Shandong Donghong Pipe Industry Co (SHSE:603856) 3-Year Dividend Growth Rate : -9.70% (As of Mar. 2024)

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What is Shandong Donghong Pipe Industry Co 3-Year Dividend Growth Rate?

Shandong Donghong Pipe Industry Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

The historical rank and industry rank for Shandong Donghong Pipe Industry Co's 3-Year Dividend Growth Rate or its related term are showing as below:

SHSE:603856' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -9.7 Med: -5 Max: 37.7
Current: -9.7

During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of Shandong Donghong Pipe Industry Co was 37.70% per year. The lowest was -9.70% per year. And the median was -5.00% per year.

SHSE:603856's 3-Year Dividend Growth Rate is ranked worse than
82.16% of 583 companies
in the Construction industry
Industry Median: 9.1 vs SHSE:603856: -9.70

During the past 12 months, Shandong Donghong Pipe Industry Co's average Dividends Per Share Growth Rate was 12.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -9.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.90% 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.

Shandong Donghong Pipe Industry Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, Shandong Donghong Pipe Industry Co's Dividend Yield % is 1.57%.

Good Sign:

Shandong Donghong Pipe Industry Co Ltd stock dividend yield is close to 1-year high.

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

Competitive Comparison of Shandong Donghong Pipe Industry Co's 3-Year Dividend Growth Rate

For the Building Products & Equipment subindustry, Shandong Donghong Pipe Industry 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.

Shandong Donghong Pipe Industry Co's 3-Year Dividend Growth Rate Distribution in the Construction Industry

For the Construction industry and Industrials sector, Shandong Donghong Pipe Industry Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Shandong Donghong Pipe Industry Co's 3-Year Dividend Growth Rate falls into.

Shandong Donghong Pipe Industry 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.

Shandong Donghong Pipe Industry Co (SHSE:603856) 3-Year Dividend Growth Rate Explanation

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

Shandong Donghong Pipe Industry 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	/	0.142
	=	0.00

During the past 12 years, the highest Dividend Payout Ratio of Shandong Donghong Pipe Industry Co was 0.77. The lowest was 0.20. And the median was 0.28.

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

During the past 12 years, the highest Dividend Yield of Shandong Donghong Pipe Industry Co was 3.45%. The lowest was 0.72%. And the median was 1.52%.

Good Sign:

Shandong Donghong Pipe Industry Co Ltd stock dividend yield is close to 1-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.

Shandong Donghong Pipe Industry Co 3-Year Dividend Growth Rate Related Terms>

Shandong Donghong Pipe Industry Co (SHSE:603856) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shandong Donghong Pipe Industry Co Ltd (SHSE:603856) » Definitions » 3-Year Dividend Growth Rate

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Address

No.1 Donghong Road, Shandong Province, Qufu, CHN, 273100

Website

http://www.dhguanye.com

Shandong Donghong Pipe Industry Co Ltd is engaged in the research and development, manufacturing and service of an intelligent pipeline system in China. Its products line includes steel mesh skeleton plastic composite pipes, super wear-resisting composite pipes, HDPE gas pipes, plastic-coated steel pipes, polyethylene pipes for underground coal mining, and other products.

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