Ningbo Orient Wires & Cables Co (SHSE:603606) Forward Dividend Yield % : 0.00% (As of Apr. 30, 2024)

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What is Ningbo Orient Wires & Cables Co Forward Dividend Yield %?

As of today (2024-04-30), the Forward Annual Dividend Yield of Ningbo Orient Wires & Cables Co is 0.00%.

As of today (2024-04-30), the Trailing Annual Dividend Yield of Ningbo Orient Wires & Cables Co is 0.58%.

SHSE:603606's Forward Dividend Yield % is not ranked ^*
in the Industrial Products industry.
Industry Median: 1.92
* Ranked among companies with meaningful Forward Dividend Yield % only.

Ningbo Orient Wires & Cables Co's Dividends per Share for the three months ended in Dec. 2023 was ¥0.00.

During the past 12 months, Ningbo Orient Wires & Cables Co's average Dividends Per Share Growth Rate was -28.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 24.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 53.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ningbo Orient Wires & Cables Co was 89.10% per year. The lowest was 9.40% per year. And the median was 66.95% 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 Ningbo Orient Wires & Cables Co's Forward Dividend Yield %

For the Electrical Equipment & Parts subindustry, Ningbo Orient Wires & Cables 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.

Ningbo Orient Wires & Cables Co's Forward Dividend Yield % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ningbo Orient Wires & Cables Co's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Ningbo Orient Wires & Cables Co's Forward Dividend Yield % falls into.

Ningbo Orient Wires & Cables Co Forward Dividend Yield % Calculation

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

Ningbo Orient Wires & Cables Co (SHSE:603606) 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.

Ningbo Orient Wires & Cables Co Forward Dividend Yield % Related Terms

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Ningbo Orient Wires & Cables Co (SHSE:603606) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ningbo Orient Wires & Cables Co Ltd (SHSE:603606) » Definitions » Forward Dividend Yield %

Traded in Other Exchanges

N/A

Address

968 East JiangNan Road, Beilun District, Zhejiang, Ningbo, CHN

Website

http://www.orient-cables.com

Ningbo Orient Wires & Cables Co Ltd is a China-based fiber optic cable manufacturing company. The company is a provider in design, manufacture, install, and service of land cables and subsea cables. Its products are mainly used by the energy companies and subsea service providers. Its subsea cables products include AC subsea power cables, DC subsea power cables, Subsea Equipment Umbilical, Subsea dynamic cables used in a submarine. Its power cable offerings include D.C Power Cable, LV Power Cable(1kV), MV Power Cable(6-35kV), HV Power Cable(110kV), among others.

Ningbo Orient Wires & Cables Co (SHSE:603606) Headlines

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