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Chang Lan Technology Group Co (SZSE:002879) 3-Year Dividend Growth Rate : -10.60% (As of Mar. 2024)


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What is Chang Lan Technology Group Co 3-Year Dividend Growth Rate?

Chang Lan Technology Group Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

The historical rank and industry rank for Chang Lan Technology Group Co's 3-Year Dividend Growth Rate or its related term are showing as below:

SZSE:002879' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -10.6   Med: 3.2   Max: 29.1
Current: -10.6

During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of Chang Lan Technology Group Co was 29.10% per year. The lowest was -10.60% per year. And the median was 3.20% per year.

SZSE:002879's 3-Year Dividend Growth Rate is ranked worse than
85.9% of 1078 companies
in the Industrial Products industry
Industry Median: 13.05 vs SZSE:002879: -10.60

During the past 12 months, Chang Lan Technology Group Co's average Dividends Per Share Growth Rate was -31.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -10.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Chang Lan Technology Group Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, Chang Lan Technology Group Co's Dividend Yield % is 1.89%.

Good Sign:

Chang Lan Technology Group Co Ltd stock dividend yield is close to 10-year high.

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


Competitive Comparison of Chang Lan Technology Group Co's 3-Year Dividend Growth Rate

For the Electrical Equipment & Parts subindustry, Chang Lan Technology Group Co's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.


Chang Lan Technology Group Co's 3-Year Dividend Growth Rate Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chang Lan Technology Group Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Chang Lan Technology Group Co's 3-Year Dividend Growth Rate falls into.



Chang Lan Technology Group Co 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Chang Lan Technology Group Co  (SZSE:002879) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Chang Lan Technology Group 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/ 0.073
=0.00

During the past 12 years, the highest Dividend Payout Ratio of Chang Lan Technology Group Co was 7.33. The lowest was 0.17. And the median was 0.33.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Chang Lan Technology Group Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.2500002024-04-232024-04-222024-04-23Cash DividendannuallyCNY:CNY 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Chang Lan Technology Group Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.25/13.38
=1.87 %

Current Share Price is ¥13.38.
Chang Lan Technology Group Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.25.

During the past 12 years, the highest Dividend Yield of Chang Lan Technology Group Co was 1.89%. The lowest was 0.61%. And the median was 1.24%.

Good Sign:

Chang Lan Technology Group Co Ltd stock dividend yield is close to 10-year high.

* 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.


Chang Lan Technology Group Co 3-Year Dividend Growth Rate Related Terms>


Chang Lan Technology Group Co (SZSE:002879) Business Description

Traded in Other Exchanges
N/A
Address
No. 223, Tonglupo West Road, Shigu Industrial Park, Changsha High-tech Development Zone, Hunan Province, Changsha, CHN, 410205
Chang Lan Technology Group Co Ltd formerly Chang Lan Electric Technology Co Ltd is engaged in research and development, production and sale of cable accessories. It has focusing on the design, manufacturing and construction services of cable accessories for sixty years. The company produces high, medium, and low voltage cable accessories, railway cables, direct current cable accessories, and other products. It supplies its products in electricity, infrastructure construction, and other fields.
Executives
Yu Tao Director
Xue Qi Executives
Yu Zheng Yuan Director
Luo Bing Director
Xie Shi Lin Directors, executives
Li Kai Jun Supervisors
Tan Zu Heng Executives
Guo Zhang Chun Executives
Wu Xiao Lin Directors, executives
Zuo Tian Fang Independent director
Tang Shan Hu Executives
Liu Gang Supervisors

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