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Cango (CANG) Dividend Yield % : 0.00% (As of Apr. 27, 2024)


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What is Cango Dividend Yield %?

As of today (2024-04-27), the Trailing Annual Dividend Yield of Cango is 0.00%.

The historical rank and industry rank for Cango's Dividend Yield % or its related term are showing as below:

CANG's Dividend Yield % is not ranked *
in the Vehicles & Parts industry.
Industry Median: 2.24
* Ranked among companies with meaningful Dividend Yield % only.

Cango's Dividend Payout Ratio for the three months ended in Sep. 2023 was 0.00.

As of today (2024-04-27), the Forward Dividend Yield % of Cango is 0.00%.

Cango's Dividends per Share for the three months ended in Sep. 2023 was $0.00.

The growth rate is calculated with least square regression.

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


Cango Dividend Yield % Historical Data

The historical data trend for Cango'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.

Cango Dividend Yield % Chart

Cango Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Dividend Yield %
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Cango Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Cango's Dividend Yield %

For the Auto & Truck Dealerships subindustry, Cango'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.


Cango's Dividend Yield % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Cango's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Cango's Dividend Yield % falls into.



Cango Dividend Yield % Calculation

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


Cango  (NYSE:CANG) 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.


Cango Dividend Yield % Related Terms

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Cango (CANG) Business Description

Traded in Other Exchanges
Address
556 West Haiyang Road, 8th Floor, New Bund Oriental Plaza II, Pudong New Area, Shanghai, CHN, 200124
Cango Inc is an automotive transaction service platform in China connecting dealers, financial institutions, car buyers, and other industry participants. The services mainly consist of - automotive financing facilitation, automotive transaction facilitation, and aftermarket service facilitation. Geographically, it derives revenue from China.

Cango (CANG) Headlines