Tong Ren Tang Technologies Co (HKSE:01666) Dividend Yield % : 3.21% (As of May. 29, 2024)

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What is Tong Ren Tang Technologies Co Dividend Yield %?

As of today (2024-05-29), the Trailing Annual Dividend Yield of Tong Ren Tang Technologies Co is 3.21%.

The historical rank and industry rank for Tong Ren Tang Technologies Co's Dividend Yield % or its related term are showing as below:

HKSE:01666' s Dividend Yield % Range Over the Past 10 Years
Min: 0.85 Med: 1.77 Max: 4.83
Current: 3.21

During the past 13 years, the highest Dividend Yield of Tong Ren Tang Technologies Co was 4.83%. The lowest was 0.85%. And the median was 1.77%.

HKSE:01666's Dividend Yield % is ranked better than
77.29% of 502 companies
in the Drug Manufacturers industry
Industry Median: 1.725 vs HKSE:01666: 3.21

Tong Ren Tang Technologies Co's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Tong Ren Tang Technologies Co was 0.53. The lowest was 0.31. And the median was 0.35.

As of today (2024-05-29), the Forward Dividend Yield % of Tong Ren Tang Technologies Co is 3.62%.

Tong Ren Tang Technologies Co's Dividends per Share for the six months ended in Dec. 2023 was HK$0.00.

During the past 3 years, the average Dividends Per Share Growth Rate was -2.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -2.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tong Ren Tang Technologies Co was 26.60% per year. The lowest was -4.00% per year. And the median was 6.20% per year.

The growth rate is calculated with least square regression.

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

Tong Ren Tang Technologies Co Dividend Yield % Historical Data

The historical data trend for Tong Ren Tang Technologies Co'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.

Tong Ren Tang Technologies Co Dividend Yield % Chart

Tong Ren Tang Technologies Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Yield %

Get a 7-Day Free Trial

2.67

3.59

2.32

3.33

2.68

Tong Ren Tang Technologies Co Semi-Annual Data
	Jun14	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															2.32	2.84	3.33	2.26	2.68

Competitive Comparison of Tong Ren Tang Technologies Co's Dividend Yield %

For the Drug Manufacturers - General subindustry, Tong Ren Tang Technologies Co'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.

Tong Ren Tang Technologies Co's Dividend Yield % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Tong Ren Tang Technologies Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Tong Ren Tang Technologies Co's Dividend Yield % falls into.

Tong Ren Tang Technologies Co Dividend Yield % Calculation

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

Tong Ren Tang Technologies Co Recent Full-Year* Dividend History

Amount	Ex-date	Record Date	Pay Date	Type	Frequency	Forex Rate
HKD 0.175761	2023-06-19	2023-06-21	2023-08-14	Cash Dividend	annually	HKD: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.

Tong Ren Tang Technologies Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield	=	Most Recent Full Year Dividend	/	Current Share Price
	=	0.175761	/	5.46
	=	3.22 %

Current Share Price is HK$5.46.
Tong Ren Tang Technologies Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is HK$0.175761.

Tong Ren Tang Technologies Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield	=	Forward Full Year Dividend	/	Current Share Price
	=	0.175761	/	5.46
	=	3.22 %

Current Share Price is HK$5.46.
Tong Ren Tang Technologies Co's Dividends per Share for the forward twelve months is calculated as HK$0.175761 * 1 = HK$0.175761.

Tong Ren Tang Technologies Co (HKSE:01666) 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.

Tong Ren Tang Technologies Co Dividend Yield % Related Terms

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Tong Ren Tang Technologies Co (HKSE:01666) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Tong Ren Tang Technologies Co Ltd (HKSE:01666) » Definitions » Dividend Yield %

Comparable Companies

Traded in Other Exchanges

TGRNF:USA TNG:Germany

Address

No. 16 Tongji Beilu, Beijing Economic and Technological Development Zone, Beijing, CHN

Website

https://www.tongrentangkj.com

Tong Ren Tang Technologies Co Ltd is engaged in the production and distribution of Chinese medicine and primarily operates in Mainland China and Hong Kong. The operating segments derive their revenue primarily from the manufacture and sale of Chinese medicine of the company in Mainland China and Tong Ren Tang Chinese Medicine and its subsidiaries engaged in manufacturing, retail, and wholesale of Chinese medicine products and healthcare products, and provision of Chinese medical consultation and treatments outside Mainland China and wholesale of healthcare products in Mainland China.

Executives

Citigroup Inc.	2502 Approved lending agent
Hillhouse Capital Advisors, Ltd.	2102 Investment manager
Aberdeen Asset Management Plc And Its Associates	2102 Investment manager

Tong Ren Tang Technologies Co (HKSE:01666) Headlines

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