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State Grid Informationmmunication Co (SHSE:600131) 3-Year Dividend Growth Rate : 17.00% (As of Mar. 2024)


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What is State Grid Informationmmunication Co 3-Year Dividend Growth Rate?

State Grid Informationmmunication Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

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

SHSE:600131' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -20.2   Med: 31.95   Max: 50.4
Current: 17

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of State Grid Informationmmunication Co was 50.40% per year. The lowest was -20.20% per year. And the median was 31.95% per year.

SHSE:600131's 3-Year Dividend Growth Rate is ranked better than
77.04% of 135 companies
in the Utilities - Independent Power Producers industry
Industry Median: 7.1 vs SHSE:600131: 17.00

During the past 12 months, State Grid Informationmmunication Co's average Dividends Per Share Growth Rate was 17.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 17.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 36.20% 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.

State Grid Informationmmunication Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, State Grid Informationmmunication Co's Dividend Yield % is 1.03%.

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


Competitive Comparison of State Grid Informationmmunication Co's 3-Year Dividend Growth Rate

For the Utilities - Renewable subindustry, State Grid Informationmmunication 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.


State Grid Informationmmunication Co's 3-Year Dividend Growth Rate Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, State Grid Informationmmunication Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where State Grid Informationmmunication Co's 3-Year Dividend Growth Rate falls into.



State Grid Informationmmunication 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.


State Grid Informationmmunication Co  (SHSE:600131) 3-Year Dividend Growth Rate Explanation

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

State Grid Informationmmunication 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/ 0.011
=0.00

During the past 13 years, the highest Dividend Payout Ratio of State Grid Informationmmunication Co was 0.36. The lowest was 0.17. And the median was 0.26.

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

State Grid Informationmmunication Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.2000002023-07-202023-07-192023-07-20Cash 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.

State Grid Informationmmunication Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.2/19.08
=1.05 %

Current Share Price is ¥19.08.
State Grid Informationmmunication Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.2.

During the past 13 years, the highest Dividend Yield of State Grid Informationmmunication Co was 1.51%. The lowest was 0.23%. And the median was 0.80%.

* 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.


State Grid Informationmmunication Co 3-Year Dividend Growth Rate Related Terms>


State Grid Informationmmunication Co (SHSE:600131) Business Description

Traded in Other Exchanges
N/A
Address
No. 301 Kuiguang Road, Doujiangyan, Sichuan, CHN, 611830
State Grid Information & Communication Co Ltd, formerly Sichuan Minjiang Hydropower Co Ltd is a China-based company is engaged in the hydroelectric generation business. It is mainly engaged in the development, generation, transmission, distribution, and sales of electric power, as well as other businesses with its subsidiaries.
Executives
Ni Ping Bo Directors, senior managers
Sun Hui senior management
Chen An Quan senior management

State Grid Informationmmunication Co (SHSE:600131) Headlines

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