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Hebei Yichen Industrial Group (HKSE:01596) Dividend Yield % : 1.57% (As of May. 14, 2024)


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What is Hebei Yichen Industrial Group Dividend Yield %?

As of today (2024-05-14), the Trailing Annual Dividend Yield of Hebei Yichen Industrial Group is 1.57%.

Good Sign:

Hebei Yichen Industrial Group Corp Ltd stock dividend yield is close to 3-year high.

The historical rank and industry rank for Hebei Yichen Industrial Group's Dividend Yield % or its related term are showing as below:

HKSE:01596' s Dividend Yield % Range Over the Past 10 Years
Min: 0.39   Med: 1.48   Max: 4.22
Current: 1.57

During the past 11 years, the highest Dividend Yield of Hebei Yichen Industrial Group was 4.22%. The lowest was 0.39%. And the median was 1.48%.

HKSE:01596's Dividend Yield % is ranked worse than
74.16% of 627 companies
in the Transportation industry
Industry Median: 2.96 vs HKSE:01596: 1.57

Hebei Yichen Industrial Group's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.00.

During the past 11 years, the highest Dividend Payout Ratio of Hebei Yichen Industrial Group was 0.82. The lowest was 0.09. And the median was 0.34.

As of today (2024-05-14), the Forward Dividend Yield % of Hebei Yichen Industrial Group is 0.31%.

Hebei Yichen Industrial Group's Dividends per Share for the six months ended in Dec. 2023 was HK$0.00.

During the past 12 months, Hebei Yichen Industrial Group's average Dividends Per Share Growth Rate was -9.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.60% per year.

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of Hebei Yichen Industrial Group was 8.60% per year. The lowest was -39.80% per year. And the median was -11.20% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Hebei Yichen Industrial Group Dividend Yield % Historical Data

The historical data trend for Hebei Yichen Industrial Group's Dividend Yield % can be seen below:

* 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.

* Premium members only.

Hebei Yichen Industrial Group Dividend Yield % Chart

Hebei Yichen Industrial Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.80 0.98 - 1.25 1.40

Hebei Yichen Industrial Group Semi-Annual Data
Dec13 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 1.44 1.25 1.32 1.40

Competitive Comparison of Hebei Yichen Industrial Group's Dividend Yield %

For the Railroads subindustry, Hebei Yichen Industrial Group's Dividend Yield %, along with its competitors' market caps and 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 Yichen Industrial Group's Dividend Yield % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hebei Yichen Industrial Group's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Hebei Yichen Industrial Group's Dividend Yield % falls into.



Hebei Yichen Industrial Group Dividend Yield % Calculation

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

Hebei Yichen Industrial Group Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
HKD 0.0560002023-05-312023-06-022023-07-20Cash DividendannuallyHKD:HKD 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 Yichen Industrial Group's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.056/3.54
=1.58 %

Current Share Price is HK$3.54.
Hebei Yichen Industrial Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is HK$0.056.

Hebei Yichen Industrial Group's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.056/3.54
=1.58 %

Current Share Price is HK$3.54.
Hebei Yichen Industrial Group's Dividends per Share for the forward twelve months is calculated as HK$0.056 * 1 = HK$0.056.

* 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 Yichen Industrial Group  (HKSE:01596) 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 Yichen Industrial Group Dividend Yield % Related Terms

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Hebei Yichen Industrial Group (HKSE:01596) Business Description

Traded in Other Exchanges
Address
No. 1 Yichen North Street, Gaocheng District, Hebei Province, Shijiazhuang, CHN
Hebei Yichen Industrial Group Corp Ltd is one of the leading rail fastening system providers in the PRC, with the business focusing on three business segments namely Rail Fastening System Products; Welding Wire Products; and Railway Sleeper Products. Its maximum revenue is generated by the Rail fastening system segment. Some of its product includes the Spring bar type IV fastener system; the WJ-7 type fastener system; the DT-VI2 fastener system; Double-layer nonlinear shock-absorbing fastener system; the Spring bar II type fastener system and others.

Hebei Yichen Industrial Group (HKSE:01596) Headlines

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