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Zhejiang Rongtai Electric Material Co (SHSE:603119) Dividend Yield % : 0.35% (As of Mar. 23, 2025)


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What is Zhejiang Rongtai Electric Material Co Dividend Yield %?

As of today (2025-03-23), the Trailing Annual Dividend Yield of Zhejiang Rongtai Electric Material Co is 0.35%.

The historical rank and industry rank for Zhejiang Rongtai Electric Material Co's Dividend Yield % or its related term are showing as below:

SHSE:603119' s Dividend Yield % Range Over the Past 10 Years
Min: 0.18   Med: 0.23   Max: 1.34
Current: 0.35

During the past 5 years, the highest Dividend Yield of Zhejiang Rongtai Electric Material Co was 1.34%. The lowest was 0.18%. And the median was 0.23%.

SHSE:603119's Dividend Yield % is ranked worse than
90.7% of 1334 companies
in the Hardware industry
Industry Median: 1.99 vs SHSE:603119: 0.35

Zhejiang Rongtai Electric Material Co's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.00.

During the past 5 years, the highest Dividend Payout Ratio of Zhejiang Rongtai Electric Material Co was 0.21. The lowest was 0.08. And the median was 0.08.

As of today (2025-03-23), the Forward Dividend Yield % of Zhejiang Rongtai Electric Material Co is 0.45%.

Zhejiang Rongtai Electric Material Co's Dividends per Share for the three months ended in Sep. 2024 was ¥0.00.

During the past 12 months, Zhejiang Rongtai Electric Material Co's average Dividends Per Share Growth Rate was 268.40% 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.


Zhejiang Rongtai Electric Material Co Dividend Yield % Historical Data

The historical data trend for Zhejiang Rongtai Electric Material 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.

Zhejiang Rongtai Electric Material Co Dividend Yield % Chart

Zhejiang Rongtai Electric Material Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
- - - - 0.21

Zhejiang Rongtai Electric Material Co Quarterly Data
Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 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 0.21 0.21 0.20 1.01 0.84

Competitive Comparison of Zhejiang Rongtai Electric Material Co's Dividend Yield %

For the Electronic Components subindustry, Zhejiang Rongtai Electric Material 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.


Zhejiang Rongtai Electric Material Co's Dividend Yield % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Zhejiang Rongtai Electric Material Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Zhejiang Rongtai Electric Material Co's Dividend Yield % falls into.



Zhejiang Rongtai Electric Material Co Dividend Yield % Calculation

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

Zhejiang Rongtai Electric Material Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.1400002024-06-182024-06-172024-06-18Cash Dividendsemi-annuallyCNY: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.

Zhejiang Rongtai Electric Material Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.14/39.92
=0.35 %

Current Share Price is ¥39.92.
Zhejiang Rongtai Electric Material Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.14.

Zhejiang Rongtai Electric Material Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.28/39.92
=0.70 %

Current Share Price is ¥39.92.
Zhejiang Rongtai Electric Material Co's Dividends per Share for the forward twelve months is calculated as ¥0.14 * 2 = ¥0.28.

* 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.


Zhejiang Rongtai Electric Material Co  (SHSE:603119) 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.


Zhejiang Rongtai Electric Material Co Dividend Yield % Related Terms

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Zhejiang Rongtai Electric Material Co Business Description

Traded in Other Exchanges
N/A
Address
No. 308, Zhongxing Road, Fengqiao Town, Nanhu, Zhejiang, Jiaxing, CHN, 314007
Zhejiang Rongtai Electric Material Co Ltd is a high-tech enterprise specializing in the research, development, production, and sales of new composite materials of high temperature resistant insulating mica with multiple plants in Zhejiang and Hunan, and is one of the global market leaders in mica products. Its main products include mica rigid materials, flexible materials, heat generating components, thermal management mica safety components and various mica derivative products. its mica products are widely used in new energy vehicles, rail transportation, aerospace and military ships, special wires and cables, intelligent household appliances and other related industrial fields, and provide customers with professional one-stop system solutions for electrical and thermal insulation.
Executives
Zheng Min Min Director
Ge Tai Rong Director
Cao Mei Sheng Director
Jing Fei Director

Zhejiang Rongtai Electric Material Co Headlines

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