Zhejiang Communications Technology Co (SZSE:002061) 3-Year Dividend Growth Rate : 25.50% (As of Mar. 2024)

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What is Zhejiang Communications Technology Co 3-Year Dividend Growth Rate?

Zhejiang Communications Technology Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

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

SZSE:002061' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 6.6 Med: 10.2 Max: 25.5
Current: 25.5

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Zhejiang Communications Technology Co was 25.50% per year. The lowest was 6.60% per year. And the median was 10.20% per year.

SZSE:002061's 3-Year Dividend Growth Rate is ranked better than
70.73% of 656 companies
in the Chemicals industry
Industry Median: 11.6 vs SZSE:002061: 25.50

During the past 12 months, Zhejiang Communications Technology Co's average Dividends Per Share Growth Rate was 47.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 25.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 16.10% 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.

Zhejiang Communications Technology Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, Zhejiang Communications Technology Co's Dividend Yield % is 4.38%.

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

Competitive Comparison of Zhejiang Communications Technology Co's 3-Year Dividend Growth Rate

For the Chemicals subindustry, Zhejiang Communications Technology 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.

Zhejiang Communications Technology Co's 3-Year Dividend Growth Rate Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Zhejiang Communications Technology Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Zhejiang Communications Technology Co's 3-Year Dividend Growth Rate falls into.

Zhejiang Communications Technology 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.

Zhejiang Communications Technology Co (SZSE:002061) 3-Year Dividend Growth Rate Explanation

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

Zhejiang Communications Technology 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	/	0.071
	=	0.00

During the past 13 years, the highest Dividend Payout Ratio of Zhejiang Communications Technology Co was 0.34. The lowest was 0.11. And the median was 0.15.

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

During the past 13 years, the highest Dividend Yield of Zhejiang Communications Technology Co was 4.96%. The lowest was 0.27%. And the median was 2.10%.

* 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.

Zhejiang Communications Technology Co 3-Year Dividend Growth Rate Related Terms>

Zhejiang Communications Technology Co (SZSE:002061) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Zhejiang Communications Technology Co Ltd (SZSE:002061) » Definitions » 3-Year Dividend Growth Rate

Traded in Other Exchanges

N/A

Address

No. 38 Jingxing East Road, Zheijiang Province, Jiangshan, CHN, 310051

Website

http://www.zjjiaoke.com

Zhejiang Communications Technology Co Ltd, formerly Zhejiang Jiangshan Chemical Co Ltd, is mainly engaged in the development, manufacturing, and sales of chemicals in China. The products offered by the company include dimethylformamide, Dimethylacetamide, Monomethylamine, Dimethylamine, Trimethylamine, and Sodium Methoxide Solution in Methanol.

Executives

Wu Wei	Director
Shao Wen Nian	Director
Zhang Xu	Independent director
Xing Jiang Nan	Director
Xu Chun Lin	Director
Yan Zi Qian	Supervisors
Zhou Min Xia	Supervisors

Zhejiang Communications Technology Co (SZSE:002061) Headlines

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