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SITC International Holdings Co (HKSE:01308) 3-Year Dividend Growth Rate : 64.70% (As of Dec. 2023)


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What is SITC International Holdings Co 3-Year Dividend Growth Rate?

SITC International Holdings Co's Dividends per Share for the six months ended in Dec. 2023 was HK$0.60.

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

HKSE:01308' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 7.7   Med: 29.4   Max: 104.9
Current: 64.7

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of SITC International Holdings Co was 104.90% per year. The lowest was 7.70% per year. And the median was 29.40% per year.

HKSE:01308's 3-Year Dividend Growth Rate is ranked better than
87.81% of 361 companies
in the Transportation industry
Industry Median: 12.9 vs HKSE:01308: 64.70

During the past 12 months, SITC International Holdings Co's average Dividends Per Share Growth Rate was -41.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 64.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 61.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 40.00% 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.

SITC International Holdings Co's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.92. As of today, SITC International Holdings Co's Dividend Yield % is 5.85%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of SITC International Holdings Co Ltd is 1.49, which seems too high.

Warning Sign:

SITC International Holdings Co Ltd stock dividend yield is close to 2-year low.

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


Competitive Comparison of SITC International Holdings Co's 3-Year Dividend Growth Rate

For the Marine Shipping subindustry, SITC International Holdings 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.


SITC International Holdings Co's 3-Year Dividend Growth Rate Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, SITC International Holdings Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where SITC International Holdings Co's 3-Year Dividend Growth Rate falls into.



SITC International Holdings 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.


SITC International Holdings Co  (HKSE:01308) 3-Year Dividend Growth Rate Explanation

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

SITC International Holdings 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 )
=0.597/ 0.648
=0.92

During the past 13 years, the highest Dividend Payout Ratio of SITC International Holdings Co was 1.49. The lowest was 0.33. And the median was 0.57.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of SITC International Holdings Co Ltd is 1.49, which seems too high.

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

SITC International Holdings Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
HKD 0.5000002024-04-302024-05-032024-05-21Cash Dividendsemi-annuallyHKD:HKD 1.000000
HKD 0.6000002023-08-282023-08-302023-09-14Cash Dividendsemi-annuallyHKD:HKD 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.

SITC International Holdings Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.1/18.80
=5.85 %

Current Share Price is HK$18.80.
SITC International Holdings Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is HK$1.1.

During the past 13 years, the highest Dividend Yield of SITC International Holdings Co was 33.00%. The lowest was 1.38%. And the median was 3.87%.

Warning Sign:

SITC International Holdings 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.


SITC International Holdings Co 3-Year Dividend Growth Rate Related Terms>


SITC International Holdings Co (HKSE:01308) Business Description

Traded in Other Exchanges
Address
6-8 Harbour Road, 31/F, Shui On Centre, Wanchai, Hong Kong, HKG
SITC International Holdings Co Ltd is a shipping company operating within Asia under two reportable segments: the container shipping and logistics segment and the dry bulk and others segment. Nearly all of SITC International's revenue comes from the container shipping and logistics segment, which covers the provision of container transportation, freight forwarding, shipping agency, depot, and warehousing. The dry bulk and others segment provides services of dry bulk vessel leasing, land leasing, and other services. Geographically, it derives majority of its revenue from Greater China.

SITC International Holdings Co (HKSE:01308) Headlines

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