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Ningbo Marine Co (SHSE:600798) 3-Year Dividend Growth Rate : -20.60% (As of Mar. 2024)


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What is Ningbo Marine Co 3-Year Dividend Growth Rate?

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

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

SHSE:600798' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -43.7   Med: 5.1   Max: 81.7
Current: -20.6

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ningbo Marine Co was 81.70% per year. The lowest was -43.70% per year. And the median was 5.10% per year.

SHSE:600798's 3-Year Dividend Growth Rate is ranked worse than
93.16% of 351 companies
in the Transportation industry
Industry Median: 15.9 vs SHSE:600798: -20.60

During the past 12 months, Ningbo Marine Co's average Dividends Per Share Growth Rate was -62.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -20.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -4.70% 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.

Ningbo Marine Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, Ningbo Marine Co's Dividend Yield % is 0.97%.

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


Competitive Comparison of Ningbo Marine Co's 3-Year Dividend Growth Rate

For the Marine Shipping subindustry, Ningbo Marine 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.


Ningbo Marine Co's 3-Year Dividend Growth Rate Distribution in the Transportation Industry

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

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



Ningbo Marine 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.


Ningbo Marine Co  (SHSE:600798) 3-Year Dividend Growth Rate Explanation

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

Ningbo Marine 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/ -0.02
=N/A

During the past 13 years, the highest Dividend Payout Ratio of Ningbo Marine Co was 1.43. The lowest was 0.12. And the median was 0.45.

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

Ningbo Marine Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.0300002023-07-132023-07-122023-07-13Cash 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.

Ningbo Marine Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.03/3.03
=0.99 %

Current Share Price is ¥3.03.
Ningbo Marine Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.03.

During the past 13 years, the highest Dividend Yield of Ningbo Marine Co was 2.36%. The lowest was 0.08%. And the median was 1.08%.

* 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.


Ningbo Marine Co 3-Year Dividend Growth Rate Related Terms>


Ningbo Marine Co (SHSE:600798) Business Description

Traded in Other Exchanges
N/A
Address
North-Bank Fortune Centre, Building 1, Jiangbei District, Zhejiang, Ningbo, CHN, 315020
Ningbo Marine Co Ltd is a China-based company mainly engaged in the transportation of goods on China's coastal Yangtze River, as well as international ocean shipping and investing in transportation infrastructure and transportation service facilities. Its activities include transportation service facilities; import and export of self-operated and agent goods and technologies, except for goods and technologies that are restricted or prohibited by the state; apply for training, examinations, provide related activities such as manning for domestic sailing ships, and others.
Executives
Wu Hong Bo Director

Ningbo Marine Co (SHSE:600798) Headlines

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