SHSE:603607'
s Dividend Yield % Range Over the Past 10 Years
Min: 1.03 Med: 1.81 Max: 6.32
Current: 6.07
During the past 11 years, the highest Dividend Yield of Zhejiang Jinghua Laser Technology Co was 6.32%. The lowest was 1.03%. And the median was 1.81%.
SHSE:603607's Dividend Yield % is ranked better than 89.64% of 251
companies
in the Packaging & Containers industry
Industry Median: 2.61
vs SHSE:603607: 6.07
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Zhejiang Jinghua Laser Technology Co Ltd is 1.04, which seems too high.
During the past 11 years, the highest Dividend Payout Ratio of Zhejiang Jinghua Laser Technology Co was 1.11. The lowest was 0.40. And the median was 0.51.
During the past 3 years, the average Dividends Per Share Growth Rate was 18.60% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 21.60% per year.
During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of Zhejiang Jinghua Laser Technology Co was 32.70% per year. The lowest was 7.00% per year. And the median was 18.60% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Zhejiang Jinghua Laser Technology 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.
Zhejiang Jinghua Laser Technology Co Dividend Yield % Chart
For the Packaging & Containers subindustry, Zhejiang Jinghua Laser Technology 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 Jinghua Laser Technology Co's Dividend Yield % Distribution in the Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Zhejiang Jinghua Laser Technology Co's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Zhejiang Jinghua Laser Technology Co's Dividend Yield % falls into.
Zhejiang Jinghua Laser Technology Co Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Zhejiang Jinghua Laser Technology Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CNY 0.300000
2024-06-07
2024-06-06
2024-06-07
Cash Dividend
annually
CNY:CNY 1.000000
CNY 0.500000
2023-06-16
2023-06-15
2023-06-16
Cash Dividend
semi-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.
Zhejiang Jinghua Laser Technology Co (SHSE:603607) 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.
Zhejiang Jinghua Laser Technology Co Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Zhejiang Jinghua Laser Technology Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Zhejiang Jinghua Laser Technology Co (SHSE:603607) Business Description
Zhejiang Jinghua Laser Technology Co Ltd is a national high-tech enterprise specializing in the manufacture, sales and technology development of laser holographic molded products in China. Its products range include laser holographic anti-counterfeiting film and anti-counterfeiting paper. Its products are widely used in laser holographic anti-counterfeiting packaging in the fields of cigarettes, wine, cosmetics, and food.
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