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GSP Automotive Group Wenzhou Co (SHSE:605088) 3-Year Dividend Growth Rate : 18.60% (As of Mar. 2024)


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What is GSP Automotive Group Wenzhou Co 3-Year Dividend Growth Rate?

GSP Automotive Group Wenzhou Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

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

SHSE:605088' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 18.6   Med: 18.6   Max: 18.6
Current: 18.6

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of GSP Automotive Group Wenzhou Co was 18.60% per year. The lowest was 18.60% per year. And the median was 18.60% per year.

SHSE:605088's 3-Year Dividend Growth Rate is ranked better than
66.6% of 521 companies
in the Vehicles & Parts industry
Industry Median: 11.5 vs SHSE:605088: 18.60

During the past 12 months, GSP Automotive Group Wenzhou Co's average Dividends Per Share Growth Rate was 66.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 18.60% 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.

GSP Automotive Group Wenzhou Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, GSP Automotive Group Wenzhou Co's Dividend Yield % is 2.18%.

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


Competitive Comparison of GSP Automotive Group Wenzhou Co's 3-Year Dividend Growth Rate

For the Auto Parts subindustry, GSP Automotive Group Wenzhou 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.


GSP Automotive Group Wenzhou Co's 3-Year Dividend Growth Rate Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, GSP Automotive Group Wenzhou Co's 3-Year Dividend Growth Rate distribution charts can be found below:

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



GSP Automotive Group Wenzhou 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.


GSP Automotive Group Wenzhou Co  (SHSE:605088) 3-Year Dividend Growth Rate Explanation

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

GSP Automotive Group Wenzhou 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/ 0.398
=0.00

During the past 11 years, the highest Dividend Payout Ratio of GSP Automotive Group Wenzhou Co was 0.79. The lowest was 0.23. And the median was 0.37.

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

GSP Automotive Group Wenzhou Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.5000002023-06-292023-06-282023-06-29Cash 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.

GSP Automotive Group Wenzhou Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.5/23.13
=2.16 %

Current Share Price is ¥23.13.
GSP Automotive Group Wenzhou Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.5.

During the past 11 years, the highest Dividend Yield of GSP Automotive Group Wenzhou Co was 3.90%. The lowest was 1.34%. And the median was 1.83%.

* 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.


GSP Automotive Group Wenzhou Co 3-Year Dividend Growth Rate Related Terms>


GSP Automotive Group Wenzhou Co (SHSE:605088) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Gaoxiang Road,, Ouhai High-tech Industrial Park, Zhejiang Province, Wenzhou, CHN, 325006
GSP Automotive Group Wenzhou Co Ltd is engaged in the research, development, production and sales of automotive transmission system components. The company produces drive shafts, constant velocity joint kits, hub assemblies wheel bearings and rubber-to-metal components. Its product categories include Drive Shaft; CV Joint; Boot Kits; Hub Assembly; Wheel Bearing; Rubber Mounting; and Steering and Suspension.

GSP Automotive Group Wenzhou Co (SHSE:605088) Headlines

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