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Sunny Optical Technology (Group) Co (Sunny Optical Technology (Group) Co) Forward Dividend Yield % : 0.61% (As of Apr. 30, 2024)


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What is Sunny Optical Technology (Group) Co Forward Dividend Yield %?

As of today (2024-04-30), the Forward Annual Dividend Yield of Sunny Optical Technology (Group) Co is 0.61%.

As of today (2024-04-30), the Trailing Annual Dividend Yield of Sunny Optical Technology (Group) Co is 1.39%.

SNPTF's Forward Dividend Yield % is ranked worse than
88.83% of 1343 companies
in the Hardware industry
Industry Median: 2.46 vs SNPTF: 0.61

Sunny Optical Technology (Group) Co's Dividends per Share for the six months ended in Dec. 2023 was $0.00.

During the past 12 months, Sunny Optical Technology (Group) Co's average Dividends Per Share Growth Rate was -53.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -17.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -1.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 23.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Sunny Optical Technology (Group) Co was 78.10% per year. The lowest was -17.70% per year. And the median was 29.50% 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 Sunny Optical Technology (Group) Co's Forward Dividend Yield %

For the Electronic Components subindustry, Sunny Optical Technology (Group) 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.


Sunny Optical Technology (Group) Co's Forward Dividend Yield % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Sunny Optical Technology (Group) Co's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Sunny Optical Technology (Group) Co's Forward Dividend Yield % falls into.



Sunny Optical Technology (Group) Co Forward Dividend Yield % Calculation

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

Sunny Optical Technology (Group) Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
HKD 0.5002023-05-312023-06-012023-06-28Cash DividendannuallyHKD:USD 0.127707

* 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.

Sunny Optical Technology (Group) Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.0638535/4.60
=1.39 %

Current Share Price is $4.60.
Sunny Optical Technology (Group) Co's Dividends per Share for the forward twelve months is calculated as $0.0638535 * 1 = $0.0638535.

Sunny Optical Technology (Group) Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.0638535/4.60
=1.39 %

Current Share Price is $4.60.
Sunny Optical Technology (Group) Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.0638535.

* 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.


Sunny Optical Technology (Group) Co  (OTCPK:SNPTF) 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.


Sunny Optical Technology (Group) Co Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Sunny Optical Technology (Group) Co's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Sunny Optical Technology (Group) Co (Sunny Optical Technology (Group) Co) Business Description

Traded in Other Exchanges
Address
No. 66-68, Fengle Road, Zhejiang Province, Yuyao, CHN, 315400
Headquartered in Yuyao, China, Sunny Optical is China's biggest handset camera modules maker and the world's largest handset lens sets manufacturer. Higher-margin lens sets are used on smartphones, vehicles, and augmented/virtual reality. Sunny Optical is a key beneficiary of the secular growth of mobile and vehicle camera demand, as smartphone manufacturers seek differentiated camera features and advanced driver-assistance systems witness rising adoption among automakers. The firm also manufactures optical instruments, such as high-end microscopes and optical measuring instruments. The company employed over 26,610 people as of December 2022.

Sunny Optical Technology (Group) Co (Sunny Optical Technology (Group) Co) Headlines

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