Ningbo TIP Rubber Technology Co (SHSE:605255) Dividend Payout Ratio : 0.00 (As of Mar. 2024)

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What is Ningbo TIP Rubber Technology Co Dividend Payout Ratio?

Ningbo TIP Rubber Technology Co's dividend payout ratio for the months ended in Mar. 2024 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Ningbo TIP Rubber Technology Co Ltd is 0.94, which seems too high.

The historical rank and industry rank for Ningbo TIP Rubber Technology Co's Dividend Payout Ratio or its related term are showing as below:

SHSE:605255' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.94 Med: 2.97 Max: 2.98
Current: 0.94

During the past 8 years, the highest Dividend Payout Ratio of Ningbo TIP Rubber Technology Co was 2.98. The lowest was 0.94. And the median was 2.97.

SHSE:605255's Dividend Payout Ratio is ranked worse than
91.19% of 749 companies
in the Vehicles & Parts industry
Industry Median: 0.28 vs SHSE:605255: 0.94

As of today (2024-05-23), the Dividend Yield % of Ningbo TIP Rubber Technology Co is 1.55%.

During the past 8 years, the highest Trailing Annual Dividend Yield of Ningbo TIP Rubber Technology Co was 5.81%. The lowest was 1.04%. And the median was 2.88%.

Ningbo TIP Rubber Technology Co's Dividends per Share for the months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Ningbo TIP Rubber Technology Co's average Dividends Per Share Growth Rate was -50.60% per year.

The growth rate is calculated with least square regression.

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

Ningbo TIP Rubber Technology Co Dividend Payout Ratio Historical Data

The historical data trend for Ningbo TIP Rubber Technology 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.

Ningbo TIP Rubber Technology Co Dividend Payout Ratio Chart

Ningbo TIP Rubber Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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2.98

2.97

1.05

Ningbo TIP Rubber Technology 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															-	5.00	-	-	-

Competitive Comparison of Ningbo TIP Rubber Technology Co's Dividend Payout Ratio

For the Auto Parts subindustry, Ningbo TIP Rubber Technology 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.

Ningbo TIP Rubber Technology Co's Dividend Payout Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ningbo TIP Rubber Technology Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Ningbo TIP Rubber Technology Co's Dividend Payout Ratio falls into.

Ningbo TIP Rubber Technology Co Dividend Payout Ratio Calculation

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

Ningbo TIP Rubber Technology 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 )
	=	0.22	/	0.21
	=	1.05

Ningbo TIP Rubber Technology 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	/	0.072
	=	0.00

Ningbo TIP Rubber Technology Co (SHSE:605255) 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.

Ningbo TIP Rubber Technology Co Dividend Payout Ratio Related Terms

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

Ningbo TIP Rubber Technology Co (SHSE:605255) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ningbo TIP Rubber Technology Co Ltd (SHSE:605255) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

N/A

Address

No. 5, Jinlong Road, Taoyuan Street, Ninghai County, Zhejiang Province, Ningbo, CHN, 315600

Website

http://www.tipgroupm.com

Ningbo TIP Rubber Technology Co Ltd is engaged in production and sales of automotive polymer fluid piping system and sealing system parts and assemblies. The company's products include Water hose; Fuel hose; Moulded part; Assembly; Rubber compound; metal processing / plastic part; and Hydraulic hose.

Ningbo TIP Rubber Technology Co (SHSE:605255) Headlines

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