SZSE:002555's Dividend Yield % is ranked better than 79.52% of 166
companies
in the Interactive Media industry
Industry Median: 2.395
vs SZSE:002555: 5.30
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of 37 Interactive Entertainment Network Technology Group Co Ltd is 0.75, which seems too high.
During the past 12 months, 37 Interactive Entertainment Network Technology Group Co's average Dividends Per Share Growth Rate was 25.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 14.50% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 31.60% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 44.60% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of 37 Interactive Entertainment Network Technology Group Co was 119.20% per year. The lowest was -3.70% per year. And the median was 36.60% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
37 Interactive Entertainment Network Technology Group 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.
37 Interactive Entertainment Network Technology Group Co Dividend Yield % Chart
37 Interactive Entertainment Network Technology Group Co Annual Data
* 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.
37 Interactive Entertainment Network Technology Group Co's Dividend Yield % Distribution in the Interactive Media Industry
* The bar in red indicates where 37 Interactive Entertainment Network Technology Group Co's Dividend Yield % falls into.
37 Interactive Entertainment Network Technology Group Co Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
37 Interactive Entertainment Network Technology Group Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CNY 0.450
2023-09-28
2023-09-27
2023-09-28
Cash Dividend
semi-annually
CNY:CNY 1.000000
CNY 0.450
2023-06-02
2023-06-01
2023-06-02
Cash Dividend
semi-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.
37 Interactive Entertainment Network Technology Group Co (SZSE:002555) 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.
37 Interactive Entertainment Network Technology Group Co Dividend Yield % Related Terms
Thank you for viewing the detailed overview of 37 Interactive Entertainment Network Technology Group Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
37 Interactive Entertainment Network Technology Group Co (SZSE:002555) Business Description
37 Interactive Entertainment Network Technology Group Co Ltd is involved in interactive entertainment business mainly focuses on the research, development, publishing, and operation of mobile games and browser games, while arranging pan-entertainment business including film and TV, animation, music. The company steadily promoted the development strategy of platformization, globalization, and pan-entertainment for interactive entertainment business based on IP.
37 Interactive Entertainment Network Technology Group Co (SZSE:002555) Headlines
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