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Ningbo Orient Wires & Cables Co (SHSE:603606) 3-Year Dividend Growth Rate

: 24.40% (As of Dec. 2023)
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Ningbo Orient Wires & Cables Co's Dividends per Share for the three months ended in Dec. 2023 was ¥0.00.

The historical rank and industry rank for Ningbo Orient Wires & Cables Co's 3-Year Dividend Growth Rate or its related term are showing as below:

SHSE:603606' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 9.4   Med: 66.95   Max: 89.1
Current: 24.4

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ningbo Orient Wires & Cables Co was 89.10% per year. The lowest was 9.40% per year. And the median was 66.95% per year.

SHSE:603606's 3-Year Dividend Growth Rate is ranked better than
73.27% of 1096 companies
in the Industrial Products industry
Industry Median: 11.15 vs SHSE:603606: 24.40

During the past 12 months, Ningbo Orient Wires & Cables Co's average Dividends Per Share Growth Rate was -28.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 24.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 53.20% 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.

Ningbo Orient Wires & Cables Co's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00. As of today, Ningbo Orient Wires & Cables Co's Dividend Yield % is 0.59%.

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


Competitive Comparison

For the Electrical Equipment & Parts subindustry, Ningbo Orient Wires & Cables 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.


Ningbo Orient Wires & Cables Co 3-Year Dividend Growth Rate Distribution

For the Industrial Products industry and Industrials sector, Ningbo Orient Wires & Cables Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Ningbo Orient Wires & Cables Co's 3-Year Dividend Growth Rate falls into.



Ningbo Orient Wires & Cables 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.


Ningbo Orient Wires & Cables Co  (SHSE:603606) 3-Year Dividend Growth Rate Explanation

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

Ningbo Orient Wires & Cables Co's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0/ 0.352
=0.00

During the past 13 years, the highest Dividend Payout Ratio of Ningbo Orient Wires & Cables Co was 0.38. The lowest was 0.10. And the median was 0.18.

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

Ningbo Orient Wires & Cables Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.2502023-04-282023-04-272023-04-28Cash 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.

Ningbo Orient Wires & Cables Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.25/39.99
=0.63 %

Current Share Price is ¥39.99.
Ningbo Orient Wires & Cables Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.25.

During the past 13 years, the highest Dividend Yield of Ningbo Orient Wires & Cables Co was 1.16%. The lowest was 0.15%. And the median was 0.48%.

* 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.


Ningbo Orient Wires & Cables Co 3-Year Dividend Growth Rate Related Terms>


Ningbo Orient Wires & Cables Co (SHSE:603606) Business Description

Traded in Other Exchanges
N/A
Address
968 East JiangNan Road, Beilun District, Zhejiang, Ningbo, CHN
Ningbo Orient Wires & Cables Co Ltd is a China-based fiber optic cable manufacturing company. The company is a provider in design, manufacture, install, and service of land cables and subsea cables. Its products are mainly used by the energy companies and subsea service providers. Its subsea cables products include AC subsea power cables, DC subsea power cables, Subsea Equipment Umbilical, Subsea dynamic cables used in a submarine. Its power cable offerings include D.C Power Cable, LV Power Cable(1kV), MV Power Cable(6-35kV), HV Power Cable(110kV), among others.

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