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Chengdu Xingrong Environment Co (SZSE:000598) 3-Year Dividend Growth Rate : 7.60% (As of Mar. 2024)


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What is Chengdu Xingrong Environment Co 3-Year Dividend Growth Rate?

Chengdu Xingrong Environment Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

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

SZSE:000598' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -33.4   Med: 15.1   Max: 46.1
Current: 7.6

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Chengdu Xingrong Environment Co was 46.10% per year. The lowest was -33.40% per year. And the median was 15.10% per year.

SZSE:000598's 3-Year Dividend Growth Rate is ranked better than
62.08% of 298 companies
in the Utilities - Regulated industry
Industry Median: 5.15 vs SZSE:000598: 7.60

During the past 12 months, Chengdu Xingrong Environment Co's average Dividends Per Share Growth Rate was 9.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 7.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 9.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 18.80% 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.

Chengdu Xingrong Environment Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, Chengdu Xingrong Environment Co's Dividend Yield % is 1.50%.

Warning Sign:

Chengdu Xingrong Environment Co Ltd stock dividend yield is close to 3-year low.

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


Competitive Comparison of Chengdu Xingrong Environment Co's 3-Year Dividend Growth Rate

For the Utilities - Regulated Water subindustry, Chengdu Xingrong Environment 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.


Chengdu Xingrong Environment Co's 3-Year Dividend Growth Rate Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Chengdu Xingrong Environment Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Chengdu Xingrong Environment Co's 3-Year Dividend Growth Rate falls into.



Chengdu Xingrong Environment 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.


Chengdu Xingrong Environment Co  (SZSE:000598) 3-Year Dividend Growth Rate Explanation

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

Chengdu Xingrong Environment 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/ 0.168
=0.00

During the past 13 years, the highest Dividend Payout Ratio of Chengdu Xingrong Environment Co was 0.25. The lowest was 0.11. And the median was 0.19.

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

Chengdu Xingrong Environment Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.1120002023-06-282023-06-272023-06-28Cash 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.

Chengdu Xingrong Environment Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.112/7.49
=1.50 %

Current Share Price is ¥7.49.
Chengdu Xingrong Environment Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.112.

During the past 13 years, the highest Dividend Yield of Chengdu Xingrong Environment Co was 4.12%. The lowest was 0.20%. And the median was 1.39%.

Warning Sign:

Chengdu Xingrong Environment Co Ltd stock dividend yield is close to 3-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.


Chengdu Xingrong Environment Co 3-Year Dividend Growth Rate Related Terms>


Chengdu Xingrong Environment Co (SZSE:000598) Business Description

Traded in Other Exchanges
N/A
Address
1000 Jincheng Avenue, High-tech Zone, Qingyang District, Chengdu, CHN, 610041
Chengdu Xingrong Environment Co Ltd is a large-scale water and environmental protection integrated service provider in China. It is mainly engaged in the production and supply of tap water, sewage treatment, utilization of recycled water, sludge disposal, landfill leachate treatment, and waste incineration power generation. The company integrates investment, research, and development, design, construction and operation, and has a complete industrial chain.
Executives
Li Ben Wen Director
Li Yong Gang Supervisors
Ceng Chao Ju Securities Affairs Representative
Ge Fang Ming Executives

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