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Maider Medical Industry Equipment Co (SHSE:688310) 3-Year Dividend Growth Rate : 24.20% (As of Sep. 2024)


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What is Maider Medical Industry Equipment Co 3-Year Dividend Growth Rate?

Maider Medical Industry Equipment Co's Dividends per Share for the three months ended in Sep. 2024 was ¥0.00.

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

SHSE:688310' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 24.2   Med: 24.2   Max: 24.2
Current: 24.2

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of Maider Medical Industry Equipment Co was 24.20% per year. The lowest was 24.20% per year. And the median was 24.20% per year.

SHSE:688310's 3-Year Dividend Growth Rate is ranked better than
65.26% of 190 companies
in the Medical Devices & Instruments industry
Industry Median: 11.9 vs SHSE:688310: 24.20

During the past 12 months, Maider Medical Industry Equipment Co's average Dividends Per Share Growth Rate was 45.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 24.20% 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.

Maider Medical Industry Equipment Co's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.00. As of today, Maider Medical Industry Equipment Co's Dividend Yield % is 4.69%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Maider Medical Industry Equipment Co Ltd is 2.40, which seems too high.

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


Competitive Comparison of Maider Medical Industry Equipment Co's 3-Year Dividend Growth Rate

For the Medical Instruments & Supplies subindustry, Maider Medical Industry Equipment 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.


Maider Medical Industry Equipment Co's 3-Year Dividend Growth Rate Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Maider Medical Industry Equipment Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Maider Medical Industry Equipment Co's 3-Year Dividend Growth Rate falls into.



Maider Medical Industry Equipment 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.


Maider Medical Industry Equipment Co  (SHSE:688310) 3-Year Dividend Growth Rate Explanation

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

Maider Medical Industry Equipment Co's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=0/ -0.011
=N/A

During the past 11 years, the highest Dividend Payout Ratio of Maider Medical Industry Equipment Co was 2.40. The lowest was 0.52. And the median was 0.60.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Maider Medical Industry Equipment Co Ltd is 2.40, which seems too high.

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

Maider Medical Industry Equipment Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.5000002024-06-122024-06-112024-06-12Cash 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.

Maider Medical Industry Equipment Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.5/10.66
=4.69 %

Current Share Price is ¥10.66.
Maider Medical Industry Equipment Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.5.

During the past 11 years, the highest Dividend Yield of Maider Medical Industry Equipment Co was 5.31%. The lowest was 0.74%. And the median was 1.48%.

* 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.


Maider Medical Industry Equipment Co 3-Year Dividend Growth Rate Related Terms>


Maider Medical Industry Equipment Co Business Description

Traded in Other Exchanges
N/A
Address
No.3 Tianyou Road, Binggang Industrial Zone, Yuhuan County, Zhejiang, Taizhou, CHN, 317607
Maider Medical Industry Equipment Co Ltd is engaged in designing, Research & Development, manufacturing and sales of medical products assembly automation line. It provides automation for customers in the field of medical products, to realize substitution for human labour with equipments, improve production efficiency and promote transformation as well as upgrading of medical products industry.
Executives
Zheng Long Core technical personnel
Lin Jun Hui Directors, senior managers
Luo Jian Core technical personnel
Lin Dong Directors, senior managers
Liu Xue Tao Director
Lin Jun Hua Directors, senior managers, core technical personnel
Zhou Da Wei Core technical personnel

Maider Medical Industry Equipment Co Headlines

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