Fortune Rise Acquisition (Fortune Rise Acquisition) 3-Year Dividend Growth Rate : 0.00% (As of Mar. 2024)

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What is Fortune Rise Acquisition 3-Year Dividend Growth Rate?

Fortune Rise Acquisition's Dividends per Share for the three months ended in Mar. 2024 was $0.00.

The historical rank and industry rank for Fortune Rise Acquisition's 3-Year Dividend Growth Rate or its related term are showing as below:

FRLAU's 3-Year Dividend Growth Rate is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 17
* Ranked among companies with meaningful 3-Year Dividend Growth Rate only.

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.

Fortune Rise Acquisition's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, Fortune Rise Acquisition's Dividend Yield % is 0.00%.

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

Competitive Comparison of Fortune Rise Acquisition's 3-Year Dividend Growth Rate

For the Shell Companies subindustry, Fortune Rise Acquisition'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.

Fortune Rise Acquisition's 3-Year Dividend Growth Rate Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Fortune Rise Acquisition's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Fortune Rise Acquisition's 3-Year Dividend Growth Rate falls into.

Fortune Rise Acquisition 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.

Fortune Rise Acquisition (NAS:FRLAU) 3-Year Dividend Growth Rate Explanation

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

Fortune Rise Acquisition'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
	=	N/A

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

* 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.