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Yangtze Optical Fibre and Cable Joint Stock Co (SHSE:601869) Dividend Yield % : 1.81% (As of Dec. 13, 2024)


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What is Yangtze Optical Fibre and Cable Joint Stock Co Dividend Yield %?

As of today (2024-12-13), the Trailing Annual Dividend Yield of Yangtze Optical Fibre and Cable Joint Stock Co is 1.81%.

Warning Sign:

Yangtze Optical Fibre and Cable Joint Stock Ltd Co stock dividend yield is close to 1-year low.

The historical rank and industry rank for Yangtze Optical Fibre and Cable Joint Stock Co's Dividend Yield % or its related term are showing as below:

SHSE:601869' s Dividend Yield % Range Over the Past 10 Years
Min: 1.81   Med: 5.53   Max: 7.4
Current: 1.81

During the past 11 years, the highest Dividend Yield of Yangtze Optical Fibre and Cable Joint Stock Co was 7.40%. The lowest was 1.81%. And the median was 5.53%.

SHSE:601869's Dividend Yield % is ranked better than
86.62% of 1353 companies
in the Hardware industry
Industry Median: 2.04 vs SHSE:601869: 1.81

Yangtze Optical Fibre and Cable Joint Stock Co's Dividend Payout Ratio for the three months ended in Jun. 2024 was 0.00.

During the past 11 years, the highest Dividend Payout Ratio of Yangtze Optical Fibre and Cable Joint Stock Co was 0.60. The lowest was 0.13. And the median was 0.23.

As of today (2024-12-13), the Forward Dividend Yield % of Yangtze Optical Fibre and Cable Joint Stock Co is 1.81%.

Yangtze Optical Fibre and Cable Joint Stock Co's Dividends per Share for the three months ended in Jun. 2024 was ¥0.00.

During the past 12 months, Yangtze Optical Fibre and Cable Joint Stock Co's average Dividends Per Share Growth Rate was -32.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -1.60% per year.

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of Yangtze Optical Fibre and Cable Joint Stock Co was 41.50% per year. The lowest was -22.40% per year. And the median was 9.15% 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.


Yangtze Optical Fibre and Cable Joint Stock Co Dividend Yield % Historical Data

The historical data trend for Yangtze Optical Fibre and Cable Joint Stock 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.

Yangtze Optical Fibre and Cable Joint Stock Co Dividend Yield % Chart

Yangtze Optical Fibre and Cable Joint Stock 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 2.27 1.18 0.66 0.86 1.68

Yangtze Optical Fibre and Cable Joint Stock Co Quarterly Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.37 1.68 1.57 1.90 1.90

Competitive Comparison of Yangtze Optical Fibre and Cable Joint Stock Co's Dividend Yield %

For the Communication Equipment subindustry, Yangtze Optical Fibre and Cable Joint Stock 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.


Yangtze Optical Fibre and Cable Joint Stock Co's Dividend Yield % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Yangtze Optical Fibre and Cable Joint Stock Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Yangtze Optical Fibre and Cable Joint Stock Co's Dividend Yield % falls into.



Yangtze Optical Fibre and Cable Joint Stock Co Dividend Yield % Calculation

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

Yangtze Optical Fibre and Cable Joint Stock Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.5140002024-08-162024-08-152024-08-16Cash 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.

Yangtze Optical Fibre and Cable Joint Stock Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.514/28.00
=1.84 %

Current Share Price is ¥28.00.
Yangtze Optical Fibre and Cable Joint Stock Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.514.

Yangtze Optical Fibre and Cable Joint Stock Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.514/28.00
=1.84 %

Current Share Price is ¥28.00.
Yangtze Optical Fibre and Cable Joint Stock Co's Dividends per Share for the forward twelve months is calculated as ¥0.514 * 1 = ¥0.514.

* 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.


Yangtze Optical Fibre and Cable Joint Stock Co  (SHSE:601869) 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.


Yangtze Optical Fibre and Cable Joint Stock Co Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Yangtze Optical Fibre and Cable Joint Stock Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Yangtze Optical Fibre and Cable Joint Stock Co Business Description

Traded in Other Exchanges
Address
No. 9 Guanggu Avenue, East Lake High-tech Development Zone, Hubei Province, Wuhan, CHN, 430073
Yangtze Optical Fibre and Cable Joint Stock Ltd Co is engaged in the Chinese communication equipment industry. It manufactures and sells optical fiber preforms, optical fibers with various standard specifications that are widely used in the telecommunications industry. It operates its business through three operating segments, optical fibers and optical fiber preforms; and Optical components and modules, optical fiber cables. The manufacture and sale of optical fiber cables provide the company with majority of its revenue. Its other products comprise of trunk cables, patch cords, plug-and-play modules, optical distribution frames, pigtails, adapter panels, splitters, and connecting cabinets.

Yangtze Optical Fibre and Cable Joint Stock Co Headlines

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