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Yechiu Metal Recycling (China) (SHSE:601388) 3-Year Dividend Growth Rate : 29.80% (As of Mar. 2024)


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What is Yechiu Metal Recycling (China) 3-Year Dividend Growth Rate?

Yechiu Metal Recycling (China)'s Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

The historical rank and industry rank for Yechiu Metal Recycling (China)'s 3-Year Dividend Growth Rate or its related term are showing as below:

SHSE:601388' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -45   Med: 29.8   Max: 100
Current: 29.8

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Yechiu Metal Recycling (China) was 100.00% per year. The lowest was -45.00% per year. And the median was 29.80% per year.

SHSE:601388's 3-Year Dividend Growth Rate is ranked better than
61.8% of 178 companies
in the Metals & Mining industry
Industry Median: 22.45 vs SHSE:601388: 29.80

During the past 12 months, Yechiu Metal Recycling (China)'s average Dividends Per Share Growth Rate was -56.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 29.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 27.20% 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.

Yechiu Metal Recycling (China)'s Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, Yechiu Metal Recycling (China)'s Dividend Yield % is 1.30%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Yechiu Metal Recycling (China) Ltd is 0.76, which seems too high.

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


Competitive Comparison of Yechiu Metal Recycling (China)'s 3-Year Dividend Growth Rate

For the Aluminum subindustry, Yechiu Metal Recycling (China)'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.


Yechiu Metal Recycling (China)'s 3-Year Dividend Growth Rate Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Yechiu Metal Recycling (China)'s 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Yechiu Metal Recycling (China)'s 3-Year Dividend Growth Rate falls into.



Yechiu Metal Recycling (China) 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.


Yechiu Metal Recycling (China)  (SHSE:601388) 3-Year Dividend Growth Rate Explanation

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

Yechiu Metal Recycling (China)'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/ 0.016
=0.00

During the past 13 years, the highest Dividend Payout Ratio of Yechiu Metal Recycling (China) was 1.13. The lowest was 0.08. And the median was 0.51.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Yechiu Metal Recycling (China) Ltd is 0.76, which seems too high.

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

Yechiu Metal Recycling (China) Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.0350002023-06-012023-05-312023-06-01Cash 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.

Yechiu Metal Recycling (China)'s Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.035/2.72
=1.29 %

Current Share Price is ¥2.72.
Yechiu Metal Recycling (China)'s Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.035.

During the past 13 years, the highest Dividend Yield of Yechiu Metal Recycling (China) was 13.49%. The lowest was 0.08%. And the median was 1.24%.

* 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.


Yechiu Metal Recycling (China) 3-Year Dividend Growth Rate Related Terms>


Yechiu Metal Recycling (China) (SHSE:601388) Business Description

Traded in Other Exchanges
N/A
Address
No.88 Hufuhuang Road, Fuqiao Town, Jiangsu, Taicang, CHN
Yechiu Metal Recycling (China) Ltd is engaged in the recycling, sorting, processing, melting and processing of metal resources. It involves in the collection of aluminum scrap resources from waste automobiles, construction materials, home appliances, etc. Its products are aluminum alloy ingots of various specifications and models. The products are widely used in automobiles, electrical appliances, machinery, construction, electricity, transportation, computers, packaging, hardware and other fields.

Yechiu Metal Recycling (China) (SHSE:601388) Headlines

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