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Joinn Laboratories (China) Co (SHSE:603127) Dividend Yield % : 2.21% (As of May. 08, 2024)


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What is Joinn Laboratories (China) Co Dividend Yield %?

As of today (2024-05-08), the Trailing Annual Dividend Yield of Joinn Laboratories (China) Co is 2.21%.

The historical rank and industry rank for Joinn Laboratories (China) Co's Dividend Yield % or its related term are showing as below:

SHSE:603127' s Dividend Yield % Range Over the Past 10 Years
Min: 0.13   Med: 0.34   Max: 2.57
Current: 2.21

During the past 12 years, the highest Dividend Yield of Joinn Laboratories (China) Co was 2.57%. The lowest was 0.13%. And the median was 0.34%.

SHSE:603127's Dividend Yield % is ranked better than
52.78% of 72 companies
in the Medical Diagnostics & Research industry
Industry Median: 2.015 vs SHSE:603127: 2.21

Joinn Laboratories (China) Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Joinn Laboratories (China) Co Ltd is 1.90, which seems too high.

During the past 12 years, the highest Dividend Payout Ratio of Joinn Laboratories (China) Co was 1.90. The lowest was 0.18. And the median was 0.21.

As of today (2024-05-08), the Forward Dividend Yield % of Joinn Laboratories (China) Co is 2.21%.

Joinn Laboratories (China) Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Joinn Laboratories (China) Co's average Dividends Per Share Growth Rate was 55.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 65.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 60.00% per year.

During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of Joinn Laboratories (China) Co was 66.20% per year. The lowest was 47.40% per year. And the median was 65.00% per year.

The growth rate is calculated with least square regression.

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


Joinn Laboratories (China) Co Dividend Yield % Historical Data

The historical data trend for Joinn Laboratories (China) 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.

Joinn Laboratories (China) Co Dividend Yield % Chart

Joinn Laboratories (China) 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 0.37 0.24 0.22 0.61 1.69

Joinn Laboratories (China) 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 0.69 0.88 1.68 1.69 2.21

Competitive Comparison of Joinn Laboratories (China) Co's Dividend Yield %

For the Diagnostics & Research subindustry, Joinn Laboratories (China) 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.


Joinn Laboratories (China) Co's Dividend Yield % Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Joinn Laboratories (China) Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Joinn Laboratories (China) Co's Dividend Yield % falls into.



Joinn Laboratories (China) Co Dividend Yield % Calculation

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

Joinn Laboratories (China) Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.4000002023-07-252023-07-242023-07-25Cash 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.

Joinn Laboratories (China) Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.4/18.00
=2.22 %

Current Share Price is ¥18.00.
Joinn Laboratories (China) Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.4.

Joinn Laboratories (China) Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.4/18.00
=2.22 %

Current Share Price is ¥18.00.
Joinn Laboratories (China) Co's Dividends per Share for the forward twelve months is calculated as ¥0.4 * 1 = ¥0.4.

* 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.


Joinn Laboratories (China) Co  (SHSE:603127) 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.


Joinn Laboratories (China) Co Dividend Yield % Related Terms

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Joinn Laboratories (China) Co (SHSE:603127) Business Description

Traded in Other Exchanges
Address
A5 Rongjing East Street, Beijing Economic-Technological Development Area, Beijing, CHN, 100176
Joinn Laboratories (China) Co Ltd is a non-clinical contract research organization(CRO) focused on drug safety assessment. It operates in three segments: Non-clinical studies services include drug safety assessment, drug metabolism & pharmacokinetics (DMPK) studies, & pharmacology & efficacy studies; Clinical trial & related services segment provides early-stage services such as clinical CRO services, co-managed phase I clinical research units, & bioanalytical services, and: Sales of research models engages in the design, production, breeding, & sales of research models, currently including non-human primates and rodents. The majority is from the Non- Clinical studies services. Its geographical segments are China, the United States, and Other countries, of which the majority is from China.

Joinn Laboratories (China) Co (SHSE:603127) Headlines

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