Angang Steel Co (HKSE:00347) 5-Year Dividend Growth Rate : -34.80% (As of Sep. 2024)

View and export this data going back to 1997. Start your Free Trial

What is Angang Steel Co 5-Year Dividend Growth Rate?

Angang Steel Co's Dividends per Share for the three months ended in Sep. 2024 was HK$0.00.

During the past 12 months, Angang Steel Co's average Dividends Per Share Growth Rate was -100.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -50.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -34.80% 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.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Angang Steel Co was 72.00% per year. The lowest was -53.10% per year. And the median was 22.30% per year.

Angang Steel Co's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.00. As of today, Angang Steel Co's Dividend Yield % is 0.00%.

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

Competitive Comparison of Angang Steel Co's 5-Year Dividend Growth Rate

For the Steel subindustry, Angang Steel Co's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-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.

Angang Steel Co's 5-Year Dividend Growth Rate Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Angang Steel Co's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Angang Steel Co's 5-Year Dividend Growth Rate falls into.

Angang Steel Co 5-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 least square regression.

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.

Angang Steel Co (HKSE:00347) 5-Year Dividend Growth Rate Explanation

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

Angang Steel 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	/	-0.274
	=	N/A

During the past 13 years, the highest Dividend Payout Ratio of Angang Steel Co was 221.00. The lowest was 0.07. 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 Angang Steel Co was 8.84%. The lowest was 0.00%. And the median was 1.82%.

* 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.

Angang Steel Co 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of Angang Steel Co's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.

Angang Steel Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Angang Steel Co Ltd (HKSE:00347) » Definitions » 5-Year Dividend Growth Rate

Traded in Other Exchanges

ANGGF:USA GNV:Germany 000898:China

Address

Production Area of Angang Steel, Tie Xi District, Liaoning Province, Anshan, CHN, 114021

Website

http://www.ansteel.com.cn

Angang Steel Co Ltd is engaged in the steel rolling and processing industry. The Company is classified into an operating segment based on the type of business: production and sale of steel products. The Company's products have diversified structures and include hot rolled sheets, medium and thick plates, cold rolled sheets, color coating plates, heavy rails, seamless steel pipes and wire rods, and other products. These products are widely used in industries such as machinery, metallurgy, petroleum, chemical industry, coal, electric power, railway, shipbuilding, automobile, construction, home electrical appliances, and aviation. Geographically, the group derives a majority of its revenue from the China region.

Executives

Brown Brothers Harriman & Co.	2502 Approved lending agent
Fil Limited	2201 Interest of corporation controlled by you
Pandanus Associates Inc.	2201 Interest of corporation controlled by you
Pandanus Partners L.p.	2201 Interest of corporation controlled by you
Fidelity Funds	2101 Beneficial owner
Jpmorgan Chase & Co.	2201 Interest of corporation controlled by you
Blackrock, Inc.	2201 Interest of corporation controlled by you

Angang Steel Co Headlines

No Headlines