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Snowskylt Industry Group Co (SHSE:600929) Dividend Yield % : 4.24% (As of May. 29, 2024)


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What is Snowskylt Industry Group Co Dividend Yield %?

As of today (2024-05-29), the Trailing Annual Dividend Yield of Snowskylt Industry Group Co is 4.24%.

The historical rank and industry rank for Snowskylt Industry Group Co's Dividend Yield % or its related term are showing as below:

SHSE:600929' s Dividend Yield % Range Over the Past 10 Years
Min: 0.24   Med: 0.99   Max: 4.95
Current: 4.24

During the past 10 years, the highest Dividend Yield of Snowskylt Industry Group Co was 4.95%. The lowest was 0.24%. And the median was 0.99%.

SHSE:600929's Dividend Yield % is ranked better than
82.84% of 1055 companies
in the Chemicals industry
Industry Median: 1.9 vs SHSE:600929: 4.24

Snowskylt Industry Group Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

During the past 10 years, the highest Dividend Payout Ratio of Snowskylt Industry Group Co was 0.60. The lowest was 0.13. And the median was 0.35.

As of today (2024-05-29), the Forward Dividend Yield % of Snowskylt Industry Group Co is 4.24%.

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

During the past 12 months, Snowskylt Industry Group Co's average Dividends Per Share Growth Rate was 25.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 145.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 47.70% per year.

During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of Snowskylt Industry Group Co was 145.00% per year. The lowest was 14.70% per year. And the median was 62.00% per year.

The growth rate is calculated with least square regression.

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


Snowskylt Industry Group Co Dividend Yield % Historical Data

The historical data trend for Snowskylt Industry Group 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.

Snowskylt Industry Group Co Dividend Yield % Chart

Snowskylt Industry Group Co 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 0.72 0.31 1.07 2.50 3.88

Snowskylt Industry Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.44 3.15 3.79 3.88 4.39

Competitive Comparison of Snowskylt Industry Group Co's Dividend Yield %

For the Chemicals subindustry, Snowskylt Industry Group 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.


Snowskylt Industry Group Co's Dividend Yield % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Snowskylt Industry Group Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Snowskylt Industry Group Co's Dividend Yield % falls into.



Snowskylt Industry Group Co Dividend Yield % Calculation

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

Snowskylt Industry Group Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.2500002023-06-052023-06-022023-06-05Cash 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.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.25/5.89
=4.24 %

Current Share Price is ¥5.89.
Snowskylt Industry Group Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.25.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.25/5.89
=4.24 %

Current Share Price is ¥5.89.
Snowskylt Industry Group Co's Dividends per Share for the forward twelve months is calculated as ¥0.25 * 1 = ¥0.25.

* 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.


Snowskylt Industry Group Co  (SHSE:600929) 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.


Snowskylt Industry Group Co Dividend Yield % Related Terms

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


Snowskylt Industry Group Co (SHSE:600929) Business Description

Traded in Other Exchanges
N/A
Address
No. 519 Jianxiang Road, Furong District, Hunan Province, Changsha, CHN, 410005
Snowsky Salt Industry Group Co Ltd formerly known as Hunan Salt Industry Co Ltd is mainly engaged in the production and sale of salt products. The main products include salt, small industrial salt, daily chemical salt and others.
Executives
Zhou Jian Director
Wang Ha Bin Director
Liu Shao Hua senior management
Wang Zhi Hui Supervisors
Li Peng Supervisors
Jiang You Jun senior management
Zhou Qun Hui senior management
Yang Li Shu senior management
Li Li Qun Supervisors
Liu Xiao Wei senior management
Li Ying Director
Chen Quan Sheng Director
Wu Rong Dou Director
Liu Xiao Zuo Director

Snowskylt Industry Group Co (SHSE:600929) Headlines

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