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SHSE:603004's Forward Dividend Yield % is ranked worse than 65.66% of 1025
companies
in the Chemicals industry
Industry Median: 1.63
vs SHSE:603004: 0.99
Zhejiang Dragon Technology Co (SHSE:603004) 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.
Zhejiang Dragon Technology Co Forward Dividend Yield % Related Terms
SHSE:603004 vs DOW: Forward Dividend Yield % Comparison
For the Chemicals subindustry, Zhejiang Dragon Technology 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.
Zhejiang Dragon Technology Co Forward Dividend Yield % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Zhejiang Dragon Technology Co's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Zhejiang Dragon Technology Co's Forward Dividend Yield % falls into.
Zhejiang Dragon Technology Co Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Zhejiang Dragon Technology Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CNY 0.200000
2026-06-01
2026-05-29
2026-06-01
Cash Dividend
annually
CNY: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.
* 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 0.99% mean?
Zhejiang Dragon Technology Co (SHSE:603004) has a Forward Dividend Yield % of 0.99% as of Aug. 06, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Zhejiang Dragon Technology Co and its competitors. According to the industry distribution chart, Zhejiang Dragon Technology Co ranks #673 out of 1025 companies in the Chemicals industry, placing it in the top 65.7%.
Is Zhejiang Dragon Technology Co's Forward Dividend Yield % too high?
Zhejiang Dragon Technology Co's current Forward Dividend Yield % is 0.99%. The Chemicals industry median Forward Dividend Yield % is 1.63. Zhejiang Dragon Technology Co's value of 0.99% is 39.3% below this industry median. Based on the distribution chart, Zhejiang Dragon Technology Co ranks #673 out of 1025 companies in the Chemicals industry, which is below the industry midpoint. Overall, Zhejiang Dragon Technology Co has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Dragon Technology Co's Forward Dividend Yield % compare to DOW?
According to the Chemicals industry distribution chart, Zhejiang Dragon Technology Co ranks #673 out of 1025 companies for Forward Dividend Yield %. This places Zhejiang Dragon Technology Co in the lower half of its industry. The industry median Forward Dividend Yield % is 1.63. Zhejiang Dragon Technology Co's value of 0.99% is 39.3% below 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 Chemicals company?
The median Forward Dividend Yield % among Chemicals companies is 1.63, based on 1,025 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. Zhejiang Dragon Technology Co's current Forward Dividend Yield % of 0.99% is 39.3% below 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 Zhejiang Dragon Technology Co and its competitors. For the Chemicals industry, the median Forward Dividend Yield % is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Dragon Technology Co's current Forward Dividend Yield % is 0.99%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Dragon Technology Co stock overvalued right now?
Zhejiang Dragon Technology Co (SHSE:603004) has a current Forward Dividend Yield % of 0.99%. The current Forward Dividend Yield % is 0.99% and 39.3% below the Chemicals industry median of 1.63. Zhejiang Dragon Technology Co's overall GF Score™ is 39/100 with 1 warning sign 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 Zhejiang Dragon Technology Co (SHSE:603004), the current Forward Dividend Yield % is 0.99% as of Aug. 06, 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.
Zhejiang Dragon Technology Co Ltd is engaged in the research and development, production, sales and trade of fine chemical products. Its products include hair dye raw materials and special engineering material.
39GF Score
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