SZSE:300610's Forward Dividend Yield % is ranked better than 72.63% of 1034
companies
in the Chemicals industry
Industry Median: 1.99
vs SZSE:300610: 3.46
During the past 12 months, Yangzhou Chenhua New Material Co's average Dividends Per Share Growth Rate was -5.70% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 45.60% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 45.50% per year.
During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of Yangzhou Chenhua New Material Co was 64.20% per year. The lowest was 30.60% per year. And the median was 52.35% 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 Yangzhou Chenhua New Material Co's Forward Dividend Yield %
For the Chemicals subindustry, Yangzhou Chenhua New Material 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.
Yangzhou Chenhua New Material Co's Forward Dividend Yield % Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Yangzhou Chenhua New Material Co's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Yangzhou Chenhua New Material Co's Forward Dividend Yield % falls into.
Yangzhou Chenhua New Material Co Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Yangzhou Chenhua New Material Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CNY 0.330000
2023-07-05
2023-07-04
2023-07-05
Cash Dividend
annually
CNY: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.
* 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.
Yangzhou Chenhua New Material Co (SZSE:300610) 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.
Yangzhou Chenhua New Material Co Forward Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Yangzhou Chenhua New Material Co's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Yangzhou Chenhua New Material Co (SZSE:300610) Business Description
Yangzhou Chenhua New Material Co Ltd researches, develops, produces, and sells fine chemicals. The company's primary products include flame retardant, polyether, polyether amine, silicon oil, alkyl polyglucoside, surfactant, silicon rubber and sealant, water-borne polyurethane resin, and textile auxiliary series of products. Its products are used in the everyday use chemicals, pesticides, medicines, machines, automobiles, wires and cables, architectures, and installations, as well as in the printing and dyeing and textile industries.
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