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Luxshare Precision Industry Co (SZSE:002475) Forward Dividend Yield % : 0.43% (As of May. 06, 2024)


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What is Luxshare Precision Industry Co Forward Dividend Yield %?

As of today (2024-05-06), the Forward Annual Dividend Yield of Luxshare Precision Industry Co is 0.43%.

As of today (2024-05-06), the Trailing Annual Dividend Yield of Luxshare Precision Industry Co is 0.43%.

SZSE:002475's Forward Dividend Yield % is ranked worse than
92.1% of 1342 companies
in the Hardware industry
Industry Median: 2.41 vs SZSE:002475: 0.43

Luxshare Precision Industry Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Luxshare Precision Industry Co's average Dividends Per Share Growth Rate was 18.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 2.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 39.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 37.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Luxshare Precision Industry Co was 71.00% per year. The lowest was -8.00% per year. And the median was 28.25% 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 Luxshare Precision Industry Co's Forward Dividend Yield %

For the Electronic Components subindustry, Luxshare Precision Industry 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.


Luxshare Precision Industry Co's Forward Dividend Yield % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Luxshare Precision Industry Co's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Luxshare Precision Industry Co's Forward Dividend Yield % falls into.



Luxshare Precision Industry Co Forward Dividend Yield % Calculation

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

Luxshare Precision Industry Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.1299662023-06-152023-06-142023-06-15Cash DividendannuallyCNY: 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.

Luxshare Precision Industry Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.129966/30.99
=0.42 %

Current Share Price is ¥30.99.
Luxshare Precision Industry Co's Dividends per Share for the forward twelve months is calculated as ¥0.129966 * 1 = ¥0.129966.

Luxshare Precision Industry Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.129966/30.99
=0.42 %

Current Share Price is ¥30.99.
Luxshare Precision Industry Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.129966.

* 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.


Luxshare Precision Industry Co  (SZSE:002475) 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.


Luxshare Precision Industry Co Forward Dividend Yield % Related Terms

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Luxshare Precision Industry Co (SZSE:002475) Business Description

Traded in Other Exchanges
N/A
Address
No.17 Kuiqing Road, Qinghuang Industrial Zone, Qingxi Town, Guangdong, Dongguan, CHN, 523650
Founded in 2004, Luxshare Precision is one of the world's largest manufacturers of cables and connectors and is a major supplier to Apple, which accounts for over 70% of sales. The company has since expanded production into other faster-growing consumer electronic components, such as speakers, haptic, cameras, PC docks, and wireless charging modules, as well as electronic manufacturing services for Apple's Watch and AirPods. Of Luxshare's 2022 sales, 84% is derived from the consumer electronics end market, while the remaining 16% is spread across the computer, communication and automobile verticals. Luxshare employs over 230,000 people and has manufacturing bases in China, India, and Vietnam.

Luxshare Precision Industry Co (SZSE:002475) Headlines

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