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Bank of Suzhou Co (SZSE:002966) Forward Dividend Yield % : 4.37% (As of May. 04, 2024)


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What is Bank of Suzhou Co Forward Dividend Yield %?

As of today (2024-05-04), the Forward Annual Dividend Yield of Bank of Suzhou Co is 4.37%.

As of today (2024-05-04), the Trailing Annual Dividend Yield of Bank of Suzhou Co is 4.37%.

SZSE:002966's Forward Dividend Yield % is ranked better than
53.79% of 1175 companies
in the Banks industry
Industry Median: 4.09 vs SZSE:002966: 4.37

Bank of Suzhou Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Bank of Suzhou Co's average Dividends Per Share Growth Rate was 17.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 21.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Bank of Suzhou Co was 21.90% per year. The lowest was 21.90% per year. And the median was 21.90% 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 Bank of Suzhou Co's Forward Dividend Yield %

For the Banks - Regional subindustry, Bank of Suzhou 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.


Bank of Suzhou Co's Forward Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank of Suzhou Co's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Bank of Suzhou Co's Forward Dividend Yield % falls into.



Bank of Suzhou Co Forward Dividend Yield % Calculation

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

Bank of Suzhou Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.3300002023-05-312023-05-302023-05-31Cash 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.

Bank of Suzhou Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.33/7.55
=4.37 %

Current Share Price is ¥7.55.
Bank of Suzhou Co's Dividends per Share for the forward twelve months is calculated as ¥0.33 * 1 = ¥0.33.

Bank of Suzhou Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.33/7.55
=4.37 %

Current Share Price is ¥7.55.
Bank of Suzhou Co'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.


Bank of Suzhou Co  (SZSE:002966) 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.


Bank of Suzhou Co Forward Dividend Yield % Related Terms

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Bank of Suzhou Co (SZSE:002966) Business Description

Traded in Other Exchanges
N/A
Address
728 Zhongyuan Road, Jiangsu Province, Suzhou City, CHN, 215128
Bank of Suzhou Co Ltd operates as a bank. The company offers commercial banking services which includes checking account services, makes various loans, and offers basic financial products like certificates of deposit and savings accounts to individuals and small businesses.

Bank of Suzhou Co (SZSE:002966) Headlines

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