The historical rank and industry rank for Ningbo Water Meter (Group) Co's Dividend Yield % or its related term are showing as below:
SHSE:603700'
s Dividend Yield % Range Over the Past 10 Years
Min: 0.63 Med: 2.09 Max: 6.08
Current: 3.17
During the past 11 years, the highest Dividend Yield of Ningbo Water Meter (Group) Co was 6.08%. The lowest was 0.63%. And the median was 2.09%.
SHSE:603700's Dividend Yield % is ranked better than 75.04% of 1899
companies
in the Industrial Products industry
Industry Median: 1.88
vs SHSE:603700: 3.17
During the past 12 months, Ningbo Water Meter (Group) Co's average Dividends Per Share Growth Rate was -62.50% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 9.10% per year.
During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of Ningbo Water Meter (Group) Co was 27.60% per year. The lowest was 9.10% per year. And the median was 18.35% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Ningbo Water Meter (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.
Ningbo Water Meter (Group) Co Dividend Yield % Chart
Competitive Comparison of Ningbo Water Meter (Group) Co's Dividend Yield %
For the Electrical Equipment & Parts subindustry, Ningbo Water Meter (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.
Ningbo Water Meter (Group) Co's Dividend Yield % Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Ningbo Water Meter (Group) Co's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Ningbo Water Meter (Group) Co's Dividend Yield % falls into.
Ningbo Water Meter (Group) Co Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Ningbo Water Meter (Group) Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CNY 0.300000
2023-06-26
2023-06-21
2023-06-26
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.
Ningbo Water Meter (Group) Co (SHSE:603700) 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.
Ningbo Water Meter (Group) Co Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Ningbo Water Meter (Group) Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Ningbo Water Meter (Group) Co (SHSE:603700) Business Description
Ningbo Water Meter (Group) Co Ltd is engaged in manufacturing water meters. The product portfolio includes liquid sealed water meters, volumetric rotary piston water meter, manual batch control water meter, multi-jet dry type water meter and others.
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