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Qingdao Weflo Valve Co (SZSE:002871) 3-Year Dividend Growth Rate : 7.90% (As of Mar. 2024)


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What is Qingdao Weflo Valve Co 3-Year Dividend Growth Rate?

Qingdao Weflo Valve Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

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

SZSE:002871' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 7.9   Med: 36.4   Max: 36.5
Current: 7.9

During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of Qingdao Weflo Valve Co was 36.50% per year. The lowest was 7.90% per year. And the median was 36.40% per year.

SZSE:002871's 3-Year Dividend Growth Rate is ranked worse than
62.37% of 1079 companies
in the Industrial Products industry
Industry Median: 13.4 vs SZSE:002871: 7.90

During the past 12 months, Qingdao Weflo Valve Co's average Dividends Per Share Growth Rate was 11.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 7.90% per year. During the past 5 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.

Qingdao Weflo Valve Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, Qingdao Weflo Valve Co's Dividend Yield % is 3.81%.

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


Competitive Comparison of Qingdao Weflo Valve Co's 3-Year Dividend Growth Rate

For the Specialty Industrial Machinery subindustry, Qingdao Weflo Valve 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.


Qingdao Weflo Valve Co's 3-Year Dividend Growth Rate Distribution in the Industrial Products Industry

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

* The bar in red indicates where Qingdao Weflo Valve Co's 3-Year Dividend Growth Rate falls into.



Qingdao Weflo Valve 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.


Qingdao Weflo Valve Co  (SZSE:002871) 3-Year Dividend Growth Rate Explanation

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

Qingdao Weflo Valve 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/ 0.078
=0.00

During the past 12 years, the highest Dividend Payout Ratio of Qingdao Weflo Valve Co was 1.25. The lowest was 0.33. And the median was 0.61.

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

Qingdao Weflo Valve Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.3000002024-06-112024-06-072024-06-11Cash 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.

Qingdao Weflo Valve Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.3/7.87
=3.81 %

Current Share Price is ¥7.87.
Qingdao Weflo Valve Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.3.

During the past 12 years, the highest Dividend Yield of Qingdao Weflo Valve Co was 4.42%. The lowest was 0.68%. And the median was 2.53%.

* 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.


Qingdao Weflo Valve Co 3-Year Dividend Growth Rate Related Terms>


Qingdao Weflo Valve Co (SZSE:002871) Business Description

Traded in Other Exchanges
N/A
Address
No. 45 Xinghe Road, Jimo City Blue Village, Shandong Province, Qingdao City, CHN, 266111
Qingdao Weflo Valve Co Ltd is a high-tech enterprise specializing in design, development, manufacturing and sales of water supply and drainage valve products. Its products portfolio includes butterfly valves, fire valves, multi-function valves, globe valves, check valves, ball valves, rubber joints, filters, exhaust valves, balance valves and bottom valves. Its products are mainly used in the urban water supply and drainage systems, firefighting water supply systems, heating ventilation air conditioning (HVAC) systems and sewage treatment systems, among others.
Executives
Li Hui Jun Director
Qu Hui Cheng Executives
Zhang Hui Ting Executives
Guo Cheng Ni Executives
Wang Zhao Jian Executives
Fan Qing Wei Director
Zhao Xiang Securities Affairs Representative
Liu Ke Ping Directors, executives
Cui Xing Jian Executives

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