Hangzhou Fortune Gas Cryogenic Group Co (SHSE:603173) Dividend Yield % : 2.10% (As of Sep. 24, 2024)

Hangzhou Fortune Gas Cryogenic Group Co Dividend Yield % Chart

Hangzhou Fortune Gas Cryogenic Group Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Dividend Yield %	Get a 7-Day Free Trial											0.48	0.51	0.62	0.72	1.70

Competitive Comparison of Hangzhou Fortune Gas Cryogenic Group Co's Dividend Yield %

For the Specialty Industrial Machinery subindustry, Hangzhou Fortune Gas Cryogenic Group 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.

Hangzhou Fortune Gas Cryogenic Group Co's Dividend Yield % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hangzhou Fortune Gas Cryogenic Group Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Hangzhou Fortune Gas Cryogenic Group Co's Dividend Yield % falls into.

Hangzhou Fortune Gas Cryogenic Group Co Dividend Yield % Calculation

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

Hangzhou Fortune Gas Cryogenic Group Co Recent Full-Year* Dividend History

* 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.

Hangzhou Fortune Gas Cryogenic Group Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Current Share Price is ¥17.71.
Hangzhou Fortune Gas Cryogenic Group Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.37.

Hangzhou Fortune Gas Cryogenic Group Co's Forward Annual Dividend Yield (%) for Today is calculated as

Current Share Price is ¥17.71.
Hangzhou Fortune Gas Cryogenic Group Co's Dividends per Share for the forward twelve months is calculated as ¥0.37 * 1 = ¥0.37.

* 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.

Hangzhou Fortune Gas Cryogenic Group Co  (SHSE:603173) 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.

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Hangzhou Fortune Gas Cryogenic Group Co Dividend Yield % Related Terms

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Hangzhou Fortune Gas Cryogenic Group Co Business Description