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Innovation New Material Technology Co (SHSE:600361) Dividend Payout Ratio : 0.00 (As of Mar. 2024)


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What is Innovation New Material Technology Co Dividend Payout Ratio?

Innovation New Material Technology Co's dividend payout ratio for the months ended in Mar. 2024 was 0.00.

The historical rank and industry rank for Innovation New Material Technology Co's Dividend Payout Ratio or its related term are showing as below:

SHSE:600361' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.4   Max: 1.25
Current: 0.26


During the past 13 years, the highest Dividend Payout Ratio of Innovation New Material Technology Co was 1.25. The lowest was 0.05. And the median was 0.40.

SHSE:600361's Dividend Payout Ratio is ranked better than
71.43% of 259 companies
in the Metals & Mining industry
Industry Median: 0.42 vs SHSE:600361: 0.26

As of today (2024-05-21), the Dividend Yield % of Innovation New Material Technology Co is 1.44%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Innovation New Material Technology Co was 5.38%. The lowest was 0.41%. And the median was 1.56%.

Innovation New Material Technology 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 -5.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Innovation New Material Technology Co was 62.40% per year. The lowest was -38.40% per year. And the median was -7.20% per year.

The growth rate is calculated with least square regression.

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


Innovation New Material Technology Co Dividend Payout Ratio Historical Data

The historical data trend for Innovation New Material Technology 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.

Innovation New Material Technology Co Dividend Payout Ratio Chart

Innovation New Material Technology 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 0.54 0.05 0.31 - 0.28

Innovation New Material Technology 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 - 1.02 - - -

Competitive Comparison of Innovation New Material Technology Co's Dividend Payout Ratio

For the Aluminum subindustry, Innovation New Material Technology 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.


Innovation New Material Technology Co's Dividend Payout Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Innovation New Material Technology Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Innovation New Material Technology Co's Dividend Payout Ratio falls into.



Innovation New Material Technology Co Dividend Payout Ratio Calculation

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

Innovation New Material Technology 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 )
=0.06/ 0.214
=0.28

Innovation New Material Technology 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/ 0.068
=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.


Innovation New Material Technology Co (SHSE:600361) 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.


Innovation New Material Technology Co Dividend Payout Ratio Related Terms

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


Innovation New Material Technology Co (SHSE:600361) Business Description

Traded in Other Exchanges
N/A
Address
No. 31, Fuchengmenwai Street, Room 416A, 4th Floor, Xicheng District, Beijing, CHN, 100032
Innovation New Material Technology Co Ltd is engaged in the research, development, production and processing of aluminum alloy and its products.

Innovation New Material Technology Co (SHSE:600361) Headlines

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