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Shandong Huatai Paper Industry Shareholding Co (SHSE:600308) Dividend Yield % : 1.55% (As of Sep. 24, 2024)


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What is Shandong Huatai Paper Industry Shareholding Co Dividend Yield %?

As of today (2024-09-24), the Trailing Annual Dividend Yield of Shandong Huatai Paper Industry Shareholding Co is 1.55%.

Warning Sign:

Shandong Huatai Paper Industry Shareholding Co Ltd stock dividend yield is close to 5-year low.

The historical rank and industry rank for Shandong Huatai Paper Industry Shareholding Co's Dividend Yield % or its related term are showing as below:

SHSE:600308' s Dividend Yield % Range Over the Past 10 Years
Min: 0.24   Med: 2.91   Max: 6.75
Current: 1.55

During the past 13 years, the highest Dividend Yield of Shandong Huatai Paper Industry Shareholding Co was 6.75%. The lowest was 0.24%. And the median was 2.91%.

SHSE:600308's Dividend Yield % is ranked worse than
73.17% of 164 companies
in the Forest Products industry
Industry Median: 2.45 vs SHSE:600308: 1.55

Shandong Huatai Paper Industry Shareholding Co's Dividend Payout Ratio for the three months ended in Jun. 2024 was 0.75.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Shandong Huatai Paper Industry Shareholding Co Ltd is 0.87, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Shandong Huatai Paper Industry Shareholding Co was 0.87. The lowest was 0.09. And the median was 0.30.

As of today (2024-09-24), the Forward Dividend Yield % of Shandong Huatai Paper Industry Shareholding Co is 1.55%.

Shandong Huatai Paper Industry Shareholding Co's Dividends per Share for the three months ended in Jun. 2024 was ¥0.05.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Shandong Huatai Paper Industry Shareholding Co was 124.20% per year. The lowest was -56.70% per year. And the median was 15.70% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Shandong Huatai Paper Industry Shareholding Co Dividend Yield % Historical Data

The historical data trend for Shandong Huatai Paper Industry Shareholding 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.

Shandong Huatai Paper Industry Shareholding Co Dividend Yield % Chart

Shandong Huatai Paper Industry Shareholding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.03 3.38 2.89 4.21 -

Shandong Huatai Paper Industry Shareholding Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 Premium Member Only Premium Member Only 4.06 - - - 1.52

Competitive Comparison of Shandong Huatai Paper Industry Shareholding Co's Dividend Yield %

For the Paper & Paper Products subindustry, Shandong Huatai Paper Industry Shareholding 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.


Shandong Huatai Paper Industry Shareholding Co's Dividend Yield % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Shandong Huatai Paper Industry Shareholding Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Shandong Huatai Paper Industry Shareholding Co's Dividend Yield % falls into.



Shandong Huatai Paper Industry Shareholding Co Dividend Yield % Calculation

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

Shandong Huatai Paper Industry Shareholding Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.0478002024-06-272024-06-262024-06-27Cash DividendannuallyCNY:CNY 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.

Shandong Huatai Paper Industry Shareholding Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.0478/3.20
=1.49 %

Current Share Price is ¥3.20.
Shandong Huatai Paper Industry Shareholding Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.0478.

Shandong Huatai Paper Industry Shareholding Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.0478/3.20
=1.49 %

Current Share Price is ¥3.20.
Shandong Huatai Paper Industry Shareholding Co's Dividends per Share for the forward twelve months is calculated as ¥0.0478 * 1 = ¥0.0478.

* 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.


Shandong Huatai Paper Industry Shareholding Co  (SHSE:600308) 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.


Shandong Huatai Paper Industry Shareholding Co Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Shandong Huatai Paper Industry Shareholding Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Shandong Huatai Paper Industry Shareholding Co Business Description

Traded in Other Exchanges
N/A
Address
Dawang Town, Guangrao County, Shandong Province, Dongying, CHN, 257335
Shandong Huatai Paper Industry Shareholding Co Ltd is engaged in the manufacture and distribution of paper products and related chemical products. The groups main products are high-grade newspaper, high-grade coated paper, double adhesive tape, light adhesive tape, new textbook paper, super pressure More than 100 kinds of papers such as glossy paper, electrostatic copy paper and household paper, and more than 20 kinds of chemical products such as liquid chlorine, caustic soda and hydrogen peroxide. Geographically it operates through the region of China.
Executives
Sun Ya Jun senior management
Wei Wen Guang Director
Chi Yu Xiang senior management
Li Gang Director
Li Xiao Liang Director
Wei Li Jun Director
Xie Shi Bing Supervisors
Li Li Supervisors
Zhu Wan Liang Director
Zhang Feng Shan Supervisors
Ren Wen Tao Supervisors
Li Guo Shun Director
Chen Guo Ying senior management
Zhu Yan Ming Supervisors
Li Jian Hua Director

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