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Suzhou Xingye Materials Technology Co (SHSE:603928) Dividend Yield % : 1.58% (As of Dec. 15, 2024)


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What is Suzhou Xingye Materials Technology Co Dividend Yield %?

As of today (2024-12-15), the Trailing Annual Dividend Yield of Suzhou Xingye Materials Technology Co is 1.58%.

Warning Sign:

Suzhou Xingye Materials Technology Co Ltd stock dividend yield is close to 2-year low.

The historical rank and industry rank for Suzhou Xingye Materials Technology Co's Dividend Yield % or its related term are showing as below:

SHSE:603928' s Dividend Yield % Range Over the Past 10 Years
Min: 0.92   Med: 1.61   Max: 9.62
Current: 1.58

During the past 13 years, the highest Dividend Yield of Suzhou Xingye Materials Technology Co was 9.62%. The lowest was 0.92%. And the median was 1.61%.

SHSE:603928's Dividend Yield % is ranked worse than
52.96% of 1063 companies
in the Chemicals industry
Industry Median: 1.72 vs SHSE:603928: 1.58

Suzhou Xingye Materials Technology Co's Dividend Payout Ratio for the three months ended in Sep. 2024 was 1.29.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Suzhou Xingye Materials Technology Co Ltd is 0.81, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Suzhou Xingye Materials Technology Co was 1.89. The lowest was 0.25. And the median was 0.34.

As of today (2024-12-15), the Forward Dividend Yield % of Suzhou Xingye Materials Technology Co is 1.58%.

Suzhou Xingye Materials Technology Co's Dividends per Share for the three months ended in Sep. 2024 was ¥0.04.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Suzhou Xingye Materials Technology Co was 65.70% per year. The lowest was -10.80% per year. And the median was 27.45% 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.


Suzhou Xingye Materials Technology Co Dividend Yield % Historical Data

The historical data trend for Suzhou Xingye Materials Technology 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.

Suzhou Xingye Materials Technology Co Dividend Yield % Chart

Suzhou Xingye Materials Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.79 1.76 1.22 9.43 -

Suzhou Xingye Materials Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 1.47 1.87

Competitive Comparison of Suzhou Xingye Materials Technology Co's Dividend Yield %

For the Specialty Chemicals subindustry, Suzhou Xingye Materials 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.


Suzhou Xingye Materials Technology Co's Dividend Yield % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Suzhou Xingye Materials Technology Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Suzhou Xingye Materials Technology Co's Dividend Yield % falls into.



Suzhou Xingye Materials Technology Co Dividend Yield % Calculation

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

Suzhou Xingye Materials Technology Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.0400002024-09-182024-09-132024-09-18Cash Dividendsemi-annuallyCNY:CNY 1.000000
CNY 0.1150002024-06-212024-06-202024-06-21Cash DividendannuallyCNY: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.

Suzhou Xingye Materials Technology Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.155/9.77
=1.59 %

Current Share Price is ¥9.77.
Suzhou Xingye Materials Technology Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.155.

Suzhou Xingye Materials Technology Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.08/9.77
=0.82 %

Current Share Price is ¥9.77.
Suzhou Xingye Materials Technology Co's Dividends per Share for the forward twelve months is calculated as ¥0.04 * 2 = ¥0.08.

* 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.


Suzhou Xingye Materials Technology Co  (SHSE:603928) 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.


Suzhou Xingye Materials Technology Co Dividend Yield % Related Terms

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Suzhou Xingye Materials Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 15, Daoan Road, Tongguan Industrial Park, High-tech Zone, Jiangsu, Suzhou, CHN, 215151
Suzhou Xingye Materials Technology Co Ltd is engaged in research, development and production of functional new materials, especially foundry materials. It offers traditional cold box, phenolic urethane, and cast aluminium.

Suzhou Xingye Materials Technology Co Headlines

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