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Zhongyeda Electric Co (SZSE:002441) 3-Year Dividend Growth Rate : 16.70% (As of Mar. 2024)


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What is Zhongyeda Electric Co 3-Year Dividend Growth Rate?

Zhongyeda Electric Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

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

SZSE:002441' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -13.8   Med: 16.7   Max: 40.1
Current: 16.7

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Zhongyeda Electric Co was 40.10% per year. The lowest was -13.80% per year. And the median was 16.70% per year.

SZSE:002441's 3-Year Dividend Growth Rate is ranked better than
59.22% of 1096 companies
in the Industrial Products industry
Industry Median: 12.45 vs SZSE:002441: 16.70

During the past 3 years, the average Dividends Per Share Growth Rate was 16.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 22.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 11.80% 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.

Zhongyeda Electric Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, Zhongyeda Electric Co's Dividend Yield % is 4.01%.

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


Competitive Comparison of Zhongyeda Electric Co's 3-Year Dividend Growth Rate

For the Specialty Industrial Machinery subindustry, Zhongyeda Electric 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.


Zhongyeda Electric Co's 3-Year Dividend Growth Rate Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhongyeda Electric Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Zhongyeda Electric Co's 3-Year Dividend Growth Rate falls into.



Zhongyeda Electric 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.


Zhongyeda Electric Co  (SZSE:002441) 3-Year Dividend Growth Rate Explanation

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

Zhongyeda Electric 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/ 0.257
=0.00

During the past 13 years, the highest Dividend Payout Ratio of Zhongyeda Electric Co was 0.78. The lowest was 0.28. And the median was 0.42.

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

Zhongyeda Electric Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.3500002023-07-062023-07-052023-07-06Cash 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.

Zhongyeda Electric Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.35/8.72
=4.01 %

Current Share Price is ¥8.72.
Zhongyeda Electric Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.35.

During the past 13 years, the highest Dividend Yield of Zhongyeda Electric Co was 7.39%. The lowest was 0.35%. And the median was 1.98%.

* 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.


Zhongyeda Electric Co 3-Year Dividend Growth Rate Related Terms>


Zhongyeda Electric Co (SZSE:002441) Business Description

Traded in Other Exchanges
N/A
Address
No.62, Hengshan Road, Longhu District, Guangdong Province, Shantou, CHN, 515041
Zhongyeda Electric Co Ltd is a distributor of industrial electrical products. The company's main business is the distribution of industrial electrical component products of contracted suppliers through its own sales network, as well as the production and sales of system integration products and complete manufacturing products. Its products include low-voltage electrical products, medium voltage electrical products, industrial control products and others.
Executives
Yang Song Directors, executives
Wang Bao Yu Directors, executives
Lin Jing Supervisors
Chen Dai Ai Supervisors
Li Xiao Yong Director
Wu Kai Xian Directors, executives
Zhang Ying Supervisors
Ke Ni Xiang Executives
Wang Zong Cheng Director
Wang Pei Qing Executives

Zhongyeda Electric Co (SZSE:002441) Headlines

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