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Ningbo Construction Co (SHSE:601789) Dividend Yield % : 2.63% (As of Jun. 10, 2024)


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What is Ningbo Construction Co Dividend Yield %?

As of today (2024-06-10), the Trailing Annual Dividend Yield of Ningbo Construction Co is 2.63%.

Good Sign:

Ningbo Construction Co Ltd stock dividend yield is close to 1-year high.

The historical rank and industry rank for Ningbo Construction Co's Dividend Yield % or its related term are showing as below:

SHSE:601789' s Dividend Yield % Range Over the Past 10 Years
Min: 0.64   Med: 1.73   Max: 2.94
Current: 2.63

During the past 13 years, the highest Dividend Yield of Ningbo Construction Co was 2.94%. The lowest was 0.64%. And the median was 1.73%.

SHSE:601789's Dividend Yield % is ranked worse than
54.62% of 985 companies
in the Construction industry
Industry Median: 2.88 vs SHSE:601789: 2.63

Ningbo Construction Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Ningbo Construction Co was 0.56. The lowest was 0.23. And the median was 0.40.

As of today (2024-06-10), the Forward Dividend Yield % of Ningbo Construction Co is 2.63%.

Ningbo Construction Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Ningbo Construction Co's average Dividends Per Share Growth Rate was -16.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 10.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ningbo Construction Co was 19.70% per year. The lowest was -2.30% per year. And the median was 6.30% per year.

The growth rate is calculated with least square regression.

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


Ningbo Construction Co Dividend Yield % Historical Data

The historical data trend for Ningbo Construction 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.

Ningbo Construction Co Dividend Yield % Chart

Ningbo Construction 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 1.84 2.51 2.68 2.80 2.42

Ningbo Construction Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.23 2.11 2.28 2.42 2.39

Competitive Comparison of Ningbo Construction Co's Dividend Yield %

For the Engineering & Construction subindustry, Ningbo Construction 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.


Ningbo Construction Co's Dividend Yield % Distribution in the Construction Industry

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

* The bar in red indicates where Ningbo Construction Co's Dividend Yield % falls into.



Ningbo Construction Co Dividend Yield % Calculation

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

Ningbo Construction Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.1000002023-06-302023-06-292023-06-30Cash 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.

Ningbo Construction Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.1/3.80
=2.63 %

Current Share Price is ¥3.80.
Ningbo Construction Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.1.

Ningbo Construction Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.1/3.80
=2.63 %

Current Share Price is ¥3.80.
Ningbo Construction Co's Dividends per Share for the forward twelve months is calculated as ¥0.1 * 1 = ¥0.1.

* 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.


Ningbo Construction Co  (SHSE:601789) 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.


Ningbo Construction Co Dividend Yield % Related Terms

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


Ningbo Construction Co (SHSE:601789) Business Description

Traded in Other Exchanges
N/A
Address
No.538, Ningtong Road, Yinzhou District, Ningbo, CHN, 315040
Ningbo Construction Co Ltd is a China-based construction company. It is engaged in the housing construction and general construction business. In addition, the company is also involved in the operation of civil engineering, engineering design, municipal garden, equipment installation and equipment leasing. Its business scope covers engineering survey, architectural design, housing construction and municipal general contracting, rail transit, mechanical and electrical equipment installation, decoration and decoration, steel structure, commercial concrete and prefabricated components. The business segments of the company are the Survey and design section, General contracting sector, and Industrial building sector.
Executives
Chen Xian Hua Director
Pan Xin Qiang Director
Chen Jian Guo Director
Li Zhang Chun senior management
Weng Hai Yong Director
Lu Xiang Kang Supervisors
Yu Wu Zheng Supervisors
Chen Bao Kang senior management
Wang Shan Bo Director
Meng Wen Hua Director
Xu Wen Wei Director
Huang Huan Jun senior management
Zhou Gang Xiang Supervisors
Li Shui Ming senior management

Ningbo Construction Co (SHSE:601789) Headlines

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