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Shandong Intco Recycling Resources Co (SHSE:688087) Forward Dividend Yield % : 0.68% (As of May. 29, 2024)


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What is Shandong Intco Recycling Resources Co Forward Dividend Yield %?

As of today (2024-05-29), the Forward Annual Dividend Yield of Shandong Intco Recycling Resources Co is 0.68%.

As of today (2024-05-29), the Trailing Annual Dividend Yield of Shandong Intco Recycling Resources Co is 0.68%.

SHSE:688087's Forward Dividend Yield % is ranked worse than
90.76% of 119 companies
in the Waste Management industry
Industry Median: 2.78 vs SHSE:688087: 0.68

Shandong Intco Recycling Resources Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Shandong Intco Recycling Resources Co's average Dividends Per Share Growth Rate was 39.90% 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 Intco Recycling Resources Co's Forward Dividend Yield %

For the Waste Management subindustry, Shandong Intco Recycling Resources 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 Intco Recycling Resources Co's Forward Dividend Yield % Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Shandong Intco Recycling Resources Co's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Shandong Intco Recycling Resources Co's Forward Dividend Yield % falls into.



Shandong Intco Recycling Resources Co Forward Dividend Yield % Calculation

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

Shandong Intco Recycling Resources Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.2000002023-06-162023-06-152023-06-16Cash 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.

Shandong Intco Recycling Resources Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.2/29.34
=0.68 %

Current Share Price is ¥29.34.
Shandong Intco Recycling Resources Co's Dividends per Share for the forward twelve months is calculated as ¥0.2 * 1 = ¥0.2.

Shandong Intco Recycling Resources Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.2/29.34
=0.68 %

Current Share Price is ¥29.34.
Shandong Intco Recycling Resources Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.2.

* 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.


Shandong Intco Recycling Resources Co  (SHSE:688087) 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 Intco Recycling Resources Co Forward Dividend Yield % Related Terms

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Shandong Intco Recycling Resources Co (SHSE:688087) Business Description

Traded in Other Exchanges
N/A
Address
Qingtian Road, Qilu Chemical Industrial Park, Linzi District, Shandong Province, Zibo, CHN, 255414
Shandong Intco Recycling Resources Co Ltd is an innovative plastic recycling and recycling company. It is mainly engaged in the recycling and utilization of renewable plastics.

Shandong Intco Recycling Resources Co (SHSE:688087) Headlines

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