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Luyang Energy-Saving Materials Co (SZSE:002088) Dividend Yield % : 6.23% (As of Dec. 14, 2024)


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What is Luyang Energy-Saving Materials Co Dividend Yield %?

As of today (2024-12-14), the Trailing Annual Dividend Yield of Luyang Energy-Saving Materials Co is 6.23%.

The historical rank and industry rank for Luyang Energy-Saving Materials Co's Dividend Yield % or its related term are showing as below:

SZSE:002088' s Dividend Yield % Range Over the Past 10 Years
Min: 0.39   Med: 3.27   Max: 10.09
Current: 6.23

During the past 13 years, the highest Dividend Yield of Luyang Energy-Saving Materials Co was 10.09%. The lowest was 0.39%. And the median was 3.27%.

SZSE:002088's Dividend Yield % is ranked better than
87.37% of 998 companies
in the Construction industry
Industry Median: 3 vs SZSE:002088: 6.23

Luyang Energy-Saving Materials Co's Dividend Payout Ratio for the three months ended in Sep. 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 Luyang Energy-Saving Materials Co Ltd is 0.82, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Luyang Energy-Saving Materials Co was 0.82. The lowest was 0.11. And the median was 0.59.

As of today (2024-12-14), the Forward Dividend Yield % of Luyang Energy-Saving Materials Co is 6.23%.

Luyang Energy-Saving Materials Co's Dividends per Share for the three months ended in Sep. 2024 was ¥0.00.

During the past 3 years, the average Dividends Per Share Growth Rate was 19.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 17.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 42.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Luyang Energy-Saving Materials Co was 113.00% per year. The lowest was -20.40% per year. And the median was 26.90% 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.


Luyang Energy-Saving Materials Co Dividend Yield % Historical Data

The historical data trend for Luyang Energy-Saving Materials 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.

Luyang Energy-Saving Materials Co Dividend Yield % Chart

Luyang Energy-Saving Materials 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 6.09 5.86 2.34 3.03 5.61

Luyang Energy-Saving Materials 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 5.03 5.61 5.32 6.62 6.49

Competitive Comparison of Luyang Energy-Saving Materials Co's Dividend Yield %

For the Building Products & Equipment subindustry, Luyang Energy-Saving Materials 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.


Luyang Energy-Saving Materials Co's Dividend Yield % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Luyang Energy-Saving Materials Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Luyang Energy-Saving Materials Co's Dividend Yield % falls into.



Luyang Energy-Saving Materials Co Dividend Yield % Calculation

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

Luyang Energy-Saving Materials Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.8000002024-06-142024-06-132024-06-14Cash 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.

Luyang Energy-Saving Materials Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.8/12.84
=6.23 %

Current Share Price is ¥12.84.
Luyang Energy-Saving Materials Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.8.

Luyang Energy-Saving Materials Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.8/12.84
=6.23 %

Current Share Price is ¥12.84.
Luyang Energy-Saving Materials Co's Dividends per Share for the forward twelve months is calculated as ¥0.8 * 1 = ¥0.8.

* 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.


Luyang Energy-Saving Materials Co  (SZSE:002088) 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.


Luyang Energy-Saving Materials Co Dividend Yield % Related Terms

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Luyang Energy-Saving Materials Co Business Description

Traded in Other Exchanges
N/A
Address
No. 11 Yihe Road, Yiyuan County, Zibo, Shandong, CHN, 256120
Luyang Energy-Saving Materials Co Ltd is engaged in the ceramic and fibre industries in China.
Executives
Lu Chao Executives
Sheng Xin Tai Directors, executives
Du Yi Xue Secretary Dong
Ma Zhong Jun Executives
Zheng Wei Jin Executives
Lu Cheng Bin Director
Bi Yan Hai Supervisors
Gao Jun Chang Director
Lu Cheng Hong Executives
Wang Kan Executives
Wang Ai Ming Director
Lu Mei Jun Supervisors
Du Zhao Feng Supervisors
Yang Jie Hui Securities Affairs Representative
Liu Zhao Juan Executives

Luyang Energy-Saving Materials Co Headlines

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