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Kangji Medical Holdings (HKSE:09997) Forward Dividend Yield % : 19.90% (As of May. 15, 2024)


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What is Kangji Medical Holdings Forward Dividend Yield %?

As of today (2024-05-15), the Forward Annual Dividend Yield of Kangji Medical Holdings is 19.90%.

As of today (2024-05-15), the Trailing Annual Dividend Yield of Kangji Medical Holdings is 2.68%.

HKSE:09997's Forward Dividend Yield % is ranked better than
99.02% of 307 companies
in the Medical Devices & Instruments industry
Industry Median: 1.94 vs HKSE:09997: 19.90

Kangji Medical Holdings's Dividends per Share for the six months ended in Dec. 2023 was HK$0.00.

During the past 12 months, Kangji Medical Holdings's average Dividends Per Share Growth Rate was 23.90% 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 Kangji Medical Holdings's Forward Dividend Yield %

For the Medical Instruments & Supplies subindustry, Kangji Medical Holdings'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.


Kangji Medical Holdings's Forward Dividend Yield % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Kangji Medical Holdings's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Kangji Medical Holdings's Forward Dividend Yield % falls into.



Kangji Medical Holdings Forward Dividend Yield % Calculation

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

Kangji Medical Holdings Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
HKD 0.2048002023-05-302023-06-012023-07-10Cash 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.

Kangji Medical Holdings's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.2048/7.64
=2.68 %

Current Share Price is HK$7.64.
Kangji Medical Holdings's Dividends per Share for the forward twelve months is calculated as HK$0.2048 * 1 = HK$0.2048.

Kangji Medical Holdings's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.2048/7.64
=2.68 %

Current Share Price is HK$7.64.
Kangji Medical Holdings's Dividends per Share for the trailing twelve months (TTM) ended in Today is HK$0.2048.

* 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.


Kangji Medical Holdings  (HKSE:09997) 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.


Kangji Medical Holdings Forward Dividend Yield % Related Terms

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Kangji Medical Holdings (HKSE:09997) Business Description

Traded in Other Exchanges
Address
No. 1668 Chunjiang East Road, Tonglu Economic Development Zone, Zhejiang Province, Hangzhou, CHN
Kangji Medical Holdings Ltd is engaged in the production and sales of minimally invasive surgical instruments and accessories. The company offers a product portfolio to provide physicians and hospitals with one-shop and tailored surgical solutions for four surgical specialties OBGYN, general surgery, urology, and thoracic surgery. It manufactures and sells both disposable and reusable products. Its product portfolio includes disposable trocars, polymer ligation clips, disposable electrocoagulation forceps, and reusable trocar and forceps. It derives the majority of its revenue from Mainland China.

Kangji Medical Holdings (HKSE:09997) Headlines

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