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Ganfeng Lithium Group Co (SZSE:002460) Dividend Payout Ratio : 0.00 (As of Dec. 2023)


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What is Ganfeng Lithium Group Co Dividend Payout Ratio?

Ganfeng Lithium Group Co's dividend payout ratio for the months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for Ganfeng Lithium Group Co's Dividend Payout Ratio or its related term are showing as below:

SZSE:002460' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.3   Max: 0.97
Current: 0.34


During the past 13 years, the highest Dividend Payout Ratio of Ganfeng Lithium Group Co was 0.97. The lowest was 0.03. And the median was 0.30.

SZSE:002460's Dividend Payout Ratio is ranked better than
58.29% of 911 companies
in the Chemicals industry
Industry Median: 0.39 vs SZSE:002460: 0.34

As of today (2024-05-01), the Dividend Yield % of Ganfeng Lithium Group Co is 2.84%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Ganfeng Lithium Group Co was 3.02%. The lowest was 0.11%. And the median was 0.39%.

Ganfeng Lithium Group Co's Dividends per Share for the months ended in Dec. 2023 was ¥0.00.

During the past 12 months, Ganfeng Lithium Group Co's average Dividends Per Share Growth Rate was 233.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 67.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 30.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 45.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ganfeng Lithium Group Co was 99.30% per year. The lowest was -17.50% per year. And the median was 38.70% per year.

The growth rate is calculated with least square regression.

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


Ganfeng Lithium Group Co Dividend Payout Ratio Historical Data

The historical data trend for Ganfeng Lithium Group 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.

Ganfeng Lithium Group Co Dividend Payout Ratio Chart

Ganfeng Lithium Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.97 0.15 0.03 0.75

Ganfeng Lithium Group Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 12.50 -

Competitive Comparison of Ganfeng Lithium Group Co's Dividend Payout Ratio

For the Chemicals subindustry, Ganfeng Lithium Group 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.


Ganfeng Lithium Group Co's Dividend Payout Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ganfeng Lithium Group Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Ganfeng Lithium Group Co's Dividend Payout Ratio falls into.



Ganfeng Lithium Group Co Dividend Payout Ratio Calculation

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

Ganfeng Lithium Group 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 )
=1/ 1.33
=0.75

Ganfeng Lithium Group Co'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/ -0.229
=N/A

* 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.


Ganfeng Lithium Group Co (SZSE:002460) 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.


Ganfeng Lithium Group Co Dividend Payout Ratio Related Terms

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


Ganfeng Lithium Group Co (SZSE:002460) Business Description

Traded in Other Exchanges
Address
248 Queen’s Road East, 40th Floor, Dah Sing Financial Centre, Wanchai, Hong Kong, HKG
Founded in 2000, Ganfeng is the world's third largest and China's largest lithium compounds producer and the world's largest lithium metals producer in terms of production capacity. The company offers five major categories of more than 40 lithium compounds and metals products, which is one of the most comprehensive product offerings among the suppliers globally. Starting as a midstream manufacturer of lithium compounds and lithium metals, Ganfeng has successfully expanded into a vertically integrated business model with operations along the critical stages of the industry value chain, including upstream lithium extraction, midstream lithium compounds and metals processing, and downstream lithium battery production and recycling.

Ganfeng Lithium Group Co (SZSE:002460) Headlines

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