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Zhejiang Lenor Flow Control Technology Co (SZSE:300838) Dividend Payout Ratio : 0.00 (As of Mar. 2024)


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What is Zhejiang Lenor Flow Control Technology Co Dividend Payout Ratio?

Zhejiang Lenor Flow Control Technology Co's dividend payout ratio for the months ended in Mar. 2024 was 0.00.

The historical rank and industry rank for Zhejiang Lenor Flow Control Technology Co's Dividend Payout Ratio or its related term are showing as below:

SZSE:300838' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.29   Max: 0.33
Current: 0.32


During the past 12 years, the highest Dividend Payout Ratio of Zhejiang Lenor Flow Control Technology Co was 0.33. The lowest was 0.25. And the median was 0.29.

SZSE:300838's Dividend Payout Ratio is ranked better than
52.01% of 1665 companies
in the Industrial Products industry
Industry Median: 0.33 vs SZSE:300838: 0.32

As of today (2024-05-12), the Dividend Yield % of Zhejiang Lenor Flow Control Technology Co is 2.05%.

During the past 12 years, the highest Trailing Annual Dividend Yield of Zhejiang Lenor Flow Control Technology Co was 2.30%. The lowest was 0.77%. And the median was 1.19%.

Zhejiang Lenor Flow Control Technology Co's Dividends per Share for the months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Zhejiang Lenor Flow Control Technology Co's average Dividends Per Share Growth Rate was 25.00% per year.

The growth rate is calculated with least square regression.

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


Zhejiang Lenor Flow Control Technology Co Dividend Payout Ratio Historical Data

The historical data trend for Zhejiang Lenor Flow Control 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.

Zhejiang Lenor Flow Control Technology Co Dividend Payout Ratio Chart

Zhejiang Lenor Flow Control 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 - - 0.25 0.29 0.33

Zhejiang Lenor Flow Control 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 - 1.00 - - -

Competitive Comparison of Zhejiang Lenor Flow Control Technology Co's Dividend Payout Ratio

For the Specialty Industrial Machinery subindustry, Zhejiang Lenor Flow Control 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.


Zhejiang Lenor Flow Control Technology Co's Dividend Payout Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Lenor Flow Control Technology Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Zhejiang Lenor Flow Control Technology Co's Dividend Payout Ratio falls into.



Zhejiang Lenor Flow Control Technology Co Dividend Payout Ratio Calculation

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

Zhejiang Lenor Flow Control 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 )
=0.25/ 0.75
=0.33

Zhejiang Lenor Flow Control 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/ 0.051
=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.


Zhejiang Lenor Flow Control Technology Co (SZSE:300838) 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.


Zhejiang Lenor Flow Control Technology Co Dividend Payout Ratio Related Terms

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


Zhejiang Lenor Flow Control Technology Co (SZSE:300838) Business Description

Traded in Other Exchanges
N/A
Address
No. 99, Weiyi Road, High-tech (Ge Lane) Park, Ruian City, Zhejiang Province, Wenzhou, CHN, 325200
Zhejiang Linuo Flow Control Technology Co Ltd engages in the development, design, production and sale of fluid control equipment. The company provides total solutions on control valve for fluid industrial customers in the field of energy, petrochemical engineering, metallurgy, chemical engineering, paper-making, environmental protection, biochemistry, and medicine. Its products include Segment Ball Valve; Knife Gate Valve; Ball Valve; Globe Control Valve; Butterfly Valve; and Actuator.

Zhejiang Lenor Flow Control Technology Co (SZSE:300838) Headlines

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