Shareate Tools (SHSE:688257) Dividend Payout Ratio : 0.00 (As of Mar. 2024)

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What is Shareate Tools Dividend Payout Ratio?

Shareate Tools's dividend payout ratio for the months ended in Mar. 2024 was 0.00.

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

SHSE:688257' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.36 Med: 0.45 Max: 0.47
Current: 0.36

During the past 10 years, the highest Dividend Payout Ratio of Shareate Tools was 0.47. The lowest was 0.36. And the median was 0.45.

SHSE:688257's Dividend Payout Ratio is ranked worse than
53.37% of 1660 companies
in the Industrial Products industry
Industry Median: 0.33 vs SHSE:688257: 0.36

As of today (2024-06-12), the Dividend Yield % of Shareate Tools is 2.31%.

During the past 10 years, the highest Trailing Annual Dividend Yield of Shareate Tools was 2.55%. The lowest was 1.17%. And the median was 1.61%.

Shareate Tools's Dividends per Share for the months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Shareate Tools's average Dividends Per Share Growth Rate was 40.10% per year.

The growth rate is calculated with least square regression.

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

Shareate Tools Dividend Payout Ratio Historical Data

The historical data trend for Shareate Tools'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.

Shareate Tools Dividend Payout Ratio Chart

Shareate Tools Annual Data

Trend

Dec13

Dec14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.42

0.47

Shareate Tools Quarterly Data
	Dec18	Jun19	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															-	1.30	-	-	-

Competitive Comparison of Shareate Tools's Dividend Payout Ratio

For the Tools & Accessories subindustry, Shareate Tools'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.

Shareate Tools's Dividend Payout Ratio Distribution in the Industrial Products Industry

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

* The bar in red indicates where Shareate Tools's Dividend Payout Ratio falls into.

Shareate Tools Dividend Payout Ratio Calculation

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

Shareate Tools'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 )
	=	0.5	/	1.061
	=	0.47

Shareate Tools'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	/	0.357
	=	0.00

Shareate Tools (SHSE:688257) 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.

Shareate Tools Dividend Payout Ratio Related Terms

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

Shareate Tools (SHSE:688257) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shareate Tools Ltd (SHSE:688257) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

133 Shuangma Street, Weiting Town, Suzhou Industrial Park, Jiangsu Province, Suzhou, CHN, 215121

Website

http://www.shareate.com

Shareate Tools Ltd is a national high-tech enterprise, engaged in cemented carbide products and rock drilling tools. Its main products are Rotary Tricone Bit, DTH Hammer & Bit for mining, water well, and oil-field drilling applications, oil drilling, and mining cemented carbide, carbide substrates for PDC bits, petroleum drill bit nozzle, ultra-fine cemented carbide rod, fine grain cutting tools, stamping die plate, cold heading dies, powder metallurgy dies, tungsten carbide tubular welding, wear parts, non-standard parts. It exports to South America, Africa, Australia, Russia, South Korea, USA, Canada and other countries.

Executives

Yang Han Min	Core technical personnel
Li Ning	Core technical personnel
	senior management
Lu Qing Zhong	Core technical personnel

Shareate Tools (SHSE:688257) Headlines

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