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Xiamen Itg Group (SHSE:600755) Forward Dividend Yield % : 7.42% (As of Dec. 15, 2024)


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What is Xiamen Itg Group Forward Dividend Yield %?

As of today (2024-12-15), the Forward Annual Dividend Yield of Xiamen Itg Group is 7.42%.

As of today (2024-12-15), the Trailing Annual Dividend Yield of Xiamen Itg Group is 7.42%.

SHSE:600755's Forward Dividend Yield % is ranked better than
91.43% of 105 companies
in the Industrial Distribution industry
Industry Median: 3.17 vs SHSE:600755: 7.42

Xiamen Itg Group's Dividends per Share for the three months ended in Sep. 2024 was ¥0.00.

During the past 12 months, Xiamen Itg Group's average Dividends Per Share Growth Rate was -23.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 41.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 27.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 19.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Xiamen Itg Group was 43.10% per year. The lowest was -17.40% per year. And the median was 18.50% 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 Xiamen Itg Group's Forward Dividend Yield %

For the Industrial Distribution subindustry, Xiamen Itg 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.


Xiamen Itg Group's Forward Dividend Yield % Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Xiamen Itg Group's Forward Dividend Yield % distribution charts can be found below:

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



Xiamen Itg Group Forward Dividend Yield % Calculation

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

Xiamen Itg Group Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.5000002024-06-262024-06-252024-06-26Cash 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.

Xiamen Itg Group's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.5/6.74
=7.42 %

Current Share Price is ¥6.74.
Xiamen Itg Group's Dividends per Share for the forward twelve months is calculated as ¥0.5 * 1 = ¥0.5.

Xiamen Itg Group's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.5/6.74
=7.42 %

Current Share Price is ¥6.74.
Xiamen Itg Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.5.

* 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.


Xiamen Itg Group  (SHSE:600755) 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.


Xiamen Itg Group Forward Dividend Yield % Related Terms

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Xiamen Itg Group Business Description

Traded in Other Exchanges
N/A
Address
Hubin South Road, 8-18th International Trade Building, Fujian, Xiamen, CHN, 361004
Xiamen Itg Group Corp Ltd is engaged in trading a variety of commodities like iron ores, other minerals, coal, steel, paper, textile, chemical products, farm produce, ships, tire, wood, and many others. It is also engaged in the real estate sector.
Executives
Cai Ying Bin senior management
Fan Dan senior management
Gao Shao Yong Director
Wu Yun Xuan Directors, senior managers
Zhu Da Xin senior management
Wang Yong Qing senior management
Yu Li Jie senior management
Wang Xiao Feng senior management
Ceng Yuan senior management
Lu Zheng Jian senior management
Xu Xiao Xi Director
Bo Shu Ya senior management
Xu Qiu Qin Supervisors
Lin Chen Liang Director

Xiamen Itg Group Headlines

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