SZSE:002902'
s Dividend Yield % Range Over the Past 10 Years
Min: 0.09 Med: 0.23 Max: 0.9
Current: 0.14
During the past 12 years, the highest Dividend Yield of Dongguan Mentech Optical & Magnetic Co was 0.90%. The lowest was 0.09%. And the median was 0.23%.
SZSE:002902's Dividend Yield % is ranked worse than 98.26% of 1382
companies
in the Hardware industry
Industry Median: 2.235
vs SZSE:002902: 0.14
During the past 12 years, the highest Dividend Payout Ratio of Dongguan Mentech Optical & Magnetic Co was 2.38. The lowest was 0.36. And the median was 1.49.
During the past 3 years, the average Dividends Per Share Growth Rate was -12.90% per year.
During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of Dongguan Mentech Optical & Magnetic Co was -12.90% per year. The lowest was -12.90% per year. And the median was -12.90% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Dongguan Mentech Optical & Magnetic Co Dividend Yield % Historical Data
* 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.
Dongguan Mentech Optical & Magnetic Co Dividend Yield % Chart
Dongguan Mentech Optical & Magnetic Co Annual Data
Competitive Comparison of Dongguan Mentech Optical & Magnetic Co's Dividend Yield %
For the Electronic Components subindustry, Dongguan Mentech Optical & Magnetic 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.
Dongguan Mentech Optical & Magnetic Co's Dividend Yield % Distribution in the Hardware Industry
* The bar in red indicates where Dongguan Mentech Optical & Magnetic Co's Dividend Yield % falls into.
Dongguan Mentech Optical & Magnetic Co Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Dongguan Mentech Optical & Magnetic Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CNY 0.033000
2023-06-14
2023-06-13
2023-06-14
Cash Dividend
annually
CNY: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.
* 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.
Dongguan Mentech Optical & Magnetic Co (SZSE:002902) 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.
Dongguan Mentech Optical & Magnetic Co Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Dongguan Mentech Optical & Magnetic Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Dongguan Mentech Optical & Magnetic Co (SZSE:002902) Business Description
Dongguan Mentech Optical & Magnetic Co Ltd is engaged in the research and development and manufacturing of magnetic and optical components and modules. The company has three key product lines: magnetic components, optical components and modules and new energy power supply systems. Its products are widely used in the access network, backbone, metro, fibre optic switches, fibre optic transceivers, digital television, optical communication, motherboards, network switches, routers, set-top boxes and network data communication industries. The company has an operational presence across Beijing, Hong Kong, Taiwan, USA, and Korea.
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