GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tianjin Meiteng Technology Co Ltd (SHSE:688420) » Definitions » Dividend Yield %

Tianjin Meiteng Technology Co (SHSE:688420) Dividend Yield % : 1.52% (As of Apr. 09, 2025)


View and export this data going back to 2022. Start your Free Trial

What is Tianjin Meiteng Technology Co Dividend Yield %?

As of today (2025-04-09), the Trailing Annual Dividend Yield of Tianjin Meiteng Technology Co is 1.52%.

Warning Sign:

Tianjin Meiteng Technology Co Ltd stock Dividend Yield % is close to 1-year low.

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

SHSE:688420' s Dividend Yield % Range Over the Past 10 Years
Min: 0.9   Med: 1.37   Max: 1.77
Current: 1.52

During the past 6 years, the highest Dividend Yield of Tianjin Meiteng Technology Co was 1.77%. The lowest was 0.90%. And the median was 1.37%.

SHSE:688420's Dividend Yield % is ranked worse than
59.63% of 1942 companies
in the Industrial Products industry
Industry Median: 2.03 vs SHSE:688420: 1.52

Tianjin Meiteng Technology Co's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.00.

During the past 6 years, the highest Dividend Payout Ratio of Tianjin Meiteng Technology Co was 0.42. The lowest was 0.32. And the median was 0.42.

As of today (2025-04-09), the Forward Dividend Yield % of Tianjin Meiteng Technology Co is 1.52%.

Tianjin Meiteng Technology Co's Dividends per Share for the three months ended in Sep. 2024 was ¥0.00.

During the past 12 months, Tianjin Meiteng Technology Co's average Dividends Per Share Growth Rate was -14.30% 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.


Tianjin Meiteng Technology Co Dividend Yield % Historical Data

The historical data trend for Tianjin Meiteng 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.

Tianjin Meiteng Technology Co Dividend Yield % Chart

Tianjin Meiteng Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial - - - - 1.35

Tianjin Meiteng Technology Co Quarterly Data
Dec18 Dec19 Dec20 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 1.14 1.35 1.55 1.69 1.31

Competitive Comparison of Tianjin Meiteng Technology Co's Dividend Yield %

For the Specialty Industrial Machinery subindustry, Tianjin Meiteng 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.


Tianjin Meiteng Technology Co's Dividend Yield % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tianjin Meiteng Technology Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Tianjin Meiteng Technology Co's Dividend Yield % falls into.


;
;

Tianjin Meiteng Technology Co Dividend Yield % Calculation

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

Tianjin Meiteng Technology Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.3000002024-07-012024-06-282024-07-01Cash 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.

Tianjin Meiteng Technology Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.3/20.18
=1.49 %

Current Share Price is ¥20.18.
Tianjin Meiteng Technology Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.3.

Tianjin Meiteng Technology Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.3/20.18
=1.49 %

Current Share Price is ¥20.18.
Tianjin Meiteng Technology Co's Dividends per Share for the forward twelve months is calculated as ¥0.3 * 1 = ¥0.3.

* 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.


Tianjin Meiteng Technology Co  (SHSE:688420) 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.


Tianjin Meiteng Technology Co Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Tianjin Meiteng Technology Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Tianjin Meiteng Technology Co Business Description

Traded in Other Exchanges
N/A
Address
South of Zhongbin Avenue, Room 137, 1st Floor, Building 8, Ecological Construction Apartment, Sino-Singapore Ecological City, Binhai New Area, Tianjin, CHN, 300467
Tianjin Meiteng Technology Co Ltd is engaged in providing industrial and mining intelligent equipment and systems.

Tianjin Meiteng Technology Co Headlines

No Headlines