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Western Securities Co (SZSE:002673) Forward Dividend Yield % : 0.70% (As of May. 22, 2024)


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What is Western Securities Co Forward Dividend Yield %?

As of today (2024-05-22), the Forward Annual Dividend Yield of Western Securities Co is 0.70%.

As of today (2024-05-22), the Trailing Annual Dividend Yield of Western Securities Co is 0.70%.

SZSE:002673's Forward Dividend Yield % is ranked worse than
86.42% of 346 companies
in the Capital Markets industry
Industry Median: 2.48 vs SZSE:002673: 0.70

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

During the past 12 months, Western Securities Co's average Dividends Per Share Growth Rate was -54.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -8.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 0.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Western Securities Co was 83.60% per year. The lowest was -32.90% per year. And the median was 2.00% 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 Western Securities Co's Forward Dividend Yield %

For the Capital Markets subindustry, Western Securities 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.


Western Securities Co's Forward Dividend Yield % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Western Securities Co's Forward Dividend Yield % distribution charts can be found below:

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



Western Securities Co Forward Dividend Yield % Calculation

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

Western Securities Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.0490002023-06-282023-06-272023-06-28Cash 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.

Western Securities Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.049/7.02
=0.70 %

Current Share Price is ¥7.02.
Western Securities Co's Dividends per Share for the forward twelve months is calculated as ¥0.049 * 1 = ¥0.049.

Western Securities Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.049/7.02
=0.70 %

Current Share Price is ¥7.02.
Western Securities Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.049.

* 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.


Western Securities Co  (SZSE:002673) 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.


Western Securities Co Forward Dividend Yield % Related Terms

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Western Securities Co (SZSE:002673) Business Description

Traded in Other Exchanges
N/A
Address
No. 319, Dongxin Street, Room 10000, Building 8, Xincheng District, Shaanxi, Xian, CHN, 710004
Western Securities Co Ltd is a securities institution in northwest China. It offers securities brokerage, investment banking, asset management, securities research, and securities financing and margin services, as well as independent services. Geographically all the activities are carried out through China.

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