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Shanghai Taisheng Wind Power Equipment Co (SZSE:300129) 3-Year Dividend Growth Rate : -20.60% (As of Mar. 2024)


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What is Shanghai Taisheng Wind Power Equipment Co 3-Year Dividend Growth Rate?

Shanghai Taisheng Wind Power Equipment Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

The historical rank and industry rank for Shanghai Taisheng Wind Power Equipment Co's 3-Year Dividend Growth Rate or its related term are showing as below:

SZSE:300129' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -20.6   Med: 16.2   Max: 37.5
Current: -20.6

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Shanghai Taisheng Wind Power Equipment Co was 37.50% per year. The lowest was -20.60% per year. And the median was 16.20% per year.

SZSE:300129's 3-Year Dividend Growth Rate is ranked worse than
91.28% of 1101 companies
in the Industrial Products industry
Industry Median: 11.9 vs SZSE:300129: -20.60

During the past 12 months, Shanghai Taisheng Wind Power Equipment Co's average Dividends Per Share Growth Rate was -16.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -20.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -8.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 10.20% 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.

Shanghai Taisheng Wind Power Equipment Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, Shanghai Taisheng Wind Power Equipment Co's Dividend Yield % is 0.66%.

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


Competitive Comparison of Shanghai Taisheng Wind Power Equipment Co's 3-Year Dividend Growth Rate

For the Specialty Industrial Machinery subindustry, Shanghai Taisheng Wind Power Equipment 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.


Shanghai Taisheng Wind Power Equipment Co's 3-Year Dividend Growth Rate Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai Taisheng Wind Power Equipment Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Shanghai Taisheng Wind Power Equipment Co's 3-Year Dividend Growth Rate falls into.



Shanghai Taisheng Wind Power Equipment 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.


Shanghai Taisheng Wind Power Equipment Co  (SZSE:300129) 3-Year Dividend Growth Rate Explanation

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

Shanghai Taisheng Wind Power Equipment 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/ 0.055
=0.00

During the past 13 years, the highest Dividend Payout Ratio of Shanghai Taisheng Wind Power Equipment Co was 5.33. The lowest was 0.15. And the median was 0.24.

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

Shanghai Taisheng Wind Power Equipment Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.0500002023-07-062023-07-052023-07-06Cash 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.

Shanghai Taisheng Wind Power Equipment Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.05/7.71
=0.65 %

Current Share Price is ¥7.71.
Shanghai Taisheng Wind Power Equipment Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.05.

During the past 13 years, the highest Dividend Yield of Shanghai Taisheng Wind Power Equipment Co was 3.02%. The lowest was 0.19%. And the median was 0.87%.

* 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.


Shanghai Taisheng Wind Power Equipment Co 3-Year Dividend Growth Rate Related Terms>


Shanghai Taisheng Wind Power Equipment Co (SZSE:300129) Business Description

Traded in Other Exchanges
N/A
Address
1988 East Weiqing Road, Jinshanzui Industrial District, Jinshan District, Shanghai, CHN, 201508
Shanghai Taisheng Wind Power Equipment Co Ltd is a China-based company. It is principally engaged in the research, development, manufacture, and sales of wind power generation equipment. The company's products are mainly used in offshore wind power generation and marine engineering. Shanghai is also involved in the operation and maintenance of wind farms.

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