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Qingdao East Steel Tower Stock Co (SZSE:002545) Dividend Yield % : 4.03% (As of Apr. 01, 2025)


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What is Qingdao East Steel Tower Stock Co Dividend Yield %?

As of today (2025-04-01), the Trailing Annual Dividend Yield of Qingdao East Steel Tower Stock Co is 4.03%.

Warning Sign:

Qingdao East Steel Tower Stock Co Ltd stock Dividend Yield % is close to 1-year low.

The historical rank and industry rank for Qingdao East Steel Tower Stock Co's Dividend Yield % or its related term are showing as below:

SZSE:002545' s Dividend Yield % Range Over the Past 10 Years
Min: 0.14   Med: 1.22   Max: 6.72
Current: 4.03

During the past 13 years, the highest Dividend Yield of Qingdao East Steel Tower Stock Co was 6.72%. The lowest was 0.14%. And the median was 1.22%.

SZSE:002545's Dividend Yield % is ranked better than
61.9% of 336 companies
in the Steel industry
Industry Median: 3.11 vs SZSE:002545: 4.03

Qingdao East Steel Tower Stock Co's Dividend Payout Ratio for the three months ended in Sep. 2024 was 1.97.

During the past 13 years, the highest Dividend Payout Ratio of Qingdao East Steel Tower Stock Co was 2.44. The lowest was 0.20. And the median was 0.48.

As of today (2025-04-01), the Forward Dividend Yield % of Qingdao East Steel Tower Stock Co is 4.03%.

Qingdao East Steel Tower Stock Co's Dividends per Share for the three months ended in Sep. 2024 was ¥0.30.

During the past 12 months, Qingdao East Steel Tower Stock Co's average Dividends Per Share Growth Rate was -26.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 72.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 44.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 17.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Qingdao East Steel Tower Stock Co was 72.40% per year. The lowest was -35.10% per year. And the median was 26.00% 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.


Qingdao East Steel Tower Stock Co Dividend Yield % Historical Data

The historical data trend for Qingdao East Steel Tower Stock 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.

Qingdao East Steel Tower Stock Co Dividend Yield % Chart

Qingdao East Steel Tower Stock 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 1.59 1.04 1.10 3.02 5.73

Qingdao East Steel Tower Stock 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 5.61 5.73 6.03 6.02 4.38

Competitive Comparison of Qingdao East Steel Tower Stock Co's Dividend Yield %

For the Steel subindustry, Qingdao East Steel Tower Stock 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.


Qingdao East Steel Tower Stock Co's Dividend Yield % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Qingdao East Steel Tower Stock Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Qingdao East Steel Tower Stock Co's Dividend Yield % falls into.


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Qingdao East Steel Tower Stock Co Dividend Yield % Calculation

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

Qingdao East Steel Tower Stock Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.3000002024-07-122024-07-112024-07-12Cash 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.

Qingdao East Steel Tower Stock Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.3/7.55
=3.97 %

Current Share Price is ¥7.55.
Qingdao East Steel Tower Stock Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.3.

Qingdao East Steel Tower Stock Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.3/7.55
=3.97 %

Current Share Price is ¥7.55.
Qingdao East Steel Tower Stock 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.


Qingdao East Steel Tower Stock Co  (SZSE:002545) 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.


Qingdao East Steel Tower Stock Co Dividend Yield % Related Terms

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Qingdao East Steel Tower Stock Co Business Description

Traded in Other Exchanges
N/A
Address
318 GuangZhou North Road, Shandong Province, JiaoZhou, CHN, 266300
Qingdao East Steel Tower Stock Co Ltd manufactures and markets steel structures in the People's Republic of China. The company offers boiler steel brackets, pipe racks, torch towers, workshop steel structures, power plant air cooling platforms, boiler steel supports, large substation steel structures, high-voltage transmission line towers, and large spanning towers; and radio and TV towers, midwave antenna towers, and shortwave towers.
Executives
Du Yong Director
Han Zhen Ru Executives
Han Fang Ru Director
Wang Tong Xi Executives
Li Qiang Supervisors

Qingdao East Steel Tower Stock Co Headlines

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