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Ming Yuan Cloud Group Holdings (HKSE:00909) Forward Dividend Yield % : 3.16% (As of May. 21, 2024)


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What is Ming Yuan Cloud Group Holdings Forward Dividend Yield %?

As of today (2024-05-21), the Forward Annual Dividend Yield of Ming Yuan Cloud Group Holdings is 3.16%.

As of today (2024-05-21), the Trailing Annual Dividend Yield of Ming Yuan Cloud Group Holdings is 3.16%.

HKSE:00909's Forward Dividend Yield % is ranked better than
73.21% of 948 companies
in the Software industry
Industry Median: 2.01 vs HKSE:00909: 3.16

Ming Yuan Cloud Group Holdings's Dividends per Share for the six months ended in Dec. 2023 was HK$0.00.

During the past 12 months, Ming Yuan Cloud Group Holdings's average Dividends Per Share Growth Rate was -100.00% 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 Ming Yuan Cloud Group Holdings's Forward Dividend Yield %

For the Software - Application subindustry, Ming Yuan Cloud Group Holdings'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.


Ming Yuan Cloud Group Holdings's Forward Dividend Yield % Distribution in the Software Industry

For the Software industry and Technology sector, Ming Yuan Cloud Group Holdings's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Ming Yuan Cloud Group Holdings's Forward Dividend Yield % falls into.



Ming Yuan Cloud Group Holdings Forward Dividend Yield % Calculation

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

Ming Yuan Cloud Group Holdings Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
HKD 0.1000002024-05-162024-05-202024-07-05Cash 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.

Ming Yuan Cloud Group Holdings's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.1/2.87
=3.48 %

Current Share Price is HK$2.87.
Ming Yuan Cloud Group Holdings's Dividends per Share for the forward twelve months is calculated as HK$0.1 * 1 = HK$0.1.

Ming Yuan Cloud Group Holdings's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.1/2.87
=3.48 %

Current Share Price is HK$2.87.
Ming Yuan Cloud Group Holdings's Dividends per Share for the trailing twelve months (TTM) ended in Today is HK$0.1.

* 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.


Ming Yuan Cloud Group Holdings  (HKSE:00909) 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.


Ming Yuan Cloud Group Holdings Forward Dividend Yield % Related Terms

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Ming Yuan Cloud Group Holdings (HKSE:00909) Business Description

Traded in Other Exchanges
N/A
Address
18 Gaoxin South 4th Road, 501-509, East Block, Nanshan District, Skyworth Semiconductor Design Building, Gaoxin Community, Yuehai Subdistrict, Shenzhen, CHN
Ming Yuan Cloud Group Holdings Ltd is a provider of enterprise-grade ERP solutions and SaaS products to property developers and other industry participants along the real estate value chain in China. The company's ERP solutions and SaaS products enable property developers and other real estate industry participants such as construction materials suppliers and property asset management companies to streamline and digitalize their business operations. It generates maximum revenue from the SaaS products segment.

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