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Shenzhen MinDe Electronics Technology (SZSE:300656) Forward Dividend Yield % : 0.16% (As of Jun. 25, 2024)


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What is Shenzhen MinDe Electronics Technology Forward Dividend Yield %?

As of today (2024-06-25), the Forward Annual Dividend Yield of Shenzhen MinDe Electronics Technology is 0.16%.

As of today (2024-06-25), the Trailing Annual Dividend Yield of Shenzhen MinDe Electronics Technology is 0.16%.

SZSE:300656's Forward Dividend Yield % is ranked worse than
98.83% of 598 companies
in the Business Services industry
Industry Median: 3.2 vs SZSE:300656: 0.16

Shenzhen MinDe Electronics Technology's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Shenzhen MinDe Electronics Technology's average Dividends Per Share Growth Rate was 9.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 16.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.90% per year.

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of Shenzhen MinDe Electronics Technology was 16.70% per year. The lowest was -3.20% per year. And the median was 2.30% 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 Shenzhen MinDe Electronics Technology's Forward Dividend Yield %

For the Security & Protection Services subindustry, Shenzhen MinDe Electronics 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.


Shenzhen MinDe Electronics Technology's Forward Dividend Yield % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Shenzhen MinDe Electronics Technology's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Shenzhen MinDe Electronics Technology's Forward Dividend Yield % falls into.



Shenzhen MinDe Electronics Technology Forward Dividend Yield % Calculation

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

Shenzhen MinDe Electronics Technology Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.0300002024-05-312024-05-302024-05-31Cash 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.

Shenzhen MinDe Electronics Technology's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.03/19.00
=0.16 %

Current Share Price is ¥19.00.
Shenzhen MinDe Electronics Technology's Dividends per Share for the forward twelve months is calculated as ¥0.03 * 1 = ¥0.03.

Shenzhen MinDe Electronics Technology's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.03/19.00
=0.16 %

Current Share Price is ¥19.00.
Shenzhen MinDe Electronics Technology's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.03.

* 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.


Shenzhen MinDe Electronics Technology  (SZSE:300656) 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.


Shenzhen MinDe Electronics Technology Forward Dividend Yield % Related Terms

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Shenzhen MinDe Electronics Technology (SZSE:300656) Business Description

Traded in Other Exchanges
N/A
Address
No.5, Kezhi Xi Road, 5th Floor, Section 1, 25th Block, Keji Yuan, Nanshan District, Shenzhen, CHN, 518057
Shenzhen MinDe Electronics Technology Ltd is a Chinese company engaged in designing, developing and manufacturing barcode scan instruments. Its products include handheld barcode scanners, cordless barcode scanners, scan engines, image platform, and lightweight data terminal, among others. The application domains are manufacturing, retailing, postage, logistic and medical services. It has customers in China and in various other countries.
Executives
Huang Xiao Dong Directors, executives
Gao Jian Directors, executives
Luo Yuan Xiong Supervisors
Zou Shan Feng Director
Fan Zhang Zheng Directors, executives
Yi Yang Qing Directors, executives
Bai Nan Supervisors
Chen Guo Bing Securities Affairs Representative
Xu Wen Huan Directors, executives

Shenzhen MinDe Electronics Technology (SZSE:300656) Headlines

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