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Beijing Tianyishangjia New Material (SHSE:688033) Dividend Yield % : 0.58% (As of Jun. 06, 2024)


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What is Beijing Tianyishangjia New Material Dividend Yield %?

As of today (2024-06-06), the Trailing Annual Dividend Yield of Beijing Tianyishangjia New Material is 0.58%.

Good Sign:

Beijing Tianyishangjia New Material Corp Ltd stock dividend yield is close to 2-year high.

The historical rank and industry rank for Beijing Tianyishangjia New Material's Dividend Yield % or its related term are showing as below:

SHSE:688033' s Dividend Yield % Range Over the Past 10 Years
Min: 0.12   Med: 0.23   Max: 0.84
Current: 0.58

During the past 8 years, the highest Dividend Yield of Beijing Tianyishangjia New Material was 0.84%. The lowest was 0.12%. And the median was 0.23%.

SHSE:688033's Dividend Yield % is ranked worse than
92.05% of 629 companies
in the Transportation industry
Industry Median: 2.94 vs SHSE:688033: 0.58

Beijing Tianyishangjia New Material's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Beijing Tianyishangjia New Material Corp Ltd is 1.74, which seems too high.

During the past 8 years, the highest Dividend Payout Ratio of Beijing Tianyishangjia New Material was 1.74. The lowest was 0.11. And the median was 0.21.

As of today (2024-06-06), the Forward Dividend Yield % of Beijing Tianyishangjia New Material is 0.58%.

Beijing Tianyishangjia New Material's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

During the past 3 years, the average Dividends Per Share Growth Rate was -25.00% per year.

During the past 8 years, the highest 3-Year average Dividends Per Share Growth Rate of Beijing Tianyishangjia New Material was -25.00% per year. The lowest was -25.00% per year. And the median was -25.00% per year.

The growth rate is calculated with least square regression.

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


Beijing Tianyishangjia New Material Dividend Yield % Historical Data

The historical data trend for Beijing Tianyishangjia New Material'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.

Beijing Tianyishangjia New Material Dividend Yield % Chart

Beijing Tianyishangjia New Material Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial - 0.66 0.12 0.19 0.24

Beijing Tianyishangjia New Material 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 0.20 0.21 0.22 0.24 0.39

Competitive Comparison of Beijing Tianyishangjia New Material's Dividend Yield %

For the Railroads subindustry, Beijing Tianyishangjia New Material'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.


Beijing Tianyishangjia New Material's Dividend Yield % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Beijing Tianyishangjia New Material's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Beijing Tianyishangjia New Material's Dividend Yield % falls into.



Beijing Tianyishangjia New Material Dividend Yield % Calculation

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

Beijing Tianyishangjia New Material Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.0400002023-06-152023-06-142023-06-15Cash 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.

Beijing Tianyishangjia New Material's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.04/6.53
=0.61 %

Current Share Price is ¥6.53.
Beijing Tianyishangjia New Material's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.04.

Beijing Tianyishangjia New Material's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.04/6.53
=0.61 %

Current Share Price is ¥6.53.
Beijing Tianyishangjia New Material's Dividends per Share for the forward twelve months is calculated as ¥0.04 * 1 = ¥0.04.

* 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.


Beijing Tianyishangjia New Material  (SHSE:688033) 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.


Beijing Tianyishangjia New Material Dividend Yield % Related Terms

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Beijing Tianyishangjia New Material (SHSE:688033) Business Description

Traded in Other Exchanges
N/A
Address
500 meters north of South Railway Road, Xixinli Village, Shangzhuang Town, Haidian District, Beijing, CHN, 100094
Beijing Tianyishangjia New Material Corp Ltd Is engaged in the research and development, production and sales of powder metallurgy brakes and locomotives, urban rail brakes and brake shoes for high-speed trains.
Executives
Long Bo Core technical personnel
Hu Chen Core technical personnel
Wu Peng Directors, senior managers
Yang Kai Lin Directors, senior managers
Cheng Jing Lin Core technical personnel
Wu Pei Fang Director, core technical staff
Xia Fei senior management
Liu Shuai senior management
Cao Jing Wu Senior management, core technical personnel
Shi Jia Cai Rang Directors, senior managers, core technical personn
Hou Yu Bo senior management

Beijing Tianyishangjia New Material (SHSE:688033) Headlines

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