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Shenzhen Megmeet Electrical Co (SZSE:002851) Dividend Payout Ratio : 0.00 (As of Mar. 2024)


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What is Shenzhen Megmeet Electrical Co Dividend Payout Ratio?

Shenzhen Megmeet Electrical Co's dividend payout ratio for the months ended in Mar. 2024 was 0.00.

The historical rank and industry rank for Shenzhen Megmeet Electrical Co's Dividend Payout Ratio or its related term are showing as below:

SZSE:002851' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.21   Max: 0.32
Current: 0.05


During the past 13 years, the highest Dividend Payout Ratio of Shenzhen Megmeet Electrical Co was 0.32. The lowest was 0.05. And the median was 0.21.

SZSE:002851's Dividend Payout Ratio is ranked better than
96.57% of 1662 companies
in the Industrial Products industry
Industry Median: 0.33 vs SZSE:002851: 0.05

As of today (2024-06-07), the Dividend Yield % of Shenzhen Megmeet Electrical Co is 0.18%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Shenzhen Megmeet Electrical Co was 0.91%. The lowest was 0.14%. And the median was 0.47%.

Shenzhen Megmeet Electrical Co's Dividends per Share for the months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Shenzhen Megmeet Electrical Co's average Dividends Per Share Growth Rate was -68.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -32.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Shenzhen Megmeet Electrical Co was 36.40% per year. The lowest was -32.10% per year. And the median was 22.50% per year.

The growth rate is calculated with least square regression.

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


Shenzhen Megmeet Electrical Co Dividend Payout Ratio Historical Data

The historical data trend for Shenzhen Megmeet Electrical 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.

Shenzhen Megmeet Electrical Co Dividend Payout Ratio Chart

Shenzhen Megmeet Electrical 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 0.13 0.25 0.32 0.31 0.07

Shenzhen Megmeet Electrical 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 - 0.09 - - -

Competitive Comparison of Shenzhen Megmeet Electrical Co's Dividend Payout Ratio

For the Specialty Industrial Machinery subindustry, Shenzhen Megmeet Electrical 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.


Shenzhen Megmeet Electrical Co's Dividend Payout Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shenzhen Megmeet Electrical Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Shenzhen Megmeet Electrical Co's Dividend Payout Ratio falls into.



Shenzhen Megmeet Electrical Co Dividend Payout Ratio Calculation

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

Shenzhen Megmeet Electrical 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 )
=0.05/ 0.687
=0.07

Shenzhen Megmeet Electrical 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/ 0.272
=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.


Shenzhen Megmeet Electrical Co (SZSE:002851) 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.


Shenzhen Megmeet Electrical Co Dividend Payout Ratio Related Terms

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


Shenzhen Megmeet Electrical Co (SZSE:002851) Business Description

Traded in Other Exchanges
N/A
Address
No. 13 Langshan Road, Tsinghua Unisplendour Technology Park, A, B, C501-503, D, E, 5th Floor, High-tech Zone, North District, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057
Shenzhen Megmeet Electrical Co Ltd is a provider of industrial automation and power supply solutions. It operates in the areas of Industrial automation and control, Smart home appliances, and Custom power supplies. Industrial automation and control area includes motor drive, editable logic controller, new energy automotive motor drive, and industrial digital intelligent welding machine. Smart home appliances comprise flat panel display power supply, inverter air conditioner power converter, frequency conversion microwave oven power converter, and others. Custom power supplies include industrial microwave power, new energy vehicle power, electric power, LED color screen power supply, and others. The company has a business presence in China, and other international countries.
Executives
Tong Yong Sheng Directors, executives
Zhang Zhi Directors, executives
Wang Tao Directors, executives
Wang Xue Fen Director
Shen Chu Chun Executives
Wang Yong Feng Supervisors

Shenzhen Megmeet Electrical Co (SZSE:002851) Headlines

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