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GUANGZHOU TINCI MATERIALS TECHNOLOGY CO (SZSE:002709) Dividend Yield % : 1.54% (As of Jun. 07, 2024)


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What is GUANGZHOU TINCI MATERIALS TECHNOLOGY CO Dividend Yield %?

As of today (2024-06-07), the Trailing Annual Dividend Yield of GUANGZHOU TINCI MATERIALS TECHNOLOGY CO is 1.54%.

The historical rank and industry rank for GUANGZHOU TINCI MATERIALS TECHNOLOGY CO's Dividend Yield % or its related term are showing as below:

SZSE:002709' s Dividend Yield % Range Over the Past 10 Years
Min: 0.03   Med: 0.36   Max: 3.42
Current: 1.54

During the past 13 years, the highest Dividend Yield of GUANGZHOU TINCI MATERIALS TECHNOLOGY CO was 3.42%. The lowest was 0.03%. And the median was 0.36%.

SZSE:002709's Dividend Yield % is ranked worse than
58.98% of 1063 companies
in the Chemicals industry
Industry Median: 1.95 vs SZSE:002709: 1.54

GUANGZHOU TINCI MATERIALS TECHNOLOGY CO's Dividend Payout Ratio for the three months ended in Mar. 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 GUANGZHOU TINCI MATERIALS TECHNOLOGY CO LTD is 0.82, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of GUANGZHOU TINCI MATERIALS TECHNOLOGY CO was 5.50. The lowest was 0.05. And the median was 0.21.

As of today (2024-06-07), the Forward Dividend Yield % of GUANGZHOU TINCI MATERIALS TECHNOLOGY CO is 1.54%.

GUANGZHOU TINCI MATERIALS TECHNOLOGY CO's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

During the past 12 months, GUANGZHOU TINCI MATERIALS TECHNOLOGY CO's average Dividends Per Share Growth Rate was 20.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 242.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 109.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of GUANGZHOU TINCI MATERIALS TECHNOLOGY CO was 242.00% per year. The lowest was -26.00% per year. And the median was 49.80% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


GUANGZHOU TINCI MATERIALS TECHNOLOGY CO Dividend Yield % Historical Data

The historical data trend for GUANGZHOU TINCI MATERIALS TECHNOLOGY 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.

GUANGZHOU TINCI MATERIALS TECHNOLOGY CO Dividend Yield % Chart

GUANGZHOU TINCI MATERIALS TECHNOLOGY 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 0.30 0.05 0.10 1.08 2.39

GUANGZHOU TINCI MATERIALS TECHNOLOGY CO Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.19 1.46 2.22 2.39 2.70

Competitive Comparison of GUANGZHOU TINCI MATERIALS TECHNOLOGY CO's Dividend Yield %

For the Specialty Chemicals subindustry, GUANGZHOU TINCI MATERIALS 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.


GUANGZHOU TINCI MATERIALS TECHNOLOGY CO's Dividend Yield % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, GUANGZHOU TINCI MATERIALS TECHNOLOGY CO's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where GUANGZHOU TINCI MATERIALS TECHNOLOGY CO's Dividend Yield % falls into.



GUANGZHOU TINCI MATERIALS TECHNOLOGY CO Dividend Yield % Calculation

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

GUANGZHOU TINCI MATERIALS TECHNOLOGY CO Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.3000002024-04-292024-04-262024-04-29Cash 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.

GUANGZHOU TINCI MATERIALS TECHNOLOGY CO's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.3/18.80
=1.60 %

Current Share Price is ¥18.80.
GUANGZHOU TINCI MATERIALS TECHNOLOGY CO's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.3.

GUANGZHOU TINCI MATERIALS TECHNOLOGY CO's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.3/18.80
=1.60 %

Current Share Price is ¥18.80.
GUANGZHOU TINCI MATERIALS TECHNOLOGY 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.


GUANGZHOU TINCI MATERIALS TECHNOLOGY CO  (SZSE:002709) 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.


GUANGZHOU TINCI MATERIALS TECHNOLOGY CO Dividend Yield % Related Terms

Thank you for viewing the detailed overview of GUANGZHOU TINCI MATERIALS TECHNOLOGY CO's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


GUANGZHOU TINCI MATERIALS TECHNOLOGY CO (SZSE:002709) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Dongcheng Tablet, Kangda Road, Yunpu Industrial Zone, Huangpu District, Guangdong, Guangzhou, CHN, 510760
GUANGZHOU TINCI MATERIALS TECHNOLOGY CO LTD is engaged in the manufacturing and marketing of lithium-ion battery materials. Its main products include electrolytes of Li-ion Battery, Solvents, and Lithium Salts.
Executives
Xu Jin Fu Directors, executives
Zhao Jing Wei Director
Xu San Shan Directors, executives
Gu Bin Directors, executives
Li Xing Hua Supervisors
Chen Xun Wu Director
Xuan Da Yan Secretary, Director
Zhou Shun Wu Executives
Zhang Li Ping Directors, executives
Pan Guo Zhong Secretary, Director

GUANGZHOU TINCI MATERIALS TECHNOLOGY CO (SZSE:002709) Headlines

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