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China National Gold Group Gold Jewellery Co (SHSE:600916) Dividend Yield % : 2.84% (As of Apr. 26, 2024)


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What is China National Gold Group Gold Jewellery Co Dividend Yield %?

As of today (2024-04-26), the Trailing Annual Dividend Yield of China National Gold Group Gold Jewellery Co is 2.84%.

The historical rank and industry rank for China National Gold Group Gold Jewellery Co's Dividend Yield % or its related term are showing as below:

SHSE:600916' s Dividend Yield % Range Over the Past 10 Years
Min: 1.01   Med: 1.9   Max: 3.31
Current: 2.84

During the past 7 years, the highest Dividend Yield of China National Gold Group Gold Jewellery Co was 3.31%. The lowest was 1.01%. And the median was 1.90%.

SHSE:600916's Dividend Yield % is ranked better than
52.5% of 560 companies
in the Retail - Cyclical industry
Industry Median: 2.72 vs SHSE:600916: 2.84

China National Gold Group Gold Jewellery Co's Dividend Payout Ratio for the three months ended in Sep. 2023 was 0.00.

During the past 7 years, the highest Dividend Payout Ratio of China National Gold Group Gold Jewellery Co was 0.59. The lowest was 0.35. And the median was 0.47.

As of today (2024-04-26), the Forward Dividend Yield % of China National Gold Group Gold Jewellery Co is 2.84%.

China National Gold Group Gold Jewellery Co's Dividends per Share for the three months ended in Sep. 2023 was ¥0.00.

During the past 12 months, China National Gold Group Gold Jewellery Co's average Dividends Per Share Growth Rate was 25.00% per year.

The growth rate is calculated with least square regression.

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


China National Gold Group Gold Jewellery Co Dividend Yield % Historical Data

The historical data trend for China National Gold Group Gold Jewellery 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.

China National Gold Group Gold Jewellery Co Dividend Yield % Chart

China National Gold Group Gold Jewellery Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Dividend Yield %
Get a 7-Day Free Trial - - - 1.17 1.90

China National Gold Group Gold Jewellery Co Quarterly Data
Dec16 Dec17 Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 2.18 1.90 1.95 2.54 2.72

Competitive Comparison of China National Gold Group Gold Jewellery Co's Dividend Yield %

For the Luxury Goods subindustry, China National Gold Group Gold Jewellery 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.


China National Gold Group Gold Jewellery Co's Dividend Yield % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, China National Gold Group Gold Jewellery Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where China National Gold Group Gold Jewellery Co's Dividend Yield % falls into.



China National Gold Group Gold Jewellery Co Dividend Yield % Calculation

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

China National Gold Group Gold Jewellery Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.3002023-06-022023-06-012023-06-02Cash 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.

China National Gold Group Gold Jewellery Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.3/10.61
=2.83 %

Current Share Price is ¥10.61.
China National Gold Group Gold Jewellery Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.3.

China National Gold Group Gold Jewellery Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.3/10.61
=2.83 %

Current Share Price is ¥10.61.
China National Gold Group Gold Jewellery Co's Dividends per Share for the forward twelve months is calculated as ¥0.3 * 1 = ¥0.3.

* 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.


China National Gold Group Gold Jewellery Co  (SHSE:600916) 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.


China National Gold Group Gold Jewellery Co Dividend Yield % Related Terms

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China National Gold Group Gold Jewellery Co (SHSE:600916) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Jingyuan North Street, Room 305, Building 49, Economic and Technological Development Zone, Beijing, CHN, 100176
China National Gold Group Gold & Jewelery Co Ltd is a professional gold jewelry production and sales enterprise specializing in the operation of the China Gold brand.

China National Gold Group Gold Jewellery Co (SHSE:600916) Headlines

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