What is MeiG Smart Technology Co Forward Dividend Yield %?
As of today (2024-05-20), the Forward Annual Dividend Yield of MeiG Smart Technology Co is 0.47%.
As of today (2024-05-20), the Trailing Annual Dividend Yield of MeiG Smart Technology Co is 0.47%.
SZSE:002881's Forward Dividend Yield % is ranked worse than 91.3% of 1333
companies
in the Hardware industry
Industry Median: 2.43
vs SZSE:002881: 0.47
During the past 12 months, MeiG Smart Technology Co's average Dividends Per Share Growth Rate was -26.50% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 88.20% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 31.60% per year.
During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of MeiG Smart Technology Co was 88.20% per year. The lowest was -30.70% per year. And the median was 86.40% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
For the Communication Equipment subindustry, MeiG Smart 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.
MeiG Smart Technology Co's Forward Dividend Yield % Distribution in the Hardware Industry
For the Hardware industry and Technology sector, MeiG Smart Technology Co's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where MeiG Smart Technology Co's Forward Dividend Yield % falls into.
MeiG Smart Technology Co Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
MeiG Smart Technology Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CNY 0.100000
2023-06-02
2023-06-01
2023-06-02
Cash Dividend
annually
CNY: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.
* 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.
MeiG Smart Technology Co (SZSE:002881) 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.
MeiG Smart Technology Co Forward Dividend Yield % Related Terms
Thank you for viewing the detailed overview of MeiG Smart Technology Co's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
MeiG Smart Technology Co (SZSE:002881) Business Description
MeiG Smart Technology Co Ltd is the communications equipment manufacturing company. Its core business is the development and production of IoT smart terminals, wireless communication modules (M2M) and intelligent hardware as well as precision mold development and production and sales of precision components. The company's IoT smart terminals, LTE module products and wireless data solutions applied in the fields of mobile payment, car networking, security, industrial routing, consumer electronics, smart power, smart meter reading, intelligent terminals, and item tracking. application.
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