If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Shanxi Lu'an Environmental Energy Development Co Ltd is 1.44, which seems too high.
SHSE:601699's Dividend Payout Ratio is ranked worse than 89.47% of 76
companies
in the Other Energy Sources industry
Industry Median: 0.6
vs SHSE:601699: 1.44
During the past 12 months, Shanxi Lu'an Environmental Energy Development Co's average Dividends Per Share Growth Rate was 323.50% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 128.50% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 49.30% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Shanxi Lu'an Environmental Energy Development Co was 128.50% per year. The lowest was -58.80% per year. And the median was 37.20% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Shanxi Lu'an Environmental Energy Development Co Dividend Payout Ratio Historical Data
* 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.
Shanxi Lu'an Environmental Energy Development Co Dividend Payout Ratio Chart
Shanxi Lu'an Environmental Energy Development Co Annual Data
Competitive Comparison of Shanxi Lu'an Environmental Energy Development Co's Dividend Payout Ratio
For the Thermal Coal subindustry, Shanxi Lu'an Environmental Energy Development 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.
Shanxi Lu'an Environmental Energy Development Co's Dividend Payout Ratio Distribution in the Other Energy Sources Industry
* 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.
Shanxi Lu'an Environmental Energy Development Co (SHSE:601699) 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.
Shanxi Lu'an Environmental Energy Development Co Dividend Payout Ratio Related Terms
Thank you for viewing the detailed overview of Shanxi Lu'an Environmental Energy Development Co's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Shanxi Lu'an Environmental Energy Development Co (SHSE:601699) Business Description
Based in Changzhi City, Shanxi Province, China, Lu'an first listed shares on the A-share market in 2006. As of late 2010, Lu'an Mining Industry Group held a 63.99% stake in Lu'an. Lu'an is mainly engaged in mining, washing, processing and distribution of coal. In 2010, the company produced 33.22 million tons of coals and sold CNY 18.2 billion worth of coal. The company's coal business had a gross margin of 47% in 2010.
Shanxi Lu'an Environmental Energy Development Co (SHSE:601699) Headlines
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