Hainan Strait Shipping Co (SZSE:002320) Forward Dividend Yield % : 0.68% (As of May. 13, 2024)

View and export this data going back to 2009. Start your Free Trial

What is Hainan Strait Shipping Co Forward Dividend Yield %?

As of today (2024-05-13), the Forward Annual Dividend Yield of Hainan Strait Shipping Co is 0.68%.

As of today (2024-05-13), the Trailing Annual Dividend Yield of Hainan Strait Shipping Co is 0.68%.

SZSE:002320's Forward Dividend Yield % is ranked worse than
91.55% of 627 companies
in the Transportation industry
Industry Median: 3.08 vs SZSE:002320: 0.68

Hainan Strait Shipping Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Hainan Strait Shipping Co's average Dividends Per Share Growth Rate was -55.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -30.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 29.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Hainan Strait Shipping Co was 180.90% per year. The lowest was -61.50% per year. And the median was -4.50% 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 Hainan Strait Shipping Co's Forward Dividend Yield %

For the Marine Shipping subindustry, Hainan Strait Shipping 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.

Hainan Strait Shipping Co's Forward Dividend Yield % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hainan Strait Shipping Co's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Hainan Strait Shipping Co's Forward Dividend Yield % falls into.

Hainan Strait Shipping Co Forward Dividend Yield % Calculation

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

Hainan Strait Shipping Co Recent Full-Year* Dividend History

Amount	Ex-date	Record Date	Pay Date	Type	Frequency	Forex Rate
CNY 0.045000	2023-06-12	2023-06-09	2023-06-12	Cash Dividend	annually	CNY: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.

Hainan Strait Shipping Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield	=	Forward Full Year Dividend	/	Current Share Price
	=	0.045	/	6.59
	=	0.68 %

Current Share Price is ¥6.59.
Hainan Strait Shipping Co's Dividends per Share for the forward twelve months is calculated as ¥0.045 * 1 = ¥0.045.

Hainan Strait Shipping Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield	=	Most Recent Full Year Dividend	/	Current Share Price
	=	0.045	/	6.59
	=	0.68 %

Current Share Price is ¥6.59.
Hainan Strait Shipping Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.045.

* 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.

Hainan Strait Shipping Co (SZSE:002320) 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.

Hainan Strait Shipping Co Forward Dividend Yield % Related Terms

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

Hainan Strait Shipping Co (SZSE:002320) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Hainan Strait Shipping Co Ltd (SZSE:002320) » Definitions » Forward Dividend Yield %

Traded in Other Exchanges

N/A

Address

East Ocean Building, 7th Floor, Binhai Road, Haikou, CHN, 570311

Website

http://www.hnss.net.cn

Hainan Strait Shipping Co Ltd is a China-based company principally engaged in the passenger transportation business. The company is also involved in logistics and tourism. Hainan Strait Shipping Co. Ltd. has approximately 18 passenger ships in operation, with a total of more than 700 seats.

Hainan Strait Shipping Co (SZSE:002320) Headlines

No Headlines