The historical rank and industry rank for China Tourism Group Duty Free's Dividend Yield % or its related term are showing as below:
SHSE:601888'
s Dividend Yield % Range Over the Past 10 Years
Min: 0.19 Med: 0.85 Max: 4.51
Current: 2.31
During the past 13 years, the highest Dividend Yield of China Tourism Group Duty Free was 4.51%. The lowest was 0.19%. And the median was 0.85%.
SHSE:601888's Dividend Yield % is ranked worse than 54.18% of 574
companies
in the Retail - Cyclical industry
Industry Median: 2.48
vs SHSE:601888: 2.31
During the past 12 months, China Tourism Group Duty Free's average Dividends Per Share Growth Rate was 106.30% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 3.60% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 17.00% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 22.50% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of China Tourism Group Duty Free was 66.30% per year. The lowest was 3.60% per year. And the median was 30.65% 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.
China Tourism Group Duty Free 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.
China Tourism Group Duty Free Dividend Yield % Chart
Competitive Comparison of China Tourism Group Duty Free's Dividend Yield %
For the Specialty Retail subindustry, China Tourism Group Duty Free'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 Tourism Group Duty Free's Dividend Yield % Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, China Tourism Group Duty Free's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where China Tourism Group Duty Free's Dividend Yield % falls into.
China Tourism Group Duty Free Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
China Tourism Group Duty Free Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CNY 1.650000
2024-06-14
2024-06-13
2024-06-14
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.
China Tourism Group Duty Free (SHSE:601888) 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.
China Tourism Group Duty Free Dividend Yield % Related Terms
Thank you for viewing the detailed overview of China Tourism Group Duty Free's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
China Tourism Group Duty Free Business Description
Established in 1984, China Tourism Group Duty Free is China's largest and the world's second-largest travel retailer in 2023 with revenue of CNY 67.5 billion. The company primarily operates duty-free stores at airports, border crossings, offshore, downtown, and on flights, cruises and ships, with about 200 stores spanning over 30 provinces in China, as well as overseas. The company also operates a duty-paid business and its 2023 revenue mix comprised 66% duty-free sales and 34% duty-paid sales and others. CTG Duty Free is 50.3% owned by China Tourism Group, a state-owned enterprise that falls directly under the state-owned Asset Supervision and Administration Commission of the State Council.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SHSE:601888 has been successfully added to your 