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Lygend Resources & Technology Co (HKSE:02245) Forward Dividend Yield % : 3.10% (As of May. 21, 2024)


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What is Lygend Resources & Technology Co Forward Dividend Yield %?

As of today (2024-05-21), the Forward Annual Dividend Yield of Lygend Resources & Technology Co is 3.10%.

As of today (2024-05-21), the Trailing Annual Dividend Yield of Lygend Resources & Technology Co is 0.00%.

HKSE:02245's Forward Dividend Yield % is ranked better than
60.94% of 297 companies
in the Metals & Mining industry
Industry Median: 2.26 vs HKSE:02245: 3.10

Lygend Resources & Technology Co's Dividends per Share for the six months ended in Dec. 2023 was HK$0.00.

The growth rate is calculated with least square regression.

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


Competitive Comparison of Lygend Resources & Technology Co's Forward Dividend Yield %

For the Other Industrial Metals & Mining subindustry, Lygend Resources & Technology 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.


Lygend Resources & Technology Co's Forward Dividend Yield % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Lygend Resources & Technology Co's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Lygend Resources & Technology Co's Forward Dividend Yield % falls into.



Lygend Resources & Technology Co Forward Dividend Yield % Calculation

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


Lygend Resources & Technology Co  (HKSE:02245) 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Lygend Resources & Technology Co Forward Dividend Yield % Related Terms

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Lygend Resources & Technology Co (HKSE:02245) Business Description

Traded in Other Exchanges
N/A
Address
Lane 299 Guanghua Road, 10th-11th Floor, Building C10, R&D Park, Yinzhou District, Zhejiang Province, Ningbo, CHN, 315000
Lygend Resources & Technology Co Ltd is engaged in both the trading and the production of nickel products. The company has a comprehensive product and service portfolio covering multiple areas across the nickel industry value chain, from upstream sourcing of nickel resources, trading and production of nickel products, to equipment manufacturing and sale. Its products are widely used in various downstream sectors including the NEV and stainless steel industries. It derives a majority of its revenue from Mainland China.

Lygend Resources & Technology Co (HKSE:02245) Headlines

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