If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Hangxiao Steel Structure Co Ltd is 1.15, which seems too high.
Good Sign:
Hangxiao Steel Structure Co Ltd stock Dividend Yield % is close to 10-year high.
During the past 12 months, Hangxiao Steel Structure Co's average Dividends Per Share Growth Rate was 142.90% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -6.80% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was -9.80% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 18.50% 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 Hangxiao Steel Structure Co was 82.30% per year. The lowest was -29.50% per year. And the median was 15.15% per year.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Hangxiao Steel Structure 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.
Hangxiao Steel Structure Co Dividends per Share Chart
Competitive Comparison of Hangxiao Steel Structure Co's Dividends per Share
For the Steel subindustry, Hangxiao Steel Structure 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.
Hangxiao Steel Structure Co's Dividend Yield % Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Hangxiao Steel Structure Co's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Hangxiao Steel Structure Co's Dividend Yield % falls into.
During the past 13 years, the highest Dividend Payout Ratio of Hangxiao Steel Structure Co was 1.20. The lowest was 0.11. And the median was 0.49.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Hangxiao Steel Structure Co Ltd is 1.15, which seems too high.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Hangxiao Steel Structure Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CNY 0.035000
2024-10-22
2024-10-21
2024-10-22
Cash Dividend
semi-annually
CNY:CNY 1.000000
CNY 0.050000
2024-06-11
2024-06-07
2024-06-11
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.
Hangxiao Steel Structure Co's Dividend Yield (%) for Today is calculated as
Current Share Price is ¥2.56.
Hangxiao Steel Structure Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.085.
During the past 13 years, the highest Dividend Yield of Hangxiao Steel Structure Co was 3.63%. The lowest was 0.15%. And the median was 1.95%.
Good Sign:
Hangxiao Steel Structure Co Ltd stock Dividend Yield % is close to 10-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.
Hangxiao Steel Structure Co Dividends per Share Related Terms
Thank you for viewing the detailed overview of Hangxiao Steel Structure Co's Dividends per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Hangxiao Steel Structure Co Ltd is engaged in the design, manufacture, and installation of steel structure in China. It manufactures high rise steel structure, light steel structure, space steel structure, steel beam, steel truss; steel floor deck; steel purlin and residential steel structure projects.
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