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Zhejiang Nhu Co (SZSE:002001) Forward Dividend Yield % : 2.31% (As of May. 24, 2024)


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What is Zhejiang Nhu Co Forward Dividend Yield %?

As of today (2024-05-24), the Forward Annual Dividend Yield of Zhejiang Nhu Co is 2.31%.

As of today (2024-05-24), the Trailing Annual Dividend Yield of Zhejiang Nhu Co is 2.56%.

SZSE:002001's Forward Dividend Yield % is ranked better than
66.39% of 482 companies
in the Drug Manufacturers industry
Industry Median: 1.855 vs SZSE:002001: 2.31

Zhejiang Nhu Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Zhejiang Nhu Co's average Dividends Per Share Growth Rate was -28.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 12.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 12.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 20.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Zhejiang Nhu Co was 177.60% per year. The lowest was -15.50% per year. And the median was 19.30% 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 Zhejiang Nhu Co's Forward Dividend Yield %

For the Drug Manufacturers - Specialty & Generic subindustry, Zhejiang Nhu 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.


Zhejiang Nhu Co's Forward Dividend Yield % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Zhejiang Nhu Co's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Zhejiang Nhu Co's Forward Dividend Yield % falls into.



Zhejiang Nhu Co Forward Dividend Yield % Calculation

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

Zhejiang Nhu Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.5000002023-06-142023-06-132023-06-14Cash 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.

Zhejiang Nhu Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.5/19.33
=2.59 %

Current Share Price is ¥19.33.
Zhejiang Nhu Co's Dividends per Share for the forward twelve months is calculated as ¥0.5 * 1 = ¥0.5.

Zhejiang Nhu Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.5/19.33
=2.59 %

Current Share Price is ¥19.33.
Zhejiang Nhu Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.5.

* 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.


Zhejiang Nhu Co  (SZSE:002001) 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.


Zhejiang Nhu Co Forward Dividend Yield % Related Terms

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Zhejiang Nhu Co (SZSE:002001) Business Description

Traded in Other Exchanges
N/A
Address
No. 4 Jiangbei Road, Yulin Street, Xinchang County, Zhejiang Province, Shaoxing, CHN, 312500
Zhejiang Nhu Co Ltd is a China-based company engaged in the manufacture and sales of pharmaceuticals, health protection products, pharmaceutical intermediates, fragrances, food additives and feed additives. The company's active pharmaceutical ingredient products cover various areas such as Cardiovascular, Anti-AIDS, Anti-cancer and Anti-bacterial with key products such as Latamoxef Sodium, Flomoxef Sodium, Hydrochloride Moxifloxacin, Artemisinin series, Calcium Keto acid series, Vitamin A/E/D3 and coenzyme Q10 and others. The other business areas are Aroma chemicals, Polymers, and Nutrition. The organization markets its products in China and internationally.

Zhejiang Nhu Co (SZSE:002001) Headlines

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