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Double Medical Technology (SZSE:002901) Forward Dividend Yield % : 0.74% (As of Mar. 03, 2025)


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What is Double Medical Technology Forward Dividend Yield %?

As of today (2025-03-03), the Forward Annual Dividend Yield of Double Medical Technology is 0.74%.

As of today (2025-03-03), the Trailing Annual Dividend Yield of Double Medical Technology is 0.74%.

SZSE:002901's Forward Dividend Yield % is ranked worse than
81.49% of 308 companies
in the Medical Devices & Instruments industry
Industry Median: 1.915 vs SZSE:002901: 0.74

Double Medical Technology's Dividends per Share for the three months ended in Sep. 2024 was ¥0.00.

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of Double Medical Technology was 26.00% per year. The lowest was 26.00% per year. And the median was 26.00% per year.

The growth rate is calculated with least square regression.

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


Competitive Comparison of Double Medical Technology's Forward Dividend Yield %

For the Medical Devices subindustry, Double Medical Technology'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.


Double Medical Technology's Forward Dividend Yield % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Double Medical Technology's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Double Medical Technology's Forward Dividend Yield % falls into.



Double Medical Technology Forward Dividend Yield % Calculation

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

Double Medical Technology Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.2500002024-06-242024-06-212024-06-24Cash 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.

Double Medical Technology's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.25/33.52
=0.75 %

Current Share Price is ¥33.52.
Double Medical Technology's Dividends per Share for the forward twelve months is calculated as ¥0.25 * 1 = ¥0.25.

Double Medical Technology's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.25/33.52
=0.75 %

Current Share Price is ¥33.52.
Double Medical Technology's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.25.

* 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.


Double Medical Technology  (SZSE:002901) 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.


Double Medical Technology Forward Dividend Yield % Related Terms

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Double Medical Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Hongdong Road, Haicang District, Fujian Province, Shanbian, Xiamen, CHN, 361027
Double Medical Technology Inc provides services and devices in the areas of orthopedics, wound management, neurosurgery, and general surgery. It offers product related to Trauma, Spinal and joint. The business activities are carried out through China.
Executives
Chen Dan He Executives
Han Shao Jian Executives
Ruan Dong Yang Executives
Luo Jiong Directors, executives
Hua Xian Nan Secretary Dong
Li Hui Independent director
Zhan Huan Huan Supervisors

Double Medical Technology Headlines

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