Tianqi Lithium (HKSE:09696) Dividend Payout Ratio : 0.00 (As of Dec. 2023)

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What is Tianqi Lithium Dividend Payout Ratio?

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

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Tianqi Lithium Corp is 1.27, which seems too high.

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

HKSE:09696' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.64 Med: 0.64 Max: 1.27
Current: 1.27

During the past 5 years, the highest Dividend Payout Ratio of Tianqi Lithium was 1.27. The lowest was 0.64. And the median was 0.64.

HKSE:09696's Dividend Payout Ratio is ranked worse than
87.31% of 260 companies
in the Metals & Mining industry
Industry Median: 0.43 vs HKSE:09696: 1.27

As of today (2024-05-13), the Dividend Yield % of Tianqi Lithium is 10.27%.

During the past 5 years, the highest Trailing Annual Dividend Yield of Tianqi Lithium was 11.34%. The lowest was 6.11%. And the median was 8.13%.

Tianqi Lithium's Dividends per Share for the months ended in Dec. 2023 was HK$0.00.

The growth rate is calculated with least square regression.

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

Tianqi Lithium Dividend Payout Ratio Historical Data

The historical data trend for Tianqi Lithium'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.

Tianqi Lithium Dividend Payout Ratio Chart

Tianqi Lithium Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.64

Tianqi Lithium Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial								-	0.78	-	-	-

Competitive Comparison of Tianqi Lithium's Dividend Payout Ratio

For the Other Industrial Metals & Mining subindustry, Tianqi Lithium'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.

Tianqi Lithium's Dividend Payout Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Tianqi Lithium's Dividend Payout Ratio distribution charts can be found below:

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

Tianqi Lithium Dividend Payout Ratio Calculation

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

Tianqi Lithium'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 )
	=	3.333	/	5.207
	=	0.64

Tianqi Lithium'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	/	-0.228
	=	N/A

Tianqi Lithium (HKSE:09696) 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.

Tianqi Lithium Dividend Payout Ratio Related Terms

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

Tianqi Lithium (HKSE:09696) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tianqi Lithium Corp (HKSE:09696) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

2220:Germany

Address

No. 10 East Gaopeng Road, Building 1, Hi-Tech Zone, Sichuan, Chengdu, CHN

Website

http://www.tianqilithium.com

Tianqi Lithium is a leading new energy materials company headquartered in China. The company is the largest producer of mined lithium globally in terms of output and is ranked third in terms of revenue generated from lithium, according to Wood Mackenzie. It is also the world's fourth largest and Asia's second largest lithium compound producer, as measured by production output, according to the same source. Tianqi is the only lithium producer in China that has achieved 100% self-sufficiency and has fully vertically integrated lithium mines. It operates in critical stages of the lithium value chain, including: 1) mining of lithium ore and manufacturing of lithium concentrate; and 2) manufacturing of lithium compounds and derivatives.

Tianqi Lithium (HKSE:09696) Headlines

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