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Shengtak New Material Co (SZSE:300881) Dividend Yield % : 1.69% (As of Dec. 15, 2024)


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What is Shengtak New Material Co Dividend Yield %?

As of today (2024-12-15), the Trailing Annual Dividend Yield of Shengtak New Material Co is 1.69%.

The historical rank and industry rank for Shengtak New Material Co's Dividend Yield % or its related term are showing as below:

SZSE:300881' s Dividend Yield % Range Over the Past 10 Years
Min: 0.26   Med: 0.53   Max: 2.48
Current: 1.69

During the past 13 years, the highest Dividend Yield of Shengtak New Material Co was 2.48%. The lowest was 0.26%. And the median was 0.53%.

SZSE:300881's Dividend Yield % is ranked worse than
68.24% of 340 companies
in the Steel industry
Industry Median: 3.09 vs SZSE:300881: 1.69

Shengtak New Material Co's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Shengtak New Material Co was 0.33. The lowest was 0.15. And the median was 0.30.

As of today (2024-12-15), the Forward Dividend Yield % of Shengtak New Material Co is 1.69%.

Shengtak New Material Co's Dividends per Share for the three months ended in Sep. 2024 was ¥0.00.

During the past 12 months, Shengtak New Material Co's average Dividends Per Share Growth Rate was 53.60% 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.


Shengtak New Material Co Dividend Yield % Historical Data

The historical data trend for Shengtak New Material 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.

Shengtak New Material Co Dividend Yield % Chart

Shengtak New Material Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.47 0.33 1.41

Shengtak New Material Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.41 1.34 2.15 1.65

Competitive Comparison of Shengtak New Material Co's Dividend Yield %

For the Steel subindustry, Shengtak New Material 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.


Shengtak New Material Co's Dividend Yield % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Shengtak New Material Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Shengtak New Material Co's Dividend Yield % falls into.



Shengtak New Material Co Dividend Yield % Calculation

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

Shengtak New Material Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.5528362024-05-302024-05-292024-05-30Cash 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.

Shengtak New Material Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.552836/32.80
=1.69 %

Current Share Price is ¥32.80.
Shengtak New Material Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.552836.

Shengtak New Material Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.552836/32.80
=1.69 %

Current Share Price is ¥32.80.
Shengtak New Material Co's Dividends per Share for the forward twelve months is calculated as ¥0.552836 * 1 = ¥0.552836.

* 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.


Shengtak New Material Co  (SZSE:300881) 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.


Shengtak New Material Co Dividend Yield % Related Terms

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Shengtak New Material Co Business Description

Traded in Other Exchanges
N/A
Address
west of the industrial park district towns, Jiangsu Province, Changzhou, CHN, 213144
Shengtak New Material Co Ltd is a manufacturer of high-end seamless tubes of carbon steel, alloy steel & stainless steel. The company manufactures rifled seamless alloy steel tubes and seamless stainless steel tubes for high-pressure boilers, petroleum cracking & fertilizer equipment, and automotive industries in China.

Shengtak New Material Co Headlines

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