Jiangsu Rainbow Heavy Industries Co (SZSE:002483) Dividend Payout Ratio : 0.00 (As of Mar. 2024)

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What is Jiangsu Rainbow Heavy Industries Co Dividend Payout Ratio?

Jiangsu Rainbow Heavy Industries Co's dividend payout ratio for the months ended in Mar. 2024 was 0.00.

The historical rank and industry rank for Jiangsu Rainbow Heavy Industries Co's Dividend Payout Ratio or its related term are showing as below:

SZSE:002483' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.1 Med: 0.51 Max: 3.33
Current: 0.1

During the past 13 years, the highest Dividend Payout Ratio of Jiangsu Rainbow Heavy Industries Co was 3.33. The lowest was 0.10. And the median was 0.51.

SZSE:002483's Dividend Payout Ratio is ranked better than
88.88% of 1664 companies
in the Industrial Products industry
Industry Median: 0.33 vs SZSE:002483: 0.10

As of today (2024-05-23), the Dividend Yield % of Jiangsu Rainbow Heavy Industries Co is 1.94%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Jiangsu Rainbow Heavy Industries Co was 2.54%. The lowest was 0.33%. And the median was 1.03%.

Jiangsu Rainbow Heavy Industries Co's Dividends per Share for the months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Jiangsu Rainbow Heavy Industries Co's average Dividends Per Share Growth Rate was 6.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 2.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 0.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Jiangsu Rainbow Heavy Industries Co was 17.30% per year. The lowest was -25.50% per year. And the median was 2.00% per year.

The growth rate is calculated with least square regression.

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

Jiangsu Rainbow Heavy Industries Co Dividend Payout Ratio Historical Data

The historical data trend for Jiangsu Rainbow Heavy Industries 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.

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Jiangsu Rainbow Heavy Industries Co Dividend Payout Ratio Chart

Jiangsu Rainbow Heavy Industries Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.39

0.21

0.17

0.83

1.06

Jiangsu Rainbow Heavy Industries 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															-	0.38	-	-	-

Competitive Comparison of Jiangsu Rainbow Heavy Industries Co's Dividend Payout Ratio

For the Specialty Industrial Machinery subindustry, Jiangsu Rainbow Heavy Industries 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.

Jiangsu Rainbow Heavy Industries Co's Dividend Payout Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jiangsu Rainbow Heavy Industries Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Jiangsu Rainbow Heavy Industries Co's Dividend Payout Ratio falls into.

Jiangsu Rainbow Heavy Industries Co Dividend Payout Ratio Calculation

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

Jiangsu Rainbow Heavy Industries 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 )
	=	0.053	/	0.05
	=	1.06

Jiangsu Rainbow Heavy Industries 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	/	0.064
	=	0.00

Jiangsu Rainbow Heavy Industries Co (SZSE:002483) 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.

Jiangsu Rainbow Heavy Industries Co Dividend Payout Ratio Related Terms

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

Jiangsu Rainbow Heavy Industries Co (SZSE:002483) Business Description

Industry

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Traded in Other Exchanges

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Address

No.9, Zhenxing West Road, Economic & Technology Development Zone, Natong, CHN, 226010

Website

http://www.jiangsurhi.com

Jiangsu Rainbow Heavy Industries Co Ltd is mainly engaged in the engineering, fabrication, sale, and maintenance of cranes in China. Its major business consists of 2 modules: high-end equipment manufactures and environmental protection. The high-end equipment manufacture module includes material lifting, offshore equipment, and shipbuilding, the products covered all kinds of lifting machinery, ship equipment, marine equipment, car parking equipment, engineering vessels and other related products. The environmental protection module includes industrial wastewater treatment, sludge treatment, hazardous solid waste disposal and other energy saving, recycling economy business.

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