Inner Mongolia Yitai Coal Co (SHSE:900948) Dividend Payout Ratio : 3.23 (As of Mar. 2024)

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What is Inner Mongolia Yitai Coal Co Dividend Payout Ratio?

Inner Mongolia Yitai Coal Co's dividend payout ratio for the months ended in Mar. 2024 was 3.23.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Inner Mongolia Yitai Coal Co Ltd is 0.96, which seems too high.

The historical rank and industry rank for Inner Mongolia Yitai Coal Co's Dividend Payout Ratio or its related term are showing as below:

SHSE:900948' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.01 Med: 0.4 Max: 6.4
Current: 0.96

During the past 13 years, the highest Dividend Payout Ratio of Inner Mongolia Yitai Coal Co was 6.40. The lowest was 0.01. And the median was 0.40.

SHSE:900948's Dividend Payout Ratio is ranked worse than
71.62% of 74 companies
in the Other Energy Sources industry
Industry Median: 0.62 vs SHSE:900948: 0.96

As of today (2024-06-06), the Dividend Yield % of Inner Mongolia Yitai Coal Co is 15.47%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Inner Mongolia Yitai Coal Co was 17.88%. The lowest was 0.09%. And the median was 6.49%.

Inner Mongolia Yitai Coal Co's Dividends per Share for the months ended in Mar. 2024 was $0.28.

During the past 12 months, Inner Mongolia Yitai Coal Co's average Dividends Per Share Growth Rate was 107.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Inner Mongolia Yitai Coal Co was 314.10% per year. The lowest was -78.70% per year. And the median was 43.70% per year.

The growth rate is calculated with least square regression.

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

Inner Mongolia Yitai Coal Co Dividend Payout Ratio Historical Data

The historical data trend for Inner Mongolia Yitai Coal 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.

Inner Mongolia Yitai Coal Co Dividend Payout Ratio Chart

Inner Mongolia Yitai Coal Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.43

0.09

0.28

Inner Mongolia Yitai Coal 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															-	-	-	-	3.23

Competitive Comparison of Inner Mongolia Yitai Coal Co's Dividend Payout Ratio

For the Thermal Coal subindustry, Inner Mongolia Yitai Coal 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.

Inner Mongolia Yitai Coal Co's Dividend Payout Ratio Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Inner Mongolia Yitai Coal Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Inner Mongolia Yitai Coal Co's Dividend Payout Ratio falls into.

Inner Mongolia Yitai Coal Co Dividend Payout Ratio Calculation

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

Inner Mongolia Yitai Coal 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	/	0.347
	=	0.00

Inner Mongolia Yitai Coal 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 )
	=	0.278	/	0.086
	=	3.23

Inner Mongolia Yitai Coal Co (SHSE:900948) 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.

Inner Mongolia Yitai Coal Co Dividend Payout Ratio Related Terms

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

Inner Mongolia Yitai Coal Co (SHSE:900948) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Inner Mongolia Yitai Coal Co Ltd (SHSE:900948) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

N/A

Address

North Tianjiao Road, Yitai Building, Inner Mongolia, Dongsheng District, Ordos, CHN, 017000

Website

http://www.yitaicoal.com

Inner Mongolia Yitai Coal Co Ltd is primarily engaged in coal mining, processing, and distribution, as well as the distribution of petroleum products. The company also provides railway transportation services and road transportation services, as well as a coal-related chemical business, hotel management and pharmaceutical manufacturing. The company directly owns and controls multiple mechanized coal mines and controls three main railways, namely the Zhundong Railway, Huzhun Railway and a special railway line for Suancigou Mine. Thermal coal provided by the company serves as fuel for various industries including thermal power, construction materials and chemicals.

Inner Mongolia Yitai Coal Co (SHSE:900948) Headlines

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