China Golden Classic Group Ltd stock dividend yield is close to 1-year high.
The historical rank and industry rank for China Golden Classic Group's Dividend Yield % or its related term are showing as below:
HKSE:08281'
s Dividend Yield % Range Over the Past 10 Years
Min: 2.61 Med: 3.33 Max: 4.51
Current: 4.2
During the past 11 years, the highest Dividend Yield of China Golden Classic Group was 4.51%. The lowest was 2.61%. And the median was 3.33%.
HKSE:08281's Dividend Yield % is ranked better than 80.22% of 1102
companies
in the Consumer Packaged Goods industry
Industry Median: 2.28
vs HKSE:08281: 4.20
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of China Golden Classic Group Ltd is 0.75, which seems too high.
During the past 11 years, the highest Dividend Payout Ratio of China Golden Classic Group was 0.75. The lowest was 0.60. And the median was 0.60.
* 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.
Competitive Comparison of China Golden Classic Group's Dividend Yield %
For the Household & Personal Products subindustry, China Golden Classic Group'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.
China Golden Classic Group's Dividend Yield % Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, China Golden Classic Group's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where China Golden Classic Group's Dividend Yield % falls into.
China Golden Classic Group Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
China Golden Classic Group Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
HKD 0.005590
2023-05-29
2023-05-31
2023-06-16
Cash Dividend
annually
HKD:HKD 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.
* 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.
China Golden Classic Group (HKSE:08281) 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.
China Golden Classic Group Dividend Yield % Related Terms
Thank you for viewing the detailed overview of China Golden Classic Group's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
China Golden Classic Group (HKSE:08281) Business Description
China Golden Classic Group Ltd is a daily household product producer in China. The company's reportable segment includes Oral care products, Household Hygiene products, and Leather care products. The Oral Care Products segment involves the manufacturing and selling of oral care products including functional toothpaste, mouthwash, oral spray, and toothbrush. The Leather Care Products segment offers leather shoe care products and leather clothing care products. The Household Hygiene Products segment comprises household hygiene products such as surface cleaners, laundry care products, toilet care products, and mould proof products. The group's operations are mainly located in the PRC.
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