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Zhejiang Xinao Textiles (SHSE:603889) 5-Year Dividend Growth Rate : 22.70% (As of Mar. 2025)


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What is Zhejiang Xinao Textiles 5-Year Dividend Growth Rate?

Zhejiang Xinao Textiles's Dividends per Share for the three months ended in Mar. 2025 was ¥0.00.

During the past 12 months, Zhejiang Xinao Textiles's average Dividends Per Share Growth Rate was -25.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 28.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 22.70% 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 Zhejiang Xinao Textiles was 52.00% per year. The lowest was 1.20% per year. And the median was 14.20% per year.

Zhejiang Xinao Textiles's Dividend Payout Ratio for the three months ended in Mar. 2025 was 0.00. As of today, Zhejiang Xinao Textiles's Dividend Yield % is 4.88%.

Good Sign:

Zhejiang Xinao Textiles Inc stock Dividend Yield % is close to 1-year high.

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


Competitive Comparison of Zhejiang Xinao Textiles's 5-Year Dividend Growth Rate

For the Textile Manufacturing subindustry, Zhejiang Xinao Textiles'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.


Zhejiang Xinao Textiles's 5-Year Dividend Growth Rate Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang Xinao Textiles's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Zhejiang Xinao Textiles's 5-Year Dividend Growth Rate falls into.


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Zhejiang Xinao Textiles 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.


Zhejiang Xinao Textiles  (SHSE:603889) 5-Year Dividend Growth Rate Explanation

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

Zhejiang Xinao Textiles's Dividend Payout Ratio for the quarter that ended in Mar. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2025 )/ EPS without NRI (Q: Mar. 2025 )
=0/ 0.149
=0.00

During the past 13 years, the highest Dividend Payout Ratio of Zhejiang Xinao Textiles was 0.92. The lowest was 0.35. And the median was 0.46.

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

Zhejiang Xinao Textiles Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.3000002024-05-242024-05-232024-05-24Cash 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.

Zhejiang Xinao Textiles's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.3/6.15
=4.88 %

Current Share Price is ¥6.15.
Zhejiang Xinao Textiles'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 Zhejiang Xinao Textiles was 6.13%. The lowest was 1.02%. And the median was 3.12%.

Good Sign:

Zhejiang Xinao Textiles Inc 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.


Zhejiang Xinao Textiles 5-Year Dividend Growth Rate Related Terms

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Zhejiang Xinao Textiles Business Description

Traded in Other Exchanges
N/A
Address
Guanzhuang Bridge, Chongfu Town, Zhejiang Province, Tongxiang City, CHN, 314511
Zhejiang Xinao Textiles Inc along with its subsidiaries is engaged in research, development, production & sales of worsted yarn. The company's main products and services include: worsted, woolen pure wool, and wool blended yarns; woolen, worsted pure cashmere and cashmere blended yarns.
Executives
Liu Pei Yi Directors, senior managers
Hua Xin Zhong Directors, senior managers
Shen Jian Bo Directors, senior managers
Chen Xing senior management
Wang Ling Hua Directors, senior managers
Yu Xiao Lu senior management
Shen Jian Hua Director
Ping Fen Supervisors
Chen Xue Ming Supervisors
Zhou Xiao Tian Director
Li Xin Xue Director
Zhu Gen Ming Director
Wang Ru Ming Supervisors
Tan Lian Gen senior management
Shen Juan Fen Director

Zhejiang Xinao Textiles Headlines

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