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During the past 12 months, China Tourism Group Duty Free's average Dividends Per Share Growth Rate was -21.20% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -4.70% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 11.60% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 20.30% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of China Tourism Group Duty Free was 66.30% per year. The lowest was -4.70% per year. And the median was 27.25% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
China Tourism Group Duty Free (OTCPK:CTGDF) 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.
China Tourism Group Duty Free Forward Dividend Yield % Related Terms
CTGDF vs CASY, WSM, ULTA: Forward Dividend Yield % Comparison
For the Specialty Retail subindustry, China Tourism Group Duty Free'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 Tourism Group Duty Free Forward Dividend Yield % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, China Tourism Group Duty Free's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where China Tourism Group Duty Free's Forward Dividend Yield % falls into.
China Tourism Group Duty Free Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
China Tourism Group Duty Free Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
HKD 0.517435
2026-07-06
2026-07-08
2026-08-14
Cash Dividend
semi-annually
HKD:USD 0.127510
HKD 0.274500
2025-12-08
2025-12-10
2026-01-15
Cash Dividend
semi-annually
HKD:USD 0.128480
* 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.
What does a Forward Dividend Yield % of 1.62% mean?
China Tourism Group Duty Free (CTGDF) has a Forward Dividend Yield % of 1.62% as of Aug. 15, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on China Tourism Group Duty Free and its competitors. According to the industry distribution chart, China Tourism Group Duty Free ranks #466 out of 577 companies in the Retail - Cyclical industry, placing it in the top 80.8%.
Is China Tourism Group Duty Free's Forward Dividend Yield % too high?
China Tourism Group Duty Free's current Forward Dividend Yield % is 1.62%. The Retail - Cyclical industry median Forward Dividend Yield % is 2.73. China Tourism Group Duty Free's value of 1.62% is 40.7% below this industry median. Based on the distribution chart, China Tourism Group Duty Free ranks #466 out of 577 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, China Tourism Group Duty Free has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does China Tourism Group Duty Free's Forward Dividend Yield % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, China Tourism Group Duty Free ranks #466 out of 577 companies for Forward Dividend Yield %. This places China Tourism Group Duty Free in the lower half of its industry. The industry median Forward Dividend Yield % is 2.73. China Tourism Group Duty Free's value of 1.62% is 40.7% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for a Retail - Cyclical company?
The median Forward Dividend Yield % among Retail - Cyclical companies is 2.73, based on 577 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Tourism Group Duty Free's current Forward Dividend Yield % of 1.62% is 40.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on China Tourism Group Duty Free and its competitors. For the Retail - Cyclical industry, the median Forward Dividend Yield % is 2.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Tourism Group Duty Free's current Forward Dividend Yield % is 1.62%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Tourism Group Duty Free stock overvalued right now?
China Tourism Group Duty Free (CTGDF) has a current Forward Dividend Yield % of 1.62%. The stock's GF Value™ is $7.91, compared to a current price of $6.25 — trading 21% below its estimated fair value. The current Forward Dividend Yield % is 1.62% and 40.7% below the Retail - Cyclical industry median of 2.73. China Tourism Group Duty Free's overall GF Score™ is 81/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For China Tourism Group Duty Free (CTGDF), the current Forward Dividend Yield % is 1.62% as of Aug. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is China Tourism Group Duty Free (CTGDF) Overvalued in 2026?
Based on GuruFocus' analysis, China Tourism Group Duty Free stock appears to be undervalued.
The current stock price of $6.25 is trading 21% below its estimated GF Value™ of $7.91.
Key valuation signals for CTGDF:
Forward Dividend Yield %: 1.62%
GF Value™: $7.91 vs. price of $6.25 (21% below fair value)
Industry Position: 40.7% below the Retail - Cyclical median (#466 of 577)
No single metric tells the full story. See the CTGDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Established in 1984, China Tourism Group Duty Free is China's largest and the world's second-largest travel retailer in 2025 with revenue of CNY 54 billion. The company primarily operates duty-free stores at airports, border crossings, offshore, downtown, and on flights, cruises and ships, with about 200 stores spanning over 33 provinces in China, as well as overseas. The company also operates a duty-paid business. Its 2025 revenue mix was 73% duty-free sales and 27% duty-paid sales and others. CTG Duty Free is 50% owned by China Tourism Group, a state-owned enterprise that falls directly under the State-owned Assets Supervision and Administration Commission of the State Council.
81GF Score
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Forward Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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