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Spring Airlines Co (SHSE:601021) 3-Year Dividend Growth Rate : 0.00% (As of Sep. 2023)


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What is Spring Airlines Co 3-Year Dividend Growth Rate?

Spring Airlines Co's Dividends per Share for the three months ended in Sep. 2023 was ¥0.00.

The historical rank and industry rank for Spring Airlines Co's 3-Year Dividend Growth Rate or its related term are showing as below:

During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of Spring Airlines Co was 15.90% per year. The lowest was -1.60% per year. And the median was 7.70% per year.

SHSE:601021's 3-Year Dividend Growth Rate is not ranked *
in the Transportation industry.
Industry Median: 12.85
* Ranked among companies with meaningful 3-Year Dividend Growth Rate only.

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.

Spring Airlines Co's Dividend Payout Ratio for the three months ended in Sep. 2023 was 0.00. As of today, Spring Airlines Co's Dividend Yield % is 0.00%.

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


Competitive Comparison of Spring Airlines Co's 3-Year Dividend Growth Rate

For the Airlines subindustry, Spring Airlines Co'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.


Spring Airlines Co's 3-Year Dividend Growth Rate Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Spring Airlines Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Spring Airlines Co's 3-Year Dividend Growth Rate falls into.



Spring Airlines Co 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.


Spring Airlines Co  (SHSE:601021) 3-Year Dividend Growth Rate Explanation

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

Spring Airlines Co's Dividend Payout Ratio for the quarter that ended in Sep. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2023 )/ EPS without NRI (Q: Sep. 2023 )
=0/ 1.894
=0.00

During the past 12 years, the highest Dividend Payout Ratio of Spring Airlines Co was 0.81. The lowest was 0.12. And the median was 0.14.

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

During the past 12 years, the highest Dividend Yield of Spring Airlines Co was 0.66%. The lowest was 0.00%. And the median was 0.46%.

* 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.


Spring Airlines Co 3-Year Dividend Growth Rate Related Terms>


Spring Airlines Co (SHSE:601021) Business Description

Traded in Other Exchanges
N/A
Address
Shanghai Changning District No. 528, Shanghai, CHN, 200335
Spring Airlines Co Ltd operates as a low-cost airline in China engages in the provision of local and international aviation services. It operates a fleet of Airbus A320 aircraft. It offers domestic routes such as Guangzhou, Zhuhai, Kunming, Xiamen, Shenyang, Harbin, Urumqi, Haikou, Guilin, Wenzhou and Qingdao. The company also offers international routes within Asia. It also provides insurance service which includes Standard Accident Insurance, Overseas Travel Insurance and Flight Delay and Cancellation Insurance.

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