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China Glass Holdings (HKSE:03300) Forward Dividend Yield % : 2.23% (As of May. 16, 2024)


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What is China Glass Holdings Forward Dividend Yield %?

As of today (2024-05-16), the Forward Annual Dividend Yield of China Glass Holdings is 2.23%.

As of today (2024-05-16), the Trailing Annual Dividend Yield of China Glass Holdings is 2.23%.

HKSE:03300's Forward Dividend Yield % is ranked worse than
68.46% of 241 companies
in the Building Materials industry
Industry Median: 3.33 vs HKSE:03300: 2.23

China Glass Holdings's Dividends per Share for the six months ended in Dec. 2023 was HK$0.02.

During the past 12 months, China Glass Holdings's average Dividends Per Share Growth Rate was -62.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of China Glass Holdings was 33.90% per year. The lowest was -21.50% per year. And the median was -12.60% per year.

The growth rate is calculated with least square regression.

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


Competitive Comparison of China Glass Holdings's Forward Dividend Yield %

For the Building Materials subindustry, China Glass Holdings'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.


China Glass Holdings's Forward Dividend Yield % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, China Glass Holdings's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where China Glass Holdings's Forward Dividend Yield % falls into.



China Glass Holdings Forward Dividend Yield % Calculation

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

China Glass Holdings Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
HKD 0.0180002023-08-022023-08-032023-08-16Cash DividendannuallyHKD:HKD 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.

China Glass Holdings's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.018/0.81
=2.22 %

Current Share Price is HK$0.81.
China Glass Holdings's Dividends per Share for the forward twelve months is calculated as HK$0.018 * 1 = HK$0.018.

China Glass Holdings's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.018/0.81
=2.22 %

Current Share Price is HK$0.81.
China Glass Holdings's Dividends per Share for the trailing twelve months (TTM) ended in Today is HK$0.018.

* 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.


China Glass Holdings  (HKSE:03300) 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.


China Glass Holdings Forward Dividend Yield % Related Terms

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China Glass Holdings (HKSE:03300) Business Description

Traded in Other Exchanges
N/A
Address
168-200 Connaught Road, Unit 2608, 26th Floor, West Tower, Shun Tak Centre, Central, Hong Kong, HKG
China Glass Holdings Ltd is engaged in the production, marketing, and distribution of float glass, reflective glass, and other glass products. It has five business segments, Clear glass products; Painted glass products; Coated glass products; Energy saving and new energy glass products, such as ultra clear glass, low emission coated glass and photovoltaic battery module products; and Designing and installation services of pharmaceutical glass production lines. Geographically, the company has operations in Mainland China, Hong Kong, the Middle East, Nigeria, Italy, Kazakhstan and other countries. It generates a majority of its revenues from the Clear glass products segment.

China Glass Holdings (HKSE:03300) Headlines

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