Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co (HKSE:01379) Dividend Yield % : 9.94% (As of May. 12, 2024)

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What is Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Dividend Yield %?

As of today (2024-05-12), the Trailing Annual Dividend Yield of Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co is 9.94%.

Warning Sign:

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Ltd stock dividend yield is close to 2-year low.

The historical rank and industry rank for Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's Dividend Yield % or its related term are showing as below:

HKSE:01379' s Dividend Yield % Range Over the Past 10 Years
Min: 9.35 Med: 10.93 Max: 18
Current: 9.94

During the past 9 years, the highest Dividend Yield of Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co was 18.00%. The lowest was 9.35%. And the median was 10.93%.

HKSE:01379's Dividend Yield % is ranked better than
92.04% of 892 companies
in the Real Estate industry
Industry Median: 3.385 vs HKSE:01379: 9.94

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.00.

During the past 9 years, the highest Dividend Payout Ratio of Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co was 0.60. The lowest was 0.45. And the median was 0.53.

As of today (2024-05-12), the Forward Dividend Yield % of Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co is 10.93%.

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's Dividends per Share for the six months ended in Dec. 2023 was HK$0.00.

During the past 12 months, Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's average Dividends Per Share Growth Rate was -37.80% per year.

The growth rate is calculated with least square regression.

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

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Dividend Yield % Historical Data

The historical data trend for Wenling Zhejiang Measuring And Cutting Tools Trading Centre 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.

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Dividend Yield % Chart

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Yield %

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9.85

10.90

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Semi-Annual Data
	Dec15	Dec16	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Yield %	Get a 7-Day Free Trial								-	9.93	9.85	7.08	10.90

Competitive Comparison of Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's Dividend Yield %

For the Real Estate Services subindustry, Wenling Zhejiang Measuring And Cutting Tools Trading Centre 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.

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's Dividend Yield % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's Dividend Yield % falls into.

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Dividend Yield % Calculation

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

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co (HKSE:01379) 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.

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Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Dividend Yield % Related Terms

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Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co (HKSE:01379) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Ltd (HKSE:01379) » Definitions » Dividend Yield %

Comparable Companies

Traded in Other Exchanges

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Address

Qianyangxia Village, Wenqiao Town, Zhejiang Province, Wenling, CHN

Website

https://www.cnglj.com

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Ltd is engaged in an established measuring and cutting tools trading centre operator in China. The principal activity and source of revenue of the group were primarily derived from the property leasing business through the operation of the Trading Centre for the measuring and cutting tools industry. The group also engages in real estate investment, development and management business through its material subsidiary, Wenling Sunrise Real Estate Development Co., Ltd.

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