GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Glorious Sun Enterprises Ltd (HKSE:00393) » Definitions » 3-Year Dividend Growth Rate

Glorious Sun Enterprises (HKSE:00393) 3-Year Dividend Growth Rate : 4.90% (As of Dec. 2023)


View and export this data going back to 1996. Start your Free Trial

What is Glorious Sun Enterprises 3-Year Dividend Growth Rate?

Glorious Sun Enterprises's Dividends per Share for the six months ended in Dec. 2023 was HK$0.02.

The historical rank and industry rank for Glorious Sun Enterprises's 3-Year Dividend Growth Rate or its related term are showing as below:

HKSE:00393' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -22.4   Med: 2.1   Max: 15.6
Current: 4.9

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Glorious Sun Enterprises was 15.60% per year. The lowest was -22.40% per year. And the median was 2.10% per year.

HKSE:00393's 3-Year Dividend Growth Rate is ranked worse than
73.67% of 338 companies
in the Business Services industry
Industry Median: 12.4 vs HKSE:00393: 4.90

During the past 3 years, the average Dividends Per Share Growth Rate was 4.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -7.00% 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.

Glorious Sun Enterprises's Dividend Payout Ratio for the six months ended in Dec. 2023 was 1.18. As of today, Glorious Sun Enterprises's Dividend Yield % is 7.23%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Glorious Sun Enterprises Ltd is 2.07, which seems too high.

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


Competitive Comparison of Glorious Sun Enterprises's 3-Year Dividend Growth Rate

For the Consulting Services subindustry, Glorious Sun Enterprises'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.


Glorious Sun Enterprises's 3-Year Dividend Growth Rate Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Glorious Sun Enterprises's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Glorious Sun Enterprises's 3-Year Dividend Growth Rate falls into.



Glorious Sun Enterprises 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.


Glorious Sun Enterprises  (HKSE:00393) 3-Year Dividend Growth Rate Explanation

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

Glorious Sun Enterprises's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.02/ 0.017
=1.18

During the past 13 years, the highest Dividend Payout Ratio of Glorious Sun Enterprises was 2.45. The lowest was 0.64. And the median was 1.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Glorious Sun Enterprises Ltd is 2.07, which seems too high.

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

Glorious Sun Enterprises Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
HKD 0.0480002024-05-282024-05-302024-06-19Cash Dividendsemi-annuallyHKD:HKD 1.000000
HKD 0.0200002023-09-142023-09-182023-09-28Cash Dividendsemi-annuallyHKD:HKD 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.

Glorious Sun Enterprises's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.068/0.94
=7.23 %

Current Share Price is HK$0.94.
Glorious Sun Enterprises's Dividends per Share for the trailing twelve months (TTM) ended in Today is HK$0.068.

During the past 13 years, the highest Dividend Yield of Glorious Sun Enterprises was 12.53%. The lowest was 6.00%. And the median was 7.18%.

* 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.


Glorious Sun Enterprises 3-Year Dividend Growth Rate Related Terms>


Glorious Sun Enterprises (HKSE:00393) Business Description

Traded in Other Exchanges
Address
1 Wang Yuen Street, 38th Floor, One Kowloon, Kowloon Bay, HKG
Glorious Sun Enterprises Ltd is an investment holding company engaged in financial investments, interior decoration and renovation, and export and retailing of casual wear. It is engaged in the business segments of Financial investments; Interior decoration and renovation; Export operations; Retail, franchise, and others. The interior decoration and renovation segment, which is the key revenue-generating segment, engages in the interior decoration and renovation, and the sale of the furniture business. The group derives revenue from Mainland China, Hong Kong, Australia and New Zealand, the U.S., Canada, and other countries.
Executives
Glorious Sun Holdings (bvi) Limited
Cheung Wai Yee
Yeung Chun Fan
Yeung Chun Kam

Glorious Sun Enterprises (HKSE:00393) Headlines

No Headlines