GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Luster LightTech Co Ltd (SHSE:688400) » Definitions » Dividend Yield %

Luster LightTech Co (SHSE:688400) Dividend Yield % : 0.74% (As of May. 27, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Luster LightTech Co Dividend Yield %?

As of today (2024-05-27), the Trailing Annual Dividend Yield of Luster LightTech Co is 0.74%.

Good Sign:

Luster LightTech Co Ltd stock dividend yield is close to 1-year high.

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

SHSE:688400' s Dividend Yield % Range Over the Past 10 Years
Min: 0.41   Med: 0.52   Max: 0.77
Current: 0.74

During the past 6 years, the highest Dividend Yield of Luster LightTech Co was 0.77%. The lowest was 0.41%. And the median was 0.52%.

SHSE:688400's Dividend Yield % is ranked worse than
76.78% of 1873 companies
in the Industrial Products industry
Industry Median: 1.76 vs SHSE:688400: 0.74

Luster LightTech Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

During the past 6 years, the highest Dividend Payout Ratio of Luster LightTech Co was 0.48. The lowest was 0.38. And the median was 0.48.

As of today (2024-05-27), the Forward Dividend Yield % of Luster LightTech Co is 0.74%.

Luster LightTech Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

The growth rate is calculated with least square regression.

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


Luster LightTech Co Dividend Yield % Historical Data

The historical data trend for Luster LightTech 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.

Luster LightTech Co Dividend Yield % Chart

Luster LightTech Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial - - - - 0.46

Luster LightTech Co Quarterly Data
Dec18 Dec19 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 - 0.41 0.50 0.46 0.60

Competitive Comparison of Luster LightTech Co's Dividend Yield %

For the Specialty Industrial Machinery subindustry, Luster LightTech 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.


Luster LightTech Co's Dividend Yield % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Luster LightTech Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Luster LightTech Co's Dividend Yield % falls into.



Luster LightTech Co Dividend Yield % Calculation

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

Luster LightTech Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.1250002023-06-202023-06-192023-06-20Cash 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.

Luster LightTech Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.125/16.61
=0.75 %

Current Share Price is ¥16.61.
Luster LightTech Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.125.

Luster LightTech Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.125/16.61
=0.75 %

Current Share Price is ¥16.61.
Luster LightTech Co's Dividends per Share for the forward twelve months is calculated as ¥0.125 * 1 = ¥0.125.

* 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.


Luster LightTech Co  (SHSE:688400) 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.


Luster LightTech Co Dividend Yield % Related Terms

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


Luster LightTech Co (SHSE:688400) Business Description

Traded in Other Exchanges
N/A
Address
Cuihu South Ring Road, Room 701, 7th Floor, Building 7, Yard 13, Haidian District, Beijing, CHN, 100094
Luster LightTech Co Ltd is based on optical technology innovation, develops business around machine vision and fiber optics, and is committed to becoming a global leader in the field of visual artificial intelligence and optoelectronic information.
Executives
Yin Yong Qiang senior management
Wang Wen Tao Directors, senior managers

Luster LightTech Co (SHSE:688400) Headlines

No Headlines