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Shanghai Huafon Aluminium (SHSE:601702) Forward Dividend Yield % : 0.48% (As of May. 14, 2024)


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What is Shanghai Huafon Aluminium Forward Dividend Yield %?

As of today (2024-05-14), the Forward Annual Dividend Yield of Shanghai Huafon Aluminium is 0.48%.

As of today (2024-05-14), the Trailing Annual Dividend Yield of Shanghai Huafon Aluminium is 0.48%.

SHSE:601702's Forward Dividend Yield % is ranked worse than
90.2% of 296 companies
in the Metals & Mining industry
Industry Median: 2.325 vs SHSE:601702: 0.48

Shanghai Huafon Aluminium's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Shanghai Huafon Aluminium's average Dividends Per Share Growth Rate was 31.60% 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 Shanghai Huafon Aluminium's Forward Dividend Yield %

For the Aluminum subindustry, Shanghai Huafon Aluminium'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.


Shanghai Huafon Aluminium's Forward Dividend Yield % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Shanghai Huafon Aluminium's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Shanghai Huafon Aluminium's Forward Dividend Yield % falls into.



Shanghai Huafon Aluminium Forward Dividend Yield % Calculation

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

Shanghai Huafon Aluminium Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.1000002023-06-012023-05-312023-06-01Cash 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.

Shanghai Huafon Aluminium's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.1/20.26
=0.49 %

Current Share Price is ¥20.26.
Shanghai Huafon Aluminium's Dividends per Share for the forward twelve months is calculated as ¥0.1 * 1 = ¥0.1.

Shanghai Huafon Aluminium's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.1/20.26
=0.49 %

Current Share Price is ¥20.26.
Shanghai Huafon Aluminium's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.1.

* 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.


Shanghai Huafon Aluminium  (SHSE:601702) 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.


Shanghai Huafon Aluminium Forward Dividend Yield % Related Terms

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Shanghai Huafon Aluminium (SHSE:601702) Business Description

Traded in Other Exchanges
N/A
Address
1111 Yuegong Road, Jinshan District, Shanghai, CHN, 201506
Shanghai Huafon Aluminium Corp is engaged in production and sales of aluminum sheet, strip and foil. The company's products include brazed heat exchangers material; water tanks, heaters, air coolers; condenser; evaporator, heater, oil cooler; and Other Industrial Products Materials. Its products line covers all kinds of alloyed material and specifications which is widely used in the automobile and construction machinery and equipment cooling systems, power station cooling system, micro-channel cooler and all kinds of both commercial and residential air-conditioners. It also processes all kinds of aluminum products processing 1,3,4,5,7 series, which are widely used in transportation construction, food packaging, electronics information industry and other fields.

Shanghai Huafon Aluminium (SHSE:601702) Headlines

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