GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Midea Group Co Ltd (SZSE:000333) » Definitions » 3-Year Dividend Growth Rate

Midea Group Co (SZSE:000333) 3-Year Dividend Growth Rate : 16.00% (As of Mar. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Midea Group Co 3-Year Dividend Growth Rate?

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

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

SZSE:000333' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 9.3   Med: 17   Max: 23.3
Current: 16

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Midea Group Co was 23.30% per year. The lowest was 9.30% per year. And the median was 17.00% per year.

SZSE:000333's 3-Year Dividend Growth Rate is ranked better than
69.43% of 157 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 7.2 vs SZSE:000333: 16.00

During the past 12 months, Midea Group Co's average Dividends Per Share Growth Rate was 47.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 16.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 13.60% 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.

Midea Group Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, Midea Group Co's Dividend Yield % is 3.58%.

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


Competitive Comparison of Midea Group Co's 3-Year Dividend Growth Rate

For the Furnishings, Fixtures & Appliances subindustry, Midea Group 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.


Midea Group Co's 3-Year Dividend Growth Rate Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Midea Group Co's 3-Year Dividend Growth Rate distribution charts can be found below:

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



Midea Group 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.


Midea Group Co  (SZSE:000333) 3-Year Dividend Growth Rate Explanation

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

Midea Group 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/ 1.403
=0.00

During the past 13 years, the highest Dividend Payout Ratio of Midea Group Co was 0.52. The lowest was 0.36. And the median was 0.40.

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

Midea Group Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 2.5000002023-06-012023-05-312023-06-01Cash 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.

Midea Group Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.5/69.78
=3.58 %

Current Share Price is ¥69.78.
Midea Group Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥2.5.

During the past 13 years, the highest Dividend Yield of Midea Group Co was 4.97%. The lowest was 1.49%. And the median was 2.65%.

* 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.


Midea Group Co 3-Year Dividend Growth Rate Related Terms>


Midea Group Co (SZSE:000333) Business Description

Traded in Other Exchanges
N/A
Address
No. 6 Midea Avenue, Beijiao Town, Midea Headquarters Building, Shunde District, Guangdong Province, Foshan, CHN, 528311
Midea Group Co., Ltd. is one of the largest household appliance manufacturers in China, producing air conditioners, refrigerators, washing machines and small household appliances. It is consistently ranked as one of the top three players in China by retail sales in most of the home appliance products. The firm is also involved in industrial automation systems through its 100% stake in Kuka, a leading global player in the industry based in Germany. Heating, ventilation, and air-conditioning, or HVAC, products accounted for 44% of Midea's total revenue in 2022, followed by other consumer appliances (36%) and robotics and automation systems (9%). In addition, more than 40% of the group's sales is ex-China.

Midea Group Co (SZSE:000333) Headlines

No Headlines