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China Mengniu Dairy Co (China Mengniu Dairy Co) Forward Dividend Yield % : 2.71% (As of Apr. 25, 2024)


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What is China Mengniu Dairy Co Forward Dividend Yield %?

As of today (2024-04-25), the Forward Annual Dividend Yield of China Mengniu Dairy Co is 2.71%.

As of today (2024-04-25), the Trailing Annual Dividend Yield of China Mengniu Dairy Co is 2.27%.

CIADF's Forward Dividend Yield % is ranked better than
66.2% of 1083 companies
in the Consumer Packaged Goods industry
Industry Median: 2.54 vs CIADF: 2.71

China Mengniu Dairy Co's Dividends per Share for the six months ended in Jun. 2023 was $0.06.

During the past 3 years, the average Dividends Per Share Growth Rate was 28.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 31.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 12.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of China Mengniu Dairy Co was 38.30% per year. The lowest was -6.70% per year. And the median was 11.40% 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 China Mengniu Dairy Co's Forward Dividend Yield %

For the Packaged Foods subindustry, China Mengniu Dairy Co'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 Mengniu Dairy Co's Forward Dividend Yield % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, China Mengniu Dairy Co's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where China Mengniu Dairy Co's Forward Dividend Yield % falls into.



China Mengniu Dairy Co Forward Dividend Yield % Calculation

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

China Mengniu Dairy Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
HKD 0.4432023-06-082023-06-122023-06-21Cash DividendannuallyHKD:USD 0.127611

* 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.

China Mengniu Dairy Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.056531673/2.50
=2.26 %

Current Share Price is $2.50.
China Mengniu Dairy Co's Dividends per Share for the forward twelve months is calculated as $0.056531673 * 1 = $0.056531673.

China Mengniu Dairy Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.056531673/2.50
=2.26 %

Current Share Price is $2.50.
China Mengniu Dairy Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.056531673.

* 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.


China Mengniu Dairy Co  (OTCPK:CIADF) 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.


China Mengniu Dairy Co Forward Dividend Yield % Related Terms

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China Mengniu Dairy Co (China Mengniu Dairy Co) Business Description

Traded in Other Exchanges
Address
262 Gloucester Road, Causeway Bay, 32nd Floor, COFCO Tower, Hong Kong, HKG
China Mengniu Dairy, or Mengniu, is China's second-largest dairy producer by market share. The company produces a wide range of dairy products including liquid milk, ice cream, milk formula and cheese. Liquid milk, composed of milk, milk beverages and yogurt, contributed close to 80% of Mengniu's revenue in 2022. Flagship lineups include Deluxe, Mengniu Pure Milk, Just Yogurt and Yoyi C. Mengniu also owns two infant formula brands including Yashili and Bellamy as well as Milkground, a cheese brand.

China Mengniu Dairy Co (China Mengniu Dairy Co) Headlines

From GuruFocus

Matthews China Comments on China Mengniu Dairy

By Holly LaFon 10-22-2015