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Triangle Tyre Co (SHSE:601163) 5-Year Dividend Growth Rate : -2.90% (As of Mar. 2024)


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What is Triangle Tyre Co 5-Year Dividend Growth Rate?

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

During the past 12 months, Triangle Tyre Co's average Dividends Per Share Growth Rate was 21.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -2.90% 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 Triangle Tyre Co was 14.00% per year. The lowest was -4.40% per year. And the median was 4.80% per year.

Triangle Tyre Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, Triangle Tyre Co's Dividend Yield % is 1.63%.

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


Competitive Comparison of Triangle Tyre Co's 5-Year Dividend Growth Rate

For the Auto Parts subindustry, Triangle Tyre 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.


Triangle Tyre Co's 5-Year Dividend Growth Rate Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Triangle Tyre Co's 5-Year Dividend Growth Rate distribution charts can be found below:

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



Triangle Tyre 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.


Triangle Tyre Co  (SHSE:601163) 5-Year Dividend Growth Rate Explanation

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

Triangle Tyre 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
=N/A

During the past 13 years, the highest Dividend Payout Ratio of Triangle Tyre Co was 0.82. The lowest was 0.17. And the median was 0.44.

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

Triangle Tyre Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.2800002023-07-202023-07-192023-07-20Cash 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.

Triangle Tyre Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.28/17.19
=1.63 %

Current Share Price is ¥17.19.
Triangle Tyre Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.28.

During the past 13 years, the highest Dividend Yield of Triangle Tyre Co was 5.53%. The lowest was 1.26%. And the median was 2.01%.

* 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.


Triangle Tyre Co 5-Year Dividend Growth Rate Related Terms

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Triangle Tyre Co (SHSE:601163) Business Description

Traded in Other Exchanges
N/A
Address
56 Middle Qingdao Road, Shandong Province, Weihai, CHN, 264200
Triangle Tyre Co Ltd is a tire manufacturing company. Its range of products covers commercial tires, passenger tires, bias OTR tires, radial OTR tires, jumbo OTR tires and others. It holds enormous foreign and Chinese patent portfolio and plays the key role in setting national and professional tire industry standards. Further, it has built a global partnership with various brands such as Caterpillar, Terex, Doosan, Hyundai and Volvo and others. Geographically, its presence is seen in both Chinese and international market.

Triangle Tyre Co (SHSE:601163) Headlines

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