Luoyang JALON Micro-nano New Materials Co (SHSE:688357) Dividend Payout Ratio : 4.62 (As of Jun. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Luoyang JALON Micro-nano New Materials Co Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Luoyang JALON Micro-nano New Materials Co's Dividend Payout Ratio for the months ended in Jun. 2024 was 4.62.

The historical rank and industry rank for Luoyang JALON Micro-nano New Materials Co's Dividend Payout Ratio or its related term are showing as below:

SHSE:688357' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.17 Med: 0.42 Max: 0.65
Current: 0.51

During the past 10 years, the highest Dividend Payout Ratio of Luoyang JALON Micro-nano New Materials Co was 0.65. The lowest was 0.17. And the median was 0.42.

SHSE:688357's Dividend Payout Ratio is ranked worse than
67.88% of 909 companies
in the Chemicals industry
Industry Median: 0.37 vs SHSE:688357: 0.51

As of today (2024-10-10), the Dividend Yield % of Luoyang JALON Micro-nano New Materials Co is 2.14%.

During the past 10 years, the highest Trailing Annual Dividend Yield of Luoyang JALON Micro-nano New Materials Co was 3.58%. The lowest was 0.31%. And the median was 1.33%.

Luoyang JALON Micro-nano New Materials Co's Dividends per Share for the months ended in Jun. 2024 was ¥0.60.

During the past 12 months, Luoyang JALON Micro-nano New Materials Co's average Dividends Per Share Growth Rate was -28.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 40.90% per year.

During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of Luoyang JALON Micro-nano New Materials Co was 40.90% per year. The lowest was 40.90% per year. And the median was 40.90% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Luoyang JALON Micro-nano New Materials Co Dividend Payout Ratio Historical Data

The historical data trend for Luoyang JALON Micro-nano 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.

Luoyang JALON Micro-nano New Materials Co Dividend Payout Ratio Chart

Luoyang JALON Micro-nano New Materials Co Annual Data

Trend

Dec13

Dec14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

Get a 7-Day Free Trial

0.27

0.17

0.58

0.65

Luoyang JALON Micro-nano New Materials Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Dividend Payout Ratio	Get a 7-Day Free Trial															7.79	-	-	-	4.62

Competitive Comparison of Luoyang JALON Micro-nano New Materials Co's Dividend Payout Ratio

For the Specialty Chemicals subindustry, Luoyang JALON Micro-nano 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.

Luoyang JALON Micro-nano New Materials Co's Dividend Payout Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Luoyang JALON Micro-nano New Materials Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Luoyang JALON Micro-nano New Materials Co's Dividend Payout Ratio falls into.

Luoyang JALON Micro-nano New Materials Co Dividend Payout Ratio Calculation

Luoyang JALON Micro-nano 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 )
	=	0.833	/	1.283
	=	0.65

Luoyang JALON Micro-nano New Materials Co's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jun. 2024 )	/	EPS without NRI (Q: Jun. 2024 )
	=	0.6	/	0.13
	=	4.62

Luoyang JALON Micro-nano New Materials Co (SHSE:688357) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

Luoyang JALON Micro-nano New Materials Co Dividend Payout Ratio Related Terms

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

Luoyang JALON Micro-nano New Materials Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Luoyang JALON Micro-nano New Materials Co Ltd (SHSE:688357) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Junmin Road, Industrial Cluster District, Henan, Yanshi, CHN, 471900

Website

http://www.jlchem.cn

Luoyang JALON Micro-nano New Materials Co Ltd is a manufacturer of Molecular Sieves, Molecular Sieve Powders and Synthetic Zeolite Powders. The company produces and sells adsorbent materials; catalytic materials; industrial sodium chloride; and chemical products. Its products are used in Hydrogen Purification, Medical & Industrial Oxygen Concentrator, Cryogenic Air Separation, Coating, Sealants, Adhesives, Natural Gas Dehydration and Sweetening, Refinery, Air Break System, Insulating Glass, Refrigerant Dehydration, and Ethanol Dehydration.

Executives

Xu Shi Ye	Core technical personnel
Wang Yu Feng	Core technical personnel
Bai Pu	Senior management, core technical personnel
Guo Yan Xia	Core technical personnel
Zhang Yan	Core technical personnel
Liu Qiao Xiang	Supervisors
Li Jian Bo	Director
Zhang Jing Tao	senior management
Ning Hong Bo	Supervisors
Li Chao Feng	Directors, senior managers

Luoyang JALON Micro-nano New Materials Co Headlines

No Headlines