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Prosperous Industrial (Holdings) (HKSE:01731) Dividend Yield %

: 6.66% (As of Today)
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As of today (2024-04-23), the Trailing Annual Dividend Yield of Prosperous Industrial (Holdings) is 6.66%.

Good Sign:

Prosperous Industrial (Holdings) Ltd stock dividend yield is close to 5-year high.

The historical rank and industry rank for Prosperous Industrial (Holdings)'s Dividend Yield % or its related term are showing as below:

HKSE:01731' s Dividend Yield % Range Over the Past 10 Years
Min: 0.8   Med: 1.43   Max: 6.82
Current: 6.66

During the past 9 years, the highest Dividend Yield of Prosperous Industrial (Holdings) was 6.82%. The lowest was 0.80%. And the median was 1.43%.

HKSE:01731's Dividend Yield % is ranked better than
87.21% of 555 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.51 vs HKSE:01731: 6.66

Prosperous Industrial (Holdings)'s Dividend Payout Ratio for the six months ended in Jun. 2023 was 0.62.

During the past 9 years, the highest Dividend Payout Ratio of Prosperous Industrial (Holdings) was 0.41. The lowest was 0.14. And the median was 0.25.

As of today (2024-04-23), the Forward Dividend Yield % of Prosperous Industrial (Holdings) is 7.93%.

Prosperous Industrial (Holdings)'s Dividends per Share for the six months ended in Jun. 2023 was HK$0.04.

During the past 12 months, Prosperous Industrial (Holdings)'s average Dividends Per Share Growth Rate was 320.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -12.60% per year.

During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of Prosperous Industrial (Holdings) was -12.60% per year. The lowest was -12.60% per year. And the median was -12.60% per year.

The growth rate is calculated with least square regression.

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


Prosperous Industrial (Holdings) Dividend Yield % Historical Data

The historical data trend for Prosperous Industrial (Holdings)'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.

Prosperous Industrial (Holdings) Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.11 - 0.88 1.43 6.09

Prosperous Industrial (Holdings) Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Dividend Yield % 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 0.88 1.05 1.43 5.00 6.09

Competitive Comparison

For the Footwear & Accessories subindustry, Prosperous Industrial (Holdings)'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.


Prosperous Industrial (Holdings) Dividend Yield % Distribution

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Prosperous Industrial (Holdings)'s Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Prosperous Industrial (Holdings)'s Dividend Yield % falls into.



Prosperous Industrial (Holdings) Dividend Yield % Calculation

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

Prosperous Industrial (Holdings) Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
HKD 0.0422023-06-232023-06-272023-07-21Cash DividendannuallyHKD:HKD 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.

Prosperous Industrial (Holdings)'s Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.042/0.63
=6.67 %

Current Share Price is HK$0.63.
Prosperous Industrial (Holdings)'s Dividends per Share for the trailing twelve months (TTM) ended in Today is HK$0.042.

Prosperous Industrial (Holdings)'s Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.042/0.63
=6.67 %

Current Share Price is HK$0.63.
Prosperous Industrial (Holdings)'s Dividends per Share for the forward twelve months is calculated as HK$0.042 * 1 = HK$0.042.

* 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.


Prosperous Industrial (Holdings)  (HKSE:01731) 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.


Prosperous Industrial (Holdings) Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Prosperous Industrial (Holdings)'s Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Prosperous Industrial (Holdings) (HKSE:01731) Business Description

Traded in Other Exchanges
N/A
Address
71-75 Container Port Road, Unit 1-2, 1st Floor, Join-In Hang Sing Centre, Kwai Chung, New Territories, Hong Kong, HKG
Prosperous Industrial (Holdings) Ltd is an investment holding company principally engaged in the manufacturing and sale of sports bags, handbags and luggage bags. The company's products are categorized as outdoor and sporting bags including day packs and overnight backpacks, which are designed with larger volumes; functional bags such as camera backpacks with multiple pockets and waterproof hydration backpacks; fashion and casual bags, as well as other bags and packs. The company mainly operates its products to North America, Asia, and Europe market.

Prosperous Industrial (Holdings) (HKSE:01731) Headlines

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