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China Merchants Expressway Network & Technology Holdings Co (SZSE:001965) Forward Dividend Yield % : 3.74% (As of May. 02, 2024)


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What is China Merchants Expressway Network & Technology Holdings Co Forward Dividend Yield %?

As of today (2024-05-02), the Forward Annual Dividend Yield of China Merchants Expressway Network & Technology Holdings Co is 3.74%.

As of today (2024-05-02), the Trailing Annual Dividend Yield of China Merchants Expressway Network & Technology Holdings Co is 3.74%.

SZSE:001965's Forward Dividend Yield % is ranked better than
60.74% of 973 companies
in the Construction industry
Industry Median: 3.03 vs SZSE:001965: 3.74

China Merchants Expressway Network & Technology Holdings Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

During the past 12 months, China Merchants Expressway Network & Technology Holdings Co's average Dividends Per Share Growth Rate was 19.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 13.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 11.00% per year.

During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of China Merchants Expressway Network & Technology Holdings Co was 13.90% per year. The lowest was -6.90% per year. And the median was 10.90% 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 China Merchants Expressway Network & Technology Holdings Co's Forward Dividend Yield %

For the Infrastructure Operations subindustry, China Merchants Expressway Network & Technology Holdings 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 Merchants Expressway Network & Technology Holdings Co's Forward Dividend Yield % Distribution in the Construction Industry

For the Construction industry and Industrials sector, China Merchants Expressway Network & Technology Holdings Co's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where China Merchants Expressway Network & Technology Holdings Co's Forward Dividend Yield % falls into.



China Merchants Expressway Network & Technology Holdings Co Forward Dividend Yield % Calculation

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

China Merchants Expressway Network & Technology Holdings Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.4140002023-07-182023-07-172023-07-18Cash 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.

China Merchants Expressway Network & Technology Holdings Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.414/11.08
=3.74 %

Current Share Price is ¥11.08.
China Merchants Expressway Network & Technology Holdings Co's Dividends per Share for the forward twelve months is calculated as ¥0.414 * 1 = ¥0.414.

China Merchants Expressway Network & Technology Holdings Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.414/11.08
=3.74 %

Current Share Price is ¥11.08.
China Merchants Expressway Network & Technology Holdings Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.414.

* 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 Merchants Expressway Network & Technology Holdings Co  (SZSE:001965) 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 Merchants Expressway Network & Technology Holdings Co Forward Dividend Yield % Related Terms

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China Merchants Expressway Network & Technology Holdings Co (SZSE:001965) Business Description

Traded in Other Exchanges
N/A
Address
No.118 Jian Guo Road, 31F China Merchants Tower, Chaoyang District, Beijing, CHN, 100022
China Merchants Expressway Network & Technology Holdings Co Ltd is a China-based service provider for expressway investment and operation. Its business activities include investment and operation of expressway transportation infrastructure, transportation science and technology, intelligent transportation and other industries related to the expressway. Its investment projects include Yongtaiwen Expressway, Beilun Port Expressway, Jiurui Expressway, Huaizhi Expressway, Gaojie Expressway, Zhengxin Huanghe Bridge, among others.

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