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Dongguan Mentech Optical & Magnetic Co (SZSE:002902) 3-Year Dividend Growth Rate : -12.90% (As of Mar. 2024)


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What is Dongguan Mentech Optical & Magnetic Co 3-Year Dividend Growth Rate?

Dongguan Mentech Optical & Magnetic Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

The historical rank and industry rank for Dongguan Mentech Optical & Magnetic Co's 3-Year Dividend Growth Rate or its related term are showing as below:

SZSE:002902' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -12.9   Med: -12.9   Max: -12.9
Current: -12.9

During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of Dongguan Mentech Optical & Magnetic Co was -12.90% per year. The lowest was -12.90% per year. And the median was -12.90% per year.

SZSE:002902's 3-Year Dividend Growth Rate is ranked worse than
89.66% of 899 companies
in the Hardware industry
Industry Median: 14.2 vs SZSE:002902: -12.90

During the past 3 years, the average Dividends Per Share Growth Rate was -12.90% 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.

Dongguan Mentech Optical & Magnetic Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, Dongguan Mentech Optical & Magnetic Co's Dividend Yield % is 0.14%.

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


Competitive Comparison of Dongguan Mentech Optical & Magnetic Co's 3-Year Dividend Growth Rate

For the Electronic Components subindustry, Dongguan Mentech Optical & Magnetic 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.


Dongguan Mentech Optical & Magnetic Co's 3-Year Dividend Growth Rate Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Dongguan Mentech Optical & Magnetic Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Dongguan Mentech Optical & Magnetic Co's 3-Year Dividend Growth Rate falls into.



Dongguan Mentech Optical & Magnetic 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.


Dongguan Mentech Optical & Magnetic Co  (SZSE:002902) 3-Year Dividend Growth Rate Explanation

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

Dongguan Mentech Optical & Magnetic 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/ -0.114
=N/A

During the past 12 years, the highest Dividend Payout Ratio of Dongguan Mentech Optical & Magnetic Co was 2.38. The lowest was 0.36. And the median was 1.49.

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

Dongguan Mentech Optical & Magnetic Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.0330002023-06-142023-06-132023-06-14Cash 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.

Dongguan Mentech Optical & Magnetic Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.033/22.53
=0.15 %

Current Share Price is ¥22.53.
Dongguan Mentech Optical & Magnetic Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.033.

During the past 12 years, the highest Dividend Yield of Dongguan Mentech Optical & Magnetic Co was 0.90%. The lowest was 0.09%. And the median was 0.23%.

* 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.


Dongguan Mentech Optical & Magnetic Co 3-Year Dividend Growth Rate Related Terms>


Dongguan Mentech Optical & Magnetic Co (SZSE:002902) Business Description

Traded in Other Exchanges
N/A
Address
The Middle 9th Road, Shajing Village, Miao Biangwang, Shipai Town, Guangdong Province, Dongguan, CHN, 523330
Dongguan Mentech Optical & Magnetic Co Ltd is engaged in the research and development and manufacturing of magnetic and optical components and modules. The company has three key product lines: magnetic components, optical components and modules and new energy power supply systems. Its products are widely used in the access network, backbone, metro, fibre optic switches, fibre optic transceivers, digital television, optical communication, motherboards, network switches, routers, set-top boxes and network data communication industries. The company has an operational presence across Beijing, Hong Kong, Taiwan, USA, and Korea.
Executives
Li Jing Zhou Directors, executives
Yang Xian Jin Director
Ye Zi Hong Supervisors

Dongguan Mentech Optical & Magnetic Co (SZSE:002902) Headlines

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