Hit Welding Industry Co (SZSE:301137) Dividend Payout Ratio : 0.00 (As of Mar. 2024)

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What is Hit Welding Industry Co Dividend Payout Ratio?

Hit Welding Industry Co's dividend payout ratio for the months ended in Mar. 2024 was 0.00.

The historical rank and industry rank for Hit Welding Industry Co's Dividend Payout Ratio or its related term are showing as below:

SZSE:301137' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.24 Med: 0.61 Max: 0.77
Current: 0.24

During the past 7 years, the highest Dividend Payout Ratio of Hit Welding Industry Co was 0.77. The lowest was 0.24. And the median was 0.61.

SZSE:301137's Dividend Payout Ratio is ranked better than
65.46% of 1662 companies
in the Industrial Products industry
Industry Median: 0.33 vs SZSE:301137: 0.24

As of today (2024-05-27), the Dividend Yield % of Hit Welding Industry Co is 0.56%.

During the past 7 years, the highest Trailing Annual Dividend Yield of Hit Welding Industry Co was 0.72%. The lowest was 0.41%. And the median was 0.55%.

Hit Welding Industry Co's Dividends per Share for the months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Hit Welding Industry Co's average Dividends Per Share Growth Rate was 4.70% per year.

The growth rate is calculated with least square regression.

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

Hit Welding Industry Co Dividend Payout Ratio Historical Data

The historical data trend for Hit Welding Industry 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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Hit Welding Industry Co Dividend Payout Ratio Chart

Hit Welding Industry Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.77

0.45

Hit Welding Industry Co Quarterly Data
	Dec17	Dec18	Dec19	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														-	1.17	-	-	-

Competitive Comparison of Hit Welding Industry Co's Dividend Payout Ratio

For the Specialty Industrial Machinery subindustry, Hit Welding Industry 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.

Hit Welding Industry Co's Dividend Payout Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hit Welding Industry Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Hit Welding Industry Co's Dividend Payout Ratio falls into.

Hit Welding Industry Co Dividend Payout Ratio Calculation

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

Hit Welding Industry 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 )
	=	0.089	/	0.2
	=	0.45

Hit Welding Industry 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	/	0.045
	=	0.00

Hit Welding Industry Co (SZSE:301137) 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.

Hit Welding Industry Co Dividend Payout Ratio Related Terms

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

Hit Welding Industry Co (SZSE:301137) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hit Welding Industry Co Ltd (SZSE:301137) » Definitions » Dividend Payout Ratio

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Traded in Other Exchanges

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Address

Yaoguan Town, Wujin District, Jiangsu Province, Changzhou, CHN, 213102

Website

http://www.htw.cn

Hit Welding Industry Co Ltd is engaged in research and development, production and sales of various fusion welding materials. The company manufactures metal welding wire, special electrode, welding accessories, trackless guide permanent magnet wheel crawler type all-position autonomous crawling arc welding robot, hoisting machinery equipment manufacturing, and welding equipment.

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