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Suzhou Mingzhi Technology Co (SHSE:688355) 5-Year Dividend Growth Rate : 0.00% (As of Sep. 2024)


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

Suzhou Mingzhi Technology Co's Dividends per Share for the three months ended in Sep. 2024 was ¥0.05.

During the past 12 months, Suzhou Mingzhi Technology Co's average Dividends Per Share Growth Rate was 800.00% 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 Mingzhi Technology Co's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.55. As of today, Suzhou Mingzhi Technology Co's Dividend Yield % is 2.40%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Suzhou Mingzhi Technology Co Ltd is 0.78, which seems too high.

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


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

For the Metal Fabrication subindustry, Suzhou Mingzhi 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 Mingzhi Technology Co's 5-Year Dividend Growth Rate Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Suzhou Mingzhi Technology Co's 5-Year Dividend Growth Rate distribution charts can be found below:

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



Suzhou Mingzhi 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 Mingzhi Technology Co  (SHSE:688355) 5-Year Dividend Growth Rate Explanation

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

Suzhou Mingzhi Technology 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 )
=0.05/ 0.091
=0.55

During the past 7 years, the highest Dividend Payout Ratio of Suzhou Mingzhi Technology Co was 5.01. The lowest was 0.42. And the median was 2.72.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Suzhou Mingzhi Technology Co Ltd is 0.78, which seems too high.

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

Suzhou Mingzhi Technology Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.0500002024-09-302024-09-272024-09-30Cash Dividendsemi-annuallyCNY:CNY 1.000000
CNY 0.4000002024-06-262024-06-252024-06-26Cash 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 Mingzhi Technology Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.45/18.72
=2.40 %

Current Share Price is ¥18.72.
Suzhou Mingzhi Technology Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.45.

During the past 7 years, the highest Dividend Yield of Suzhou Mingzhi Technology Co was 3.51%. The lowest was 0.16%. And the median was 1.26%.

* 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 Mingzhi Technology Co 5-Year Dividend Growth Rate Related Terms

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Suzhou Mingzhi Technology Co Business Description

Traded in Other Exchanges
N/A
Address
1999 Tongxiao West Road, Tongli Town, Wujiang District, Jiangsu Province, Suzhou, CHN, 215216
Suzhou Mingzhi Technology Co Ltd is engaged in the research and development and manufacturing of casting products.
Executives
Xu Lei Lei Core technical personnel
Lu Gao Chun Core technical personnel
Xia Zhi Yuan Core technical personnel
Li Jia Core technical personnel
Gu Hai Bing Core technical personnel
Wang Yu Ping Core technical personnel
Zhu Wei An senior management
Dong Yu Ping senior management
Zhang Hong Liang Core technical personnel
Yu Jian Ping Director
Fan Li Director
Li Quan Feng senior management

Suzhou Mingzhi Technology Co Headlines

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