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Qingdao Richmat Intelligence Technology (SZSE:301320) Dividend Yield % : 0.59% (As of Dec. 12, 2024)


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What is Qingdao Richmat Intelligence Technology Dividend Yield %?

As of today (2024-12-12), the Trailing Annual Dividend Yield of Qingdao Richmat Intelligence Technology is 0.59%.

Warning Sign:

Qingdao Richmat Intelligence Technology Inc stock dividend yield is close to 2-year low.

The historical rank and industry rank for Qingdao Richmat Intelligence Technology's Dividend Yield % or its related term are showing as below:

SZSE:301320' s Dividend Yield % Range Over the Past 10 Years
Min: 0.59   Med: 1.26   Max: 2.34
Current: 0.59

During the past 6 years, the highest Dividend Yield of Qingdao Richmat Intelligence Technology was 2.34%. The lowest was 0.59%. And the median was 1.26%.

SZSE:301320's Dividend Yield % is ranked worse than
79.76% of 1947 companies
in the Industrial Products industry
Industry Median: 1.68 vs SZSE:301320: 0.59

Qingdao Richmat Intelligence Technology's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.00.

During the past 6 years, the highest Dividend Payout Ratio of Qingdao Richmat Intelligence Technology was 0.74. The lowest was 0.31. And the median was 0.74.

As of today (2024-12-12), the Forward Dividend Yield % of Qingdao Richmat Intelligence Technology is 1.77%.

Qingdao Richmat Intelligence Technology's Dividends per Share for the three months ended in Sep. 2024 was ¥0.00.

During the past 12 months, Qingdao Richmat Intelligence Technology's average Dividends Per Share Growth Rate was -50.00% 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.


Qingdao Richmat Intelligence Technology Dividend Yield % Historical Data

The historical data trend for Qingdao Richmat Intelligence Technology'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.

Qingdao Richmat Intelligence Technology Dividend Yield % Chart

Qingdao Richmat Intelligence Technology Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial - - - - 1.08

Qingdao Richmat Intelligence Technology Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 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 1.00 1.08 1.26 2.00 0.63

Competitive Comparison of Qingdao Richmat Intelligence Technology's Dividend Yield %

For the Specialty Industrial Machinery subindustry, Qingdao Richmat Intelligence Technology'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.


Qingdao Richmat Intelligence Technology's Dividend Yield % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Qingdao Richmat Intelligence Technology's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Qingdao Richmat Intelligence Technology's Dividend Yield % falls into.



Qingdao Richmat Intelligence Technology Dividend Yield % Calculation

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

Qingdao Richmat Intelligence Technology Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.1000002024-06-032024-05-312024-06-03Cash Dividendsemi-annuallyCNY: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.

Qingdao Richmat Intelligence Technology's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.1/17.11
=0.58 %

Current Share Price is ¥17.11.
Qingdao Richmat Intelligence Technology's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.1.

Qingdao Richmat Intelligence Technology's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.2/17.11
=1.17 %

Current Share Price is ¥17.11.
Qingdao Richmat Intelligence Technology's Dividends per Share for the forward twelve months is calculated as ¥0.1 * 2 = ¥0.2.

* 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.


Qingdao Richmat Intelligence Technology  (SZSE:301320) 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.


Qingdao Richmat Intelligence Technology Dividend Yield % Related Terms

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Qingdao Richmat Intelligence Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 78, Kongquehe 4th Road, Qingdao Garment Industrial Park, Jimo District, Shandong Province, Qingdao, CHN, 266200
Qingdao Richmat Intelligence Technology Inc is engaged in Research and development, production and sales of intelligent linear drive system products. its products include: Linear actuator Dual actuator, Lifting column, Control box, Handset, and Massage motor.

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