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Western Mining Co (SHSE:601168) 3-Year Dividend Growth Rate : 141.00% (As of Mar. 2024)


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What is Western Mining Co 3-Year Dividend Growth Rate?

Western Mining Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

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

SHSE:601168' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -34.8   Med: -4.7   Max: 141
Current: 141

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Western Mining Co was 141.00% per year. The lowest was -34.80% per year. And the median was -4.70% per year.

SHSE:601168's 3-Year Dividend Growth Rate is ranked better than
94.97% of 179 companies
in the Metals & Mining industry
Industry Median: 22 vs SHSE:601168: 141.00

During the past 12 months, Western Mining Co's average Dividends Per Share Growth Rate was 600.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 141.00% 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.

Western Mining Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, Western Mining Co's Dividend Yield % is 7.08%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Western Mining Co Ltd is 1.16, which seems too high.

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


Competitive Comparison of Western Mining Co's 3-Year Dividend Growth Rate

For the Other Industrial Metals & Mining subindustry, Western Mining 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.


Western Mining Co's 3-Year Dividend Growth Rate Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Western Mining Co's 3-Year Dividend Growth Rate distribution charts can be found below:

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



Western Mining 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.


Western Mining Co  (SHSE:601168) 3-Year Dividend Growth Rate Explanation

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

Western Mining Co's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0/ 0.336
=0.00

During the past 13 years, the highest Dividend Payout Ratio of Western Mining Co was 5.00. The lowest was 0.10. And the median was 0.46.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Western Mining Co Ltd is 1.16, which seems too high.

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

Western Mining Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 1.4000002023-05-182023-05-172023-05-18Cash 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.

Western Mining Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.4/19.77
=7.08 %

Current Share Price is ¥19.77.
Western Mining Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥1.4.

During the past 13 years, the highest Dividend Yield of Western Mining Co was 13.32%. The lowest was 0.35%. And the median was 0.85%.

* 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.


Western Mining Co 3-Year Dividend Growth Rate Related Terms>


Western Mining Co (SHSE:601168) Business Description

Traded in Other Exchanges
N/A
Address
No.52, No.54 Avenue, Qinghai Province, Xining, CHN, 810001
Western Mining Co Ltd is a mining company mainly engaged in the comprehensive development of mineral resources in the western region of China. The company's business operations include mining, smelting, and trading of basic non-ferrous metals and ferrous metals such as copper, lead, zinc, and iron. It is divided into four major trading sectors: mining, smelting, trade, and finance.

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