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Guangzhou Development Group (SHSE:600098) Dividend Yield % : 2.97% (As of Jun. 07, 2024)


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What is Guangzhou Development Group Dividend Yield %?

As of today (2024-06-07), the Trailing Annual Dividend Yield of Guangzhou Development Group is 2.97%.

The historical rank and industry rank for Guangzhou Development Group's Dividend Yield % or its related term are showing as below:

SHSE:600098' s Dividend Yield % Range Over the Past 10 Years
Min: 0.75   Med: 1.78   Max: 4.94
Current: 2.97

During the past 13 years, the highest Dividend Yield of Guangzhou Development Group was 4.94%. The lowest was 0.75%. And the median was 1.78%.

SHSE:600098's Dividend Yield % is ranked worse than
79.27% of 82 companies
in the Other Energy Sources industry
Industry Median: 5.485 vs SHSE:600098: 2.97

Guangzhou Development Group's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Guangzhou Development Group was 170.00. The lowest was 0.17. And the median was 0.40.

As of today (2024-06-07), the Forward Dividend Yield % of Guangzhou Development Group is 2.97%.

Guangzhou Development Group's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Guangzhou Development Group's average Dividends Per Share Growth Rate was 100.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 58.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 14.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -3.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Guangzhou Development Group was 58.70% per year. The lowest was -20.60% per year. And the median was -2.40% per year.

The growth rate is calculated with least square regression.

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


Guangzhou Development Group Dividend Yield % Historical Data

The historical data trend for Guangzhou Development Group'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.

Guangzhou Development Group Dividend Yield % Chart

Guangzhou Development Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.53 0.77 2.10 1.81 3.72

Guangzhou Development Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.69 3.24 3.29 3.72 3.26

Competitive Comparison of Guangzhou Development Group's Dividend Yield %

For the Thermal Coal subindustry, Guangzhou Development 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.


Guangzhou Development Group's Dividend Yield % Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Guangzhou Development Group's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Guangzhou Development Group's Dividend Yield % falls into.



Guangzhou Development Group Dividend Yield % Calculation

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

Guangzhou Development Group Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.2000002023-06-282023-06-272023-06-28Cash 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.

Guangzhou Development Group's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.2/6.86
=2.92 %

Current Share Price is ¥6.86.
Guangzhou Development Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.2.

Guangzhou Development Group's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.2/6.86
=2.92 %

Current Share Price is ¥6.86.
Guangzhou Development Group's Dividends per Share for the forward twelve months is calculated as ¥0.2 * 1 = ¥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.


Guangzhou Development Group  (SHSE:600098) 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.


Guangzhou Development Group Dividend Yield % Related Terms

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Guangzhou Development Group (SHSE:600098) Business Description

Traded in Other Exchanges
N/A
Address
28/F, Development Center, No. 3 Linjiang Avenue, Zhujiang Xincheng, Guangzhou, CHN
Guangzhou Development Group Incorporated is a China-based company operating in the integrated energy business. It is engaged in the investment, construction, development, and operation of electric power, coal, oil products, natural gas and new energy. The company is also involved in the energy logistics business.
Executives
Wu Xu Director
Feng Kai Yun Director
Li Shuang Yin Supervisors
Yang Dan De Director

Guangzhou Development Group (SHSE:600098) Headlines

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