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Ningbo Jintian Copper Group Co (SHSE:601609) 3-Year Dividend Growth Rate : -3.70% (As of Mar. 2024)


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What is Ningbo Jintian Copper Group Co 3-Year Dividend Growth Rate?

Ningbo Jintian Copper Group Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

The historical rank and industry rank for Ningbo Jintian Copper Group Co's 3-Year Dividend Growth Rate or its related term are showing as below:

SHSE:601609' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -3.7   Med: -3.7   Max: -3.7
Current: -3.7

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of Ningbo Jintian Copper Group Co was -3.70% per year. The lowest was -3.70% per year. And the median was -3.70% per year.

SHSE:601609's 3-Year Dividend Growth Rate is ranked worse than
86.34% of 183 companies
in the Metals & Mining industry
Industry Median: 22.1 vs SHSE:601609: -3.70

During the past 12 months, Ningbo Jintian Copper Group Co's average Dividends Per Share Growth Rate was -17.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -3.70% 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.

Ningbo Jintian Copper Group Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, Ningbo Jintian Copper Group Co's Dividend Yield % is 1.40%.

Warning Sign:

Ningbo Jintian Copper Group Co Ltd stock dividend yield is close to 2-year low.

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


Competitive Comparison of Ningbo Jintian Copper Group Co's 3-Year Dividend Growth Rate

For the Copper subindustry, Ningbo Jintian Copper Group 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.


Ningbo Jintian Copper Group Co's 3-Year Dividend Growth Rate Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Ningbo Jintian Copper Group Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Ningbo Jintian Copper Group Co's 3-Year Dividend Growth Rate falls into.



Ningbo Jintian Copper Group 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.


Ningbo Jintian Copper Group Co  (SHSE:601609) 3-Year Dividend Growth Rate Explanation

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

Ningbo Jintian Copper Group Co'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/ 0.087
=0.00

During the past 11 years, the highest Dividend Payout Ratio of Ningbo Jintian Copper Group Co was 0.85. The lowest was 0.23. And the median was 0.29.

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

Ningbo Jintian Copper Group Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.0910002023-06-142023-06-132023-06-14Cash DividendannuallyCNY:CNY 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.

Ningbo Jintian Copper Group Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.091/6.48
=1.40 %

Current Share Price is ¥6.48.
Ningbo Jintian Copper Group Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.091.

During the past 11 years, the highest Dividend Yield of Ningbo Jintian Copper Group Co was 2.40%. The lowest was 0.82%. And the median was 1.36%.

Warning Sign:

Ningbo Jintian Copper Group Co Ltd 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.


Ningbo Jintian Copper Group Co 3-Year Dividend Growth Rate Related Terms>


Ningbo Jintian Copper Group Co (SHSE:601609) Business Description

Traded in Other Exchanges
N/A
Address
No.1 West West Road, Cicheng Town, Zhejiang Province, Ningbo, CHN, 315034
Ningbo Jintian Copper Group Co Ltd is engaged in production and sales of recycled copper smelting, copper product processing, deep processing and sintered NdFeB permanent magnet materials. Its activity includes nonferrous and ferrous metal rolling, processing; manufacturing and processing of grinding wheels, wires, motors, hardware, valves, electronic components, fasteners; enameled wire, electrolytic copper, copper rods, plates, tapes, wires, tubes, magnetic materials, stainless steel products.

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