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Canggang Railway (HKSE:02169) 3-Year Dividend Growth Rate : 0.00% (As of Dec. 2023)


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What is Canggang Railway 3-Year Dividend Growth Rate?

Canggang Railway's Dividends per Share for the six months ended in Dec. 2023 was HK$0.00.

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

HKSE:02169's 3-Year Dividend Growth Rate is not ranked *
in the Transportation industry.
Industry Median: 15.9
* Ranked among companies with meaningful 3-Year Dividend Growth Rate only.

During the past 12 months, Canggang Railway's average Dividends Per Share Growth Rate was -11.10% 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.

Canggang Railway's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.00. As of today, Canggang Railway's Dividend Yield % is 0.65%.

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


Competitive Comparison of Canggang Railway's 3-Year Dividend Growth Rate

For the Railroads subindustry, Canggang Railway'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.


Canggang Railway's 3-Year Dividend Growth Rate Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Canggang Railway's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Canggang Railway's 3-Year Dividend Growth Rate falls into.



Canggang Railway 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.


Canggang Railway  (HKSE:02169) 3-Year Dividend Growth Rate Explanation

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

Canggang Railway'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/ 0.008
=0.00

During the past 7 years, the highest Dividend Payout Ratio of Canggang Railway was 0.50. The lowest was 0.47. And the median was 0.50.

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

Canggang Railway Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
HKD 0.0076052023-06-202023-06-232023-07-06Cash DividendannuallyHKD: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.

Canggang Railway's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.007605/1.21
=0.63 %

Current Share Price is HK$1.21.
Canggang Railway's Dividends per Share for the trailing twelve months (TTM) ended in Today is HK$0.007605.

During the past 7 years, the highest Dividend Yield of Canggang Railway was 3.31%. The lowest was 0.29%. And the median was 1.20%.

* 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.


Canggang Railway 3-Year Dividend Growth Rate Related Terms>


Canggang Railway (HKSE:02169) Business Description

Traded in Other Exchanges
N/A
Address
Yangzhuang Station, Yangerzhuang Town, Huanghua, Hebei Province, Cangzhou, CHN
Canggang Railway Ltd is a local railway operator based in Hebei Province. The company operates in two segments, rail freight transportation services, and other ancillary services, including loading and unloading, road freight transportation, construction, repair and maintenance of Special Service Lines, railway roadbed and other railway facility construction, and certain other businesses. It operates one railway, the Canggang Railway Line, which connects the Shuo-Huang Railway Line and the Han-Huang Railway Line with the Bohai New Area in Cangzhou. Its railway line also connects the Beijing-Shanghai Railway Line. The company earns its revenue from rail freight transportation services.
Executives
Zhong Guo Ren Shou Zi Chan Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Ren Shou Bao Xian Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Ren Shou Bao Xian Ji Tuan Gong Si 2201 Interest of corporation controlled by you
Guo Shou An Bao Ji Jin Guan Li You Xian Gong Si 2501 Other
Guo Shou An Bao Hai Wai Hao Dan Yi Zi Chan Guan Li Ji Hua 2501 Other
Zhang Lijie 2201 Interest of corporation controlled by you
Zhang Lihuan 2201 Interest of corporation controlled by you
Zhang Ning 2201 Interest of corporation controlled by you
Zhang Ruiqiu 2201 Interest of corporation controlled by you
Zhang Weiwei 2202 Interest of your spouse
Zhang Xiaogeng 2201 Interest of corporation controlled by you
Zhang Xiaosuo 2201 Interest of corporation controlled by you
Zhang Xiaoxia 2202 Interest of your spouse
Zhang Yanfeng 2201 Interest of corporation controlled by you
Zhou Qiuju 2202 Interest of your spouse

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