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China Mengniu Dairy Co (China Mengniu Dairy Co) 3-Year Dividend Growth Rate

: 28.40% (As of Jun. 2023)
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China Mengniu Dairy Co's Dividends per Share for the six months ended in Jun. 2023 was $0.57.

The historical rank and industry rank for China Mengniu Dairy Co's 3-Year Dividend Growth Rate or its related term are showing as below:

CIADY' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -6.7   Med: 11.4   Max: 38.3
Current: 28.4

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of China Mengniu Dairy Co was 38.30% per year. The lowest was -6.70% per year. And the median was 11.40% per year.

CIADY's 3-Year Dividend Growth Rate is ranked better than
81.1% of 656 companies
in the Consumer Packaged Goods industry
Industry Median: 7.7 vs CIADY: 28.40

During the past 3 years, the average Dividends Per Share Growth Rate was 28.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 31.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 12.30% 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.

China Mengniu Dairy Co's Dividend Payout Ratio for the six months ended in Jun. 2023 was 0.52. As of today, China Mengniu Dairy Co's Dividend Yield % is 2.80%.

Good Sign:

China Mengniu Dairy Co Ltd stock dividend yield is close to 10-year high.

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


Competitive Comparison

For the Packaged Foods subindustry, China Mengniu Dairy 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.


China Mengniu Dairy Co 3-Year Dividend Growth Rate Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, China Mengniu Dairy Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where China Mengniu Dairy Co's 3-Year Dividend Growth Rate falls into.



China Mengniu Dairy 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.


China Mengniu Dairy Co  (OTCPK:CIADY) 3-Year Dividend Growth Rate Explanation

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

China Mengniu Dairy Co's Dividend Payout Ratio for the quarter that ended in Jun. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2023 )/ EPS without NRI (Q: Jun. 2023 )
=0.574/ 1.11
=0.52

During the past 13 years, the highest Dividend Payout Ratio of China Mengniu Dairy Co was 0.49. The lowest was 0.15. And the median was 0.18.

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

China Mengniu Dairy Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.5662023-06-082023-06-092023-07-06Cash DividendannuallyUSD:USD 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.

China Mengniu Dairy Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.566/20.21
=2.80 %

Current Share Price is $20.21.
China Mengniu Dairy Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.566.

During the past 13 years, the highest Dividend Yield of China Mengniu Dairy Co was 2.82%. The lowest was 0.37%. And the median was 0.70%.

Good Sign:

China Mengniu Dairy 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.


China Mengniu Dairy Co 3-Year Dividend Growth Rate Related Terms>


China Mengniu Dairy Co (China Mengniu Dairy Co) Business Description

Traded in Other Exchanges
Address
262 Gloucester Road, Causeway Bay, 32nd Floor, COFCO Tower, Hong Kong, HKG
China Mengniu Dairy, or Mengniu, is China's second-largest dairy producer by market share. The company produces a wide range of dairy products including liquid milk, ice cream, milk formula and cheese. Liquid milk, composed of milk, milk beverages and yogurt, contributed close to 80% of Mengniu's revenue in 2022. Flagship lineups include Deluxe, Mengniu Pure Milk, Just Yogurt and Yoyi C. Mengniu also owns two infant formula brands including Yashili and Bellamy as well as Milkground, a cheese brand.

China Mengniu Dairy Co (China Mengniu Dairy Co) Headlines

From GuruFocus

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