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Qianhe Condiment and Food Co (SHSE:603027) Forward Dividend Yield % : 1.96% (As of May. 27, 2024)


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What is Qianhe Condiment and Food Co Forward Dividend Yield %?

As of today (2024-05-27), the Forward Annual Dividend Yield of Qianhe Condiment and Food Co is 1.96%.

As of today (2024-05-27), the Trailing Annual Dividend Yield of Qianhe Condiment and Food Co is 1.96%.

SHSE:603027's Forward Dividend Yield % is ranked worse than
60.26% of 1087 companies
in the Consumer Packaged Goods industry
Industry Median: 2.52 vs SHSE:603027: 1.96

Qianhe Condiment and Food Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.20.

During the past 12 months, Qianhe Condiment and Food Co's average Dividends Per Share Growth Rate was 266.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 19.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 13.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Qianhe Condiment and Food Co was 63.00% per year. The lowest was 2.50% per year. And the median was 19.70% per year.

The growth rate is calculated with least square regression.

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


Competitive Comparison of Qianhe Condiment and Food Co's Forward Dividend Yield %

For the Packaged Foods subindustry, Qianhe Condiment and Food Co'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.


Qianhe Condiment and Food Co's Forward Dividend Yield % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Qianhe Condiment and Food Co's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Qianhe Condiment and Food Co's Forward Dividend Yield % falls into.



Qianhe Condiment and Food Co Forward Dividend Yield % Calculation

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

Qianhe Condiment and Food Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.2000002024-03-182024-03-152024-03-18Cash Dividendsemi-annuallyCNY:CNY 1.000000
CNY 0.1080002023-06-202023-06-192023-06-20Cash 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.

Qianhe Condiment and Food Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.4/15.84
=2.53 %

Current Share Price is ¥15.84.
Qianhe Condiment and Food Co's Dividends per Share for the forward twelve months is calculated as ¥0.2 * 2 = ¥0.4.

Qianhe Condiment and Food Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.308/15.84
=1.94 %

Current Share Price is ¥15.84.
Qianhe Condiment and Food Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.308.

* 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.


Qianhe Condiment and Food Co  (SHSE:603027) 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.


Qianhe Condiment and Food Co Forward Dividend Yield % Related Terms

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Qianhe Condiment and Food Co (SHSE:603027) Business Description

Traded in Other Exchanges
N/A
Address
South China Min Hongjiadu, Dongpo District, Sichuan, Meishan, CHN
Qianhe Condiment and Food Co Ltd manufacture and sells various food additives in China. It provides soy sauce, rice vinegar and wine, onion ginger and cooking wine, and other spices.
Executives
He Tian Kui Directors, senior managers
Lv Ke Lin senior management
Xu Yi Directors, senior managers
Huang Gang Directors, senior managers
Wu Jian Yong Director
Wu Chao Qun Director
Liu De Hua Director
Cao Hong Director
Hu Gao Hong Director
Wu Xue Ming Director

Qianhe Condiment and Food Co (SHSE:603027) Headlines

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