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Wuhan Yifi Laser (SHSE:688646) Forward Dividend Yield % : 1.38% (As of Sep. 21, 2024)


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What is Wuhan Yifi Laser Forward Dividend Yield %?

As of today (2024-09-21), the Forward Annual Dividend Yield of Wuhan Yifi Laser is 1.38%.

As of today (2024-09-21), the Trailing Annual Dividend Yield of Wuhan Yifi Laser is 1.38%.

SHSE:688646's Forward Dividend Yield % is ranked worse than
64.66% of 1947 companies
in the Industrial Products industry
Industry Median: 2.06 vs SHSE:688646: 1.38

Wuhan Yifi Laser's Dividends per Share for the three months ended in Jun. 2024 was ¥0.33.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Wuhan Yifi Laser's Forward Dividend Yield %

For the Specialty Industrial Machinery subindustry, Wuhan Yifi Laser'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.


Wuhan Yifi Laser's Forward Dividend Yield % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wuhan Yifi Laser's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Wuhan Yifi Laser's Forward Dividend Yield % falls into.



Wuhan Yifi Laser Forward Dividend Yield % Calculation

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

Wuhan Yifi Laser Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.3300002024-06-242024-06-212024-06-24Cash 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.

Wuhan Yifi Laser's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.33/23.07
=1.43 %

Current Share Price is ¥23.07.
Wuhan Yifi Laser's Dividends per Share for the forward twelve months is calculated as ¥0.33 * 1 = ¥0.33.

Wuhan Yifi Laser's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.33/23.07
=1.43 %

Current Share Price is ¥23.07.
Wuhan Yifi Laser's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.33.

* 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.


Wuhan Yifi Laser  (SHSE:688646) 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.


Wuhan Yifi Laser Forward Dividend Yield % Related Terms

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Wuhan Yifi Laser Business Description

Traded in Other Exchanges
N/A
Address
No. 999 Gaoxin Avenue, Room 1101, Building C1, Phase I, Longshan Innovation Park, Wuhan Future Science and Technology City, East Lake High-tech Development Zone, Hubei, Wuhan, CHN, 430000
Wuhan Yifi Laser Corp Ltd is engaged in Research and development, design, production and sales of precision laser processing intelligent equipment.
Executives
Zhao Lai Gen Director

Wuhan Yifi Laser Headlines

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