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Everbright Grand China Assets (HKSE:03699) 3-Year Dividend Growth Rate : 12.30% (As of Dec. 2023)


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What is Everbright Grand China Assets 3-Year Dividend Growth Rate?

Everbright Grand China Assets's Dividends per Share for the six months ended in Dec. 2023 was HK$0.01.

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

HKSE:03699' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 12.3   Med: 12.3   Max: 12.3
Current: 12.3

During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of Everbright Grand China Assets was 12.30% per year. The lowest was 12.30% per year. And the median was 12.30% per year.

HKSE:03699's 3-Year Dividend Growth Rate is ranked better than
66.01% of 562 companies
in the Real Estate industry
Industry Median: 4.8 vs HKSE:03699: 12.30

During the past 12 months, Everbright Grand China Assets's average Dividends Per Share Growth Rate was 183.30% per year. During the past 3 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.

Everbright Grand China Assets's Dividend Payout Ratio for the six months ended in Dec. 2023 was 1.09. As of today, Everbright Grand China Assets's Dividend Yield % is 8.76%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Everbright Grand China Assets Ltd is 0.77, which seems too high.

Good Sign:

Everbright Grand China Assets Ltd stock dividend yield is close to 5-year high.

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


Competitive Comparison of Everbright Grand China Assets's 3-Year Dividend Growth Rate

For the Real Estate Services subindustry, Everbright Grand China Assets'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.


Everbright Grand China Assets's 3-Year Dividend Growth Rate Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Everbright Grand China Assets's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Everbright Grand China Assets's 3-Year Dividend Growth Rate falls into.



Everbright Grand China Assets 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.


Everbright Grand China Assets  (HKSE:03699) 3-Year Dividend Growth Rate Explanation

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

Everbright Grand China Assets'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 )
=0.012/ 0.011
=1.09

During the past 10 years, the highest Dividend Payout Ratio of Everbright Grand China Assets was 0.77. The lowest was 0.21. And the median was 0.32.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Everbright Grand China Assets Ltd is 0.77, which seems too high.

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

Everbright Grand China Assets Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
HKD 0.0116002023-09-222023-09-262023-10-18Cash Dividendsemi-annuallyHKD:HKD 1.000000
HKD 0.0217002023-06-212023-06-262023-07-14Cash DividendannuallyHKD: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.

Everbright Grand China Assets's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.0333/0.38
=8.76 %

Current Share Price is HK$0.38.
Everbright Grand China Assets's Dividends per Share for the trailing twelve months (TTM) ended in Today is HK$0.0333.

During the past 10 years, the highest Dividend Yield of Everbright Grand China Assets was 9.32%. The lowest was 2.40%. And the median was 4.44%.

Good Sign:

Everbright Grand China Assets Ltd stock dividend yield is close to 5-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.


Everbright Grand China Assets 3-Year Dividend Growth Rate Related Terms>


Everbright Grand China Assets (HKSE:03699) Business Description

Traded in Other Exchanges
N/A
Address
56 Gloucester Road, Room 1302, 13th Floor, Bank of East Asia Harbour View Centre, Wanchai, Hong Kong, HKG
Everbright Grand China Assets Ltd is a property management company engaged in property leasing, provision of property management services, and sales of properties held for sale. The Group's leasing properties are located in Chengdu, Sichuan province, and Kunming, Yunnan province in the PRC.

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