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HBIS Resources Co (SZSE:000923) Dividend Yield % : 3.31% (As of Jun. 12, 2024)


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What is HBIS Resources Co Dividend Yield %?

As of today (2024-06-12), the Trailing Annual Dividend Yield of HBIS Resources Co is 3.31%.

Good Sign:

HBIS Resources Co Ltd stock dividend yield is close to 10-year high.

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

SZSE:000923' s Dividend Yield % Range Over the Past 10 Years
Min: 0.02   Med: 0.54   Max: 3.48
Current: 3.31

During the past 13 years, the highest Dividend Yield of HBIS Resources Co was 3.48%. The lowest was 0.02%. And the median was 0.54%.

SZSE:000923's Dividend Yield % is ranked better than
67.67% of 133 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 2.18 vs SZSE:000923: 3.31

HBIS Resources Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of HBIS Resources Co was 0.48. The lowest was 0.01. And the median was 0.14.

As of today (2024-06-12), the Forward Dividend Yield % of HBIS Resources Co is 3.31%.

HBIS Resources Co'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 44.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of HBIS Resources Co was 210.70% per year. The lowest was -45.00% per year. And the median was 44.20% per year.

The growth rate is calculated with least square regression.

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


HBIS Resources Co Dividend Yield % Historical Data

The historical data trend for HBIS Resources 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.

HBIS Resources Co Dividend Yield % Chart

HBIS Resources 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 0.07 0.40 0.70 2.29 1.79

HBIS Resources 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 2.07 2.22 1.87 1.79 1.76

Competitive Comparison of HBIS Resources Co's Dividend Yield %

For the Farm & Heavy Construction Machinery subindustry, HBIS Resources 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.


HBIS Resources Co's Dividend Yield % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, HBIS Resources Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where HBIS Resources Co's Dividend Yield % falls into.



HBIS Resources Co Dividend Yield % Calculation

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

HBIS Resources Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.6000002024-06-032024-05-312024-06-03Cash DividendannuallyCNY:CNY 1.000000
CNY 0.3000002023-06-282023-06-272023-06-28Cash 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.

HBIS Resources Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.9/18.17
=4.95 %

Current Share Price is ¥18.17.
HBIS Resources Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.9.

HBIS Resources Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.6/18.17
=3.30 %

Current Share Price is ¥18.17.
HBIS Resources Co's Dividends per Share for the forward twelve months is calculated as ¥0.6 * 1 = ¥0.6.

* 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.


HBIS Resources Co  (SZSE:000923) 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.


HBIS Resources Co Dividend Yield % Related Terms

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HBIS Resources Co (SZSE:000923) Business Description

Traded in Other Exchanges
N/A
Address
No. 21 Dongsheng Road, Xuanbei District, Hebei, Zhangjiakou, CHN, 075105
HBIS Resources Co Ltd, formerly Xuanhua Construction Machinery Co Ltd is mainly engaged in the production and distribution of bulldozer, loader, roller and mining components in China.
Executives
Liu Jian Director
Niu Yan Qing Supervisors
Wang Jian Chun Directors, executives
Zhou Zhi Sheng Director

HBIS Resources Co (SZSE:000923) Headlines

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