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Jiangxi First Hydraulic Co (SZSE:301446) Dividend Yield % : 1.69% (As of Jun. 22, 2024)


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What is Jiangxi First Hydraulic Co Dividend Yield %?

As of today (2024-06-22), the Trailing Annual Dividend Yield of Jiangxi First Hydraulic Co is 1.69%.

Good Sign:

Jiangxi First Hydraulic Co Ltd stock dividend yield is close to 1-year high.

The historical rank and industry rank for Jiangxi First Hydraulic Co's Dividend Yield % or its related term are showing as below:

SZSE:301446' s Dividend Yield % Range Over the Past 10 Years
Min: 0.35   Med: 0.47   Max: 1.69
Current: 1.69

During the past 5 years, the highest Dividend Yield of Jiangxi First Hydraulic Co was 1.69%. The lowest was 0.35%. And the median was 0.47%.

SZSE:301446's Dividend Yield % is ranked worse than
54.16% of 1922 companies
in the Industrial Products industry
Industry Median: 1.855 vs SZSE:301446: 1.69

Jiangxi First Hydraulic Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

During the past 5 years, the highest Dividend Payout Ratio of Jiangxi First Hydraulic Co was 0.13. The lowest was 0.12. And the median was 0.13.

As of today (2024-06-22), the Forward Dividend Yield % of Jiangxi First Hydraulic Co is 2.31%.

Jiangxi First Hydraulic 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.


Jiangxi First Hydraulic Co Dividend Yield % Historical Data

The historical data trend for Jiangxi First Hydraulic 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.

Jiangxi First Hydraulic Co Dividend Yield % Chart

Jiangxi First Hydraulic Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
- - - - 0.38

Jiangxi First Hydraulic Co Quarterly Data
Dec19 Dec20 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 - - 0.36 0.38 0.49

Competitive Comparison of Jiangxi First Hydraulic Co's Dividend Yield %

For the Specialty Industrial Machinery subindustry, Jiangxi First Hydraulic 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.


Jiangxi First Hydraulic Co's Dividend Yield % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jiangxi First Hydraulic Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Jiangxi First Hydraulic Co's Dividend Yield % falls into.



Jiangxi First Hydraulic Co Dividend Yield % Calculation

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

Jiangxi First Hydraulic Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.2000002024-05-222024-05-212024-05-22Cash Dividendsemi-annuallyCNY:CNY 1.000000
CNY 0.0923082023-09-252023-09-222023-09-25Cash 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.

Jiangxi First Hydraulic Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.292308/17.30
=1.69 %

Current Share Price is ¥17.30.
Jiangxi First Hydraulic Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.292308.

Jiangxi First Hydraulic Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.4/17.30
=2.31 %

Current Share Price is ¥17.30.
Jiangxi First Hydraulic 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.


Jiangxi First Hydraulic Co  (SZSE:301446) 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.


Jiangxi First Hydraulic Co Dividend Yield % Related Terms

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Jiangxi First Hydraulic Co (SZSE:301446) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Fushite Avenue, Shangrao Economic and Technological Development Zone, Jiangxi, Shangrao, CHN, 334100
Jiangxi First Hydraulic Co Ltd is a large-scale hydraulic product manufacturer specializing in the research and development, production and sales of hydraulic pipeline systems.

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