SHSE:600320'
s Dividend Yield % Range Over the Past 10 Years
Min: 0.93 Med: 1.48 Max: 2.41
Current: 1.14
During the past 13 years, the highest Dividend Yield of Shanghai Zhenhua Heavy Industries Co was 2.41%. The lowest was 0.93%. And the median was 1.48%.
SHSE:600320's Dividend Yield % is ranked worse than 65.72% of 1940
companies
in the Industrial Products industry
Industry Median: 1.775
vs SHSE:600320: 1.14
During the past 13 years, the highest Dividend Payout Ratio of Shanghai Zhenhua Heavy Industries Co was 1.83. The lowest was 0.27. And the median was 0.77.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Shanghai Zhenhua Heavy Industries Co was 105.90% per year. The lowest was -15.50% per year. And the median was 4.15% 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.
Shanghai Zhenhua Heavy Industries Co Dividend Yield % Historical Data
* 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.
Shanghai Zhenhua Heavy Industries Co Dividend Yield % Chart
Competitive Comparison of Shanghai Zhenhua Heavy Industries Co's Dividend Yield %
For the Specialty Industrial Machinery subindustry, Shanghai Zhenhua Heavy Industries 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.
Shanghai Zhenhua Heavy Industries Co's Dividend Yield % Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shanghai Zhenhua Heavy Industries Co's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Shanghai Zhenhua Heavy Industries Co's Dividend Yield % falls into.
Shanghai Zhenhua Heavy Industries Co Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Shanghai Zhenhua Heavy Industries Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CNY 0.050000
2024-08-01
2024-07-31
2024-08-01
Cash Dividend
annually
CNY: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.
* 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.
Shanghai Zhenhua Heavy Industries Co (SHSE:600320) 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.
Shanghai Zhenhua Heavy Industries Co Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Shanghai Zhenhua Heavy Industries Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Shanghai Zhenhua Heavy Industries Co Business Description
Shanghai Zhenhua Heavy Industries Co Ltd manufactures heavy equipment and offers product design and aftermarket services. It constructs large port loading systems and equipment, offshore heavy equipment, engineering machinery, ships, and other large structures. In addition, the company offers environment-friendly devices, including wind power, sea water desalination, sewage treatment, and recycling equipment. Research centers and technologies help meet customers' needs, and provide innovative solutions to enhance operational performance. Offices with regional parts are scattered across the globe to supply timely responses and support preventive maintenance. The majority of total revenue comes from Asia, but the company has diversified operations to several continents.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SHSE:600320 has been successfully added to your 