Shenzhen Megmeet Electrical Co (SZSE:002851) 3-Year Dividend Growth Rate : -32.10% (As of Mar. 2024)

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What is Shenzhen Megmeet Electrical Co 3-Year Dividend Growth Rate?

Shenzhen Megmeet Electrical Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

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

SZSE:002851' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -32.1 Med: 22.5 Max: 36.4
Current: -32.1

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Shenzhen Megmeet Electrical Co was 36.40% per year. The lowest was -32.10% per year. And the median was 22.50% per year.

SZSE:002851's 3-Year Dividend Growth Rate is ranked worse than
96.39% of 1079 companies
in the Industrial Products industry
Industry Median: 13.4 vs SZSE:002851: -32.10

During the past 12 months, Shenzhen Megmeet Electrical Co's average Dividends Per Share Growth Rate was -68.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -32.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.20% 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.

Shenzhen Megmeet Electrical Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, Shenzhen Megmeet Electrical Co's Dividend Yield % is 0.19%.

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

Competitive Comparison of Shenzhen Megmeet Electrical Co's 3-Year Dividend Growth Rate

For the Specialty Industrial Machinery subindustry, Shenzhen Megmeet Electrical 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.

Shenzhen Megmeet Electrical Co's 3-Year Dividend Growth Rate Distribution in the Industrial Products Industry

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

* The bar in red indicates where Shenzhen Megmeet Electrical Co's 3-Year Dividend Growth Rate falls into.

Shenzhen Megmeet Electrical 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.

Shenzhen Megmeet Electrical Co (SZSE:002851) 3-Year Dividend Growth Rate Explanation

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

Shenzhen Megmeet Electrical 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	/	0.272
	=	0.00

During the past 13 years, the highest Dividend Payout Ratio of Shenzhen Megmeet Electrical Co was 0.32. The lowest was 0.05. And the median was 0.21.

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 Shenzhen Megmeet Electrical Co was 0.91%. The lowest was 0.14%. And the median was 0.47%.

* 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.

Shenzhen Megmeet Electrical Co 3-Year Dividend Growth Rate Related Terms>

Shenzhen Megmeet Electrical Co (SZSE:002851) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shenzhen Megmeet Electrical Co Ltd (SZSE:002851) » Definitions » 3-Year Dividend Growth Rate

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 13 Langshan Road, Tsinghua Unisplendour Technology Park, A, B, C501-503, D, E, 5th Floor, High-tech Zone, North District, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057

Website

http://www.megmeet.com

Shenzhen Megmeet Electrical Co Ltd is a provider of industrial automation and power supply solutions. It operates in the areas of Industrial automation and control, Smart home appliances, and Custom power supplies. Industrial automation and control area includes motor drive, editable logic controller, new energy automotive motor drive, and industrial digital intelligent welding machine. Smart home appliances comprise flat panel display power supply, inverter air conditioner power converter, frequency conversion microwave oven power converter, and others. Custom power supplies include industrial microwave power, new energy vehicle power, electric power, LED color screen power supply, and others. The company has a business presence in China, and other international countries.

Executives

Tong Yong Sheng	Directors, executives
Zhang Zhi	Directors, executives
Wang Tao	Directors, executives
Wang Xue Fen	Director
Shen Chu Chun	Executives
Wang Yong Feng	Supervisors

Shenzhen Megmeet Electrical Co (SZSE:002851) Headlines

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