China Merchants Securities Asset Management Co.,Ltd (SHSE:600999) Forward Dividend Yield %: 3.21% (As of Aug. 04, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:600999 China Merchants Securities Asset Management Co.,Ltd SHSE:600999
64 GF Score
Price ¥17.75
GF Value ¥24.55
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is China Merchants Securities Asset Management Co.,Ltd Forward Dividend Yield %?

China Merchants Securities Asset Management Co.,Ltd SHSE:600999 +0.45% 64 Forward Dividend Yield % is 3.21% as of Aug. 04, 2026. GuruFocus rates SHSE:600999 with a GF Score™ of 64/100 and a GF Value™ of ¥24.55 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 363 Capital Markets companies, China Merchants Securities Asset Management Co.,Ltd ranks better than 56.2% on this metric.

As of today (2026-08-04), the Forward Annual Dividend Yield of China Merchants Securities Asset Management Co.,Ltd is 3.21%.

As of today (2026-08-04), the Trailing Annual Dividend Yield of China Merchants Securities Asset Management Co.,Ltd is 3.21%.

SHSE:600999's Forward Dividend Yield % is ranked better than
56.2% of 363 companies
in the Capital Markets industry
Industry Median: 2.78 vs SHSE:600999: 3.21

China Merchants Securities Asset Management Co.,Ltd's Dividends per Share for the three months ended in Mar. 2026 was ¥0.00.

During the past 12 months, China Merchants Securities Asset Management Co.,Ltd's average Dividends Per Share Growth Rate was 40.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -2.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 0.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of China Merchants Securities Asset Management Co.,Ltd was 41.30% per year. The lowest was -28.20% per year. And the median was -2.80% per year.

The growth rate is calculated with least square regression.

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


China Merchants Securities Asset Management Co.,Ltd  (SHSE:600999) 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 Merchants Securities Asset Management Co.,Ltd Forward Dividend Yield % Related Terms


SHSE:600999 vs MS, GS, SCHW: Forward Dividend Yield % Comparison

For the Capital Markets subindustry, China Merchants Securities Asset Management Co.,Ltd'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 Merchants Securities Asset Management Co.,Ltd Forward Dividend Yield % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, China Merchants Securities Asset Management Co.,Ltd's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where China Merchants Securities Asset Management Co.,Ltd's Forward Dividend Yield % falls into.


SHSE:600999
64GF Score
China Merchants Securities Asset Management Co.,Ltd SHSE:600999
Forward Dividend Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Merchants Securities Asset Management Co.,Ltd Forward Dividend Yield % Calculation

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

China Merchants Securities Asset Management Co.,Ltd Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.4490002026-07-162026-07-152026-07-16Cash Dividendsemi-annuallyCNY:CNY 1.000000
CNY 0.1190002025-09-182025-09-172025-09-18Cash Dividendsemi-annuallyCNY: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.

China Merchants Securities Asset Management Co.,Ltd's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.898/17.75
=5.06 %

Current Share Price is ¥17.75.
China Merchants Securities Asset Management Co.,Ltd's Dividends per Share for the forward twelve months is calculated as ¥0.449 * 2 = ¥0.898.

China Merchants Securities Asset Management Co.,Ltd's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.568/17.75
=3.20 %

Current Share Price is ¥17.75.
China Merchants Securities Asset Management Co.,Ltd's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.568.

* 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.

What does a Forward Dividend Yield % of 3.21% mean?
China Merchants Securities Asset Management Co.,Ltd (SHSE:600999) has a Forward Dividend Yield % of 3.21% as of Aug. 04, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on China Merchants Securities Asset Management Co.,Ltd and its competitors. According to the industry distribution chart, China Merchants Securities Asset Management Co.,Ltd ranks #159 out of 363 companies in the Capital Markets industry, placing it in the top 43.8%.
Is China Merchants Securities Asset Management Co.,Ltd's Forward Dividend Yield % too high?
China Merchants Securities Asset Management Co.,Ltd's current Forward Dividend Yield % is 3.21%. The Capital Markets industry median Forward Dividend Yield % is 2.78. China Merchants Securities Asset Management Co.,Ltd's value of 3.21% is 15.5% above this industry median. Based on the distribution chart, China Merchants Securities Asset Management Co.,Ltd ranks #159 out of 363 companies in the Capital Markets industry, which is above the industry midpoint. Overall, China Merchants Securities Asset Management Co.,Ltd has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Merchants Securities Asset Management Co.,Ltd's Forward Dividend Yield % compare to MS and GS?
According to the Capital Markets industry distribution chart, China Merchants Securities Asset Management Co.,Ltd ranks #159 out of 363 companies for Forward Dividend Yield %. This puts China Merchants Securities Asset Management Co.,Ltd in the upper half of its industry. The industry median Forward Dividend Yield % is 2.78. China Merchants Securities Asset Management Co.,Ltd's value of 3.21% is 15.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for a Capital Markets company?
The median Forward Dividend Yield % among Capital Markets companies is 2.78, based on 363 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Merchants Securities Asset Management Co.,Ltd's current Forward Dividend Yield % of 3.21% is 15.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on China Merchants Securities Asset Management Co.,Ltd and its competitors. For the Capital Markets industry, the median Forward Dividend Yield % is 2.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Merchants Securities Asset Management Co.,Ltd's current Forward Dividend Yield % is 3.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Merchants Securities Asset Management Co.,Ltd stock overvalued right now?
Based on GuruFocus' analysis, China Merchants Securities Asset Management Co.,Ltd (SHSE:600999) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥24.55, compared to a current price of ¥17.75 — trading 27.7% below its estimated fair value. The current Forward Dividend Yield % is 3.21% and 15.5% above the Capital Markets industry median of 2.78. China Merchants Securities Asset Management Co.,Ltd's overall GF Score™ is 64/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For China Merchants Securities Asset Management Co.,Ltd (SHSE:600999), the current Forward Dividend Yield % is 3.21% as of Aug. 04, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is China Merchants Securities Asset Management Co.,Ltd (SHSE:600999) Overvalued in 2026?

Based on GuruFocus' analysis, China Merchants Securities Asset Management Co.,Ltd stock appears to be undervalued. The current stock price of ¥17.75 is trading 27.7% below its estimated GF Value™ of ¥24.55. GuruFocus considers China Merchants Securities Asset Management Co.,Ltd to be Modestly Undervalued.

Key valuation signals for SHSE:600999:

  • Forward Dividend Yield %: 3.21%
  • GF Value™: ¥24.55 vs. price of ¥17.75 (27.7% below fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 15.5% above the Capital Markets median (#159 of 363)

No single metric tells the full story. See the SHSE:600999 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Merchants Securities Asset Management Co.,Ltd Business Description

Other Exchanges 06099:Hong Kong195H:Germany
Address No. 111, Fuhua Yi Road, Futian Street, Futian District, Guangdong Province, Shenzhen, CHN, 518046
China Merchants Securities Asset Management Co.,Ltd is a financial service provider. The company provides services like investment banking, financial advisory, equity underwriting, asset management, investment advisory, and trading equity securities, among others. Its business is divided into four segments: Wealth management and institutional business; Investment banking; Investment management; and Investment and trading. The Wealth management and institutional business segment, which generates key revenue, engages in the trading of stocks and futures contracts on behalf of clients and includes margin financing, securities lending, and selling financial and other wealth management products.
64GF Score

Get the complete analysis for SHSE:600999

Forward Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥17.75
Price
¥24.55
GF Value