If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of CNGR Advanced Materials Co Ltd is 0.89, which seems too high.
Good Sign:
CNGR Advanced Materials Co Ltd stock Dividend Yield % is close to 5-year high.
During the past 12 months, CNGR Advanced Materials Co's average Dividends Per Share Growth Rate was 682.60% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 193.40% 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 8 years, the highest 3-Year average Dividends Per Share Growth Rate of CNGR Advanced Materials Co was 193.40% per year. The lowest was 193.40% per year. And the median was 193.40% 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.
CNGR Advanced Materials 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.
CNGR Advanced Materials Co Dividends per Share Chart
Competitive Comparison of CNGR Advanced Materials Co's Dividends per Share
For the Specialty Chemicals subindustry, CNGR Advanced Materials 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.
CNGR Advanced Materials Co's Dividend Yield % Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, CNGR Advanced Materials Co's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where CNGR Advanced Materials Co's Dividend Yield % falls into.
During the past 8 years, the highest Dividend Payout Ratio of CNGR Advanced Materials Co was 1.04. The lowest was 0.06. And the median was 0.10.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of CNGR Advanced Materials Co Ltd is 0.89, which seems too high.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
CNGR Advanced Materials Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CNY 0.280000
2024-10-15
2024-10-14
2024-10-15
Cash Dividend
semi-annually
CNY:CNY 1.000000
CNY 1.160000
2024-05-29
2024-05-28
2024-05-29
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.
CNGR Advanced Materials Co's Dividend Yield (%) for Today is calculated as
Current Share Price is ¥31.20.
CNGR Advanced Materials Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥1.44.
During the past 8 years, the highest Dividend Yield of CNGR Advanced Materials Co was 4.52%. The lowest was 0.04%. And the median was 0.27%.
Good Sign:
CNGR Advanced Materials Co 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.
CNGR Advanced Materials Co Dividends per Share Related Terms
Thank you for viewing the detailed overview of CNGR Advanced Materials Co's Dividends per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
CNGR Advanced Materials Co Ltd is engaged in the research and development, production, processing, and sales of lithium battery cathode material precursors. The main products include ternary precursors and cobalt tetroxide, which are used to produce ternary cathode materials, and lithium cobalt oxide cathode materials.
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