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China Jushi Co (SHSE:600176) Forward Dividend Yield % : 4.33% (As of Apr. 29, 2024)


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What is China Jushi Co Forward Dividend Yield %?

As of today (2024-04-29), the Forward Annual Dividend Yield of China Jushi Co is 4.33%.

As of today (2024-04-29), the Trailing Annual Dividend Yield of China Jushi Co is 4.33%.

SHSE:600176's Forward Dividend Yield % is ranked better than
64.32% of 241 companies
in the Building Materials industry
Industry Median: 3.43 vs SHSE:600176: 4.33

China Jushi Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

During the past 12 months, China Jushi Co's average Dividends Per Share Growth Rate was 8.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 45.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 26.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 34.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of China Jushi Co was 71.80% per year. The lowest was -9.10% per year. And the median was 38.05% 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 Jushi Co's Forward Dividend Yield %

For the Building Materials subindustry, China Jushi 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.


China Jushi Co's Forward Dividend Yield % Distribution in the Building Materials Industry

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

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



China Jushi Co Forward Dividend Yield % Calculation

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

China Jushi Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.5212023-05-252023-05-242023-05-25Cash 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.

China Jushi Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.521/12.02
=4.33 %

Current Share Price is ¥12.02.
China Jushi Co's Dividends per Share for the forward twelve months is calculated as ¥0.521 * 1 = ¥0.521.

China Jushi Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.521/12.02
=4.33 %

Current Share Price is ¥12.02.
China Jushi Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.521.

* 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 Jushi Co  (SHSE:600176) 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 Jushi Co Forward Dividend Yield % Related Terms

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China Jushi Co (SHSE:600176) Business Description

Traded in Other Exchanges
N/A
Address
No. 669 South China Wen Road, Tongxiang Economic Development Zone, Zhejiang Province, Tongxiang, CHN, 314500
China Jushi Co Ltd is a manufacturer of glass fiber and related products. It is also engaged in the development and operation of the commercial real estate, residential chain management, and logistics businesses. The company has a range of reinforcement fiberglass products and specifications, mainly including E-glass and C-glass rovings, chopped strands, powder and emulsion chopped strand mats, and woven rovings. In addition, the company also provides testing services for testing glass, mineral raw materials, fiberglass and its articles, fiberglass reinforced composites, chemical raw materials, sewage, waste gas and packaging materials.

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