SHSE:601238's Forward Dividend Yield % is ranked better than 93.8% of 807
companies
in the Vehicles & Parts industry
Industry Median: 2.42
vs SHSE:601238: 2.65
During the past 3 years, the average Dividends Per Share Growth Rate was 8.50% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was -10.40% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 11.30% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Guangzhou Automobile Group Co was 52.80% per year. The lowest was -21.10% per year. And the median was 8.50% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison of Guangzhou Automobile Group Co's Forward Dividend Yield %
For the Auto Manufacturers subindustry, Guangzhou Automobile Group Co's Forward Dividend Yield %, along with its competitors' market caps and Forward 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.
Guangzhou Automobile Group Co's Forward Dividend Yield % Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Guangzhou Automobile Group Co's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Guangzhou Automobile Group Co's Forward Dividend Yield % falls into.
Guangzhou Automobile Group Co Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Guangzhou Automobile Group Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CNY 0.050000
2023-09-18
2023-09-15
2023-09-18
Cash Dividend
semi-annually
CNY:CNY 1.000000
CNY 0.180000
2023-06-16
2023-06-15
2023-06-16
Cash Dividend
semi-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.
Guangzhou Automobile Group Co (SHSE:601238) Forward 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.
Guangzhou Automobile Group Co Forward Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Guangzhou Automobile Group Co's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Guangzhou Automobile Group Co (SHSE:601238) Business Description
Guangzhou Automobile Group Co Ltd is a state-controlled producer of passenger vehicles, motorcycles, and auto parts. The company's activities are broadly classified into two segments; The vehicles and related operations segment include the production and sale of a variety of passenger vehicles, commercial vehicles, automotive parts, and related operations, and the Others segment includes mainly the production and sale of motorcycles, automobile finance, and insurance, other financing services, and investing businesses. The firm's operations are spread across Mainland China and Hong Kong. Its vehicles segment generates a majority of the revenues for the company. Geographically, it derives a majority of its revenue from Mainland China.
Guangzhou Automobile Group Co (SHSE:601238) Headlines
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