GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » China Travel International Investment Hong Kong Ltd (HKSE:00308) » Definitions » Forward Dividend Yield %

China Travel International Investment Hong Kong (HKSE:00308) Forward Dividend Yield % : 1.91% (As of May. 15, 2024)


View and export this data going back to 1992. Start your Free Trial

What is China Travel International Investment Hong Kong Forward Dividend Yield %?

As of today (2024-05-15), the Forward Annual Dividend Yield of China Travel International Investment Hong Kong is 1.91%.

As of today (2024-05-15), the Trailing Annual Dividend Yield of China Travel International Investment Hong Kong is 1.15%.

HKSE:00308's Forward Dividend Yield % is ranked worse than
57.71% of 350 companies
in the Travel & Leisure industry
Industry Median: 2.425 vs HKSE:00308: 1.91

China Travel International Investment Hong Kong's Dividends per Share for the six months ended in Dec. 2023 was HK$0.02.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of China Travel International Investment Hong Kong was 108.00% per year. The lowest was -41.50% per year. And the median was 9.10% 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 China Travel International Investment Hong Kong's Forward Dividend Yield %

For the Leisure subindustry, China Travel International Investment Hong Kong'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.


China Travel International Investment Hong Kong's Forward Dividend Yield % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, China Travel International Investment Hong Kong's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where China Travel International Investment Hong Kong's Forward Dividend Yield % falls into.



China Travel International Investment Hong Kong Forward Dividend Yield % Calculation

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

China Travel International Investment Hong Kong Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
HKD 0.0150002023-09-182023-09-202023-10-17Cash DividendannuallyHKD: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.

China Travel International Investment Hong Kong's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.015/1.31
=1.15 %

Current Share Price is HK$1.31.
China Travel International Investment Hong Kong's Dividends per Share for the forward twelve months is calculated as HK$0.015 * 1 = HK$0.015.

China Travel International Investment Hong Kong's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.015/1.31
=1.15 %

Current Share Price is HK$1.31.
China Travel International Investment Hong Kong's Dividends per Share for the trailing twelve months (TTM) ended in Today is HK$0.015.

* 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 Travel International Investment Hong Kong  (HKSE:00308) 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.


China Travel International Investment Hong Kong Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of China Travel International Investment Hong Kong's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


China Travel International Investment Hong Kong (HKSE:00308) Business Description

Traded in Other Exchanges
Address
78-83 Connaught Road Central, 12th Floor, CTS House, Hong Kong, HKG
China Travel International Investment Hong Kong Ltd is a holding company focused on leisure investments. The company has four primary divisions: travel agency and related operations, tourist attractions, hotels, and passenger transportation services. It derives revenue from its travel agency, tourist attraction, and hotel operations. Travel agency and related operations include the company's travel agency and travel document businesses. Tourist attraction operations, which comprise the largest portion of company revenue, include theme parks, resorts, and scenic destinations. Hotel operations include hotel accommodation, food, and beverage services. The company generates the vast majority of revenue in Hong Kong and mainland China.

China Travel International Investment Hong Kong (HKSE:00308) Headlines

No Headlines