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Guangzhou Zhiguang Electric Co (SZSE:002169) Dividend Yield % : 1.84% (As of May. 28, 2024)


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What is Guangzhou Zhiguang Electric Co Dividend Yield %?

As of today (2024-05-28), the Trailing Annual Dividend Yield of Guangzhou Zhiguang Electric Co is 1.84%.

Good Sign:

Guangzhou Zhiguang Electric Co Ltd stock dividend yield is close to 3-year high.

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

SZSE:002169' s Dividend Yield % Range Over the Past 10 Years
Min: 0.08   Med: 0.89   Max: 2.38
Current: 1.84

During the past 13 years, the highest Dividend Yield of Guangzhou Zhiguang Electric Co was 2.38%. The lowest was 0.08%. And the median was 0.89%.

SZSE:002169's Dividend Yield % is ranked worse than
58.1% of 1370 companies
in the Hardware industry
Industry Median: 2.25 vs SZSE:002169: 1.84

Guangzhou Zhiguang Electric 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 Guangzhou Zhiguang Electric Co Ltd is 3.70, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Guangzhou Zhiguang Electric Co was 3.70. The lowest was 0.18. And the median was 0.73.

As of today (2024-05-28), the Forward Dividend Yield % of Guangzhou Zhiguang Electric Co is 1.84%.

Guangzhou Zhiguang Electric Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

During the past 3 years, the average Dividends Per Share Growth Rate was 49.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 16.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Guangzhou Zhiguang Electric Co was 81.70% per year. The lowest was -30.70% per year. And the median was 18.60% per year.

The growth rate is calculated with least square regression.

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


Guangzhou Zhiguang Electric Co Dividend Yield % Historical Data

The historical data trend for Guangzhou Zhiguang Electric 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.

Guangzhou Zhiguang Electric Co Dividend Yield % Chart

Guangzhou Zhiguang Electric 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 0.88 0.40 0.83 1.33 1.45

Guangzhou Zhiguang Electric 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 1.23 1.21 1.39 1.45 1.72

Competitive Comparison of Guangzhou Zhiguang Electric Co's Dividend Yield %

For the Electronic Components subindustry, Guangzhou Zhiguang Electric 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.


Guangzhou Zhiguang Electric Co's Dividend Yield % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Guangzhou Zhiguang Electric Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Guangzhou Zhiguang Electric Co's Dividend Yield % falls into.



Guangzhou Zhiguang Electric Co Dividend Yield % Calculation

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

Guangzhou Zhiguang Electric Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.1000002023-07-142023-07-132023-07-14Cash 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.

Guangzhou Zhiguang Electric Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.1/5.45
=1.83 %

Current Share Price is ¥5.45.
Guangzhou Zhiguang Electric Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.1.

Guangzhou Zhiguang Electric Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.1/5.45
=1.83 %

Current Share Price is ¥5.45.
Guangzhou Zhiguang Electric Co's Dividends per Share for the forward twelve months is calculated as ¥0.1 * 1 = ¥0.1.

* 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.


Guangzhou Zhiguang Electric Co  (SZSE:002169) 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.


Guangzhou Zhiguang Electric Co Dividend Yield % Related Terms

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Guangzhou Zhiguang Electric Co (SZSE:002169) Business Description

Traded in Other Exchanges
N/A
Address
No. 248 Wushan Road, Jinshan Building South Block, 3F, Tianhe District, Guangzhou, Guangdong, CHN, 510640
Guangzhou Zhiguang Electric Co Ltd is an integrated energy technology and service provider. It is engaged in the research, development, design, manufacture, and sale of electrical control equipment. Its products and services include motor control, power control, power transmission, energy utilization and energy conversion. In addition, the company also provides integrated energy services and related technology.
Executives
Jiang Xin Yu Executives
Lu Xiao Yang Supervisors
Rui Dong Yang Director
Han Wen Supervisors
Zheng Xiao Jun Director
Wang Sui Feng Executives
Li Yong Xi Director
Qiu Hua Supervisors
Liu Yong Supervisors
Yang Xu Executives
Wang Wei Hong Executives

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