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Ganfeng Lithium Group Co (SZSE:002460) 3-Year Dividend Growth Rate : 67.20% (As of Dec. 2023)


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What is Ganfeng Lithium Group Co 3-Year Dividend Growth Rate?

Ganfeng Lithium Group Co's Dividends per Share for the three months ended in Dec. 2023 was ¥0.00.

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

SZSE:002460' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -17.5   Med: 38.7   Max: 99.3
Current: 67.2

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ganfeng Lithium Group Co was 99.30% per year. The lowest was -17.50% per year. And the median was 38.70% per year.

SZSE:002460's 3-Year Dividend Growth Rate is ranked better than
93.5% of 692 companies
in the Chemicals industry
Industry Median: 9.15 vs SZSE:002460: 67.20

During the past 12 months, Ganfeng Lithium Group Co's average Dividends Per Share Growth Rate was 233.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 67.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 30.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 45.90% 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.

Ganfeng Lithium Group Co's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00. As of today, Ganfeng Lithium Group Co's Dividend Yield % is 2.84%.

Good Sign:

Ganfeng Lithium Group Co Ltd stock dividend yield is close to 10-year high.

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


Competitive Comparison of Ganfeng Lithium Group Co's 3-Year Dividend Growth Rate

For the Chemicals subindustry, Ganfeng Lithium Group 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.


Ganfeng Lithium Group Co's 3-Year Dividend Growth Rate Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ganfeng Lithium Group Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Ganfeng Lithium Group Co's 3-Year Dividend Growth Rate falls into.



Ganfeng Lithium Group 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.


Ganfeng Lithium Group Co  (SZSE:002460) 3-Year Dividend Growth Rate Explanation

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

Ganfeng Lithium Group Co'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/ -0.229
=N/A

During the past 13 years, the highest Dividend Payout Ratio of Ganfeng Lithium Group Co was 0.97. The lowest was 0.03. And the median was 0.30.

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

Ganfeng Lithium Group Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 1.0000002023-07-122023-07-112023-07-12Cash 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.

Ganfeng Lithium Group Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1/35.26
=2.84 %

Current Share Price is ¥35.26.
Ganfeng Lithium Group Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥1.

During the past 13 years, the highest Dividend Yield of Ganfeng Lithium Group Co was 3.02%. The lowest was 0.11%. And the median was 0.39%.

Good Sign:

Ganfeng Lithium Group Co Ltd stock dividend yield is close to 10-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.


Ganfeng Lithium Group Co 3-Year Dividend Growth Rate Related Terms>


Ganfeng Lithium Group Co (SZSE:002460) Business Description

Traded in Other Exchanges
Address
248 Queen’s Road East, 40th Floor, Dah Sing Financial Centre, Wanchai, Hong Kong, HKG
Founded in 2000, Ganfeng is the world's third largest and China's largest lithium compounds producer and the world's largest lithium metals producer in terms of production capacity. The company offers five major categories of more than 40 lithium compounds and metals products, which is one of the most comprehensive product offerings among the suppliers globally. Starting as a midstream manufacturer of lithium compounds and lithium metals, Ganfeng has successfully expanded into a vertically integrated business model with operations along the critical stages of the industry value chain, including upstream lithium extraction, midstream lithium compounds and metals processing, and downstream lithium battery production and recycling.

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