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Qingdao Choho Industry Co (SZSE:003033) Dividend Yield % : 2.08% (As of Jun. 12, 2024)


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What is Qingdao Choho Industry Co Dividend Yield %?

As of today (2024-06-12), the Trailing Annual Dividend Yield of Qingdao Choho Industry Co is 2.08%.

Good Sign:

Qingdao Choho Industry Co Ltd stock dividend yield is close to 3-year high.

The historical rank and industry rank for Qingdao Choho Industry Co's Dividend Yield % or its related term are showing as below:

SZSE:003033' s Dividend Yield % Range Over the Past 10 Years
Min: 0.77   Med: 1.47   Max: 2.23
Current: 2.08

During the past 11 years, the highest Dividend Yield of Qingdao Choho Industry Co was 2.23%. The lowest was 0.77%. And the median was 1.47%.

SZSE:003033's Dividend Yield % is ranked worse than
54.06% of 825 companies
in the Vehicles & Parts industry
Industry Median: 2.27 vs SZSE:003033: 2.08

Qingdao Choho Industry Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

During the past 11 years, the highest Dividend Payout Ratio of Qingdao Choho Industry Co was 0.46. The lowest was 0.20. And the median was 0.40.

As of today (2024-06-12), the Forward Dividend Yield % of Qingdao Choho Industry Co is 2.08%.

Qingdao Choho Industry Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Qingdao Choho Industry Co's average Dividends Per Share Growth Rate was 25.00% per year.

The growth rate is calculated with least square regression.

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


Qingdao Choho Industry Co Dividend Yield % Historical Data

The historical data trend for Qingdao Choho Industry 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 Choho Industry Co Dividend Yield % Chart

Qingdao Choho Industry 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 - - 1.45 0.90 1.40

Qingdao Choho Industry Co Quarterly Data
Mar19 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 1.08 1.42 1.51 1.40 1.97

Competitive Comparison of Qingdao Choho Industry Co's Dividend Yield %

For the Auto Parts subindustry, Qingdao Choho Industry 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 Choho Industry Co's Dividend Yield % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Qingdao Choho Industry Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Qingdao Choho Industry Co's Dividend Yield % falls into.



Qingdao Choho Industry Co Dividend Yield % Calculation

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

Qingdao Choho Industry Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.5000002024-05-302024-05-292024-05-30Cash 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 Choho Industry Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.5/23.77
=2.10 %

Current Share Price is ¥23.77.
Qingdao Choho Industry Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.5.

Qingdao Choho Industry Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.5/23.77
=2.10 %

Current Share Price is ¥23.77.
Qingdao Choho Industry Co's Dividends per Share for the forward twelve months is calculated as ¥0.5 * 1 = ¥0.5.

* 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 Choho Industry Co  (SZSE:003033) 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 Choho Industry Co Dividend Yield % Related Terms

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Qingdao Choho Industry Co (SZSE:003033) Business Description

Traded in Other Exchanges
N/A
Address
No. 99, Xiamen Road, Economic Development Zone, Shandong Province, Pingdu, Qingdao, CHN, 266700
Qingdao Choho Industry Co Ltd is engaged in the manufacturing and sales of various chain drive systems. It is in the fields of agricultural machinery chain system and industrial automation chain system. It has provided products and technical services to more than 50 companies including Honda, Suzuki, Yamaha, BMW, Grand Yangtze River, Piaggio, Geely, BYD, Jiangling Ford, Knorr-Bremse, and China North Industries group.
Executives
Chen Li Peng Directors, executives
Mou Jia Hai Directors, executives
Xiang Hua Director
Liu Yi Executives
Zheng Lin Kun Directors, executives
Xu Da Zhi Executives
Fang Xiang Supervisors

Qingdao Choho Industry Co (SZSE:003033) Headlines

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