Jiangsu Wujin Stainless Steel Pipe Group Co (SHSE:603878) Forward Dividend Yield % : 6.38% (As of Jun. 09, 2024)

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What is Jiangsu Wujin Stainless Steel Pipe Group Co Forward Dividend Yield %?

As of today (2024-06-09), the Forward Annual Dividend Yield of Jiangsu Wujin Stainless Steel Pipe Group Co is 6.38%.

As of today (2024-06-09), the Trailing Annual Dividend Yield of Jiangsu Wujin Stainless Steel Pipe Group Co is 4.57%.

SHSE:603878's Forward Dividend Yield % is not ranked
in the Steel industry.
Industry Median: 2.98 vs SHSE:603878: 6.38

Jiangsu Wujin Stainless Steel Pipe Group Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Jiangsu Wujin Stainless Steel Pipe Group Co's average Dividends Per Share Growth Rate was 96.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 2.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 15.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Jiangsu Wujin Stainless Steel Pipe Group Co was 75.50% per year. The lowest was -4.10% per year. And the median was 10.45% 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 Jiangsu Wujin Stainless Steel Pipe Group Co's Forward Dividend Yield %

For the Steel subindustry, Jiangsu Wujin Stainless Steel Pipe Group 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.

Jiangsu Wujin Stainless Steel Pipe Group Co's Forward Dividend Yield % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Jiangsu Wujin Stainless Steel Pipe Group Co's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Jiangsu Wujin Stainless Steel Pipe Group Co's Forward Dividend Yield % falls into.

Jiangsu Wujin Stainless Steel Pipe Group Co Forward Dividend Yield % Calculation

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

Jiangsu Wujin Stainless Steel Pipe Group Co (SHSE:603878) 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.

Jiangsu Wujin Stainless Steel Pipe Group Co Forward Dividend Yield % Related Terms

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Jiangsu Wujin Stainless Steel Pipe Group Co (SHSE:603878) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Jiangsu Wujin Stainless Steel Pipe Group Co Ltd (SHSE:603878) » Definitions » Forward Dividend Yield %

Traded in Other Exchanges

N/A

Address

No.1, Wucheng West Road, Wujin, Zhenglu Town, Tianning District, Jiangsu Province, Changzhou, CHN, 213111

Website

http://www.wjss.com.cn

Jiangsu Wujin Stainless Steel Pipe Group Co Ltd is engaged in manufacturing of stainless steel tube & pipe, fittings and flanges.

Executives

Wu Fang Min	Directors, senior managers
Wang Jin Rong	senior management
Zhou Zhi Bin	Directors, senior managers
Liu Yi Ming	senior management

Jiangsu Wujin Stainless Steel Pipe Group Co (SHSE:603878) Headlines

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