As of today (2024-05-22), the Trailing Annual Dividend Yield of Lets Holdings Group Co is 1.77%.
The historical rank and industry rank for Lets Holdings Group Co's Dividend Yield % or its related term are showing as below:
SZSE:002398'
s Dividend Yield % Range Over the Past 10 Years
Min: 0.27 Med: 0.82 Max: 2.43
Current: 1.77
During the past 13 years, the highest Dividend Yield of Lets Holdings Group Co was 2.43%. The lowest was 0.27%. And the median was 0.82%.
SZSE:002398's Dividend Yield % is ranked worse than 73.97% of 242
companies
in the Building Materials industry
Industry Median: 3.075
vs SZSE:002398: 1.77
During the past 5 years, the average Dividends Per Share Growth Rate was -2.00% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 10.90% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Lets Holdings Group Co was 38.10% per year. The lowest was -7.20% per year. And the median was 13.50% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Lets Holdings Group Co Dividend Yield % Historical Data
The historical data trend for Lets Holdings Group Co's Dividend Yield % can be seen below:
* 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.
Competitive Comparison of Lets Holdings Group Co's Dividend Yield %
For the Building Materials subindustry, Lets Holdings Group Co's Dividend Yield %, along with its competitors' market caps and 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.
Lets Holdings Group Co's Dividend Yield % Distribution in the Building Materials Industry
For the Building Materials industry and Basic Materials sector, Lets Holdings Group Co's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Lets Holdings Group Co's Dividend Yield % falls into.
Lets Holdings Group Co Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Lets Holdings Group Co (SZSE:002398) 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.
Lets Holdings Group Co Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Lets Holdings Group Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Lets Holdings Group Co (SZSE:002398) Business Description
Lets Holdings Group Co Ltd is a China-based company engaged in the comprehensive technical service of buildings, commercial concrete, concrete admixtures, autoclaved aerated concrete block, and special engineering construction. It is also an information technology and intelligent service provider.
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