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Beijing Groundsun Technology Co (BJSE:873703) Forward Dividend Yield % : 3.90% (As of May. 25, 2024)


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What is Beijing Groundsun Technology Co Forward Dividend Yield %?

As of today (2024-05-25), the Forward Annual Dividend Yield of Beijing Groundsun Technology Co is 3.90%.

As of today (2024-05-25), the Trailing Annual Dividend Yield of Beijing Groundsun Technology Co is 3.90%.

BJSE:873703's Forward Dividend Yield % is ranked better than
80.8% of 1844 companies
in the Industrial Products industry
Industry Median: 1.91 vs BJSE:873703: 3.90

Beijing Groundsun Technology 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.


Competitive Comparison of Beijing Groundsun Technology Co's Forward Dividend Yield %

For the Specialty Industrial Machinery subindustry, Beijing Groundsun Technology 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.


Beijing Groundsun Technology Co's Forward Dividend Yield % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Beijing Groundsun Technology Co's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Beijing Groundsun Technology Co's Forward Dividend Yield % falls into.



Beijing Groundsun Technology Co Forward Dividend Yield % Calculation

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

Beijing Groundsun Technology Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.7000002024-04-262024-04-252024-04-26Cash 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.

Beijing Groundsun Technology Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.7/17.70
=3.95 %

Current Share Price is ¥17.70.
Beijing Groundsun Technology Co's Dividends per Share for the forward twelve months is calculated as ¥0.7 * 1 = ¥0.7.

Beijing Groundsun Technology Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.7/17.70
=3.95 %

Current Share Price is ¥17.70.
Beijing Groundsun Technology Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.7.

* 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.


Beijing Groundsun Technology Co  (BJSE:873703) 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.


Beijing Groundsun Technology Co Forward Dividend Yield % Related Terms

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Beijing Groundsun Technology Co (BJSE:873703) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 6 Jinxing West Road, Room 702, Xingchuang Building, Daxing District, Beijing, CHN, 102627
Beijing Groundsun Technology Co Ltd is a national high-tech enterprise that specialized in heat transfer enhancement technology, equipment R&D, design and sale. Its products include Porous Coated Tube series, GTL-MCP Tube series, High Vacuum Condenser series, Corrugated Tube series, Powder Flow Heat Exchange, and others products as tower, storage vessel, separation vessel and high efficiency heat transfer equipment facilities. It also have a wide range of applications in global oil refining, Petrochemical, Coal Chemical, Soda Ash and other related industries.

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