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Inner Mongolia ERDOS Resources Co (SHSE:600295) Forward Dividend Yield % : 8.77% (As of Jun. 05, 2024)


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What is Inner Mongolia ERDOS Resources Co Forward Dividend Yield %?

As of today (2024-06-05), the Forward Annual Dividend Yield of Inner Mongolia ERDOS Resources Co is 8.77%.

As of today (2024-06-05), the Trailing Annual Dividend Yield of Inner Mongolia ERDOS Resources Co is 8.77%.

SHSE:600295's Forward Dividend Yield % is ranked better than
97.97% of 542 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.68 vs SHSE:600295: 8.77

Inner Mongolia ERDOS Resources Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Inner Mongolia ERDOS Resources Co's average Dividends Per Share Growth Rate was -30.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 69.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 100.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 42.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Inner Mongolia ERDOS Resources Co was 164.80% per year. The lowest was -24.70% per year. And the median was 7.10% per year.

The growth rate is calculated with least square regression.

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


Competitive Comparison of Inner Mongolia ERDOS Resources Co's Forward Dividend Yield %

For the Textile Manufacturing subindustry, Inner Mongolia ERDOS Resources Co's Forward Dividend Yield %, along with its competitors' market caps and Forward 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.


Inner Mongolia ERDOS Resources Co's Forward Dividend Yield % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Inner Mongolia ERDOS Resources Co's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Inner Mongolia ERDOS Resources Co's Forward Dividend Yield % falls into.



Inner Mongolia ERDOS Resources Co Forward Dividend Yield % Calculation

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

Inner Mongolia ERDOS Resources Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 1.0000002023-06-302023-06-292023-06-30Cash 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.

Inner Mongolia ERDOS Resources Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1/10.94
=9.14 %

Current Share Price is ¥10.94.
Inner Mongolia ERDOS Resources Co's Dividends per Share for the forward twelve months is calculated as ¥1 * 1 = ¥1.

Inner Mongolia ERDOS Resources Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1/10.94
=9.14 %

Current Share Price is ¥10.94.
Inner Mongolia ERDOS Resources Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥1.

* 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.


Inner Mongolia ERDOS Resources Co  (SHSE:600295) Forward 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.


Inner Mongolia ERDOS Resources Co Forward Dividend Yield % Related Terms

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Inner Mongolia ERDOS Resources Co (SHSE:600295) Business Description

Traded in Other Exchanges
Address
No.1, Hantai Light Textile Street, Dongsheng District, Inner Mongolia Autonomous Region, Erdos City, CHN, 017000
Inner Mongolia ERDOS Resources Co Ltd operates in the textile and garment industry. The company is mainly engaged in the cashmere clothing production. In addition, the company is also engaged in coal mining, power generation, silicon ferroalloy, chlor-alkali chemicals, fertilizers, polysilicon and other products processing and sales. Its product range consists of a cashmere sweater and other cashmere products, ferrosilicon, Si-Mn alloy, coal, calcium carbide, and polyvinyl chloride resin.
Executives
Zhang Mei Rong Director
Wang Zhen Director
Zhang Yi Ling Director

Inner Mongolia ERDOS Resources Co (SHSE:600295) Headlines

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