Shandong Donghong Pipe Industry Co (SHSE:603856) Forward Dividend Yield % : 0.00% (As of May. 17, 2024)

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What is Shandong Donghong Pipe Industry Co Forward Dividend Yield %?

As of today (2024-05-17), the Forward Annual Dividend Yield of Shandong Donghong Pipe Industry Co is 0.00%.

As of today (2024-05-17), the Trailing Annual Dividend Yield of Shandong Donghong Pipe Industry Co is 1.57%.

SHSE:603856's Forward Dividend Yield % is not ranked ^*
in the Construction industry.
Industry Median: 3.075
* Ranked among companies with meaningful Forward Dividend Yield % only.

Shandong Donghong Pipe Industry Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Shandong Donghong Pipe Industry Co's average Dividends Per Share Growth Rate was 12.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -9.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.90% per year.

During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of Shandong Donghong Pipe Industry Co was 37.70% per year. The lowest was -9.70% per year. And the median was -5.00% 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 Shandong Donghong Pipe Industry Co's Forward Dividend Yield %

For the Building Products & Equipment subindustry, Shandong Donghong Pipe Industry 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.

Shandong Donghong Pipe Industry Co's Forward Dividend Yield % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Shandong Donghong Pipe Industry Co's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Shandong Donghong Pipe Industry Co's Forward Dividend Yield % falls into.

Shandong Donghong Pipe Industry Co Forward Dividend Yield % Calculation

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

Shandong Donghong Pipe Industry Co (SHSE:603856) 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.

Shandong Donghong Pipe Industry Co Forward Dividend Yield % Related Terms

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Shandong Donghong Pipe Industry Co (SHSE:603856) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shandong Donghong Pipe Industry Co Ltd (SHSE:603856) » Definitions » Forward Dividend Yield %

Comparable Companies

Traded in Other Exchanges

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Address

No.1 Donghong Road, Shandong Province, Qufu, CHN, 273100

Website

http://www.dhguanye.com

Shandong Donghong Pipe Industry Co Ltd is engaged in the research and development, manufacturing and service of an intelligent pipeline system in China. Its products line includes steel mesh skeleton plastic composite pipes, super wear-resisting composite pipes, HDPE gas pipes, plastic-coated steel pipes, polyethylene pipes for underground coal mining, and other products.

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