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Zhejiang Hongchang Electrical Technology Co (SZSE:301008) Dividend Yield % : 1.56% (As of Jun. 13, 2024)


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What is Zhejiang Hongchang Electrical Technology Co Dividend Yield %?

As of today (2024-06-13), the Trailing Annual Dividend Yield of Zhejiang Hongchang Electrical Technology Co is 1.56%.

The historical rank and industry rank for Zhejiang Hongchang Electrical Technology Co's Dividend Yield % or its related term are showing as below:

SZSE:301008' s Dividend Yield % Range Over the Past 10 Years
Min: 1.31   Med: 1.65   Max: 2.28
Current: 1.56

During the past 7 years, the highest Dividend Yield of Zhejiang Hongchang Electrical Technology Co was 2.28%. The lowest was 1.31%. And the median was 1.65%.

SZSE:301008's Dividend Yield % is ranked worse than
62.71% of 1381 companies
in the Hardware industry
Industry Median: 2.23 vs SZSE:301008: 1.56

Zhejiang Hongchang Electrical Technology Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

During the past 7 years, the highest Dividend Payout Ratio of Zhejiang Hongchang Electrical Technology Co was 0.60. The lowest was 0.34. And the median was 0.51.

As of today (2024-06-13), the Forward Dividend Yield % of Zhejiang Hongchang Electrical Technology Co is 0.00%.

Zhejiang Hongchang Electrical Technology Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

The growth rate is calculated with least square regression.

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


Zhejiang Hongchang Electrical Technology Co Dividend Yield % Historical Data

The historical data trend for Zhejiang Hongchang Electrical Technology 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.

Zhejiang Hongchang Electrical Technology Co Dividend Yield % Chart

Zhejiang Hongchang Electrical Technology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial - - 1.39 - 1.32

Zhejiang Hongchang Electrical Technology Co Quarterly Data
Dec18 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 - 1.42 1.34 1.32 1.70

Competitive Comparison of Zhejiang Hongchang Electrical Technology Co's Dividend Yield %

For the Electronic Components subindustry, Zhejiang Hongchang Electrical 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.


Zhejiang Hongchang Electrical Technology Co's Dividend Yield % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Zhejiang Hongchang Electrical Technology Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Zhejiang Hongchang Electrical Technology Co's Dividend Yield % falls into.



Zhejiang Hongchang Electrical Technology Co Dividend Yield % Calculation

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


Zhejiang Hongchang Electrical Technology Co  (SZSE:301008) 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.


Zhejiang Hongchang Electrical Technology Co Dividend Yield % Related Terms

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Zhejiang Hongchang Electrical Technology Co (SZSE:301008) Business Description

Traded in Other Exchanges
N/A
Address
No. 788, Xinhong Road, Qiubin Street, Wucheng District, Zhejiang Province, Jinhua, CHN, 321017
Zhejiang Hongchang Electrical Technology Co Ltd is engaged in the research and development, production and sales of fluid solenoid valves, sensors and other electrical accessories.

Zhejiang Hongchang Electrical Technology Co (SZSE:301008) Headlines

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