If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Thunder Software Technology Co Ltd is 2.20, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Thunder Software Technology Co was 2.20. The lowest was 0.15. And the median was 0.26.
During the past 12 months, Thunder Software Technology Co's average Dividends Per Share Growth Rate was 11.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 37.40% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 38.40% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Thunder Software Technology Co was 50.20% per year. The lowest was -10.10% per year. And the median was 37.40% 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.
Thunder Software Technology 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.
Thunder Software Technology Co Dividend Yield % Chart
Competitive Comparison of Thunder Software Technology Co's Dividend Yield %
For the Software - Application subindustry, Thunder Software 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.
Thunder Software Technology Co's Dividend Yield % Distribution in the Software Industry
For the Software industry and Technology sector, Thunder Software Technology Co's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Thunder Software Technology Co's Dividend Yield % falls into.
Thunder Software Technology Co Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Thunder Software Technology Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CNY 0.125000
2024-09-24
2024-09-23
2024-09-24
Cash Dividend
semi-annually
CNY:CNY 1.000000
CNY 0.249000
2024-04-19
2024-04-18
2024-04-19
Cash Dividend
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.
Thunder Software Technology Co (SZSE:300496) 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.
Thunder Software Technology Co Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Thunder Software Technology Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Thunder Software Technology Co Business Description
Thunder Software Technology Co Ltd is a China-based smart device operating system and platform technology provider. It provides smart device operating system solutions to consumers as well as enterprises. The company offers solutions for smartphones, tablets, smart TVs, camera solutions, mobile device management systems, application development platforms, and mobile security solutions. In addition, it also offers services such as carrier certification, Android OS upgrade, application development and maintenance, OS customization, and others.
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