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Prosperous Industrial (Holdings) (HKSE:01731) 3-Year Dividend Growth Rate : -12.60% (As of Jun. 2023)


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What is Prosperous Industrial (Holdings) 3-Year Dividend Growth Rate?

Prosperous Industrial (Holdings)'s Dividends per Share for the six months ended in Jun. 2023 was HK$0.04.

The historical rank and industry rank for Prosperous Industrial (Holdings)'s 3-Year Dividend Growth Rate or its related term are showing as below:

HKSE:01731' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -12.6   Med: -12.6   Max: -12.6
Current: -12.6

During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of Prosperous Industrial (Holdings) was -12.60% per year. The lowest was -12.60% per year. And the median was -12.60% per year.

HKSE:01731's 3-Year Dividend Growth Rate is ranked worse than
80.71% of 311 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 10.1 vs HKSE:01731: -12.60

During the past 12 months, Prosperous Industrial (Holdings)'s average Dividends Per Share Growth Rate was 320.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -12.60% 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.

Prosperous Industrial (Holdings)'s Dividend Payout Ratio for the six months ended in Jun. 2023 was 0.62. As of today, Prosperous Industrial (Holdings)'s Dividend Yield % is 6.09%.

Good Sign:

Prosperous Industrial (Holdings) Ltd stock dividend yield is close to 5-year high.

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


Competitive Comparison of Prosperous Industrial (Holdings)'s 3-Year Dividend Growth Rate

For the Footwear & Accessories subindustry, Prosperous Industrial (Holdings)'s 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-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.


Prosperous Industrial (Holdings)'s 3-Year Dividend Growth Rate Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Prosperous Industrial (Holdings)'s 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Prosperous Industrial (Holdings)'s 3-Year Dividend Growth Rate falls into.



Prosperous Industrial (Holdings) 3-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 expontential compound based on the latest four year annual data.

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.


Prosperous Industrial (Holdings)  (HKSE:01731) 3-Year Dividend Growth Rate Explanation

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

Prosperous Industrial (Holdings)'s Dividend Payout Ratio for the quarter that ended in Jun. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2023 )/ EPS without NRI (Q: Jun. 2023 )
=0.042/ 0.068
=0.62

During the past 9 years, the highest Dividend Payout Ratio of Prosperous Industrial (Holdings) was 0.41. The lowest was 0.14. And the median was 0.25.

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

Prosperous Industrial (Holdings) Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
HKD 0.0422023-06-232023-06-272023-07-21Cash DividendannuallyHKD:HKD 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.

Prosperous Industrial (Holdings)'s Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.042/0.65
=6.46 %

Current Share Price is HK$0.65.
Prosperous Industrial (Holdings)'s Dividends per Share for the trailing twelve months (TTM) ended in Today is HK$0.042.

During the past 9 years, the highest Dividend Yield of Prosperous Industrial (Holdings) was 6.97%. The lowest was 0.80%. And the median was 1.43%.

Good Sign:

Prosperous Industrial (Holdings) Ltd stock dividend yield is close to 5-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.


Prosperous Industrial (Holdings) 3-Year Dividend Growth Rate Related Terms>


Prosperous Industrial (Holdings) (HKSE:01731) Business Description

Traded in Other Exchanges
N/A
Address
71-75 Container Port Road, Unit 1-2, 1st Floor, Join-In Hang Sing Centre, Kwai Chung, New Territories, Hong Kong, HKG
Prosperous Industrial (Holdings) Ltd is an investment holding company principally engaged in the manufacturing and sale of sports bags, handbags and luggage bags. The company's products are categorized as outdoor and sporting bags including day packs and overnight backpacks, which are designed with larger volumes; functional bags such as camera backpacks with multiple pockets and waterproof hydration backpacks; fashion and casual bags, as well as other bags and packs. The company mainly operates its products to North America, Asia, and Europe market.

Prosperous Industrial (Holdings) (HKSE:01731) Headlines

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