co's Dividend Payout Ratio falls into.

Wells Advanced Materials (Shanghai) Co Dividend Payout Ratio Calculation

Wells Advanced Materials (Shanghai) 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	/	0.77
	=	0.00

Wells Advanced Materials (Shanghai) 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 )
	=	0.22	/	0.057
	=	3.86

Wells Advanced Materials (Shanghai) Co (SZSE:301555) 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.

Wells Advanced Materials (Shanghai) Co Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Wells Advanced Materials (Shanghai) Co's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Wells Advanced Materials (Shanghai) Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Wells Advanced Materials (Shanghai) Co Ltd (SZSE:301555) » Definitions » Dividend Payout Ratio

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Traded in Other Exchanges

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Address

No. 558 Boyuan Road, Building 2, Jiangqiao, Jiading, Shanghai, CHN, 201812

Website

https://www.wellsepoxy.com

Wells Advanced Materials (Shanghai) Co Ltd is engaged in research & development, production and sales of special formula-modified epoxy resin series products.

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