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Gulf Cable & Electrical Industries Co KSC (KUW:CABLE) 3-Year Dividend Growth Rate : 14.50% (As of Mar. 2024)


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What is Gulf Cable & Electrical Industries Co KSC 3-Year Dividend Growth Rate?

Gulf Cable & Electrical Industries Co KSC's Dividends per Share for the three months ended in Mar. 2024 was KWD0.00.

The historical rank and industry rank for Gulf Cable & Electrical Industries Co KSC's 3-Year Dividend Growth Rate or its related term are showing as below:

KUW:CABLE' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -35.1   Med: 11.1   Max: 30.5
Current: 14.5

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Gulf Cable & Electrical Industries Co KSC was 30.50% per year. The lowest was -35.10% per year. And the median was 11.10% per year.

KUW:CABLE's 3-Year Dividend Growth Rate is ranked better than
54.03% of 1079 companies
in the Industrial Products industry
Industry Median: 13.4 vs KUW:CABLE: 14.50

During the past 3 years, the average Dividends Per Share Growth Rate was 14.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 22.10% 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.

Gulf Cable & Electrical Industries Co KSC's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, Gulf Cable & Electrical Industries Co KSC's Dividend Yield % is 4.33%.

Warning Sign:

Gulf Cable & Electrical Industries Co KSC stock dividend yield is close to 2-year low.

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


Competitive Comparison of Gulf Cable & Electrical Industries Co KSC's 3-Year Dividend Growth Rate

For the Electrical Equipment & Parts subindustry, Gulf Cable & Electrical Industries Co KSC'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.


Gulf Cable & Electrical Industries Co KSC's 3-Year Dividend Growth Rate Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gulf Cable & Electrical Industries Co KSC's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Gulf Cable & Electrical Industries Co KSC's 3-Year Dividend Growth Rate falls into.



Gulf Cable & Electrical Industries Co KSC 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.


Gulf Cable & Electrical Industries Co KSC  (KUW:CABLE) 3-Year Dividend Growth Rate Explanation

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

Gulf Cable & Electrical Industries Co KSC'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/ 0.051
=0.00

During the past 13 years, the highest Dividend Payout Ratio of Gulf Cable & Electrical Industries Co KSC was 1.67. The lowest was 0.47. And the median was 0.74.

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

Gulf Cable & Electrical Industries Co KSC Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
KWD 0.0650002024-05-092024-05-132024-05-20Cash DividendannuallyKWD:KWD 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.

Gulf Cable & Electrical Industries Co KSC's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.065/1.49
=4.36 %

Current Share Price is KWD1.49.
Gulf Cable & Electrical Industries Co KSC's Dividends per Share for the trailing twelve months (TTM) ended in Today is KWD0.065.

During the past 13 years, the highest Dividend Yield of Gulf Cable & Electrical Industries Co KSC was 12.06%. The lowest was 2.45%. And the median was 4.94%.

Warning Sign:

Gulf Cable & Electrical Industries Co KSC stock dividend yield is close to 2-year low.

* 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.


Gulf Cable & Electrical Industries Co KSC 3-Year Dividend Growth Rate Related Terms>


Gulf Cable & Electrical Industries Co KSC (KUW:CABLE) Business Description

Traded in Other Exchanges
N/A
Address
Khalaf Al-Ahmar Street, P.O. Box 1196, Sulaibiya Area No. 1, Sulaibiya Industrial Area, Opposite to KPTC Warehouse, Kuwait, KWT, 13012
Gulf Cable & Electrical Industries Co KSC is a manufacturer and supplier of electrical and telephone cables, electrical transformers, switches and distribution panels, and aluminum chips. The group has three operating segments: Cable manufacture; Investment and Rendering services. The Cable manufacture segment contributes the maximum revenue. Its product range includes medium and low voltage power cables, control cables, bare conductors, telephone, communication and instrumentation cables.

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