GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Liaoning Chengda Co Ltd (SHSE:600739) » Definitions » Forward Dividend Yield %

Liaoning Chengda Co (SHSE:600739) Forward Dividend Yield % : 1.46% (As of Apr. 28, 2024)


View and export this data going back to 1996. Start your Free Trial

What is Liaoning Chengda Co Forward Dividend Yield %?

As of today (2024-04-28), the Forward Annual Dividend Yield of Liaoning Chengda Co is 1.46%.

As of today (2024-04-28), the Trailing Annual Dividend Yield of Liaoning Chengda Co is 1.46%.

SHSE:600739's Forward Dividend Yield % is ranked worse than
74.6% of 63 companies
in the Medical Distribution industry
Industry Median: 2.72 vs SHSE:600739: 1.46

Liaoning Chengda Co's Dividends per Share for the three months ended in Sep. 2023 was ¥0.15.

During the past 12 months, Liaoning Chengda Co's average Dividends Per Share Growth Rate was -31.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Liaoning Chengda Co was 23.90% per year. The lowest was -20.00% per year. And the median was 6.90% 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 Liaoning Chengda Co's Forward Dividend Yield %

For the Medical Distribution subindustry, Liaoning Chengda 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.


Liaoning Chengda Co's Forward Dividend Yield % Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Liaoning Chengda Co's Forward Dividend Yield % distribution charts can be found below:

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



Liaoning Chengda Co Forward Dividend Yield % Calculation

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

Liaoning Chengda Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.1502023-08-182023-08-172023-08-18Cash 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.

Liaoning Chengda Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.15/10.30
=1.46 %

Current Share Price is ¥10.30.
Liaoning Chengda Co's Dividends per Share for the forward twelve months is calculated as ¥0.15 * 1 = ¥0.15.

Liaoning Chengda Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.15/10.30
=1.46 %

Current Share Price is ¥10.30.
Liaoning Chengda Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.15.

* 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.


Liaoning Chengda Co  (SHSE:600739) 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.


Liaoning Chengda Co Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Liaoning Chengda Co's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Liaoning Chengda Co (SHSE:600739) Business Description

Traded in Other Exchanges
N/A
Address
No. 71 Renmin Road, Zhongshan District, Dalian, Liaoning, CHN, 116001
Liaoning Chengda Co Ltd is engaged in the business of pharmaceutical and medical, domestic and foreign trade, financial investment, and energy development. The trading division is engaged in the trading of textiles and clothing, steel, wood, and aquatic products. The company is also involved in securities, insurance, and fund business through its financial investment division.

Liaoning Chengda Co (SHSE:600739) Headlines

No Headlines