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Songcheng Performance Development Co (SZSE:300144) Dividend Yield % : 0.48% (As of Apr. 27, 2024)


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What is Songcheng Performance Development Co Dividend Yield %?

As of today (2024-04-27), the Trailing Annual Dividend Yield of Songcheng Performance Development Co is 0.48%.

The historical rank and industry rank for Songcheng Performance Development Co's Dividend Yield % or its related term are showing as below:

SZSE:300144' s Dividend Yield % Range Over the Past 10 Years
Min: 0.17   Med: 0.45   Max: 1.15
Current: 0.48

During the past 13 years, the highest Dividend Yield of Songcheng Performance Development Co was 1.15%. The lowest was 0.17%. And the median was 0.45%.

SZSE:300144's Dividend Yield % is ranked worse than
90.18% of 336 companies
in the Travel & Leisure industry
Industry Median: 2.205 vs SZSE:300144: 0.48

Songcheng Performance Development Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Songcheng Performance Development Co was 12.50. The lowest was 0.12. And the median was 0.14.

As of today (2024-04-27), the Forward Dividend Yield % of Songcheng Performance Development Co is 0.48%.

Songcheng Performance Development Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

During the past 3 years, the average Dividends Per Share Growth Rate was -9.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -2.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Songcheng Performance Development Co was 34.50% per year. The lowest was -9.30% per year. And the median was 4.10% per year.

The growth rate is calculated with least square regression.

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


Songcheng Performance Development Co Dividend Yield % Historical Data

The historical data trend for Songcheng Performance Development 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.

Songcheng Performance Development Co Dividend Yield % Chart

Songcheng Performance Development 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 0.39 0.63 0.35 0.34 -

Songcheng Performance Development 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 0.31 0.40 0.41 - -

Competitive Comparison of Songcheng Performance Development Co's Dividend Yield %

For the Leisure subindustry, Songcheng Performance Development 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.


Songcheng Performance Development Co's Dividend Yield % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Songcheng Performance Development Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Songcheng Performance Development Co's Dividend Yield % falls into.



Songcheng Performance Development Co Dividend Yield % Calculation

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

Songcheng Performance Development Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.0502023-06-092023-06-082023-06-09Cash 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.

Songcheng Performance Development Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.05/10.36
=0.48 %

Current Share Price is ¥10.36.
Songcheng Performance Development Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.05.

Songcheng Performance Development Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.05/10.36
=0.48 %

Current Share Price is ¥10.36.
Songcheng Performance Development Co's Dividends per Share for the forward twelve months is calculated as ¥0.05 * 1 = ¥0.05.

* 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.


Songcheng Performance Development Co  (SZSE:300144) 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.


Songcheng Performance Development Co Dividend Yield % Related Terms

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Songcheng Performance Development Co (SZSE:300144) Business Description

Traded in Other Exchanges
N/A
Address
148 River Road, Zhejiang Province, Hangzhou, CHN, 310008
Songcheng Performance Development Co Ltd operates in the performing arts industry. The company is engaged in the operation of theme parks and tourism cultural shows in China. It has developed dozens of cultural entertainment projects including Songcheng Six Rooms and China Performing Arts Valley. In addition, the company has extended businesses in leisure tourism, live entertainment, and online entertainment, intending to create a performance empire that covers both online and offline traffic.

Songcheng Performance Development Co (SZSE:300144) Headlines

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