SZSE:000039's Dividend Yield % is ranked better than 54.37% of 1854
companies
in the Industrial Products industry
Industry Median: 1.78
vs SZSE:000039: 1.98
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of China International Marine Containers (Group) Co Ltd is 0.98, which seems too high.
During the past 12 months, China International Marine Containers (Group) Co's average Dividends Per Share Growth Rate was -73.90% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 31.00% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 12.80% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 9.00% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of China International Marine Containers (Group) Co was 58.50% per year. The lowest was -39.60% per year. And the median was 23.40% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
China International Marine Containers (Group) Co Dividend Yield % Historical Data
* 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.
* Premium members only.
China International Marine Containers (Group) Co Dividend Yield % Chart
China International Marine Containers (Group) Co Annual Data
Competitive Comparison of China International Marine Containers (Group) Co's Dividend Yield %
For the Metal Fabrication subindustry, China International Marine Containers (Group) Co's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 International Marine Containers (Group) Co's Dividend Yield % Distribution in the Industrial Products Industry
* The bar in red indicates where China International Marine Containers (Group) Co's Dividend Yield % falls into.
China International Marine Containers (Group) Co Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
China International Marine Containers (Group) Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CNY 0.180000
2023-08-18
2023-08-17
2023-08-18
Cash Dividend
annually
CNY: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.
* 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 International Marine Containers (Group) Co (SZSE:000039) Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
China International Marine Containers (Group) Co Dividend Yield % Related Terms
Thank you for viewing the detailed overview of China International Marine Containers (Group) Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
China International Marine Containers (Group) Co (SZSE:000039) Business Description
China International Marine Containers (Group) Co Ltd is one of China's manufacturers of road transportation vehicles and high-end offshore engineering equipment. It provides a range of containers, trucks, chemical and food equipment, energy products, and airport structures. In addition, the company offers services related to design, engineering, transportation, and energy distribution. The group offers various standard and specialty containers to account for different conditions and take advantage of mass production capabilities. Technical and maintenance services boost revenue and increase contact with customers to gain feedback and observe industry conditions. The company has a world wide distribution network, but the majority of sales derive from Asia.
China International Marine Containers (Group) Co (SZSE:000039) Headlines
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