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Sanhe Tongfei Refrigeration Co (SZSE:300990) Dividend Yield % : 1.71% (As of Apr. 16, 2025)


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What is Sanhe Tongfei Refrigeration Co Dividend Yield %?

As of today (2025-04-16), the Trailing Annual Dividend Yield of Sanhe Tongfei Refrigeration Co is 1.71%.

The historical rank and industry rank for Sanhe Tongfei Refrigeration Co's Dividend Yield % or its related term are showing as below:

SZSE:300990' s Dividend Yield % Range Over the Past 10 Years
Min: 0.58   Med: 1.29   Max: 2.98
Current: 1.71

During the past 7 years, the highest Dividend Yield of Sanhe Tongfei Refrigeration Co was 2.98%. The lowest was 0.58%. And the median was 1.29%.

SZSE:300990's Dividend Yield % is ranked worse than
51.95% of 1946 companies
in the Industrial Products industry
Industry Median: 1.925 vs SZSE:300990: 1.71

Sanhe Tongfei Refrigeration Co's Dividend Payout Ratio for the three months ended in Sep. 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 Sanhe Tongfei Refrigeration Co Ltd is 0.74, which seems too high.

During the past 7 years, the highest Dividend Payout Ratio of Sanhe Tongfei Refrigeration Co was 0.89. The lowest was 0.37. And the median was 0.80.

As of today (2025-04-16), the Forward Dividend Yield % of Sanhe Tongfei Refrigeration Co is 1.71%.

Sanhe Tongfei Refrigeration Co's Dividends per Share for the three months ended in Sep. 2024 was ¥0.00.

During the past 12 months, Sanhe Tongfei Refrigeration Co's average Dividends Per Share Growth Rate was -37.50% 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.


Sanhe Tongfei Refrigeration Co Dividend Yield % Historical Data

The historical data trend for Sanhe Tongfei Refrigeration 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.

Sanhe Tongfei Refrigeration Co Dividend Yield % Chart

Sanhe Tongfei Refrigeration Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial - - 0.63 1.09 1.80

Sanhe Tongfei Refrigeration 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 1.86 1.80 2.16 1.78 1.34

Competitive Comparison of Sanhe Tongfei Refrigeration Co's Dividend Yield %

For the Specialty Industrial Machinery subindustry, Sanhe Tongfei Refrigeration 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.


Sanhe Tongfei Refrigeration Co's Dividend Yield % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sanhe Tongfei Refrigeration Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Sanhe Tongfei Refrigeration Co's Dividend Yield % falls into.


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Sanhe Tongfei Refrigeration Co Dividend Yield % Calculation

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

Sanhe Tongfei Refrigeration Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.2000002025-01-132025-01-102025-01-13Cash Dividendsemi-annuallyCNY:CNY 1.000000
CNY 0.5000002024-05-162024-05-152024-05-16Cash 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.

Sanhe Tongfei Refrigeration Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.7/40.36
=1.73 %

Current Share Price is ¥40.36.
Sanhe Tongfei Refrigeration Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.7.

Sanhe Tongfei Refrigeration Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.4/40.36
=0.99 %

Current Share Price is ¥40.36.
Sanhe Tongfei Refrigeration Co's Dividends per Share for the forward twelve months is calculated as ¥0.2 * 2 = ¥0.4.

* 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.


Sanhe Tongfei Refrigeration Co  (SZSE:300990) 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.


Sanhe Tongfei Refrigeration Co Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Sanhe Tongfei Refrigeration Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Sanhe Tongfei Refrigeration Co Business Description

Traded in Other Exchanges
N/A
Address
No. 3 Jinzhan Road, Railway Station, Hebei Province, Sanhe, CHN, 065200
Sanhe Tongfei Refrigeration Co Ltd is a high-tech enterprise integrating R&D, manufacturing, marketing and services. The company has refrigeration performance testing center. The company deals in various products such as series oil chiller, series water chiller, hydraulic oil heat exchanger, industrial heat exchangers, pure water cooling unit and others. The products have been widely used to various industries, such as machine tool, electronics, military, aerospace, automobile, shipping, rail haulage, communication, and industrial cleaning.

Sanhe Tongfei Refrigeration Co Headlines

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