GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Zhejiang Heda Technology Co Ltd (SHSE:688296) » Definitions » Dividend Yield %

Zhejiang Heda Technology Co (SHSE:688296) Dividend Yield % : 1.44% (As of Jun. 04, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Zhejiang Heda Technology Co Dividend Yield %?

As of today (2024-06-04), the Trailing Annual Dividend Yield of Zhejiang Heda Technology Co is 1.44%.

The historical rank and industry rank for Zhejiang Heda Technology Co's Dividend Yield % or its related term are showing as below:

SHSE:688296' s Dividend Yield % Range Over the Past 10 Years
Min: 0.75   Med: 1.11   Max: 1.75
Current: 1.44

During the past 10 years, the highest Dividend Yield of Zhejiang Heda Technology Co was 1.75%. The lowest was 0.75%. And the median was 1.11%.

SHSE:688296's Dividend Yield % is ranked worse than
84.88% of 430 companies
in the Utilities - Regulated industry
Industry Median: 3.895 vs SHSE:688296: 1.44

Zhejiang Heda Technology 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 Zhejiang Heda Technology Co was 0.68. The lowest was 0.68. And the median was 0.68.

As of today (2024-06-04), the Forward Dividend Yield % of Zhejiang Heda Technology Co is 1.44%.

Zhejiang Heda Technology Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Zhejiang Heda Technology Co's average Dividends Per Share Growth Rate was -46.40% per year.

The growth rate is calculated with least square regression.

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


Zhejiang Heda Technology Co Dividend Yield % Historical Data

The historical data trend for Zhejiang Heda Technology 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.

Zhejiang Heda Technology Co Dividend Yield % Chart

Zhejiang Heda Technology Co Annual Data
Trend Dec12 Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.11 0.83

Zhejiang Heda Technology Co Quarterly Data
Dec17 Dec18 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 1.01 0.84 0.94 0.83 1.35

Competitive Comparison of Zhejiang Heda Technology Co's Dividend Yield %

For the Utilities - Regulated Water subindustry, Zhejiang Heda Technology 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.


Zhejiang Heda Technology Co's Dividend Yield % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Zhejiang Heda Technology Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Zhejiang Heda Technology Co's Dividend Yield % falls into.



Zhejiang Heda Technology Co Dividend Yield % Calculation

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

Zhejiang Heda Technology Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.1500002023-06-212023-06-202023-06-21Cash 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.

Zhejiang Heda Technology Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.15/10.16
=1.48 %

Current Share Price is ¥10.16.
Zhejiang Heda Technology Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.15.

Zhejiang Heda Technology Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.15/10.16
=1.48 %

Current Share Price is ¥10.16.
Zhejiang Heda Technology Co's Dividends per Share for the forward twelve months is calculated as ¥0.15 * 1 = ¥0.15.

* 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.


Zhejiang Heda Technology Co  (SHSE:688296) 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.


Zhejiang Heda Technology Co Dividend Yield % Related Terms

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


Zhejiang Heda Technology Co (SHSE:688296) Business Description

Traded in Other Exchanges
N/A
Address
36 Changsheng South Road, Building 18, Jiaxing Smart Industrial Innovation Park, Economic and Technological Development Zone, Zhejiang Province, Jiaxing, CHN, 314006
Zhejiang Heda Technology Co Ltd focuses on serving water supply, drainage, water conservancy, and agricultural drinking water.
Executives
Guo Jun Director
Wang Ya Ping senior management
Zhu Ji Xin Director
Zhang Hai Hua Director
Wang Xiao Peng Director
Yang Hai Feng Core technical personnel

Zhejiang Heda Technology Co (SHSE:688296) Headlines

No Headlines