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Anhui Coreach Technology Co (SZSE:002983) Dividend Yield % : 1.17% (As of Jun. 05, 2024)


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What is Anhui Coreach Technology Co Dividend Yield %?

As of today (2024-06-05), the Trailing Annual Dividend Yield of Anhui Coreach Technology Co is 1.17%.

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

SZSE:002983' s Dividend Yield % Range Over the Past 10 Years
Min: 0.69   Med: 1.09   Max: 2.03
Current: 1.17

During the past 9 years, the highest Dividend Yield of Anhui Coreach Technology Co was 2.03%. The lowest was 0.69%. And the median was 1.09%.

SZSE:002983's Dividend Yield % is ranked worse than
72% of 1382 companies
in the Hardware industry
Industry Median: 2.235 vs SZSE:002983: 1.17

Anhui Coreach Technology Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

During the past 9 years, the highest Dividend Payout Ratio of Anhui Coreach Technology Co was 0.75. The lowest was 0.29. And the median was 0.44.

As of today (2024-06-05), the Forward Dividend Yield % of Anhui Coreach Technology Co is 1.17%.

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

During the past 12 months, Anhui Coreach Technology Co's average Dividends Per Share Growth Rate was 24.00% per year.

The growth rate is calculated with least square regression.

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


Anhui Coreach Technology Co Dividend Yield % Historical Data

The historical data trend for Anhui Coreach 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.

Anhui Coreach Technology Co Dividend Yield % Chart

Anhui Coreach Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only - - 1.02 1.17 0.80

Anhui Coreach Technology 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 0.92 1.00 0.96 0.80 1.01

Competitive Comparison of Anhui Coreach Technology Co's Dividend Yield %

For the Electronic Components subindustry, Anhui Coreach 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.


Anhui Coreach Technology Co's Dividend Yield % Distribution in the Hardware Industry

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

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



Anhui Coreach Technology Co Dividend Yield % Calculation

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

Anhui Coreach Technology Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.2478152023-06-212023-06-202023-06-21Cash 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.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.247815/20.65
=1.20 %

Current Share Price is ¥20.65.
Anhui Coreach Technology Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.247815.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.247815/20.65
=1.20 %

Current Share Price is ¥20.65.
Anhui Coreach Technology Co's Dividends per Share for the forward twelve months is calculated as ¥0.247815 * 1 = ¥0.247815.

* 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.


Anhui Coreach Technology Co  (SZSE:002983) 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.


Anhui Coreach Technology Co Dividend Yield % Related Terms

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Anhui Coreach Technology Co (SZSE:002983) Business Description

Traded in Other Exchanges
N/A
Address
6988 Fangxing Avenue, Xinruida Technology Park, Hefei Economic and Technological Development Zone, Anhui Province, Hefei, CHN, 230000
Anhui Coreach Technology Co Ltd is engaged in research and development, production and sales of new display photoelectric systems and healthy intelligent light source systems. The company develops and promotes a series of technical schemes such as high light efficiency backlight module design, ultra-light and thin backlight module technology, high color gamut display technology, blue light reduction and eye protection display technology. Its products portfolio includes Side - in backlight, Straight Down Backlight, Miniled Backlight, Household Lighting, Commercial Lighting, Education Lighting, Backlight LED, Lighting LED, and Special LED.
Executives
Li Quan Yong Directors, executives
Lv Guo Qiang Independent director
Wang Peng Sheng Executives

Anhui Coreach Technology Co (SZSE:002983) Headlines

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