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Shenma Industry Co (SHSE:600810) Forward Dividend Yield % : 1.80% (As of May. 27, 2024)


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What is Shenma Industry Co Forward Dividend Yield %?

As of today (2024-05-27), the Forward Annual Dividend Yield of Shenma Industry Co is 1.80%.

As of today (2024-05-27), the Trailing Annual Dividend Yield of Shenma Industry Co is 1.80%.

SHSE:600810's Forward Dividend Yield % is ranked worse than
53.29% of 1034 companies
in the Chemicals industry
Industry Median: 1.99 vs SHSE:600810: 1.80

Shenma Industry Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Shenma Industry Co's average Dividends Per Share Growth Rate was -78.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -16.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Shenma Industry Co was 64.20% per year. The lowest was -35.10% per year. And the median was 1.00% 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 Shenma Industry Co's Forward Dividend Yield %

For the Specialty Chemicals subindustry, Shenma Industry 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.


Shenma Industry Co's Forward Dividend Yield % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shenma Industry Co's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Shenma Industry Co's Forward Dividend Yield % falls into.



Shenma Industry Co Forward Dividend Yield % Calculation

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


Shenma Industry Co  (SHSE:600810) 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.


Shenma Industry Co Forward Dividend Yield % Related Terms

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Shenma Industry Co (SHSE:600810) Business Description

Traded in Other Exchanges
N/A
Address
No. 63 Jianshe Middle Road, Pingdingshan, Henan, CHN, 467000
Shenma Industry Co Ltd is engaged in the production and distribution of Nylon 66 tyre cord fabric and other types of industrial yarn in China. Its products include dry adipic acid, cyclohexanol, cyclohexane, nylon 66 grey cloth, nylon 66 dipped type cord fabric, nylon 66 dipping tire bead cloth, nylon 66 dipping canvas, and nylon 66 industrial yarn.
Executives
Liu Xin Ye Director
Xu Ren Gang Director
Li Hong Bin Director
Li Ben Bin Director
Qi Wen Bing Director
Zhang Dian Zi Director
Li Wei Director
Wei Wei Director

Shenma Industry Co (SHSE:600810) Headlines

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