WQTEF (Weiqiao Textile Co) Dividend Payout Ratio : 0.00 (As of Jun. 2023)

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What is Weiqiao Textile 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. Weiqiao Textile Co's Dividend Payout Ratio for the months ended in Jun. 2023 was 0.00.

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

During the past 13 years, the highest Dividend Payout Ratio of Weiqiao Textile Co was 0.99. The lowest was 0.10. And the median was 0.33.

WQTEF's Dividend Payout Ratio is not ranked ^*
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 0.4
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-09-21), the Dividend Yield % of Weiqiao Textile Co is 0.00%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Weiqiao Textile Co was 17.95%. The lowest was 1.39%. And the median was 5.83%.

Weiqiao Textile Co's Dividends per Share for the months ended in Jun. 2023 was $0.00.

During the past 12 months, Weiqiao Textile Co's average Dividends Per Share Growth Rate was -100.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -15.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -0.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Weiqiao Textile Co was 106.40% per year. The lowest was -38.60% per year. And the median was -5.30% 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.

Weiqiao Textile Co Dividend Payout Ratio Historical Data

The historical data trend for Weiqiao Textile 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.

Weiqiao Textile Co Dividend Payout Ratio Chart

Weiqiao Textile Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dividend Payout Ratio

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0.29

1.00

0.40

0.14

Weiqiao Textile Co Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.13	-	-	-	-

Competitive Comparison of Weiqiao Textile Co's Dividend Payout Ratio

For the Textile Manufacturing subindustry, Weiqiao Textile 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.

Weiqiao Textile Co's Dividend Payout Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Weiqiao Textile Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Weiqiao Textile Co's Dividend Payout Ratio falls into.

Weiqiao Textile Co Dividend Payout Ratio Calculation

Weiqiao Textile Co's Dividend Payout Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2022 )	/	EPS without NRI (A: Dec. 2022 )
	=	0	/	-0.191
	=	N/A

Weiqiao Textile Co's Dividend Payout Ratio for the quarter that ended in Jun. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jun. 2023 )	/	EPS without NRI (Q: Jun. 2023 )
	=	0	/	-0.059
	=	N/A

Weiqiao Textile Co (OTCPK:WQTEF) 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.

Weiqiao Textile Co Dividend Payout Ratio Related Terms

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

Weiqiao Textile Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Weiqiao Textile Co Ltd (OTCPK:WQTEF) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

N/A

Address

No. 1, Wei Fang Road, Zouping Economic Development Zone, Zouping City, Shandong Province, Binzhou, CHN, 256200

Website

http://www.wqfz.com

Weiqiao Textile Co Ltd produces, sells, and distributes textiles including cotton yarn, grey fabric, and denim. Its geographical segment includes Mainland China, Southeast Asia, Hong Kong, South Asia, East Asia, and Other regions. The majority of the company's revenue is generated from Mainland China. It operates in two segments. The textile products segment produces and sells cotton yarn, grey fabric, and denim. The electricity and steam segment generates electricity and steam for internal use in the production of textile products and also for sale to external customers.

Weiqiao Textile Co Headlines

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