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Hebei Yangyuan Zhihui Beverage Co (SHSE:603156) Forward Dividend Yield % : 6.85% (As of May. 03, 2024)


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What is Hebei Yangyuan Zhihui Beverage Co Forward Dividend Yield %?

As of today (2024-05-03), the Forward Annual Dividend Yield of Hebei Yangyuan Zhihui Beverage Co is 6.85%.

As of today (2024-05-03), the Trailing Annual Dividend Yield of Hebei Yangyuan Zhihui Beverage Co is 6.85%.

SHSE:603156's Forward Dividend Yield % is ranked better than
84.51% of 71 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 2.88 vs SHSE:603156: 6.85

Hebei Yangyuan Zhihui Beverage Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Hebei Yangyuan Zhihui Beverage Co's average Dividends Per Share Growth Rate was -10.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 2.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Hebei Yangyuan Zhihui Beverage Co was 3.80% per year. The lowest was 2.60% per year. And the median was 2.80% 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 Hebei Yangyuan Zhihui Beverage Co's Forward Dividend Yield %

For the Beverages - Non-Alcoholic subindustry, Hebei Yangyuan Zhihui Beverage 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.


Hebei Yangyuan Zhihui Beverage Co's Forward Dividend Yield % Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Hebei Yangyuan Zhihui Beverage Co's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Hebei Yangyuan Zhihui Beverage Co's Forward Dividend Yield % falls into.



Hebei Yangyuan Zhihui Beverage Co Forward Dividend Yield % Calculation

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

Hebei Yangyuan Zhihui Beverage Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 1.8000002023-05-292023-05-262023-05-29Cash 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.

Hebei Yangyuan Zhihui Beverage Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.8/26.28
=6.85 %

Current Share Price is ¥26.28.
Hebei Yangyuan Zhihui Beverage Co's Dividends per Share for the forward twelve months is calculated as ¥1.8 * 1 = ¥1.8.

Hebei Yangyuan Zhihui Beverage Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.8/26.28
=6.85 %

Current Share Price is ¥26.28.
Hebei Yangyuan Zhihui Beverage Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥1.8.

* 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.


Hebei Yangyuan Zhihui Beverage Co  (SHSE:603156) 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.


Hebei Yangyuan Zhihui Beverage Co Forward Dividend Yield % Related Terms

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Hebei Yangyuan Zhihui Beverage Co (SHSE:603156) Business Description

Traded in Other Exchanges
N/A
Address
Hebei Hengshui Economic Development Zone, New District, North Road, Hengshui, CHN, 053000
Hebei Yangyuan Zhihui Beverage Co Ltd is a China-based company engaged in manufacturing walnut drink with over 1 millon tons of production capacity. The company incorporates various R&D initiatives to manufacture the drink along with the production and sale of the walnut drink. The processing plants through which the drink is manufactured are located across China in Hengshui, Hebei, Luohe in Henan, Chuzhou in Anhui, Jianyang in Jianyang and Yingtan in Jiangxi.

Hebei Yangyuan Zhihui Beverage Co (SHSE:603156) Headlines

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