Tongcheng Travel Holdings (HKSE:00780) Forward Dividend Yield % : 0.68% (As of May. 13, 2024)

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What is Tongcheng Travel Holdings Forward Dividend Yield %?

As of today (2024-05-13), the Forward Annual Dividend Yield of Tongcheng Travel Holdings is 0.68%.

As of today (2024-05-13), the Trailing Annual Dividend Yield of Tongcheng Travel Holdings is 0.00%.

HKSE:00780's Forward Dividend Yield % is ranked worse than
86.29% of 350 companies
in the Travel & Leisure industry
Industry Median: 2.41 vs HKSE:00780: 0.68

Tongcheng Travel Holdings's Dividends per Share for the three months ended in Dec. 2023 was HK$0.00.

The growth rate is calculated with least square regression.

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

Competitive Comparison of Tongcheng Travel Holdings's Forward Dividend Yield %

For the Travel Services subindustry, Tongcheng Travel Holdings's Forward Dividend Yield %, along with its competitors' market caps and Forward 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.

Tongcheng Travel Holdings's Forward Dividend Yield % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Tongcheng Travel Holdings's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Tongcheng Travel Holdings's Forward Dividend Yield % falls into.

Tongcheng Travel Holdings Forward Dividend Yield % Calculation

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

Tongcheng Travel Holdings (HKSE:00780) Forward 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.

Tongcheng Travel Holdings Forward Dividend Yield % Related Terms

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Tongcheng Travel Holdings (HKSE:00780) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Tongcheng Travel Holdings Ltd (HKSE:00780) » Definitions » Forward Dividend Yield %

Comparable Companies

Traded in Other Exchanges

TEM:Germany

Address

No. 188, Yuxin Road, Tongcheng Mansion, Suzhou Industrial Park, Jiangsu, CHN

Website

https://www.tongchengir.com

Tongcheng Travel is an online travel agency platform that provides booking services for hotel and ticketing in China. It generated 88% of its revenue from accommodation reservations and transportation ticketing in the third quarter of 2022. The rest came from advertising and in-house software sales. The platform provides both online and offline services in the form of call centers. Tongcheng Travel was formed from the merger of Tongcheng Network and eLong in 2018. It is currently 21.38% owned by Tencent and 20.86% by Trip.com. Tongcheng targets lower-tier cities and as of 2021, 86.7% of its users are from non-first-tier cities in China and 61.7% of new paying users on Weixin were from Tier 3 or below cities in China. The company competes with Trip.com, Alibaba's Fliggy, and Meituan.

Tongcheng Travel Holdings (HKSE:00780) Headlines

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