GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jiangsu Hongde Special Parts Co Ltd (SZSE:301163) » Definitions » Forward Dividend Yield %

Jiangsu Hongde Special Parts Co (SZSE:301163) Forward Dividend Yield % : 1.02% (As of Dec. 11, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Jiangsu Hongde Special Parts Co Forward Dividend Yield %?

As of today (2024-12-11), the Forward Annual Dividend Yield of Jiangsu Hongde Special Parts Co is 1.02%.

As of today (2024-12-11), the Trailing Annual Dividend Yield of Jiangsu Hongde Special Parts Co is 1.02%.

SZSE:301163's Forward Dividend Yield % is ranked worse than
68.66% of 1943 companies
in the Industrial Products industry
Industry Median: 1.75 vs SZSE:301163: 1.02

Jiangsu Hongde Special Parts Co's Dividends per Share for the three months ended in Sep. 2024 was ¥0.00.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Jiangsu Hongde Special Parts Co's Forward Dividend Yield %

For the Metal Fabrication subindustry, Jiangsu Hongde Special Parts 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.


Jiangsu Hongde Special Parts Co's Forward Dividend Yield % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jiangsu Hongde Special Parts Co's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Jiangsu Hongde Special Parts Co's Forward Dividend Yield % falls into.



Jiangsu Hongde Special Parts Co Forward Dividend Yield % Calculation

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

Jiangsu Hongde Special Parts Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.2500002024-06-132024-06-122024-06-13Cash 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.

Jiangsu Hongde Special Parts Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.25/24.62
=1.02 %

Current Share Price is ¥24.62.
Jiangsu Hongde Special Parts Co's Dividends per Share for the forward twelve months is calculated as ¥0.25 * 1 = ¥0.25.

Jiangsu Hongde Special Parts Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.25/24.62
=1.02 %

Current Share Price is ¥24.62.
Jiangsu Hongde Special Parts Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.25.

* 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.


Jiangsu Hongde Special Parts Co  (SZSE:301163) 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.


Jiangsu Hongde Special Parts Co Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Jiangsu Hongde Special Parts Co's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Jiangsu Hongde Special Parts Co Business Description

Traded in Other Exchanges
N/A
Address
Group 4, Qiqiao Village, Xingren Town, Tongzhou District, Jiangsu Province, Nantong, CHN, 226352
Jiangsu Hongde Special Parts Co Ltd develops and produces cast iron products and cast aluminum products. The company mainly produces key castings for wind power, pumps and valves, key parts of medical equipment CT machines and other castings and machining and other varieties.
Executives
Chen Li Xin Supervisors

Jiangsu Hongde Special Parts Co Headlines

No Headlines