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Liaoning Xinde New Material Technology Co (SZSE:301349) Dividend Yield % : 2.85% (As of May. 15, 2024)


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What is Liaoning Xinde New Material Technology Co Dividend Yield %?

As of today (2024-05-15), the Trailing Annual Dividend Yield of Liaoning Xinde New Material Technology Co is 2.85%.

The historical rank and industry rank for Liaoning Xinde New Material Technology Co's Dividend Yield % or its related term are showing as below:

SZSE:301349' s Dividend Yield % Range Over the Past 10 Years
Min: 1.56   Med: 2.32   Max: 3.66
Current: 2.85

During the past 7 years, the highest Dividend Yield of Liaoning Xinde New Material Technology Co was 3.66%. The lowest was 1.56%. And the median was 2.32%.

SZSE:301349's Dividend Yield % is ranked better than
65.49% of 1052 companies
in the Chemicals industry
Industry Median: 1.955 vs SZSE:301349: 2.85

Liaoning Xinde New Material Technology Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Liaoning Xinde New Material Technology Co Ltd is 6.06, which seems too high.

During the past 7 years, the highest Dividend Payout Ratio of Liaoning Xinde New Material Technology Co was 10.10. The lowest was 6.06. And the median was 10.10.

As of today (2024-05-15), the Forward Dividend Yield % of Liaoning Xinde New Material Technology Co is 2.85%.

Liaoning Xinde New Material Technology Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

The growth rate is calculated with least square regression.

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


Liaoning Xinde New Material Technology Co Dividend Yield % Historical Data

The historical data trend for Liaoning Xinde New Material 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.

Liaoning Xinde New Material Technology Co Dividend Yield % Chart

Liaoning Xinde New Material Technology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial - - - - 2.12

Liaoning Xinde New Material Technology Co Quarterly Data
Dec17 Dec18 Dec19 Jun20 Dec20 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 - 1.99 2.29 2.12 2.77

Competitive Comparison of Liaoning Xinde New Material Technology Co's Dividend Yield %

For the Specialty Chemicals subindustry, Liaoning Xinde New Material 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.


Liaoning Xinde New Material Technology Co's Dividend Yield % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Liaoning Xinde New Material Technology Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Liaoning Xinde New Material Technology Co's Dividend Yield % falls into.



Liaoning Xinde New Material Technology Co Dividend Yield % Calculation

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

Liaoning Xinde New Material Technology Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 1.0000002023-05-312023-05-302023-05-31Cash 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.

Liaoning Xinde New Material Technology Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1/34.69
=2.88 %

Current Share Price is ¥34.69.
Liaoning Xinde New Material Technology Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥1.

Liaoning Xinde New Material Technology Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1/34.69
=2.88 %

Current Share Price is ¥34.69.
Liaoning Xinde New Material Technology Co's Dividends per Share for the forward twelve months is calculated as ¥1 * 1 = ¥1.

* 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.


Liaoning Xinde New Material Technology Co  (SZSE:301349) 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.


Liaoning Xinde New Material Technology Co Dividend Yield % Related Terms

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Liaoning Xinde New Material Technology Co (SZSE:301349) Business Description

Traded in Other Exchanges
N/A
Address
No. 295 Wensheng Road, 4th Floor, Hongwei District, Liaoning Province, Liaoyang, CHN, 111003
Liaoning Xinde New Material Technology Co Ltd is engaged in the research and development, production and sales of negative electrode coating material products.

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