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West China Cement (HKSE:02233) Forward Dividend Yield % : 1.99% (As of May. 19, 2024)


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What is West China Cement Forward Dividend Yield %?

As of today (2024-05-19), the Forward Annual Dividend Yield of West China Cement is 1.99%.

As of today (2024-05-19), the Trailing Annual Dividend Yield of West China Cement is 5.86%.

HKSE:02233's Forward Dividend Yield % is ranked worse than
70.59% of 238 companies
in the Building Materials industry
Industry Median: 3.305 vs HKSE:02233: 1.99

West China Cement's Dividends per Share for the six months ended in Dec. 2023 was HK$0.00.

During the past 12 months, West China Cement's average Dividends Per Share Growth Rate was -22.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -0.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 14.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of West China Cement was 178.10% per year. The lowest was -51.90% per year. And the median was 9.45% 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 West China Cement's Forward Dividend Yield %

For the Building Materials subindustry, West China Cement'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.


West China Cement's Forward Dividend Yield % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, West China Cement's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where West China Cement's Forward Dividend Yield % falls into.



West China Cement Forward Dividend Yield % Calculation

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

West China Cement Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
HKD 0.0743702023-05-302023-06-012023-07-31Cash 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.

West China Cement's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.07437/1.27
=5.86 %

Current Share Price is HK$1.27.
West China Cement's Dividends per Share for the forward twelve months is calculated as HK$0.07437 * 1 = HK$0.07437.

West China Cement's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.07437/1.27
=5.86 %

Current Share Price is HK$1.27.
West China Cement's Dividends per Share for the trailing twelve months (TTM) ended in Today is HK$0.07437.

* 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.


West China Cement  (HKSE:02233) 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.


West China Cement Forward Dividend Yield % Related Terms

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West China Cement (HKSE:02233) Business Description

Traded in Other Exchanges
Address
No. 336 4th Shenzhou Road, Yaobai R&D Training Center, Aerospace Industrial Base, Chang’an District, Xian, Shaanxi, CHN
West China Cement Ltd is a producer of cement and supplies its products to the infrastructure, urban, and rural construction markets in China. The primary use of West China's cement is in the construction of infrastructure projects such as highways, bridges, railways, roads, and residential buildings.

West China Cement (HKSE:02233) Headlines

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