Canggang Railway (HKSE:02169) Dividend Payout Ratio : 0.00 (As of Dec. 2023)

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What is Canggang Railway Dividend Payout Ratio?

Canggang Railway's dividend payout ratio for the months ended in Dec. 2023 was 0.00.

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

HKSE:02169' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.47 Med: 0.5 Max: 0.5
Current: 0.5

During the past 7 years, the highest Dividend Payout Ratio of Canggang Railway was 0.50. The lowest was 0.47. And the median was 0.50.

HKSE:02169's Dividend Payout Ratio is ranked worse than
59.54% of 524 companies
in the Transportation industry
Industry Median: 0.4 vs HKSE:02169: 0.50

As of today (2024-05-15), the Dividend Yield % of Canggang Railway is 0.91%.

During the past 7 years, the highest Trailing Annual Dividend Yield of Canggang Railway was 3.31%. The lowest was 0.29%. And the median was 1.21%.

Canggang Railway's Dividends per Share for the months ended in Dec. 2023 was HK$0.00.

During the past 12 months, Canggang Railway's average Dividends Per Share Growth Rate was -11.10% per year.

The growth rate is calculated with least square regression.

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

Canggang Railway Dividend Payout Ratio Historical Data

The historical data trend for Canggang Railway'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.

Canggang Railway Dividend Payout Ratio Chart

Canggang Railway Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.50

0.47

0.50

Canggang Railway Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial						1.20	1.11	-	1.00	-

Competitive Comparison of Canggang Railway's Dividend Payout Ratio

For the Railroads subindustry, Canggang Railway'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.

Canggang Railway's Dividend Payout Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Canggang Railway's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Canggang Railway's Dividend Payout Ratio falls into.

Canggang Railway Dividend Payout Ratio Calculation

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

Canggang Railway'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 )
	=	0.008	/	0.016
	=	0.50

Canggang Railway's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0	/	0.008
	=	0.00

Canggang Railway (HKSE:02169) 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.

Canggang Railway Dividend Payout Ratio Related Terms

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

Canggang Railway (HKSE:02169) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Canggang Railway Ltd (HKSE:02169) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yangzhuang Station, Yangerzhuang Town, Huanghua, Hebei Province, Cangzhou, CHN

Website

https://www.czcgtl.com

Canggang Railway Ltd is a local railway operator based in Hebei Province. The company operates in two segments, rail freight transportation services, and other ancillary services, including loading and unloading, road freight transportation, construction, repair and maintenance of Special Service Lines, railway roadbed and other railway facility construction, and certain other businesses. It operates one railway, the Canggang Railway Line, which connects the Shuo-Huang Railway Line and the Han-Huang Railway Line with the Bohai New Area in Cangzhou. Its railway line also connects the Beijing-Shanghai Railway Line. The company earns its revenue from rail freight transportation services.

Canggang Railway (HKSE:02169) Headlines

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