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Shandong Weifang Rainbow Chemical Co (SZSE:301035) Dividend Yield % : 2.90% (As of May. 14, 2024)


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What is Shandong Weifang Rainbow Chemical Co Dividend Yield %?

As of today (2024-05-14), the Trailing Annual Dividend Yield of Shandong Weifang Rainbow Chemical Co is 2.90%.

Good Sign:

Shandong Weifang Rainbow Chemical Co Ltd stock dividend yield is close to 3-year high.

The historical rank and industry rank for Shandong Weifang Rainbow Chemical Co's Dividend Yield % or its related term are showing as below:

SZSE:301035' s Dividend Yield % Range Over the Past 10 Years
Min: 0.7   Med: 1.14   Max: 2.99
Current: 2.9

During the past 10 years, the highest Dividend Yield of Shandong Weifang Rainbow Chemical Co was 2.99%. The lowest was 0.70%. And the median was 1.14%.

SZSE:301035's Dividend Yield % is ranked better than
53.12% of 160 companies
in the Agriculture industry
Industry Median: 2.725 vs SZSE:301035: 2.90

Shandong Weifang Rainbow Chemical 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 Shandong Weifang Rainbow Chemical Co was 0.60. The lowest was 0.16. And the median was 0.16.

As of today (2024-05-14), the Forward Dividend Yield % of Shandong Weifang Rainbow Chemical Co is 0.00%.

Shandong Weifang Rainbow Chemical Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Shandong Weifang Rainbow Chemical Co's average Dividends Per Share Growth Rate was 95.70% per year.

The growth rate is calculated with least square regression.

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


Shandong Weifang Rainbow Chemical Co Dividend Yield % Historical Data

The historical data trend for Shandong Weifang Rainbow Chemical 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.

Shandong Weifang Rainbow Chemical Co Dividend Yield % Chart

Shandong Weifang Rainbow Chemical 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 - - 0.93 0.95 2.33

Shandong Weifang Rainbow Chemical Co Quarterly Data
Dec18 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 1.22 2.07 2.28 2.33 2.45

Competitive Comparison of Shandong Weifang Rainbow Chemical Co's Dividend Yield %

For the Agricultural Inputs subindustry, Shandong Weifang Rainbow Chemical 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.


Shandong Weifang Rainbow Chemical Co's Dividend Yield % Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Shandong Weifang Rainbow Chemical Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Shandong Weifang Rainbow Chemical Co's Dividend Yield % falls into.



Shandong Weifang Rainbow Chemical Co Dividend Yield % Calculation

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


Shandong Weifang Rainbow Chemical Co  (SZSE:301035) 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.


Shandong Weifang Rainbow Chemical Co Dividend Yield % Related Terms

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Shandong Weifang Rainbow Chemical Co (SZSE:301035) Business Description

Traded in Other Exchanges
N/A
Address
No. 03001, Chlor-Alkali Road, Binhai Economic Development Zone, Shandong Province, Weifang, CHN, 262737
Shandong Weifang Rainbow Chemical Co Ltd is a crop protection company. It produces, distributes and markets agrochemicals.

Shandong Weifang Rainbow Chemical Co (SZSE:301035) Headlines

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