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As of today (2026-08-07), the Forward Annual Dividend Yield of Well Lead Medical Co is 8.64%.
As of today (2026-08-07), the Trailing Annual Dividend Yield of Well Lead Medical Co is 4.32%.
SHSE:603309's Forward Dividend Yield % is ranked better than 97.76% of 312
companies
in the Medical Devices & Instruments industry
Industry Median: 2.025
vs SHSE:603309: 8.64
During the past 3 years, the average Dividends Per Share Growth Rate was 54.70% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 31.40% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Well Lead Medical Co was 54.70% per year. The lowest was 0.00% per year. And the median was 20.60% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Well Lead Medical Co (SHSE:603309) 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.
Well Lead Medical Co Forward Dividend Yield % Related Terms
SHSE:603309 vs ISRG, BDX, MDLN: Forward Dividend Yield % Comparison
For the Medical Instruments & Supplies subindustry, Well Lead Medical 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.
Well Lead Medical Co Forward Dividend Yield % vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Well Lead Medical Co's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Well Lead Medical Co's Forward Dividend Yield % falls into.
Well Lead Medical Co Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Well Lead Medical Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CNY 0.300000
2026-05-28
2026-05-27
2026-05-28
Cash Dividend
quarterly
CNY:CNY 1.000000
CNY 0.200000
2026-01-08
2026-01-07
2026-01-08
Cash Dividend
semi-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.
Well Lead Medical Co's Forward Annual Dividend Yield (%) for Today is calculated as
* 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 8.64% mean?
Well Lead Medical Co (SHSE:603309) has a Forward Dividend Yield % of 8.64% as of Aug. 07, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Well Lead Medical Co and its competitors. According to the industry distribution chart, Well Lead Medical Co ranks #7 out of 312 companies in the Medical Devices & Instruments industry, placing it in the top 2.2%.
Is Well Lead Medical Co's Forward Dividend Yield % too high?
Well Lead Medical Co's current Forward Dividend Yield % is 8.64%. The Medical Devices & Instruments industry median Forward Dividend Yield % is 2.03. Well Lead Medical Co's value of 8.64% is 326.7% above this industry median. Based on the distribution chart, Well Lead Medical Co ranks #7 out of 312 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Well Lead Medical Co has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Well Lead Medical Co's Forward Dividend Yield % compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Well Lead Medical Co ranks #7 out of 312 companies for Forward Dividend Yield %. This places Well Lead Medical Co in the top 2% of its industry — outperforming the majority of peers. The industry median Forward Dividend Yield % is 2.03. Well Lead Medical Co's value of 8.64% is 326.7% 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 Medical Devices & Instruments company?
The median Forward Dividend Yield % among Medical Devices & Instruments companies is 2.03, based on 312 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. Well Lead Medical Co's current Forward Dividend Yield % of 8.64% is 326.7% 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 Well Lead Medical Co and its competitors. For the Medical Devices & Instruments industry, the median Forward Dividend Yield % is 2.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Well Lead Medical Co's current Forward Dividend Yield % is 8.64%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Well Lead Medical Co stock overvalued right now?
Based on GuruFocus' analysis, Well Lead Medical Co (SHSE:603309) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥14.48, compared to a current price of ¥11.59 — trading 20% below its estimated fair value. The current Forward Dividend Yield % is 8.64% and 326.7% above the Medical Devices & Instruments industry median of 2.03. Well Lead Medical Co's overall GF Score™ is 84/100 with 4 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 Well Lead Medical Co (SHSE:603309), the current Forward Dividend Yield % is 8.64% as of Aug. 07, 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 Well Lead Medical Co (SHSE:603309) Overvalued in 2026?
Based on GuruFocus' analysis, Well Lead Medical Co stock appears to be undervalued.
The current stock price of ¥11.59 is trading 20% below its estimated GF Value™ of ¥14.48.
GuruFocus considers Well Lead Medical Co to be Modestly Undervalued.
Key valuation signals for SHSE:603309:
Forward Dividend Yield %: 8.64%
GF Value™: ¥14.48 vs. price of ¥11.59 (20% below fair value)
Industry Position: 326.7% above the Medical Devices & Instruments median (#7 of 312)
No single metric tells the full story. See the SHSE:603309 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AddressNo. 45-47, South of Guomao Avenue, No. 4, Area C, Jinhu Industrial City, Hualong Town, Panyu District, Guangdong Province, Guangzhou City, CHN, 511434
Well Lead Medical Co Ltd is engaged in research, production, and sales of medical catheters in anaesthesia, urology, respiratory and hemodialysis region. Its products include Endotracheal Tube, Standar Endotracheal Tube, and Suction Endotracheal Tube. The company products are used in surgery, treatment, first aid, and nursing. The company exports its products to North America, Europe, and Japan.
84GF Score
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