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Guangdong Transtek Medical Electronics Co (SZSE:300562) Forward Dividend Yield % : 1.78% (As of Jun. 25, 2024)


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What is Guangdong Transtek Medical Electronics Co Forward Dividend Yield %?

As of today (2024-06-25), the Forward Annual Dividend Yield of Guangdong Transtek Medical Electronics Co is 1.78%.

As of today (2024-06-25), the Trailing Annual Dividend Yield of Guangdong Transtek Medical Electronics Co is 1.78%.

SZSE:300562's Forward Dividend Yield % is ranked worse than
51.77% of 311 companies
in the Medical Devices & Instruments industry
Industry Median: 1.89 vs SZSE:300562: 1.78

Guangdong Transtek Medical Electronics Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

During the past 3 years, the average Dividends Per Share Growth Rate was -23.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -11.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Guangdong Transtek Medical Electronics Co was 94.90% per year. The lowest was -29.60% per year. And the median was -19.65% 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 Guangdong Transtek Medical Electronics Co's Forward Dividend Yield %

For the Medical Devices subindustry, Guangdong Transtek Medical Electronics 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.


Guangdong Transtek Medical Electronics Co's Forward Dividend Yield % Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Guangdong Transtek Medical Electronics Co's Forward Dividend Yield % falls into.



Guangdong Transtek Medical Electronics Co Forward Dividend Yield % Calculation

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

Guangdong Transtek Medical Electronics Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.1510752024-04-252024-04-242024-04-25Cash 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.

Guangdong Transtek Medical Electronics Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.151075/8.58
=1.76 %

Current Share Price is ¥8.58.
Guangdong Transtek Medical Electronics Co's Dividends per Share for the forward twelve months is calculated as ¥0.151075 * 1 = ¥0.151075.

Guangdong Transtek Medical Electronics Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.151075/8.58
=1.76 %

Current Share Price is ¥8.58.
Guangdong Transtek Medical Electronics Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.151075.

* 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.


Guangdong Transtek Medical Electronics Co  (SZSE:300562) 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.


Guangdong Transtek Medical Electronics Co Forward Dividend Yield % Related Terms

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Guangdong Transtek Medical Electronics Co (SZSE:300562) Business Description

Traded in Other Exchanges
N/A
Address
Zone A, No.105 Dongli Road, Torch Development District, Guangdong Province, Zhongshan, CHN, 528437
Guangdong Transtek Medical Electronics Co Ltd operates in the digital health industry. The company is specializing in the research and development, production and sales of home medical and health electronic products and the development of the intelligent and healthy cloud platform. Its products mainly include electronic health scales, fat measuring instruments, wearable watches, electronic blood pressure monitors and electronic blood glucose meters. The company also offers an intelligent health cloud platform which mainly includes music and intelligent hardware integration services for sports slimming and chronic disease management.
Executives
Pan Wei Chao Directors, executives
Xu Lang Directors, executives
Mai Jiong Zhang Directors, executives
Sha Hua Hai Directors, executives
Xu Ying Feng Executives

Guangdong Transtek Medical Electronics Co (SZSE:300562) Headlines

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