MLS Co (SZSE:002745) Dividend Payout Ratio : 4.63 (As of Jun. 2024)

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What is MLS 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. MLS Co's Dividend Payout Ratio for the months ended in Jun. 2024 was 4.63.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of MLS Co Ltd is 0.93, which seems too high.

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

SZSE:002745' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.13 Med: 0.37 Max: 1.79
Current: 0.93

During the past 13 years, the highest Dividend Payout Ratio of MLS Co was 1.79. The lowest was 0.13. And the median was 0.37.

SZSE:002745's Dividend Payout Ratio is ranked worse than
80.39% of 1173 companies
in the Hardware industry
Industry Median: 0.46 vs SZSE:002745: 0.93

As of today (2024-10-09), the Dividend Yield % of MLS Co is 3.61%.

During the past 13 years, the highest Trailing Annual Dividend Yield of MLS Co was 4.93%. The lowest was 0.30%. And the median was 1.09%.

MLS Co's Dividends per Share for the months ended in Jun. 2024 was ¥0.34.

During the past 12 months, MLS Co's average Dividends Per Share Growth Rate was 238.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -12.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -15.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of MLS Co was 47.70% per year. The lowest was -26.90% per year. And the median was 11.40% 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.

MLS Co Dividend Payout Ratio Historical Data

The historical data trend for MLS 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.

MLS Co Dividend Payout Ratio Chart

MLS Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

Get a 7-Day Free Trial

0.34

0.68

0.18

1.38

0.37

MLS 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															1.61	-	-	-	4.63

Competitive Comparison of MLS Co's Dividend Payout Ratio

For the Electronic Components subindustry, MLS 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.

MLS Co's Dividend Payout Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, MLS Co's Dividend Payout Ratio distribution charts can be found below:

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

MLS Co Dividend Payout Ratio Calculation

MLS 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 )
	=	0.1	/	0.27
	=	0.37

MLS 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 )
	=	0.338	/	0.073
	=	4.63

MLS Co (SZSE:002745) 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.

MLS Co Dividend Payout Ratio Related Terms

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

MLS Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » MLS Co Ltd (SZSE:002745) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.1 MLS Road, Xiaolan Town, Zhongshan, Guangdong, CHN, 528415

Website

http://www.zsmls.com

MLS Co Ltd is a China-based company engages in the manufacturing and packaging of LED light bulbs. It offers LED ceiling lights, road lights, kitchen lamps, downlights, candle lights, bulb lights, tube lights, rail lamps, grille lamps, filament bulbs, and diodes, as well as light strip. Its products are widely used in commercial lighting, home lighting, industrial and public lighting. The company distributes its products in domestic market and to overseas markets.

Executives

Sun Qing Huan	Directors, executives
Zhou Li Hong	Directors, executives
Zheng Ming Bo	Directors, executives
Li Guan Qun	Executives
Xiao Yan Song	Secretary Dong
Liu Tian Ming	Supervisors
Yi Ya Nan	Directors, executives
Wang Gang	Independent director

MLS Co Headlines

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