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Bank Of Ningbo Co (SZSE:002142) 3-Year Dividend Growth Rate : 1.50% (As of Mar. 2024)


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What is Bank Of Ningbo Co 3-Year Dividend Growth Rate?

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

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

SZSE:002142' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 1.5   Med: 9.4   Max: 30.9
Current: 1.5

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Bank Of Ningbo Co was 30.90% per year. The lowest was 1.50% per year. And the median was 9.40% per year.

SZSE:002142's 3-Year Dividend Growth Rate is ranked worse than
77.98% of 772 companies
in the Banks industry
Industry Median: 7.7 vs SZSE:002142: 1.50

During the past 3 years, the average Dividends Per Share Growth Rate was 1.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 11.10% 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.

Bank Of Ningbo Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, Bank Of Ningbo Co's Dividend Yield % is 1.93%.

Warning Sign:

Bank Of Ningbo Co Ltd stock dividend yield is close to 1-year low.

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


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

For the Banks - Regional subindustry, Bank Of Ningbo 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.


Bank Of Ningbo Co's 3-Year Dividend Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank Of Ningbo Co's 3-Year Dividend Growth Rate distribution charts can be found below:

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



Bank Of Ningbo 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.


Bank Of Ningbo Co  (SZSE:002142) 3-Year Dividend Growth Rate Explanation

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

Bank Of Ningbo 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/ 1.06
=0.00

During the past 13 years, the highest Dividend Payout Ratio of Bank Of Ningbo Co was 0.23. The lowest was 0.13. And the median was 0.18.

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

Bank Of Ningbo Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.5000002023-07-122023-07-112023-07-12Cash 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.5/25.72
=1.94 %

Current Share Price is ¥25.72.
Bank Of Ningbo Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.5.

During the past 13 years, the highest Dividend Yield of Bank Of Ningbo Co was 3.98%. The lowest was 1.10%. And the median was 1.89%.

Warning Sign:

Bank Of Ningbo Co Ltd stock dividend yield is close to 1-year low.

* 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.


Bank Of Ningbo Co 3-Year Dividend Growth Rate Related Terms>


Bank Of Ningbo Co (SZSE:002142) Business Description

Traded in Other Exchanges
N/A
Address
No. 345, Ningdong Road, Yinzhou District, Zhejiang Province, Ningbo, CHN, 315100
Bank of Ningbo is the fifth largest city commercial bank in China by total assets. Established in 1997 and listed on the Shenzhen Exchange in 2007, the bank is headquartered in Ningbo, a vice provincial city in Zhejiang province. It has a differentiated positioning in SME and nonmortgage retail loan business. The bank has established 16 branches in Zhejiang Province, Jiangsu Province, Shanghai, Beijing, and Guangdong Province. These regions contributed about 29%, 23%, 5%, 4%, and 4%, respectively, to revenue in 2022. It has a diversified shareholding structure, with SASAC of Ningbo Municipal Government, Singapore's OCBC Bank, and Youngor Group holding 19%, 18%, and 8% of the shares, respectively, as of end-March 2023.

Bank Of Ningbo Co (SZSE:002142) Headlines

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