Zhejiang Tiantai Xianghe Industrial Co (SHSE:603500) Dividend Payout Ratio : 0.00 (As of Mar. 2024)

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What is Zhejiang Tiantai Xianghe Industrial Co Dividend Payout Ratio?

Zhejiang Tiantai Xianghe Industrial Co's dividend payout ratio for the months ended in Mar. 2024 was 0.00.

The historical rank and industry rank for Zhejiang Tiantai Xianghe Industrial Co's Dividend Payout Ratio or its related term are showing as below:

SHSE:603500' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.35 Med: 0.5 Max: 0.97
Current: 0.42

During the past 11 years, the highest Dividend Payout Ratio of Zhejiang Tiantai Xianghe Industrial Co was 0.97. The lowest was 0.35. And the median was 0.50.

SHSE:603500's Dividend Payout Ratio is ranked worse than
52.17% of 529 companies
in the Transportation industry
Industry Median: 0.4 vs SHSE:603500: 0.42

As of today (2024-05-30), the Dividend Yield % of Zhejiang Tiantai Xianghe Industrial Co is 1.80%.

During the past 11 years, the highest Trailing Annual Dividend Yield of Zhejiang Tiantai Xianghe Industrial Co was 2.84%. The lowest was 0.83%. And the median was 1.33%.

Zhejiang Tiantai Xianghe Industrial Co's Dividends per Share for the months ended in Mar. 2024 was ¥0.00.

During the past 3 years, the average Dividends Per Share Growth Rate was -15.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.50% per year.

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of Zhejiang Tiantai Xianghe Industrial Co was 11.80% per year. The lowest was -15.30% per year. And the median was -3.00% per year.

The growth rate is calculated with least square regression.

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

Zhejiang Tiantai Xianghe Industrial Co Dividend Payout Ratio Historical Data

The historical data trend for Zhejiang Tiantai Xianghe Industrial 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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Zhejiang Tiantai Xianghe Industrial Co Dividend Payout Ratio Chart

Zhejiang Tiantai Xianghe Industrial Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.47

0.97

0.57

0.52

0.48

Zhejiang Tiantai Xianghe Industrial Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	1.29	-	-

Competitive Comparison of Zhejiang Tiantai Xianghe Industrial Co's Dividend Payout Ratio

For the Railroads subindustry, Zhejiang Tiantai Xianghe Industrial 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.

Zhejiang Tiantai Xianghe Industrial Co's Dividend Payout Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Zhejiang Tiantai Xianghe Industrial Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Zhejiang Tiantai Xianghe Industrial Co's Dividend Payout Ratio falls into.

Zhejiang Tiantai Xianghe Industrial Co Dividend Payout Ratio Calculation

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

Zhejiang Tiantai Xianghe Industrial 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 )
	=	0.093	/	0.193
	=	0.48

Zhejiang Tiantai Xianghe Industrial Co's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	0	/	0.06
	=	0.00

Zhejiang Tiantai Xianghe Industrial Co (SHSE:603500) 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.

Zhejiang Tiantai Xianghe Industrial Co Dividend Payout Ratio Related Terms

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

Zhejiang Tiantai Xianghe Industrial Co (SHSE:603500) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Zhejiang Tiantai Xianghe Industrial Co Ltd (SHSE:603500) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 799, Renmin East Road, Chicheng Street, Zhejiang Province, Tiantai County, Taizhou, CHN

Website

http://www.ttxh.com.cn

Zhejiang Tiantai Xianghe Industrial Co Ltd is engaged in the research, development, commissioning, verification and industrialization of the national high-speed rail fastener project group. The company's main products include fastener products such as nylon parts, rubber parts, elastic pads and plastic parts; electronic products such as rubber stoppers and bases.

Executives

Tang Xiao	Directors, senior managers
Tang Jiao	Directors, senior managers
Tang You Qian	Director
Tang Wen Ming	Directors, senior managers
Zheng Yuan Fei	senior management
Wang Hong Hai	senior management
Qi Wei	senior management

Zhejiang Tiantai Xianghe Industrial Co (SHSE:603500) Headlines

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