GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Zhejiang Wansheng Co Ltd (SHSE:603010) » Definitions » Forward Dividend Yield %

Zhejiang Wansheng Co (SHSE:603010) Forward Dividend Yield % : 1.76% (As of Dec. 13, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Zhejiang Wansheng Co Forward Dividend Yield %?

As of today (2024-12-13), the Forward Annual Dividend Yield of Zhejiang Wansheng Co is 1.76%.

As of today (2024-12-13), the Trailing Annual Dividend Yield of Zhejiang Wansheng Co is 1.76%.

SHSE:603010's Forward Dividend Yield % is ranked worse than
51.41% of 1062 companies
in the Chemicals industry
Industry Median: 1.845 vs SHSE:603010: 1.76

Zhejiang Wansheng Co's Dividends per Share for the three months ended in Sep. 2024 was ¥0.00.

During the past 12 months, Zhejiang Wansheng Co's average Dividends Per Share Growth Rate was -7.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 23.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 42.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Zhejiang Wansheng Co was 76.00% per year. The lowest was -3.70% per year. And the median was 23.15% 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 Zhejiang Wansheng Co's Forward Dividend Yield %

For the Specialty Chemicals subindustry, Zhejiang Wansheng 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 Wansheng Co's Forward Dividend Yield % Distribution in the Chemicals Industry

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

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



Zhejiang Wansheng Co Forward Dividend Yield % Calculation

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

Zhejiang Wansheng Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.1850002024-05-162024-05-152024-05-16Cash 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.

Zhejiang Wansheng Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.185/10.53
=1.76 %

Current Share Price is ¥10.53.
Zhejiang Wansheng Co's Dividends per Share for the forward twelve months is calculated as ¥0.185 * 1 = ¥0.185.

Zhejiang Wansheng Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.185/10.53
=1.76 %

Current Share Price is ¥10.53.
Zhejiang Wansheng Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.185.

* 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.


Zhejiang Wansheng Co  (SHSE:603010) 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.


Zhejiang Wansheng Co Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Zhejiang Wansheng Co's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Zhejiang Wansheng Co Business Description

Traded in Other Exchanges
N/A
Address
Liangshui Development Zone, No. 8, Jujing Road, Zhejiang Province, Linhai, CHN
Zhejiang Wansheng Co Ltd is a China-based chemical producer. The company is engaged in the manufacturing and sale of organic phosphorus-based flame retardants for rigid and flexible foam, special amines, and cardanol based curing agents and diluents. Its products are mainly used in the aerospace, automotive, electronics, construction, and furniture industry. The firm has a global presence and its products are exported to various countries and regions including the United States, Europe, South America, South Korea, Japan, and Southeast Asia.
Executives
Zhou San Chang Directors, senior managers
Gao Feng senior management
Zheng Yong Xiang senior management
Gao Xian Guo Director
Gong Wei Liang senior management
Jin Yi Ping senior management
Song Li Juan Director

Zhejiang Wansheng Co Headlines

No Headlines