What is Well Lead Medical Co Forward Dividend Yield %?
As of today (2024-04-25), the Forward Annual Dividend Yield of Well Lead Medical Co is 2.78%.
As of today (2024-04-25), the Trailing Annual Dividend Yield of Well Lead Medical Co is 2.78%.
SHSE:603309's Forward Dividend Yield % is ranked better than 66.03% of 312
companies
in the Medical Devices & Instruments industry
Industry Median: 1.975
vs SHSE:603309: 2.78
Well Lead Medical Co's Dividends per Share for the
three
months ended in Mar. 2024 was ¥0.00.
During the past 12 months, Well Lead Medical Co's average Dividends Per Share Growth Rate was 151.90% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 30.20% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 23.40% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Well Lead Medical Co was 30.20% per year. The lowest was 10.20% per year. And the median was 20.45% 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 Well Lead Medical Co's Forward Dividend Yield %
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's Forward Dividend Yield % Distribution in the 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 0.340
2023-05-29
2023-05-26
2023-05-29
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.
Well Lead Medical Co's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.34
/
12.12
=
2.81 %
Current Share Price is ¥12.12.
Well Lead Medical Co's Dividends per Share for the forward twelve months is calculated as ¥0.34 * 1 = ¥0.34.
Well Lead Medical Co's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
0.34
/
12.12
=
2.81 %
Current Share Price is ¥12.12.
Well Lead Medical Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.34.
* 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.
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
Thank you for viewing the detailed overview of Well Lead Medical Co's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Well Lead Medical Co (SHSE:603309) Business Description
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.
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