Jingjin Equipment (SHSE:603279) Dividend Payout Ratio : 2.54 (As of Mar. 2024)

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What is Jingjin Equipment Dividend Payout Ratio?

Jingjin Equipment's dividend payout ratio for the months ended in Mar. 2024 was 2.54.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Jingjin Equipment Inc is 1.12, which seems too high.

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

SHSE:603279' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.44 Med: 0.54 Max: 1.12
Current: 1.12

During the past 11 years, the highest Dividend Payout Ratio of Jingjin Equipment was 1.12. The lowest was 0.44. And the median was 0.54.

SHSE:603279's Dividend Payout Ratio is ranked worse than
91.67% of 1668 companies
in the Industrial Products industry
Industry Median: 0.33 vs SHSE:603279: 1.12

As of today (2024-05-03), the Dividend Yield % of Jingjin Equipment is 8.87%.

During the past 11 years, the highest Trailing Annual Dividend Yield of Jingjin Equipment was 9.97%. The lowest was 1.51%. And the median was 2.77%.

Jingjin Equipment's Dividends per Share for the months ended in Mar. 2024 was ¥1.06.

During the past 12 months, Jingjin Equipment's average Dividends Per Share Growth Rate was 157.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 32.60% per year.

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of Jingjin Equipment was 32.60% per year. The lowest was 23.10% per year. And the median was 27.85% per year.

The growth rate is calculated with least square regression.

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

Jingjin Equipment Dividend Payout Ratio Historical Data

The historical data trend for Jingjin Equipment'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.

Jingjin Equipment Dividend Payout Ratio Chart

Jingjin Equipment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.56

0.48

0.44

0.54

0.58

Jingjin Equipment 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															-	2.01	-	-	2.54

Competitive Comparison of Jingjin Equipment's Dividend Payout Ratio

For the Pollution & Treatment Controls subindustry, Jingjin Equipment'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.

Jingjin Equipment's Dividend Payout Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jingjin Equipment's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Jingjin Equipment's Dividend Payout Ratio falls into.

Jingjin Equipment Dividend Payout Ratio Calculation

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

Jingjin Equipment'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 )
	=	1	/	1.74
	=	0.57

Jingjin Equipment'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 )
	=	1.06	/	0.417
	=	2.54

Jingjin Equipment (SHSE:603279) 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.

Jingjin Equipment Dividend Payout Ratio Related Terms

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

Jingjin Equipment (SHSE:603279) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jingjin Equipment Inc (SHSE:603279) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

North Head of Jinghua Road, Dezhou economic development zone, Shandong Province, Dezhou, CHN, 253034

Website

http://www.jjylj.com

Jingjin Equipment Inc is an environmental protection service provider of filter outfit production, filter technology overall plan solution and environment protection project contraction and operation. The comapny is engaged in the development of energy conservation and environment protection career, providing consumers by cost-effective products and professional quality service. Its products include pressure filter, vibrating centrifuge, blender, conveyor, automatic reagent feeder, double drive thickener, mud scraper, and cake breaker.

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