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Impro Precision Industries (HKSE:01286) 3-Year Dividend Growth Rate : 41.90% (As of Dec. 2023)


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What is Impro Precision Industries 3-Year Dividend Growth Rate?

Impro Precision Industries's Dividends per Share for the six months ended in Dec. 2023 was HK$0.08.

The historical rank and industry rank for Impro Precision Industries's 3-Year Dividend Growth Rate or its related term are showing as below:

HKSE:01286' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 41.9   Med: 48.95   Max: 56
Current: 41.9

During the past 8 years, the highest 3-Year average Dividends Per Share Growth Rate of Impro Precision Industries was 56.00% per year. The lowest was 41.90% per year. And the median was 48.95% per year.

HKSE:01286's 3-Year Dividend Growth Rate is ranked better than
86.53% of 1121 companies
in the Industrial Products industry
Industry Median: 11 vs HKSE:01286: 41.90

During the past 12 months, Impro Precision Industries's average Dividends Per Share Growth Rate was 5.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 41.90% 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.

Impro Precision Industries's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.52. As of today, Impro Precision Industries's Dividend Yield % is 7.69%.

Good Sign:

Impro Precision Industries Ltd stock dividend yield is close to 5-year high.

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


Competitive Comparison of Impro Precision Industries's 3-Year Dividend Growth Rate

For the Specialty Industrial Machinery subindustry, Impro Precision Industries'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.


Impro Precision Industries's 3-Year Dividend Growth Rate Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Impro Precision Industries's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Impro Precision Industries's 3-Year Dividend Growth Rate falls into.



Impro Precision Industries 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.


Impro Precision Industries  (HKSE:01286) 3-Year Dividend Growth Rate Explanation

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

Impro Precision Industries's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.08/ 0.153
=0.52

During the past 8 years, the highest Dividend Payout Ratio of Impro Precision Industries was 0.52. The lowest was 0.13. And the median was 0.33.

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

Impro Precision Industries Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
HKD 0.0800002024-03-252024-03-272024-04-11Cash Dividendsemi-annuallyHKD:HKD 1.000000
HKD 0.0800002023-08-212023-08-232023-09-06Cash Dividendsemi-annuallyHKD:HKD 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.

Impro Precision Industries's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.16/2.08
=7.69 %

Current Share Price is HK$2.08.
Impro Precision Industries's Dividends per Share for the trailing twelve months (TTM) ended in Today is HK$0.16.

During the past 8 years, the highest Dividend Yield of Impro Precision Industries was 7.69%. The lowest was 1.13%. And the median was 2.35%.

Good Sign:

Impro Precision Industries Ltd stock dividend yield is close to 5-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.


Impro Precision Industries 3-Year Dividend Growth Rate Related Terms>


Impro Precision Industries (HKSE:01286) Business Description

Traded in Other Exchanges
Address
6-8 Harbour Road, Unit 803, Shui On Centre, Wanchai, Hong Kong, HKG
Impro Precision Industries Ltd is an investment holding company. It operates in four segments: Investment casting, Precision machining and others, Sand casting, and Surface Treatment. The products and services offered are widely applied to various end-markets, including passenger cars, commercial vehicles, high horsepower engines, hydraulic equipment, construction equipment, agricultural equipment, recreational boats and vehicles, aerospace, and medical. Its geographical segments are the Americas, Europe, and Asia, of which key revenue is generated from the Americas.

Impro Precision Industries (HKSE:01286) Headlines

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