As of today (2024-12-15), the Trailing Annual Dividend Yield of Zhejiang Wanliyang Co is 4.38%.
Warning Sign:
Zhejiang Wanliyang Co Ltd stock dividend yield is close to 2-year low.
The historical rank and industry rank for Zhejiang Wanliyang Co's Dividend Yield % or its related term are showing as below:
SZSE:002434'
s Dividend Yield % Range Over the Past 10 Years
Min: 0.35 Med: 1.2 Max: 6.78
Current: 4.38
During the past 13 years, the highest Dividend Yield of Zhejiang Wanliyang Co was 6.78%. The lowest was 0.35%. And the median was 1.20%.
SZSE:002434's Dividend Yield % is ranked better than 78.05% of 843
companies
in the Vehicles & Parts industry
Industry Median: 2.44
vs SZSE:002434: 4.38
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Zhejiang Wanliyang Co Ltd is 1.21, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Zhejiang Wanliyang Co was 1.21. The lowest was 0.29. And the median was 0.47.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Zhejiang Wanliyang Co was 44.20% per year. The lowest was 14.90% per year. And the median was 26.60% 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.
Zhejiang Wanliyang Co Dividend Yield % Historical Data
The historical data trend for Zhejiang Wanliyang 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.
Competitive Comparison of Zhejiang Wanliyang Co's Dividend Yield %
For the Auto Parts subindustry, Zhejiang Wanliyang 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.
Zhejiang Wanliyang Co's Dividend Yield % Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Zhejiang Wanliyang Co's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Zhejiang Wanliyang Co's Dividend Yield % falls into.
Zhejiang Wanliyang Co Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Zhejiang Wanliyang Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CNY 0.300000
2024-06-07
2024-06-06
2024-06-07
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.
Zhejiang Wanliyang Co's Trailing Annual Dividend Yield (%) for Today is calculated as
* 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.
Zhejiang Wanliyang Co (SZSE:002434) 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.
Zhejiang Wanliyang Co Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Zhejiang Wanliyang Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Zhejiang Wanliyang Co Ltd is mainly engaged in the manufacture and distribution of automobile transmissions in China. Its products cover transmissions for all kinds of commercial vehicles, including logistics transportation trucks, low-speed heavy-duty dumpers, buses, municipal vehicles, school buses, and pickups. The company's customers include BAIC Foton, Dongfeng Motor, Sinotruk, Faw Group, JMC, Yutong Bus, Hyundai Motor and other automobile OEMs.
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