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Shenzhen Absen Optoelectronic Co (SZSE:300389) 3-Year Dividend Growth Rate : 0.00% (As of Dec. 2024)


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What is Shenzhen Absen Optoelectronic Co 3-Year Dividend Growth Rate?

Shenzhen Absen Optoelectronic Co's Dividends per Share for the three months ended in Dec. 2024 was ¥0.00.

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

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Shenzhen Absen Optoelectronic Co was 113.10% per year. The lowest was -13.80% per year. And the median was -8.30% per year.

SZSE:300389's 3-Year Dividend Growth Rate is not ranked *
in the Hardware industry.
Industry Median: 11.2
* Ranked among companies with meaningful 3-Year Dividend Growth Rate only.

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 Absen Optoelectronic Co's Dividend Payout Ratio for the three months ended in Dec. 2024 was 0.00. As of today, Shenzhen Absen Optoelectronic Co's Dividend Yield % is 3.10%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Shenzhen Absen Optoelectronic Co Ltd is 0.85, which seems too high.

Good Sign:

Shenzhen Absen Optoelectronic 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 Shenzhen Absen Optoelectronic Co's 3-Year Dividend Growth Rate

For the Consumer Electronics subindustry, Shenzhen Absen Optoelectronic 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 Absen Optoelectronic Co's 3-Year Dividend Growth Rate Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen Absen Optoelectronic Co's 3-Year Dividend Growth Rate distribution charts can be found below:

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


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Shenzhen Absen Optoelectronic 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 Absen Optoelectronic Co  (SZSE:300389) 3-Year Dividend Growth Rate Explanation

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

Shenzhen Absen Optoelectronic Co's Dividend Payout Ratio for the quarter that ended in Dec. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2024 )/ EPS without NRI (Q: Dec. 2024 )
=0/ 0.061
=0.00

During the past 13 years, the highest Dividend Payout Ratio of Shenzhen Absen Optoelectronic Co was 3.17. The lowest was 0.11. And the median was 0.42.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Shenzhen Absen Optoelectronic Co Ltd is 0.85, which seems too high.

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

Shenzhen Absen Optoelectronic Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.3000002024-05-222024-05-212024-05-22Cash 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.

Shenzhen Absen Optoelectronic Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.3/9.69
=3.10 %

Current Share Price is ¥9.69.
Shenzhen Absen Optoelectronic Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.3.

During the past 13 years, the highest Dividend Yield of Shenzhen Absen Optoelectronic Co was 17.18%. The lowest was 0.41%. And the median was 1.10%.

Good Sign:

Shenzhen Absen Optoelectronic 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.


Shenzhen Absen Optoelectronic Co 3-Year Dividend Growth Rate Related Terms>


Shenzhen Absen Optoelectronic Co Business Description

Traded in Other Exchanges
N/A
Address
No. 2018, Xuegang Road, Bantian Street, Floor 18, 19, 20, Block A, Building 3, Phase I, Tianan Yungu Industrial Park, Longgang District, Guangdong, Shenzhen, CHN, 518129
Shenzhen Absen Optoelectronic Co Ltd is an integrated service provider in the LED display industry, offering mainly turnkey solutions to customers on LED display applications. Its products include: Fixed LED display and Rental LED display.
Executives
Zhao Yang Directors, executives
Ren Yong Hong Director
Li Wen Executives
Ding Chong Bin Executives
Dong Le Le Securities Affairs Representative
Luo Yan Jun Executives
Deng Jiang Bo Directors, executives
Ding Yan Hui Directors, executives
Huang Cheng Executives
Li Hai Tao Directors, executives
Zhang Wen Lei Directors, executives
Zhao Kai Director
Bao Kai Executives
Chen Ling Executives
Cao Tong Sheng Supervisors

Shenzhen Absen Optoelectronic Co Headlines

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