If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Jiangxi Hongdu Aviation Industry Co Ltd is 3.47, which seems too high.
Warning Sign:
Jiangxi Hongdu Aviation Industry Co Ltd stock dividend yield is close to 2-year low.
During the past 12 months, Jiangxi Hongdu Aviation Industry Co's average Dividends Per Share Growth Rate was -11.90% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 57.90% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 49.40% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 17.30% 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.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Jiangxi Hongdu Aviation Industry Co was 114.60% per year. The lowest was -56.80% per year. And the median was 9.10% per year.
For more information regarding to dividend, please check our Dividend Page.
Jiangxi Hongdu Aviation Industry Co Dividends per Share Historical Data
* 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.
* Premium members only.
Jiangxi Hongdu Aviation Industry Co Dividends per Share Chart
Competitive Comparison of Jiangxi Hongdu Aviation Industry Co's Dividends per Share
For the Aerospace & Defense subindustry, Jiangxi Hongdu Aviation Industry Co's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.
Jiangxi Hongdu Aviation Industry Co's Dividend Yield % Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Jiangxi Hongdu Aviation Industry Co's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Jiangxi Hongdu Aviation Industry Co's Dividend Yield % falls into.
Jiangxi Hongdu Aviation Industry Co Dividends per Share Calculation
Dividends paid to per common share.
Jiangxi Hongdu Aviation Industry Co (SHSE:600316) Dividends per Share Explanation
1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.
Jiangxi Hongdu Aviation Industry Co's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as
During the past 13 years, the highest Dividend Payout Ratio of Jiangxi Hongdu Aviation Industry Co was 4.21. The lowest was 0.06. And the median was 0.65.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Jiangxi Hongdu Aviation Industry Co Ltd is 3.47, which seems too high.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Jiangxi Hongdu Aviation Industry Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CNY 0.015000
2024-06-04
2024-06-03
2024-06-04
Cash Dividend
annually
CNY:CNY 1.000000
CNY 0.059000
2023-07-07
2023-07-06
2023-07-07
Cash Dividend
annually
CNY: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.
Jiangxi Hongdu Aviation Industry Co's Dividend Yield (%) for Today is calculated as
Current Share Price is ¥16.74.
Jiangxi Hongdu Aviation Industry Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.074.
During the past 13 years, the highest Dividend Yield of Jiangxi Hongdu Aviation Industry Co was 0.51%. The lowest was 0.03%. And the median was 0.08%.
Warning Sign:
Jiangxi Hongdu Aviation Industry Co Ltd stock dividend yield is close to 2-year low.
* 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.
Jiangxi Hongdu Aviation Industry Co Dividends per Share Related Terms
Thank you for viewing the detailed overview of Jiangxi Hongdu Aviation Industry Co's Dividends per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Jiangxi Hongdu Aviation Industry Co (SHSE:600316) Business Description
Jiangxi Hongdu Aviation Industry Co Ltd engages in the manufacture and sale of aviation products, motorcycles, and engines. The company operates through Trainer Business, Subcontract Production Business, and General Aviation Business segments. The main products of the K8 series jet trainer and the first teacher six-propeller trainer are exported to many countries and regions such as Asia, Africa, and the Americas. Further, the group act as the main export base for China's trainer aircraft, agricultural and forestry aircraft research and production bases and aviation foreign trade.
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