GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Guangdong Dowstone Technology co Ltd (SZSE:300409) » Definitions » Dividend Yield %

Guangdong Dowstone Technology co (SZSE:300409) Dividend Yield % : 2.07% (As of Jun. 05, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Guangdong Dowstone Technology co Dividend Yield %?

As of today (2024-06-05), the Trailing Annual Dividend Yield of Guangdong Dowstone Technology co is 2.07%.

Good Sign:

Guangdong Dowstone Technology co Ltd stock dividend yield is close to 3-year high.

The historical rank and industry rank for Guangdong Dowstone Technology co's Dividend Yield % or its related term are showing as below:

SZSE:300409' s Dividend Yield % Range Over the Past 10 Years
Min: 0.16   Med: 0.45   Max: 2.43
Current: 2.07

During the past 13 years, the highest Dividend Yield of Guangdong Dowstone Technology co was 2.43%. The lowest was 0.16%. And the median was 0.45%.

SZSE:300409's Dividend Yield % is ranked better than
52.87% of 1061 companies
in the Chemicals industry
Industry Median: 1.95 vs SZSE:300409: 2.07

Guangdong Dowstone Technology co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Guangdong Dowstone Technology co was 15.00. The lowest was 0.05. And the median was 0.39.

As of today (2024-06-05), the Forward Dividend Yield % of Guangdong Dowstone Technology co is 2.07%.

Guangdong Dowstone Technology co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

During the past 3 years, the average Dividends Per Share Growth Rate was -20.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -21.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Guangdong Dowstone Technology co was 21.80% per year. The lowest was -30.70% per year. And the median was -5.55% per year.

The growth rate is calculated with least square regression.

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


Guangdong Dowstone Technology co Dividend Yield % Historical Data

The historical data trend for Guangdong Dowstone Technology 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.

* Premium members only.

Guangdong Dowstone Technology co Dividend Yield % Chart

Guangdong Dowstone Technology co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.11 0.67 0.21 0.34 0.45

Guangdong Dowstone Technology co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.33 0.40 0.45 0.45 0.51

Competitive Comparison of Guangdong Dowstone Technology co's Dividend Yield %

For the Specialty Chemicals subindustry, Guangdong Dowstone Technology 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.


Guangdong Dowstone Technology co's Dividend Yield % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Guangdong Dowstone Technology co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Guangdong Dowstone Technology co's Dividend Yield % falls into.



Guangdong Dowstone Technology co Dividend Yield % Calculation

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

Guangdong Dowstone Technology co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.2001122024-05-282024-05-272024-05-28Cash 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.

Guangdong Dowstone Technology co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.200112/9.48
=2.11 %

Current Share Price is ¥9.48.
Guangdong Dowstone Technology co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.200112.

Guangdong Dowstone Technology co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.200112/9.48
=2.11 %

Current Share Price is ¥9.48.
Guangdong Dowstone Technology co's Dividends per Share for the forward twelve months is calculated as ¥0.200112 * 1 = ¥0.200112.

* 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.


Guangdong Dowstone Technology co  (SZSE:300409) 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.


Guangdong Dowstone Technology co Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Guangdong Dowstone Technology co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Guangdong Dowstone Technology co (SZSE:300409) Business Description

Traded in Other Exchanges
N/A
Address
2nd Floor, 30 world Jihua, Four Italian American Ceramic Sanitary Ware, Foshan, Guangdong, CHN
Guangdong Dowstone Technology co Ltd is a domestic ceramic product full-service chain product and service provider. The company also provides package product solutions and raw material procurement management services for high-end ceramics manufacturers at home and abroad. Its product offerings include Ceramic ink, Enamel glaze, One-time burning, Full caste Glaze, and others. The company's solutions consist of Digital overall solution, Finished glaze overall solution, Dry powder dry granule overall solution, Total solution service process, and other solutions.
Executives
Rong Ji Hua Director
Zhang Yi Directors, executives
Wang Hai Qing Director
Liang Hai Yan Director
He Xiang Yong Executives

Guangdong Dowstone Technology co (SZSE:300409) Headlines

No Headlines