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China New Higher Education Group (FRA:8CN) Dividend Yield % : 6.57% (As of Jun. 20, 2024)


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What is China New Higher Education Group Dividend Yield %?

As of today (2024-06-20), the Trailing Annual Dividend Yield of China New Higher Education Group is 6.57%.

Warning Sign:

China New Higher Education Group Ltd stock dividend yield is close to 1-year low.

The historical rank and industry rank for China New Higher Education Group's Dividend Yield % or its related term are showing as below:

FRA:8CN' s Dividend Yield % Range Over the Past 10 Years
Min: 0.31   Med: 2.14   Max: 12.06
Current: 6.57

During the past 10 years, the highest Dividend Yield of China New Higher Education Group was 12.06%. The lowest was 0.31%. And the median was 2.14%.

FRA:8CN's Dividend Yield % is ranked better than
85.96% of 114 companies
in the Education industry
Industry Median: 3.485 vs FRA:8CN: 6.57

China New Higher Education Group's Dividend Payout Ratio for the six months ended in Feb. 2024 was 0.00.

During the past 10 years, the highest Dividend Payout Ratio of China New Higher Education Group was 0.52. The lowest was 0.12. And the median was 0.30.

As of today (2024-06-20), the Forward Dividend Yield % of China New Higher Education Group is 11.53%.

China New Higher Education Group's Dividends per Share for the six months ended in Feb. 2024 was €0.00.

During the past 12 months, China New Higher Education Group's average Dividends Per Share Growth Rate was -41.10% per year.

During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of China New Higher Education Group was 53.00% per year. The lowest was 23.50% per year. And the median was 38.25% per year.

The growth rate is calculated with least square regression.

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


China New Higher Education Group Dividend Yield % Historical Data

The historical data trend for China New Higher Education Group'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.

China New Higher Education Group Dividend Yield % Chart

China New Higher Education Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Aug20 Aug21 Aug22 Aug23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.25 - 2.77 8.38 4.18

China New Higher Education Group Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 2.19 8.38 7.68 4.18 10.27

Competitive Comparison of China New Higher Education Group's Dividend Yield %

For the Education & Training Services subindustry, China New Higher Education Group'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.


China New Higher Education Group's Dividend Yield % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, China New Higher Education Group's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where China New Higher Education Group's Dividend Yield % falls into.



China New Higher Education Group Dividend Yield % Calculation

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

China New Higher Education Group Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
HKD 0.1357702023-09-042023-09-052023-09-22Cash Dividendsemi-annuallyHKD:EUR 0.119669

* 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.

China New Higher Education Group's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.01624746013/0.252
=6.45 %

Current Share Price is €0.252.
China New Higher Education Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is €0.01624746013.

China New Higher Education Group's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.03249492026/0.252
=12.89 %

Current Share Price is €0.252.
China New Higher Education Group's Dividends per Share for the forward twelve months is calculated as €0.01624746013 * 2 = €0.03249492026.

* 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.


China New Higher Education Group  (FRA:8CN) 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.


China New Higher Education Group Dividend Yield % Related Terms

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China New Higher Education Group (FRA:8CN) Business Description

Traded in Other Exchanges
Address
5A Shuguang Xili Street, 20th floor, Tower F, Phoenix Place, Chaoyang District, Beijing, CHN
China New Higher Education Group, or CNHE, is a leading higher education group in China. Its school network spans seven provinces. Total enrolled students reached about 140,000 for the academic year 2023/24 from 33,462 students as of December 2016. The rapid expansion is primarily attributable to school acquisitions. CNHE currently operates eight schools, up from only two schools in 2016.

China New Higher Education Group (FRA:8CN) Headlines

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