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Precious Dragon Technology Holdings (HKSE:01861) Forward Dividend Yield % : 2.85% (As of May. 15, 2024)


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What is Precious Dragon Technology Holdings Forward Dividend Yield %?

As of today (2024-05-15), the Forward Annual Dividend Yield of Precious Dragon Technology Holdings is 2.85%.

As of today (2024-05-15), the Trailing Annual Dividend Yield of Precious Dragon Technology Holdings is 2.35%.

HKSE:01861's Forward Dividend Yield % is ranked worse than
50.36% of 562 companies
in the Retail - Cyclical industry
Industry Median: 2.86 vs HKSE:01861: 2.85

Precious Dragon Technology Holdings's Dividends per Share for the six months ended in Dec. 2023 was HK$0.02.

During the past 12 months, Precious Dragon Technology Holdings's average Dividends Per Share Growth Rate was 144.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -0.70% per year.

During the past 8 years, the highest 3-Year average Dividends Per Share Growth Rate of Precious Dragon Technology Holdings was 8.70% per year. The lowest was -0.70% per year. And the median was 4.00% 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 Precious Dragon Technology Holdings's Forward Dividend Yield %

For the Specialty Retail subindustry, Precious Dragon Technology 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.


Precious Dragon Technology Holdings's Forward Dividend Yield % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Precious Dragon Technology Holdings's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Precious Dragon Technology Holdings's Forward Dividend Yield % falls into.



Precious Dragon Technology Holdings Forward Dividend Yield % Calculation

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

Precious Dragon Technology Holdings Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
HKD 0.0172002023-09-042023-09-062023-10-31Cash Dividendsemi-annuallyHKD:HKD 1.000000
HKD 0.0269002023-05-252023-05-302023-06-26Cash Dividendsemi-annuallyHKD: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.

Precious Dragon Technology Holdings's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.0344/1.88
=1.83 %

Current Share Price is HK$1.88.
Precious Dragon Technology Holdings's Dividends per Share for the forward twelve months is calculated as HK$0.0172 * 2 = HK$0.0344.

Precious Dragon Technology Holdings's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.0441/1.88
=2.35 %

Current Share Price is HK$1.88.
Precious Dragon Technology Holdings's Dividends per Share for the trailing twelve months (TTM) ended in Today is HK$0.0441.

* 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.


Precious Dragon Technology Holdings  (HKSE:01861) 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.


Precious Dragon Technology Holdings Forward Dividend Yield % Related Terms

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Precious Dragon Technology Holdings (HKSE:01861) Business Description

Traded in Other Exchanges
N/A
Address
No 628, Jufeng North Road, Aotou Town, Conghua District, Guangdong Province, Guangzhou, CHN
Precious Dragon Technology Holdings Ltd is an investment holding company. The company operates in the segments of Automotive beauty and maintenance products; and Personal care products. The majority of its revenue comes from the Automotive segment, which includes products such as auto cleaning and maintenance products (auto interior decoration cleaning products, tire and wheel cleaning, and care products), paint and coating (chrome aerosol spray), winter and summer specials (refrigerant and cold cranking agent), and air-fresheners. The company products are in the form of both aerosol and non-aerosol products. Some of its brands are ATM, NISSEI, PARLUX, PISCIS, and ETOMAN. Its geographical segments are Mainland China, Japan, Asia, the Middle East, America, and Others.

Precious Dragon Technology Holdings (HKSE:01861) Headlines

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