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Hunan New Welllink Advanced Metallic Material Co (BJSE:871634) Dividend Yield % : 3.10% (As of Jun. 15, 2024)


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What is Hunan New Welllink Advanced Metallic Material Co Dividend Yield %?

As of today (2024-06-15), the Trailing Annual Dividend Yield of Hunan New Welllink Advanced Metallic Material Co is 3.10%.

The historical rank and industry rank for Hunan New Welllink Advanced Metallic Material Co's Dividend Yield % or its related term are showing as below:

BJSE:871634' s Dividend Yield % Range Over the Past 10 Years
Min: 1.88   Med: 2.92   Max: 4.23
Current: 3.1

During the past 10 years, the highest Dividend Yield of Hunan New Welllink Advanced Metallic Material Co was 4.23%. The lowest was 1.88%. And the median was 2.92%.

BJSE:871634's Dividend Yield % is ranked better than
70.47% of 1077 companies
in the Chemicals industry
Industry Median: 1.92 vs BJSE:871634: 3.10

Hunan New Welllink Advanced Metallic Material Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Hunan New Welllink Advanced Metallic Material Co Ltd is 0.84, which seems too high.

During the past 10 years, the highest Dividend Payout Ratio of Hunan New Welllink Advanced Metallic Material Co was 0.85. The lowest was 0.84. And the median was 0.85.

As of today (2024-06-15), the Forward Dividend Yield % of Hunan New Welllink Advanced Metallic Material Co is 0.00%.

Hunan New Welllink Advanced Metallic Material Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

The growth rate is calculated with least square regression.

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


Hunan New Welllink Advanced Metallic Material Co Dividend Yield % Historical Data

The historical data trend for Hunan New Welllink Advanced Metallic Material Co's Dividend Yield % can be seen below:

* 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.

* Premium members only.

Hunan New Welllink Advanced Metallic Material Co Dividend Yield % Chart

Hunan New Welllink Advanced Metallic Material Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 2.27

Hunan New Welllink Advanced Metallic Material Co Quarterly Data
Jun18 Dec18 Jun19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 41.67 2.27 2.46

Competitive Comparison of Hunan New Welllink Advanced Metallic Material Co's Dividend Yield %

For the Specialty Chemicals subindustry, Hunan New Welllink Advanced Metallic Material Co's Dividend Yield %, along with its competitors' market caps and 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.


Hunan New Welllink Advanced Metallic Material Co's Dividend Yield % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hunan New Welllink Advanced Metallic Material Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Hunan New Welllink Advanced Metallic Material Co's Dividend Yield % falls into.



Hunan New Welllink Advanced Metallic Material Co Dividend Yield % Calculation

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


Hunan New Welllink Advanced Metallic Material Co  (BJSE:871634) 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.


Hunan New Welllink Advanced Metallic Material Co Dividend Yield % Related Terms

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Hunan New Welllink Advanced Metallic Material Co (BJSE:871634) Business Description

Traded in Other Exchanges
N/A
Address
No. 199 Lulong Road, No. 905, Building A, Lugu Coordinates, Lugu High-tech Development Zone, Hunan Province, Changsha City, CHN, 410205
Hunan New Welllink Advanced Metallic Material Co Ltd engages in research and development, production, and sales of zinc metals such as spherical zinc powder, flake zinc powder, and irregular zinc powder.

Hunan New Welllink Advanced Metallic Material Co (BJSE:871634) Headlines

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