GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Suzhou Iron Technology Co Ltd (SHSE:688329) » Definitions » 5-Year Dividend Growth Rate

Suzhou Iron Technology Co (SHSE:688329) 5-Year Dividend Growth Rate : 0.00% (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Suzhou Iron Technology Co 5-Year Dividend Growth Rate?

Suzhou Iron Technology Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Suzhou Iron Technology Co's average Dividends Per Share Growth Rate was -0.20% 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.

Suzhou Iron Technology Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, Suzhou Iron Technology Co's Dividend Yield % is 3.34%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Suzhou Iron Technology Co Ltd is 1.14, which seems too high.

Good Sign:

Suzhou Iron Technology Co Ltd stock dividend yield is close to 3-year high.

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


Competitive Comparison of Suzhou Iron Technology Co's 5-Year Dividend Growth Rate

For the Medical Instruments & Supplies subindustry, Suzhou Iron Technology 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.


Suzhou Iron Technology Co's 5-Year Dividend Growth Rate Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Suzhou Iron Technology Co's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Suzhou Iron Technology Co's 5-Year Dividend Growth Rate falls into.



Suzhou Iron Technology 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.


Suzhou Iron Technology Co  (SHSE:688329) 5-Year Dividend Growth Rate Explanation

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

Suzhou Iron Technology 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/ -0.184
=N/A

During the past 8 years, the highest Dividend Payout Ratio of Suzhou Iron Technology Co was 2.08. The lowest was 0.24. And the median was 0.46.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Suzhou Iron Technology Co Ltd is 1.14, which seems too high.

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

Suzhou Iron Technology Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.5000002023-06-122023-06-092023-06-12Cash 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.

Suzhou Iron Technology Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.5/14.99
=3.34 %

Current Share Price is ¥14.99.
Suzhou Iron Technology Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.5.

During the past 8 years, the highest Dividend Yield of Suzhou Iron Technology Co was 3.43%. The lowest was 0.46%. And the median was 1.31%.

Good Sign:

Suzhou Iron Technology Co Ltd stock dividend yield is close to 3-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.


Suzhou Iron Technology Co 5-Year Dividend Growth Rate Related Terms

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


Suzhou Iron Technology Co (SHSE:688329) Business Description

Traded in Other Exchanges
N/A
Address
No. 27, Xinfa Road, Suzhou Industrial Park, Suzhou Area, Jiangsu Pilot Free Trade Zone, Suzhou, CHN, 215002
Suzhou Iron Technology Co Ltd provide overall solutions for the intelligent management of medical supplies for medical service institutions at all levels. The products mainly include coverage Intelligent management equipment and software information platform for medical supplies in three sectors namely smart pharmacy, smart ward, and smart logistics.
Executives
Li Zhao senior management
Dong Qiu Ming Supervisors

Suzhou Iron Technology Co (SHSE:688329) Headlines

No Headlines