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Lingyi Itech (Guangdong) Co (SZSE:002600) Dividend Payout Ratio : 0.00 (As of Mar. 2024)


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What is Lingyi Itech (Guangdong) Co Dividend Payout Ratio?

Lingyi Itech (Guangdong) Co's dividend payout ratio for the months ended in Mar. 2024 was 0.00.

The historical rank and industry rank for Lingyi Itech (Guangdong) Co's Dividend Payout Ratio or its related term are showing as below:

SZSE:002600' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.64   Max: 5
Current: 0.39


During the past 13 years, the highest Dividend Payout Ratio of Lingyi Itech (Guangdong) Co was 5.00. The lowest was 0.13. And the median was 0.64.

SZSE:002600's Dividend Payout Ratio is ranked better than
57.69% of 1184 companies
in the Hardware industry
Industry Median: 0.46 vs SZSE:002600: 0.39

As of today (2024-05-17), the Dividend Yield % of Lingyi Itech (Guangdong) Co is 3.02%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Lingyi Itech (Guangdong) Co was 3.19%. The lowest was 0.27%. And the median was 0.91%.

Lingyi Itech (Guangdong) Co's Dividends per Share for the months ended in Mar. 2024 was ¥0.00.

During the past 3 years, the average Dividends Per Share Growth Rate was -10.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Lingyi Itech (Guangdong) Co was 58.70% per year. The lowest was -10.00% per year. And the median was 26.00% per year.

The growth rate is calculated with least square regression.

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


Lingyi Itech (Guangdong) Co Dividend Payout Ratio Historical Data

The historical data trend for Lingyi Itech (Guangdong) 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.

Lingyi Itech (Guangdong) Co Dividend Payout Ratio Chart

Lingyi Itech (Guangdong) 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 - 0.67 - - 0.61

Lingyi Itech (Guangdong) 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 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 - 0.80 - 0.60 -

Competitive Comparison of Lingyi Itech (Guangdong) Co's Dividend Payout Ratio

For the Electronic Components subindustry, Lingyi Itech (Guangdong) 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.


Lingyi Itech (Guangdong) Co's Dividend Payout Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Lingyi Itech (Guangdong) Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Lingyi Itech (Guangdong) Co's Dividend Payout Ratio falls into.



Lingyi Itech (Guangdong) Co Dividend Payout Ratio Calculation

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

Lingyi Itech (Guangdong) 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 )
=0.146/ 0.24
=0.61

Lingyi Itech (Guangdong) 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/ 0.078
=0.00

* 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.


Lingyi Itech (Guangdong) Co (SZSE:002600) 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.


Lingyi Itech (Guangdong) Co Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Lingyi Itech (Guangdong) Co's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Lingyi Itech (Guangdong) Co (SZSE:002600) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Longwan Road, GuangDong Province, Jiangmen, CHN, 529000
Lingyi Itech (Guangdong) Co Ltd is a Chinese company that manufactures magnetic materials, precision components and modules, precision structural parts, liquid crystal display modules, capacitive touch screens, wire and cable, motors, trade logistics, and supply chain finance. Its products are used in consumer electronics, automotive control, smart security, smart wear, smart home, new materials, new energy vehicles and other fields.

Lingyi Itech (Guangdong) Co (SZSE:002600) Headlines

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