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Chongqing Brewery Co (SHSE:600132) 3-Year Dividend Growth Rate : 22.90% (As of Mar. 2024)


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What is Chongqing Brewery Co 3-Year Dividend Growth Rate?

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

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

SHSE:600132' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -23.5   Med: 22.5   Max: 99.1
Current: 22.9

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Chongqing Brewery Co was 99.10% per year. The lowest was -23.50% per year. And the median was 22.50% per year.

SHSE:600132's 3-Year Dividend Growth Rate is ranked better than
71.82% of 110 companies
in the Beverages - Alcoholic industry
Industry Median: 7.85 vs SHSE:600132: 22.90

During the past 12 months, Chongqing Brewery Co's average Dividends Per Share Growth Rate was 30.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 22.90% 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.

Chongqing Brewery Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, Chongqing Brewery Co's Dividend Yield % is 3.69%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Chongqing Brewery Co Ltd is 0.85, which seems too high.

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


Competitive Comparison of Chongqing Brewery Co's 3-Year Dividend Growth Rate

For the Beverages - Brewers subindustry, Chongqing Brewery 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.


Chongqing Brewery Co's 3-Year Dividend Growth Rate Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Chongqing Brewery Co's 3-Year Dividend Growth Rate distribution charts can be found below:

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



Chongqing Brewery 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.


Chongqing Brewery Co  (SHSE:600132) 3-Year Dividend Growth Rate Explanation

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

Chongqing Brewery 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/ 0.956
=0.00

During the past 13 years, the highest Dividend Payout Ratio of Chongqing Brewery Co was 1.43. The lowest was 0.53. And the median was 1.03.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Chongqing Brewery Co Ltd is 0.85, which seems too high.

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

Chongqing Brewery Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 2.6000002023-06-162023-06-152023-06-16Cash 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.

Chongqing Brewery Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.6/70.37
=3.69 %

Current Share Price is ¥70.37.
Chongqing Brewery Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥2.6.

During the past 13 years, the highest Dividend Yield of Chongqing Brewery Co was 4.78%. The lowest was 0.63%. And the median was 1.51%.

* 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.


Chongqing Brewery Co 3-Year Dividend Growth Rate Related Terms>


Chongqing Brewery Co (SHSE:600132) Business Description

Traded in Other Exchanges
N/A
Address
No. 16 Shiyang Road, Shiqiaopu, Jiulongpo District, Chongqing, Chongqing, CHN, 400039
Established in 1958 in Chongqing city, Chongqing Brewery is one of the major beer brewers in China. The company distributes a beer portfolio consisting international brands, such as Carlsberg, Tuborg, 1664, and domestic brands such as Chongqing. In 2013, the company became a subsidiary of Carlsberg Group after the latter acquired a 60% stake in the company. It became the sole operating platform of Carlsberg Group's China business in 2020, after the group injected all its China beer assets into Chongqing Brewery.

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