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Shandong Hi-Speed Co (SHSE:600350) 3-Year Dividend Growth Rate : 1.70% (As of Mar. 2024)


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What is Shandong Hi-Speed Co 3-Year Dividend Growth Rate?

Shandong Hi-Speed Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

The historical rank and industry rank for Shandong Hi-Speed Co's 3-Year Dividend Growth Rate or its related term are showing as below:

SHSE:600350' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -12.6   Med: 10.75   Max: 60.9
Current: 1.7

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Shandong Hi-Speed Co was 60.90% per year. The lowest was -12.60% per year. And the median was 10.75% per year.

SHSE:600350's 3-Year Dividend Growth Rate is ranked worse than
66.5% of 591 companies
in the Construction industry
Industry Median: 8.8 vs SHSE:600350: 1.70

During the past 3 years, the average Dividends Per Share Growth Rate was 1.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 18.10% per year. During the past 10 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.

Shandong Hi-Speed Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, Shandong Hi-Speed Co's Dividend Yield % is 4.58%.

Warning Sign:

Shandong Hi-Speed Co Ltd stock dividend yield is close to 3-year low.

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


Competitive Comparison of Shandong Hi-Speed Co's 3-Year Dividend Growth Rate

For the Infrastructure Operations subindustry, Shandong Hi-Speed 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.


Shandong Hi-Speed Co's 3-Year Dividend Growth Rate Distribution in the Construction Industry

For the Construction industry and Industrials sector, Shandong Hi-Speed Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Shandong Hi-Speed Co's 3-Year Dividend Growth Rate falls into.



Shandong Hi-Speed 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.


Shandong Hi-Speed Co  (SHSE:600350) 3-Year Dividend Growth Rate Explanation

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

Shandong Hi-Speed 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/ 0.129
=0.00

During the past 13 years, the highest Dividend Payout Ratio of Shandong Hi-Speed Co was 1.04. The lowest was 0.31. And the median was 0.43.

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

Shandong Hi-Speed Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.4000002023-06-152023-06-142023-06-15Cash 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.

Shandong Hi-Speed Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.4/8.74
=4.58 %

Current Share Price is ¥8.74.
Shandong Hi-Speed Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.4.

During the past 13 years, the highest Dividend Yield of Shandong Hi-Speed Co was 15.03%. The lowest was 1.41%. And the median was 4.41%.

Warning Sign:

Shandong Hi-Speed Co Ltd stock dividend yield is close to 3-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.


Shandong Hi-Speed Co 3-Year Dividend Growth Rate Related Terms>


Shandong Hi-Speed Co (SHSE:600350) Business Description

Traded in Other Exchanges
N/A
Address
No. 5006, Aoti Middle Road, Shandong, Jinan, CHN, 250101
Shandong Hi-Speed Co Ltd is a China-based company mainly engaged in the investment and operation of transportation infrastructure. It is also engaged in activities of equity investment in the upstream and downstream industries, finance, and environmental protection of the highway industry chain. It operates and maintains toll roads, bridges, tunnels, and other infrastructure facilities. The company earns majority revenue in the form of Toll, railway transportation, sales of goods, project construction, and other businesses.

Shandong Hi-Speed Co (SHSE:600350) Headlines

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