As of today (2024-04-26), the Trailing Annual Dividend Yield of IT Tech Packaging is 0.00%.
The historical rank and industry rank for IT Tech Packaging's Dividend Yield % or its related term are showing as below:
During the past 13 years, the highest Dividend Yield of IT Tech Packaging was 2.48%. The lowest was 0.22%. And the median was 0.76%.
ITP's Dividend Yield % is not ranked *
in the Forest Products industry.
Industry Median: 2.46 * Ranked among companies with meaningful Dividend Yield % only.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
IT Tech Packaging Dividend Yield % Historical Data
The historical data trend for IT Tech Packaging'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.
Competitive Comparison of IT Tech Packaging's Dividend Yield %
For the Paper & Paper Products subindustry, IT Tech Packaging'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.
IT Tech Packaging's Dividend Yield % Distribution in the Forest Products Industry
For the Forest Products industry and Basic Materials sector, IT Tech Packaging's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where IT Tech Packaging's Dividend Yield % falls into.
IT Tech Packaging Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
IT Tech Packaging (AMEX:ITP) 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.
Thank you for viewing the detailed overview of IT Tech Packaging's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
IT Tech Packaging (IT Tech Packaging) Business Description
IT Tech Packaging Inc is a holding company engaged in the business of paper manufacturing in China. The company operates as a producer and distributor of paper products. It involves in production and distribution of three categories of paper products: packing paper (corrugating medium paper), offset printing paper, and tissue paper products. It also produces digital photo paper. Its business is structured into two segments Dongfang Paper and Tengsheng Paper which produces offset printing paper and corrugating medium paper, tissue paper and Baoding Shengde which produces face masks and digital photo paper.
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