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Longjian Road & Bridge Co (SHSE:600853) Dividend Yield % : 0.94% (As of Apr. 27, 2024)


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What is Longjian Road & Bridge Co Dividend Yield %?

As of today (2024-04-27), the Trailing Annual Dividend Yield of Longjian Road & Bridge Co is 0.94%.

Good Sign:

Longjian Road & Bridge Co Ltd stock dividend yield is close to 1-year high.

The historical rank and industry rank for Longjian Road & Bridge Co's Dividend Yield % or its related term are showing as below:

SHSE:600853' s Dividend Yield % Range Over the Past 10 Years
Min: 0.08   Med: 0.38   Max: 1.87
Current: 0.94

During the past 13 years, the highest Dividend Yield of Longjian Road & Bridge Co was 1.87%. The lowest was 0.08%. And the median was 0.38%.

SHSE:600853's Dividend Yield % is ranked worse than
84.06% of 960 companies
in the Construction industry
Industry Median: 2.78 vs SHSE:600853: 0.94

Longjian Road & Bridge Co's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Longjian Road & Bridge Co was 0.32. The lowest was 0.05. And the median was 0.11.

As of today (2024-04-27), the Forward Dividend Yield % of Longjian Road & Bridge Co is 0.94%.

Longjian Road & Bridge Co's Dividends per Share for the three months ended in Dec. 2023 was ¥0.00.

During the past 3 years, the average Dividends Per Share Growth Rate was -7.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Longjian Road & Bridge Co was 58.70% per year. The lowest was -7.30% per year. And the median was 22.40% per year.

The growth rate is calculated with least square regression.

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


Longjian Road & Bridge Co Dividend Yield % Historical Data

The historical data trend for Longjian Road & Bridge 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.

Longjian Road & Bridge Co Dividend Yield % Chart

Longjian Road & Bridge 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 0.73 1.67 0.69 1.03 0.82

Longjian Road & Bridge Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.03 0.69 0.83 0.74 0.82

Competitive Comparison of Longjian Road & Bridge Co's Dividend Yield %

For the Engineering & Construction subindustry, Longjian Road & Bridge 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.


Longjian Road & Bridge Co's Dividend Yield % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Longjian Road & Bridge Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Longjian Road & Bridge Co's Dividend Yield % falls into.



Longjian Road & Bridge Co Dividend Yield % Calculation

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

Longjian Road & Bridge Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.0352023-07-132023-07-122023-07-13Cash 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.

Longjian Road & Bridge Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.035/3.79
=0.92 %

Current Share Price is ¥3.79.
Longjian Road & Bridge Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.035.

Longjian Road & Bridge Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.035/3.79
=0.92 %

Current Share Price is ¥3.79.
Longjian Road & Bridge Co's Dividends per Share for the forward twelve months is calculated as ¥0.035 * 1 = ¥0.035.

* 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.


Longjian Road & Bridge Co  (SHSE:600853) 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.


Longjian Road & Bridge Co Dividend Yield % Related Terms

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Longjian Road & Bridge Co (SHSE:600853) Business Description

Traded in Other Exchanges
N/A
Address
No. 368, Changjiang Road, Nangang District, Heilongjiang Province, Harbin, CHN, 150009
Longjian Road & Bridge Co Ltd is engaged in road and bridge construction. It is also involved in other businesses such as e-commerce platform for green and organic food, green energy resources, investment and trade, financial services, and others. The company's main business comprises of Road Engineering, Bridge Engineering, Municipal Engineering, Tunnel Engineering, Metro Engineering, Engineering Design, and Overseas Business. It provides its construction services to Bangladesh, Sudan, Kenya, Sri Lanka, India, Ethiopia, Surinam, Ghana, Uganda, Mongolia, and other countries.

Longjian Road & Bridge Co (SHSE:600853) Headlines

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