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Tangshan Jidong Cement Co (SZSE:000401) Forward Dividend Yield %

: 3.03% (As of Today)
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As of today (2024-04-23), the Forward Annual Dividend Yield of Tangshan Jidong Cement Co is 3.03%.

As of today (2024-04-23), the Trailing Annual Dividend Yield of Tangshan Jidong Cement Co is 3.03%.

SZSE:000401's Forward Dividend Yield % is ranked worse than
56.43% of 241 companies
in the Building Materials industry
Industry Median: 3.43 vs SZSE:000401: 3.03

Tangshan Jidong Cement Co's Dividends per Share for the three months ended in Dec. 2023 was ¥0.00.

During the past 12 months, Tangshan Jidong Cement Co's average Dividends Per Share Growth Rate was -80.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -33.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tangshan Jidong Cement Co was 23.30% per year. The lowest was -33.10% per year. And the median was -2.00% per year.

The growth rate is calculated with least square regression.

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


Competitive Comparison

For the Building Materials subindustry, Tangshan Jidong Cement 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.


Tangshan Jidong Cement Co Forward Dividend Yield % Distribution

For the Building Materials industry and Basic Materials sector, Tangshan Jidong Cement Co's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Tangshan Jidong Cement Co's Forward Dividend Yield % falls into.



Tangshan Jidong Cement Co Forward Dividend Yield % Calculation

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

Tangshan Jidong Cement Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.1502023-05-312023-05-302023-05-31Cash 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.

Tangshan Jidong Cement Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.15/4.98
=3.01 %

Current Share Price is ¥4.98.
Tangshan Jidong Cement Co's Dividends per Share for the forward twelve months is calculated as ¥0.15 * 1 = ¥0.15.

Tangshan Jidong Cement Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.15/4.98
=3.01 %

Current Share Price is ¥4.98.
Tangshan Jidong Cement Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.15.

* 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.


Tangshan Jidong Cement Co  (SZSE:000401) 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.


Tangshan Jidong Cement Co Forward Dividend Yield % Related Terms

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Tangshan Jidong Cement Co (SZSE:000401) Business Description

Traded in Other Exchanges
N/A
Address
Linyin Road, Fengrun District, Hebei Province, Tangshan, CHN, 064000
Tangshan Jidong Cement Co Ltd is a China-based company engages in the manufacturing and selling of cement and clinker. Its products and services include English and American standard Portland cement, road Portland cement, slag Portland cement, and compound cement as well as logistics services. Its products are mainly used in the civil engineering, hydraulic construction, national defense and other projects.

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