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Leader Harmonious Drive Systems Co (SHSE:688017) Dividend Yield % : 0.09% (As of May. 29, 2024)


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What is Leader Harmonious Drive Systems Co Dividend Yield %?

As of today (2024-05-29), the Trailing Annual Dividend Yield of Leader Harmonious Drive Systems Co is 0.09%.

The historical rank and industry rank for Leader Harmonious Drive Systems Co's Dividend Yield % or its related term are showing as below:

SHSE:688017' s Dividend Yield % Range Over the Past 10 Years
Min: 0.06   Med: 0.19   Max: 0.7
Current: 0.09

During the past 7 years, the highest Dividend Yield of Leader Harmonious Drive Systems Co was 0.70%. The lowest was 0.06%. And the median was 0.19%.

SHSE:688017's Dividend Yield % is ranked worse than
98.56% of 1875 companies
in the Industrial Products industry
Industry Median: 1.78 vs SHSE:688017: 0.09

Leader Harmonious Drive Systems Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

During the past 7 years, the highest Dividend Payout Ratio of Leader Harmonious Drive Systems Co was 0.86. The lowest was 0.17. And the median was 0.21.

As of today (2024-05-29), the Forward Dividend Yield % of Leader Harmonious Drive Systems Co is 0.09%.

Leader Harmonious Drive Systems Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Leader Harmonious Drive Systems Co's average Dividends Per Share Growth Rate was -84.60% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Leader Harmonious Drive Systems Co Dividend Yield % Historical Data

The historical data trend for Leader Harmonious Drive Systems 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.

Leader Harmonious Drive Systems Co Dividend Yield % Chart

Leader Harmonious Drive Systems Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial - - 0.14 0.66 0.07

Leader Harmonious Drive Systems Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.60 0.06 0.08 0.07 0.08

Competitive Comparison of Leader Harmonious Drive Systems Co's Dividend Yield %

For the Specialty Industrial Machinery subindustry, Leader Harmonious Drive Systems 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.


Leader Harmonious Drive Systems Co's Dividend Yield % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Leader Harmonious Drive Systems Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Leader Harmonious Drive Systems Co's Dividend Yield % falls into.



Leader Harmonious Drive Systems Co Dividend Yield % Calculation

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

Leader Harmonious Drive Systems Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.1000002023-06-262023-06-212023-06-26Cash 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.

Leader Harmonious Drive Systems Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.1/110.46
=0.09 %

Current Share Price is ¥110.46.
Leader Harmonious Drive Systems Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.1.

Leader Harmonious Drive Systems Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.1/110.46
=0.09 %

Current Share Price is ¥110.46.
Leader Harmonious Drive Systems Co's Dividends per Share for the forward twelve months is calculated as ¥0.1 * 1 = ¥0.1.

* 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.


Leader Harmonious Drive Systems Co  (SHSE:688017) 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.


Leader Harmonious Drive Systems Co Dividend Yield % Related Terms

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Leader Harmonious Drive Systems Co (SHSE:688017) Business Description

Traded in Other Exchanges
N/A
Address
No. 19, Muxu West Road, Mudu Town, Wuzhong District, Jiangsu Province, Suzhou, CHN, 215101
Leader Harmonious Drive Systems Co Ltd is engaged in design, production and sales of precision transmission devices. The company's products include harmonic reducers, mechatronics actuators and precision parts. Its products are widely used in high-end manufacturing fields such as industrial robots, service robots, CNC machine tools, aerospace, medical equipment, semiconductor production equipment, and new energy equipment.

Leader Harmonious Drive Systems Co (SHSE:688017) Headlines

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