Shandong Kaisheng New Materials Co (SZSE:301069) Dividend Payout Ratio : 0.00 (As of Mar. 2024)

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What is Shandong Kaisheng New Materials Co Dividend Payout Ratio?

Shandong Kaisheng New Materials Co's dividend payout ratio for the months ended in Mar. 2024 was 0.00.

The historical rank and industry rank for Shandong Kaisheng New Materials Co's Dividend Payout Ratio or its related term are showing as below:

SZSE:301069' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.42 Med: 0.44 Max: 0.47
Current: 0.44

During the past 7 years, the highest Dividend Payout Ratio of Shandong Kaisheng New Materials Co was 0.47. The lowest was 0.42. And the median was 0.44.

SZSE:301069's Dividend Payout Ratio is ranked worse than
56.04% of 903 companies
in the Chemicals industry
Industry Median: 0.39 vs SZSE:301069: 0.44

As of today (2024-05-25), the Dividend Yield % of Shandong Kaisheng New Materials Co is 0.89%.

During the past 7 years, the highest Trailing Annual Dividend Yield of Shandong Kaisheng New Materials Co was 1.13%. The lowest was 0.54%. And the median was 0.83%.

Shandong Kaisheng New Materials Co's Dividends per Share for the months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Shandong Kaisheng New Materials Co's average Dividends Per Share Growth Rate was -40.00% per year.

The growth rate is calculated with least square regression.

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

Shandong Kaisheng New Materials Co Dividend Payout Ratio Historical Data

The historical data trend for Shandong Kaisheng New Materials 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.

Shandong Kaisheng New Materials Co Dividend Payout Ratio Chart

Shandong Kaisheng New Materials Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.47

0.42

Shandong Kaisheng New Materials Co Quarterly Data
	Dec18	Jun19	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															-	1.17	-	-	-

Competitive Comparison of Shandong Kaisheng New Materials Co's Dividend Payout Ratio

For the Chemicals subindustry, Shandong Kaisheng New Materials 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.

Shandong Kaisheng New Materials Co's Dividend Payout Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shandong Kaisheng New Materials Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Shandong Kaisheng New Materials Co's Dividend Payout Ratio falls into.

Shandong Kaisheng New Materials Co Dividend Payout Ratio Calculation

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

Shandong Kaisheng New Materials 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 )
	=	0.15	/	0.361
	=	0.42

Shandong Kaisheng New Materials 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	/	0.06
	=	0.00

Shandong Kaisheng New Materials Co (SZSE:301069) 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.

Shandong Kaisheng New Materials Co Dividend Payout Ratio Related Terms

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

Shandong Kaisheng New Materials Co (SZSE:301069) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shandong Kaisheng New Materials Co Ltd (SZSE:301069) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

N/A

Address

Eeast of Zhangbo Highway, Shuangyang Town, Zichuan District, Shandong Province, Zibo, CHN, 255185

Website

http://www.ksxc.cn

Shandong Kaisheng New Materials Co Ltd is engaged in the research and development, production and sales of fine chemical products and new polymer materials.

Shandong Kaisheng New Materials Co (SZSE:301069) Headlines

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