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Kingworld Medicines Group (HKSE:01110) Forward Dividend Yield % : 5.28% (As of May. 21, 2024)


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What is Kingworld Medicines Group Forward Dividend Yield %?

As of today (2024-05-21), the Forward Annual Dividend Yield of Kingworld Medicines Group is 5.28%.

As of today (2024-05-21), the Trailing Annual Dividend Yield of Kingworld Medicines Group is 3.86%.

HKSE:01110's Forward Dividend Yield % is ranked better than
85.61% of 264 companies
in the Healthcare Providers & Services industry
Industry Median: 2.31 vs HKSE:01110: 5.28

Kingworld Medicines Group's Dividends per Share for the six months ended in Dec. 2023 was HK$0.00.

During the past 12 months, Kingworld Medicines Group's average Dividends Per Share Growth Rate was 4.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -2.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -7.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -6.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Kingworld Medicines Group was 13.60% per year. The lowest was -39.70% per year. And the median was -4.05% per year.

The growth rate is calculated with least square regression.

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


Competitive Comparison of Kingworld Medicines Group's Forward Dividend Yield %

For the Pharmaceutical Retailers subindustry, Kingworld Medicines Group'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.


Kingworld Medicines Group's Forward Dividend Yield % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Kingworld Medicines Group's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Kingworld Medicines Group's Forward Dividend Yield % falls into.



Kingworld Medicines Group Forward Dividend Yield % Calculation

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

Kingworld Medicines Group Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
HKD 0.0247002023-06-012023-06-052023-06-30Cash DividendannuallyHKD:HKD 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.

Kingworld Medicines Group's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.0247/0.63
=3.92 %

Current Share Price is HK$0.63.
Kingworld Medicines Group's Dividends per Share for the forward twelve months is calculated as HK$0.0247 * 1 = HK$0.0247.

Kingworld Medicines Group's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.0247/0.63
=3.92 %

Current Share Price is HK$0.63.
Kingworld Medicines Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is HK$0.0247.

* 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.


Kingworld Medicines Group  (HKSE:01110) 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Kingworld Medicines Group Forward Dividend Yield % Related Terms

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Kingworld Medicines Group (HKSE:01110) Business Description

Traded in Other Exchanges
N/A
Address
198 Daxin Road, 8th-9th Floor, Block A, Majialong Chuangxin Building, Nanshan District, Guangdong Province, Shenzhen, CHN, 518016
Kingworld Medicines Group Ltd is engaged in Distribution sales of pharmaceutical and healthcare products such as branded imported pharmaceutical and healthcare products primarily in Hong Kong and the PRC, and Manufacturing and sales of electrotherapeutic and physiotherapeutic devices and general medical examination devices primarily carried out in the PRC. It derives the majority of its revenue from Distribution sales of pharmaceutical and healthcare products segment.

Kingworld Medicines Group (HKSE:01110) Headlines

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