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Guangdong High Dream Intellectualized Machinery Co (SZSE:300720) Forward Dividend Yield % : 0.82% (As of May. 25, 2024)


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What is Guangdong High Dream Intellectualized Machinery Co Forward Dividend Yield %?

As of today (2024-05-25), the Forward Annual Dividend Yield of Guangdong High Dream Intellectualized Machinery Co is 0.82%.

As of today (2024-05-25), the Trailing Annual Dividend Yield of Guangdong High Dream Intellectualized Machinery Co is 0.82%.

SZSE:300720's Forward Dividend Yield % is ranked worse than
76.46% of 1844 companies
in the Industrial Products industry
Industry Median: 1.9 vs SZSE:300720: 0.82

Guangdong High Dream Intellectualized Machinery Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Guangdong High Dream Intellectualized Machinery Co's average Dividends Per Share Growth Rate was -25.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 17.70% per year.

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of Guangdong High Dream Intellectualized Machinery Co was 31.20% per year. The lowest was 10.60% per year. And the median was 21.70% 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 High Dream Intellectualized Machinery Co's Forward Dividend Yield %

For the Specialty Industrial Machinery subindustry, Guangdong High Dream Intellectualized Machinery 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 High Dream Intellectualized Machinery Co's Forward Dividend Yield % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Guangdong High Dream Intellectualized Machinery Co's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Guangdong High Dream Intellectualized Machinery Co's Forward Dividend Yield % falls into.



Guangdong High Dream Intellectualized Machinery Co Forward Dividend Yield % Calculation

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

Guangdong High Dream Intellectualized Machinery Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.1500002023-05-302023-05-292023-05-30Cash 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 High Dream Intellectualized Machinery Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.15/18.40
=0.82 %

Current Share Price is ¥18.40.
Guangdong High Dream Intellectualized Machinery Co's Dividends per Share for the forward twelve months is calculated as ¥0.15 * 1 = ¥0.15.

Guangdong High Dream Intellectualized Machinery Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.15/18.40
=0.82 %

Current Share Price is ¥18.40.
Guangdong High Dream Intellectualized Machinery Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.15.

* 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 High Dream Intellectualized Machinery Co  (SZSE:300720) 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 High Dream Intellectualized Machinery Co Forward Dividend Yield % Related Terms

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Guangdong High Dream Intellectualized Machinery Co (SZSE:300720) Business Description

Traded in Other Exchanges
N/A
Address
No.3, Longzhan Road, Huanglong Village Committee, Beijiao Town, Shunde District, Guangdong Province, Foshan, CHN, 528311
Guangdong High Dream Intellectualized Machinery Co Ltd manufactures and sells weighing machineries in China. The company's products include intelligent combination scales, metal detector, loss-in-weight feeders and ancillary equipment. Its products are used for the weighing in food, plastic and chemical industries, as well as for the dynamic measurement in feeding, batching and other processes.
Executives
Liang Jun Director
Zheng Yi Duan Directors, executives
Zheng Jian Yuan Supervisors

Guangdong High Dream Intellectualized Machinery Co (SZSE:300720) Headlines

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