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Zhejiang Weixing Industrial Development Co (SZSE:002003) Forward Dividend Yield % : 5.07% (As of Dec. 15, 2024)


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What is Zhejiang Weixing Industrial Development Co Forward Dividend Yield %?

As of today (2024-12-15), the Forward Annual Dividend Yield of Zhejiang Weixing Industrial Development Co is 5.07%.

As of today (2024-12-15), the Trailing Annual Dividend Yield of Zhejiang Weixing Industrial Development Co is 5.07%.

SZSE:002003's Forward Dividend Yield % is ranked better than
75.56% of 540 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.63 vs SZSE:002003: 5.07

Zhejiang Weixing Industrial Development Co's Dividends per Share for the three months ended in Sep. 2024 was ¥0.20.

During the past 12 months, Zhejiang Weixing Industrial Development Co's average Dividends Per Share Growth Rate was 85.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Zhejiang Weixing Industrial Development Co was 88.80% per year. The lowest was -6.40% per year. And the median was 11.10% 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 Zhejiang Weixing Industrial Development Co's Forward Dividend Yield %

For the Apparel Manufacturing subindustry, Zhejiang Weixing Industrial Development 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.


Zhejiang Weixing Industrial Development Co's Forward Dividend Yield % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang Weixing Industrial Development Co's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Zhejiang Weixing Industrial Development Co's Forward Dividend Yield % falls into.



Zhejiang Weixing Industrial Development Co Forward Dividend Yield % Calculation

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

Zhejiang Weixing Industrial Development Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.2000002024-09-252024-09-242024-09-25Cash Dividendsemi-annuallyCNY:CNY 1.000000
CNY 0.4500002024-05-232024-05-222024-05-23Cash 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.

Zhejiang Weixing Industrial Development Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.4/12.82
=3.12 %

Current Share Price is ¥12.82.
Zhejiang Weixing Industrial Development Co's Dividends per Share for the forward twelve months is calculated as ¥0.2 * 2 = ¥0.4.

Zhejiang Weixing Industrial Development Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.65/12.82
=5.07 %

Current Share Price is ¥12.82.
Zhejiang Weixing Industrial Development Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.65.

* 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.


Zhejiang Weixing Industrial Development Co  (SZSE:002003) 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.


Zhejiang Weixing Industrial Development Co Forward Dividend Yield % Related Terms

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Zhejiang Weixing Industrial Development Co Business Description

Traded in Other Exchanges
N/A
Address
Garden Industrial Zone, Zhejiang Province, Linhai, CHN, 317025
Zhejiang Weixing Industrial Development Co Ltd is engaged in the R&D, manufacture and distribution of buttons, zippers, metal products and other clothing accessories in China.
Executives
Zhang Ka Peng Director
Hou You Sen Directors, executives
Zheng Fu Hua Supervisors
Zhang San Yun Directors, executives
Zhu Li Quan Director
Cai Li Yong Executives
Shen Li Yong Executives
Luo Shi Wan Directors, executives
Zhang Zu Xing Executives

Zhejiang Weixing Industrial Development Co Headlines

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