GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hangzhou Oxygen Plant Group Co Ltd (SZSE:002430) » Definitions » 3-Year Dividend Growth Rate

Hangzhou Oxygen Plant Group Co (SZSE:002430) 3-Year Dividend Growth Rate : 77.10% (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Hangzhou Oxygen Plant Group Co 3-Year Dividend Growth Rate?

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

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

SZSE:002430' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -48.7   Med: 49.4   Max: 81.7
Current: 77.1

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Hangzhou Oxygen Plant Group Co was 81.70% per year. The lowest was -48.70% per year. And the median was 49.40% per year.

SZSE:002430's 3-Year Dividend Growth Rate is ranked better than
95.19% of 1082 companies
in the Industrial Products industry
Industry Median: 13 vs SZSE:002430: 77.10

During the past 12 months, Hangzhou Oxygen Plant Group Co's average Dividends Per Share Growth Rate was 66.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 77.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 62.00% 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.

Hangzhou Oxygen Plant Group Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, Hangzhou Oxygen Plant Group Co's Dividend Yield % is 4.05%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Hangzhou Oxygen Plant Group Co Ltd is 0.93, which seems too high.

Good Sign:

Hangzhou Oxygen Plant Group Co Ltd stock dividend yield is close to 10-year high.

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


Competitive Comparison of Hangzhou Oxygen Plant Group Co's 3-Year Dividend Growth Rate

For the Specialty Industrial Machinery subindustry, Hangzhou Oxygen Plant 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.


Hangzhou Oxygen Plant Group Co's 3-Year Dividend Growth Rate Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hangzhou Oxygen Plant Group Co's 3-Year Dividend Growth Rate distribution charts can be found below:

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



Hangzhou Oxygen Plant 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.


Hangzhou Oxygen Plant Group Co  (SZSE:002430) 3-Year Dividend Growth Rate Explanation

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

Hangzhou Oxygen Plant 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/ 0.199
=0.00

During the past 13 years, the highest Dividend Payout Ratio of Hangzhou Oxygen Plant Group Co was 0.93. The lowest was 0.10. And the median was 0.26.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Hangzhou Oxygen Plant Group Co Ltd is 0.93, which seems too high.

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

Hangzhou Oxygen Plant Group Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.8000002024-05-152024-05-142024-05-15Cash Dividendsemi-annuallyCNY:CNY 1.000000
CNY 0.2000002023-09-262023-09-252023-09-26Cash Dividendsemi-annuallyCNY: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.

Hangzhou Oxygen Plant Group Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1/24.39
=4.10 %

Current Share Price is ¥24.39.
Hangzhou Oxygen Plant Group Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥1.

During the past 13 years, the highest Dividend Yield of Hangzhou Oxygen Plant Group Co was 4.24%. The lowest was 0.17%. And the median was 0.83%.

Good Sign:

Hangzhou Oxygen Plant Group Co Ltd stock dividend yield is close to 10-year high.

* 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.


Hangzhou Oxygen Plant Group Co 3-Year Dividend Growth Rate Related Terms>


Hangzhou Oxygen Plant Group Co (SZSE:002430) Business Description

Traded in Other Exchanges
N/A
Address
No.799 Xiangfu Road, Qingshanhu Street, Lin'an District, Zhejiang Province, Hangzhou, CHN, 310014
Hangzhou Oxygen Plant Group Co Ltd is engaged in production and sale of air separation equipment, petrochemical equipment and various gas products. The company designs and manufactures pressure vessels, provides technical consultation, technical service of general machinery and chemical equipment, oxygen production and manufactures and sells industrial and mining accessories.
Executives
Mao Shao Rong Directors, executives
Zhao Da Wei Directors, executives
Li Li Feng Supervisors
Qiu Qiu Rong Executives
Ge Qian Jin Executives
Tao Zi Ping Supervisors
Xu Di Executives

Hangzhou Oxygen Plant Group Co (SZSE:002430) Headlines

No Headlines