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Wuhan DR Laser Technology (SZSE:300776) Forward Dividend Yield % : 0.67% (As of Jun. 05, 2024)


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What is Wuhan DR Laser Technology Forward Dividend Yield %?

As of today (2024-06-05), the Forward Annual Dividend Yield of Wuhan DR Laser Technology is 0.67%.

As of today (2024-06-05), the Trailing Annual Dividend Yield of Wuhan DR Laser Technology is 0.67%.

SZSE:300776's Forward Dividend Yield % is ranked worse than
80.59% of 1834 companies
in the Industrial Products industry
Industry Median: 1.93 vs SZSE:300776: 0.67

Wuhan DR Laser Technology's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Wuhan DR Laser Technology's average Dividends Per Share Growth Rate was 0.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 56.80% per year.

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of Wuhan DR Laser Technology was 56.80% per year. The lowest was 56.70% per year. And the median was 56.75% 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 Wuhan DR Laser Technology's Forward Dividend Yield %

For the Specialty Industrial Machinery subindustry, Wuhan DR Laser Technology'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.


Wuhan DR Laser Technology's Forward Dividend Yield % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wuhan DR Laser Technology's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Wuhan DR Laser Technology's Forward Dividend Yield % falls into.



Wuhan DR Laser Technology Forward Dividend Yield % Calculation

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

Wuhan DR Laser Technology Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.3500002024-05-302024-05-292024-05-30Cash DividendannuallyCNY:CNY 1.000000
CNY 0.4700002023-06-152023-06-142023-06-15Cash 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.

Wuhan DR Laser Technology's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.35/52.28
=0.67 %

Current Share Price is ¥52.28.
Wuhan DR Laser Technology's Dividends per Share for the forward twelve months is calculated as ¥0.35 * 1 = ¥0.35.

Wuhan DR Laser Technology's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.82/52.28
=1.57 %

Current Share Price is ¥52.28.
Wuhan DR Laser Technology's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.82.

* 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.


Wuhan DR Laser Technology  (SZSE:300776) 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.


Wuhan DR Laser Technology Forward Dividend Yield % Related Terms

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Wuhan DR Laser Technology (SZSE:300776) Business Description

Traded in Other Exchanges
N/A
Address
No. 4, Road 2 Huashi Park, Optical Valley, East Lake High-tech Development Zone, Wuhan, CHN, 430223
Wuhan DR Laser Technology Corp Ltd is a laser equipment manufacturer. The company develops, manufactures, sales and serves the laser equipments focused on solar cell applications. It also provides the customer with various of laser related equipment such as the ITO Laser Machine, Laser Cutting and Drilling for OGS Screen Glass and Ceramic Plate Cutting.
Executives
Duan Xiao Ting Directors, executives
Li Zhi Gang Directors, executives
Liu Zhi Bo Directors, executives
Zhu Fan Directors, executives
Peng Xin Bo Supervisors

Wuhan DR Laser Technology (SZSE:300776) Headlines

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