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Tangshannyou Chemical Industries Co (SHSE:600409) 3-Year Dividend Growth Rate : -4.20% (As of Mar. 2024)


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What is Tangshannyou Chemical Industries Co 3-Year Dividend Growth Rate?

Tangshannyou Chemical Industries Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

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

SHSE:600409' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -26   Med: 16   Max: 67.6
Current: -4.2

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tangshannyou Chemical Industries Co was 67.60% per year. The lowest was -26.00% per year. And the median was 16.00% per year.

SHSE:600409's 3-Year Dividend Growth Rate is ranked worse than
77.29% of 678 companies
in the Chemicals industry
Industry Median: 10.15 vs SHSE:600409: -4.20

During the past 12 months, Tangshannyou Chemical Industries Co's average Dividends Per Share Growth Rate was -40.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -4.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -7.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 19.80% 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.

Tangshannyou Chemical Industries Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, Tangshannyou Chemical Industries Co's Dividend Yield % is 2.54%.

Warning Sign:

Tangshan Sanyou Chemical Industries Co Ltd stock dividend yield is close to 2-year low.

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


Competitive Comparison of Tangshannyou Chemical Industries Co's 3-Year Dividend Growth Rate

For the Specialty Chemicals subindustry, Tangshannyou Chemical Industries 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.


Tangshannyou Chemical Industries Co's 3-Year Dividend Growth Rate Distribution in the Chemicals Industry

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

* The bar in red indicates where Tangshannyou Chemical Industries Co's 3-Year Dividend Growth Rate falls into.



Tangshannyou Chemical Industries 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.


Tangshannyou Chemical Industries Co  (SHSE:600409) 3-Year Dividend Growth Rate Explanation

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

Tangshannyou Chemical Industries 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/ 0.039
=0.00

During the past 13 years, the highest Dividend Payout Ratio of Tangshannyou Chemical Industries Co was 0.80. The lowest was 0.13. And the median was 0.34.

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

Tangshannyou Chemical Industries Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.1460002023-06-142023-06-132023-06-14Cash 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.

Tangshannyou Chemical Industries Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.146/5.75
=2.54 %

Current Share Price is ¥5.75.
Tangshannyou Chemical Industries Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.146.

During the past 13 years, the highest Dividend Yield of Tangshannyou Chemical Industries Co was 5.42%. The lowest was 0.40%. And the median was 1.99%.

Warning Sign:

Tangshan Sanyou Chemical Industries Co Ltd stock dividend yield is close to 2-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.


Tangshannyou Chemical Industries Co 3-Year Dividend Growth Rate Related Terms>


Tangshannyou Chemical Industries Co (SHSE:600409) Business Description

Traded in Other Exchanges
N/A
Address
Nanbao Development Zone, Tangshan, Hebei, CHN, 063305
Tangshan Sanyou Chemical Industries Co Ltd is principally engaged in the production and sale of chemical products. Sanyou's technical process includes squeezing and pressing method, solid phase, and liquid phase. The company offers dense and light soda ash, hydration dense and extrusion dense soda ash, normal, low salt, super-low salt, and special low soda ash, industrial soda ash, food additive soda ash, viscose fiber, PVC and caustic soda products. In addition, the company offers salt products comprising industry salt, refined powder salt, industrial washing brine and magnesium chloride.

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