The historical rank and industry rank for Tianrun Industry Technology Co's Dividend Yield % or its related term are showing as below:
SZSE:002283'
s Dividend Yield % Range Over the Past 10 Years
Min: 0.08 Med: 0.7 Max: 7.11
Current: 4.27
During the past 13 years, the highest Dividend Yield of Tianrun Industry Technology Co was 7.11%. The lowest was 0.08%. And the median was 0.70%.
SZSE:002283's Dividend Yield % is ranked better than 63.51% of 844
companies
in the Vehicles & Parts industry
Industry Median: 2.895
vs SZSE:002283: 4.27
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Tianrun Industry Technology Co Ltd is 0.72, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Tianrun Industry Technology Co was 0.85. The lowest was 0.07. And the median was 0.11.
During the past 12 months, Tianrun Industry Technology Co's average Dividends Per Share Growth Rate was 360.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 66.30% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 40.00% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 28.90% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tianrun Industry Technology Co was 66.30% per year. The lowest was -23.90% per year. And the median was 18.20% 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.
Tianrun Industry Technology Co Dividend Yield % Historical Data
* 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.
Tianrun Industry Technology Co Dividend Yield % Chart
Competitive Comparison of Tianrun Industry Technology Co's Dividend Yield %
For the Auto Parts subindustry, Tianrun Industry 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.
Tianrun Industry Technology Co's Dividend Yield % Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Tianrun Industry Technology Co's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Tianrun Industry Technology Co's Dividend Yield % falls into.
Tianrun Industry Technology Co Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Tianrun Industry Technology Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CNY 0.230000
2024-04-26
2024-04-25
2024-04-26
Cash Dividend
annually
CNY: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.
* 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.
Tianrun Industry Technology Co (SZSE:002283) 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.
Tianrun Industry Technology Co Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Tianrun Industry Technology Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Tianrun Industry Technology Co Business Description
Tianrun Industry Technology Co Ltd, formerly Tianrun Crankshaft Co Ltd is engaged in crankshaft manufacturing. The business of the company includes the development of internal combustion engine, power components, railway equipment, and machine tool equipment. The company is also engaged in the formation of ship engines, heavy trucks, light trucks, and car crankshafts.
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