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Wuhan Jingce Electronic Group Co (SZSE:300567) 5-Year Dividend Growth Rate : 7.80% (As of Mar. 2024)


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What is Wuhan Jingce Electronic Group Co 5-Year Dividend Growth Rate?

Wuhan Jingce Electronic Group Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

During the past 5 years, the average Dividends Per Share Growth Rate was 7.80% 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.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Wuhan Jingce Electronic Group Co was 31.10% per year. The lowest was -3.40% per year. And the median was 21.60% per year.

Wuhan Jingce Electronic Group Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, Wuhan Jingce Electronic Group Co's Dividend Yield % is 0.34%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Wuhan Jingce Electronic Group Co Ltd is 0.75, which seems too high.

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


Competitive Comparison of Wuhan Jingce Electronic Group Co's 5-Year Dividend Growth Rate

For the Scientific & Technical Instruments subindustry, Wuhan Jingce Electronic Group Co'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.


Wuhan Jingce Electronic Group Co's 5-Year Dividend Growth Rate Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Wuhan Jingce Electronic Group Co's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Wuhan Jingce Electronic Group Co's 5-Year Dividend Growth Rate falls into.



Wuhan Jingce Electronic Group Co 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.


Wuhan Jingce Electronic Group Co  (SZSE:300567) 5-Year Dividend Growth Rate Explanation

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

Wuhan Jingce Electronic 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/ -0.066
=N/A

During the past 13 years, the highest Dividend Payout Ratio of Wuhan Jingce Electronic Group Co was 1.77. The lowest was 0.15. And the median was 0.35.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Wuhan Jingce Electronic Group Co Ltd is 0.75, which seems too high.

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

Wuhan Jingce Electronic Group Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.2000002024-05-242024-05-232024-05-24Cash 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.

Wuhan Jingce Electronic Group Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.2/58.40
=0.34 %

Current Share Price is ¥58.40.
Wuhan Jingce Electronic Group Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.2.

During the past 13 years, the highest Dividend Yield of Wuhan Jingce Electronic Group Co was 0.91%. The lowest was 0.24%. And the median was 0.49%.

* 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.


Wuhan Jingce Electronic Group Co 5-Year Dividend Growth Rate Related Terms

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Wuhan Jingce Electronic Group Co (SZSE:300567) Business Description

Traded in Other Exchanges
N/A
Address
No.53 Nanhu Avenue, 4 Floor, Hongshan Science & Technology Innovation Center, Hongshan District, Wuhan, CHN, 430070
Wuhan Jingce Electronic Group Co Ltd operates in the domestic flat panel display industry. The company is mainly engaged in the research and development, production and sales of flat panel display detection systems. The company's main products include module test system, panel test system, OLED test system, AOI system, touch panel test system and FPD automation equipment.
Executives
Shen Ya Fei Directors, executives
Liu Bing Hua Directors, executives
You Li Juan Executives
Yang Shen Dong Executives
Chen Kai Directors, executives
Peng Qian Director
Luo Zhen Chuan Executives
Ma Jun Executives
Han Yu Hua Supervisors

Wuhan Jingce Electronic Group Co (SZSE:300567) Headlines

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