GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Baoshan Iron & Steel Co Ltd (SHSE:600019) » Definitions » 3-Year Dividend Growth Rate

Baoshan Iron & Steel Co (SHSE:600019) 3-Year Dividend Growth Rate : -9.10% (As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Baoshan Iron & Steel Co 3-Year Dividend Growth Rate?

Baoshan Iron & Steel Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

The historical rank and industry rank for Baoshan Iron & Steel Co's 3-Year Dividend Growth Rate or its related term are showing as below:

SHSE:600019' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -30.7   Med: 3.3   Max: 102.7
Current: -9.1

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Baoshan Iron & Steel Co was 102.70% per year. The lowest was -30.70% per year. And the median was 3.30% per year.

SHSE:600019's 3-Year Dividend Growth Rate is ranked worse than
81.11% of 217 companies
in the Steel industry
Industry Median: 14.5 vs SHSE:600019: -9.10

During the past 12 months, Baoshan Iron & Steel Co's average Dividends Per Share Growth Rate was -51.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -9.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -9.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 15.40% 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.

Baoshan Iron & Steel Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, Baoshan Iron & Steel Co's Dividend Yield % is 3.02%.

Warning Sign:

Baoshan Iron & Steel Co Ltd stock dividend yield is close to 2-year low.

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


Competitive Comparison of Baoshan Iron & Steel Co's 3-Year Dividend Growth Rate

For the Steel subindustry, Baoshan Iron & Steel 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.


Baoshan Iron & Steel Co's 3-Year Dividend Growth Rate Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Baoshan Iron & Steel Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Baoshan Iron & Steel Co's 3-Year Dividend Growth Rate falls into.



Baoshan Iron & Steel 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.


Baoshan Iron & Steel Co  (SHSE:600019) 3-Year Dividend Growth Rate Explanation

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

Baoshan Iron & Steel 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/ 0.072
=0.00

During the past 13 years, the highest Dividend Payout Ratio of Baoshan Iron & Steel Co was 2.57. The lowest was 0.11. And the median was 0.49.

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

Baoshan Iron & Steel Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.1100002023-10-162023-10-132023-10-16Cash Dividendsemi-annuallyCNY:CNY 1.000000
CNY 0.1000002023-06-142023-06-132023-06-14Cash 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.

Baoshan Iron & Steel Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.21/6.95
=3.02 %

Current Share Price is ¥6.95.
Baoshan Iron & Steel Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.21.

During the past 13 years, the highest Dividend Yield of Baoshan Iron & Steel Co was 12.12%. The lowest was 0.87%. And the median was 3.58%.

Warning Sign:

Baoshan Iron & Steel Co Ltd stock dividend yield is close to 2-year low.

* 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.


Baoshan Iron & Steel Co 3-Year Dividend Growth Rate Related Terms>


Baoshan Iron & Steel Co (SHSE:600019) Business Description

Traded in Other Exchanges
N/A
Address
No. 885 Fujin Road, Baosteel Command Center, Baoshan District, Shanghai, CHN, 201900
Baosteel is the listed entity of the largest steel group in China. Its steel businesses--which include steel manufacturing, processing, and distribution--account for roughly 95% of its revenue. The remainder consists of information technology, chemical, finance, and e-commerce activities. The firm focuses on flat steel and commands more than 50% of the domestic China cold-rolled automotive sheet market, roughly 80% of the China grain-oriented electrical steel market, and a third of the non-oriented electrical steel market.

Baoshan Iron & Steel Co (SHSE:600019) Headlines

No Headlines