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2 Cheap Cars Group (NZSE:2CC) 5-Year Dividend Growth Rate : 0.00% (As of Mar. 2024)


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What is 2 Cheap Cars Group 5-Year Dividend Growth Rate?

2 Cheap Cars Group's Dividends per Share for the six months ended in Mar. 2024 was NZ$0.04.

During the past 12 months, 2 Cheap Cars Group's average Dividends Per Share Growth Rate was 600.00% 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.

2 Cheap Cars Group's Dividend Payout Ratio for the six months ended in Mar. 2024 was 0.60. As of today, 2 Cheap Cars Group's Dividend Yield % is 10.02%.

Good Sign:

2 Cheap Cars Group Ltd stock dividend yield is close to 1-year high.

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


Competitive Comparison of 2 Cheap Cars Group's 5-Year Dividend Growth Rate

For the Auto & Truck Dealerships subindustry, 2 Cheap Cars Group's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-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.


2 Cheap Cars Group's 5-Year Dividend Growth Rate Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, 2 Cheap Cars Group's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where 2 Cheap Cars Group's 5-Year Dividend Growth Rate falls into.



2 Cheap Cars Group 5-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 least square regression.

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.


2 Cheap Cars Group  (NZSE:2CC) 5-Year Dividend Growth Rate Explanation

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

2 Cheap Cars Group'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 )
=0.042/ 0.07
=0.60

During the past 4 years, the highest Dividend Payout Ratio of 2 Cheap Cars Group was 1.16. The lowest was 0.21. And the median was 0.30.

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

2 Cheap Cars Group Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
NZD 0.0416002024-05-302024-05-312024-06-14Cash Dividendsemi-annuallyNZD:NZD 1.000000
NZD 0.0416002023-11-212023-11-222023-12-06Cash Dividendsemi-annuallyNZD:NZD 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.

2 Cheap Cars Group's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.0832/0.84
=9.90 %

Current Share Price is NZ$0.84.
2 Cheap Cars Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is NZ$0.0832.

During the past 4 years, the highest Dividend Yield of 2 Cheap Cars Group was 24.00%. The lowest was 0.69%. And the median was 5.25%.

Good Sign:

2 Cheap Cars Group Ltd stock dividend yield is close to 1-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.


2 Cheap Cars Group 5-Year Dividend Growth Rate Related Terms

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2 Cheap Cars Group (NZSE:2CC) Business Description

Traded in Other Exchanges
N/A
Address
102 Mays Road, Onehunga, Auckland, NTL, NZL, 1061
2 Cheap Cars Group Ltd is an integrated automotive group operating throughout New Zealand via two divisions: Automotive Retail and Finance. The 2 Cheap Cars Group draws revenue from the two divisions: automotive retail division, revenue is primarily from the sale of vehicles and from agent commissions relating to third-party finance and insurance products. NZ Motor Finance (NZMF) generates finance income from lending to customers who are financing vehicles, and from selling guaranteed asset protection insurance (GAP) and payment protection insurance (PPI) products.

2 Cheap Cars Group (NZSE:2CC) Headlines

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