The historical rank and industry rank for Ningbo Menovo Pharmaceutical Co's 3-Year Dividend Growth Rate or its related term are showing as below:
SHSE:603538'
s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 11.6 Med: 19.7 Max: 27.8
Current: 27.8
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ningbo Menovo Pharmaceutical Co was 27.80% per year. The lowest was 11.60% per year. And the median was 19.70% per year.
SHSE:603538's 3-Year Dividend Growth Rate is ranked better than 75.08% of 317
companies
in the Drug Manufacturers industry
Industry Median: 10.2
vs SHSE:603538: 27.80
During the past 12 months, Ningbo Menovo Pharmaceutical Co's average Dividends Per Share Growth Rate was -17.10% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 27.80% 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.
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Ningbo Menovo Pharmaceutical Co Ltd is 2.75, which seems too high.
Good Sign:
Ningbo Menovo Pharmaceutical Co Ltd stock dividend yield is close to 10-year high.
For more information regarding to dividend, please check our Dividend Page.
For the Drug Manufacturers - Specialty & Generic subindustry, Ningbo Menovo Pharmaceutical 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 Menovo Pharmaceutical Co's 3-Year Dividend Growth Rate Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Ningbo Menovo Pharmaceutical Co's 3-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where Ningbo Menovo Pharmaceutical Co's 3-Year Dividend Growth Rate falls into.
Ningbo Menovo Pharmaceutical 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 Menovo Pharmaceutical Co (SHSE:603538) 3-Year Dividend Growth Rate Explanation
1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.
Ningbo Menovo Pharmaceutical Co's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as
During the past 13 years, the highest Dividend Payout Ratio of Ningbo Menovo Pharmaceutical Co was 4.13. The lowest was 0.19. And the median was 0.21.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Ningbo Menovo Pharmaceutical Co Ltd is 2.75, which seems too high.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
During the past 13 years, the highest Dividend Yield of Ningbo Menovo Pharmaceutical Co was 1.38%. The lowest was 0.24%. And the median was 0.75%.
Good Sign:
Ningbo Menovo Pharmaceutical Co Ltd stock dividend yield is close to 10-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.
Ningbo Menovo Pharmaceutical Co 3-Year Dividend Growth Rate Related Terms>
Ningbo Menovo Pharmaceutical Co (SHSE:603538) Business Description
Ningbo Menovo Pharmaceutical Co Ltd is a China-based company is engaged in the research and development, pilot, production and sales of pharmaceutical intermediates, APIs and finished drugs. Its products line includes cardiovascular, central nervous, respiratory, anti-tumor, anti-infective, digestive system, geriatric diseases and anti-viral systems.
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