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China Merchants Energy Shipping Co (SHSE:601872) 3-Year Dividend Growth Rate : 31.80% (As of Mar. 2024)


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What is China Merchants Energy Shipping Co 3-Year Dividend Growth Rate?

China Merchants Energy Shipping Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

The historical rank and industry rank for China Merchants Energy Shipping Co's 3-Year Dividend Growth Rate or its related term are showing as below:

SHSE:601872' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -54.2   Med: 11.2   Max: 122.4
Current: 31.8

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of China Merchants Energy Shipping Co was 122.40% per year. The lowest was -54.20% per year. And the median was 11.20% per year.

SHSE:601872's 3-Year Dividend Growth Rate is ranked better than
68.63% of 306 companies
in the Oil & Gas industry
Industry Median: 14.5 vs SHSE:601872: 31.80

During the past 12 months, China Merchants Energy Shipping Co's average Dividends Per Share Growth Rate was 72.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 31.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 41.30% 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.

China Merchants Energy Shipping Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, China Merchants Energy Shipping Co's Dividend Yield % is 2.23%.

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


Competitive Comparison of China Merchants Energy Shipping Co's 3-Year Dividend Growth Rate

For the Oil & Gas Midstream subindustry, China Merchants Energy Shipping 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.


China Merchants Energy Shipping Co's 3-Year Dividend Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, China Merchants Energy Shipping Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where China Merchants Energy Shipping Co's 3-Year Dividend Growth Rate falls into.



China Merchants Energy Shipping 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.


China Merchants Energy Shipping Co  (SHSE:601872) 3-Year Dividend Growth Rate Explanation

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

China Merchants Energy Shipping 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/ 0.169
=0.00

During the past 13 years, the highest Dividend Payout Ratio of China Merchants Energy Shipping Co was 1.66. The lowest was 0.15. And the median was 0.24.

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

China Merchants Energy Shipping Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.1900002023-06-202023-06-192023-06-20Cash 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.

China Merchants Energy Shipping Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.19/8.53
=2.23 %

Current Share Price is ¥8.53.
China Merchants Energy Shipping Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.19.

During the past 13 years, the highest Dividend Yield of China Merchants Energy Shipping Co was 3.37%. The lowest was 0.13%. And the median was 1.35%.

* 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.


China Merchants Energy Shipping Co 3-Year Dividend Growth Rate Related Terms>


China Merchants Energy Shipping Co (SHSE:601872) Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Zhongshan East 1st Road, Shanghai, Shanghai, CHN, 200002
China Merchants Energy Shipping Co Ltd is a China-based company engages in the tanker transportation, bulk cargo vessel transportation and liquid natural gas (LNG) vessel transportation. It provides a full range of energy transportation services running a large diversity of vessels, including crude oil tankers, dry bulk carriers, and LNG carriers. It provides services to the customers from China, Japan, Korea, Southeast Asia and the United States and other countries.

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