SHSE:603060's Dividend Yield % is ranked worse than 74.79% of 587
companies
in the Business Services industry
Industry Median: 2.89
vs SHSE:603060: 1.61
During the past 12 months, China Testing & Certification International Group Co's average Dividends Per Share Growth Rate was 6.10% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -1.30% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 10.00% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of China Testing & Certification International Group Co was 32.20% per year. The lowest was -1.30% per year. And the median was 10.80% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
China Testing & Certification International Group Co 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 Testing & Certification International Group Co Dividend Yield % Chart
China Testing & Certification International Group Co Annual Data
* 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 Testing & Certification International Group Co's Dividend Yield % Distribution in the Business Services Industry
* The bar in red indicates where China Testing & Certification International Group Co's Dividend Yield % falls into.
China Testing & Certification International Group Co Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
China Testing & Certification International Group Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CNY 0.122000
2023-06-21
2023-06-20
2023-06-21
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 Testing & Certification International Group Co (SHSE:603060) 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 Testing & Certification International Group Co Dividend Yield % Related Terms
Thank you for viewing the detailed overview of China Testing & Certification International Group Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
China Testing & Certification International Group Co (SHSE:603060) Business Description
China Building Material Test & Certification Group Co Ltd provides third-party inspection and certification services in the fields of building materials and construction engineering. Its service offering comprises certification, safety and instrument development services as well as extended services such as energy-saving emission reduction technology services, standardization services, personnel training and occupational skill identification. The company primarily serve the building materials and construction engineering enterprises, solar photovoltaic product production and application enterprises, carbon emission trading units, product quality and technical supervision departments, industrial and commercial management departments and safety production supervision departments.
China Testing & Certification International Group Co (SHSE:603060) Headlines
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