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Precision Tsugami (China) (HKSE:01651) Dividend Yield % : 8.42% (As of May. 12, 2024)


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What is Precision Tsugami (China) Dividend Yield %?

As of today (2024-05-12), the Trailing Annual Dividend Yield of Precision Tsugami (China) is 8.42%.

The historical rank and industry rank for Precision Tsugami (China)'s Dividend Yield % or its related term are showing as below:

HKSE:01651' s Dividend Yield % Range Over the Past 10 Years
Min: 2.63   Med: 5.1   Max: 10.79
Current: 8.42

During the past 9 years, the highest Dividend Yield of Precision Tsugami (China) was 10.79%. The lowest was 2.63%. And the median was 5.10%.

HKSE:01651's Dividend Yield % is ranked better than
98.06% of 1854 companies
in the Industrial Products industry
Industry Median: 1.75 vs HKSE:01651: 8.42

Precision Tsugami (China)'s Dividend Payout Ratio for the six months ended in Sep. 2023 was 0.64.

During the past 9 years, the highest Dividend Payout Ratio of Precision Tsugami (China) was 0.66. The lowest was 0.25. And the median was 0.35.

As of today (2024-05-12), the Forward Dividend Yield % of Precision Tsugami (China) is 8.42%.

Precision Tsugami (China)'s Dividends per Share for the six months ended in Sep. 2023 was HK$0.40.

During the past 12 months, Precision Tsugami (China)'s average Dividends Per Share Growth Rate was 2.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 39.80% per year.

During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of Precision Tsugami (China) was 39.80% per year. The lowest was 21.20% per year. And the median was 30.50% per year.

The growth rate is calculated with least square regression.

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


Precision Tsugami (China) Dividend Yield % Historical Data

The historical data trend for Precision Tsugami (China)'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.

Precision Tsugami (China) Dividend Yield % Chart

Precision Tsugami (China) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only 3.95 4.96 3.25 7.22 10.05

Precision Tsugami (China) Semi-Annual Data
Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 3.85 7.22 10.28 10.05 9.94

Competitive Comparison of Precision Tsugami (China)'s Dividend Yield %

For the Tools & Accessories subindustry, Precision Tsugami (China)'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.


Precision Tsugami (China)'s Dividend Yield % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Precision Tsugami (China)'s Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Precision Tsugami (China)'s Dividend Yield % falls into.



Precision Tsugami (China) Dividend Yield % Calculation

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

Precision Tsugami (China) Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
HKD 0.4000002023-12-062023-12-082024-01-12Cash Dividendsemi-annuallyHKD:HKD 1.000000
HKD 0.4000002023-08-222023-08-242023-09-15Cash Dividendsemi-annuallyHKD:HKD 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.

Precision Tsugami (China)'s Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.8/9.50
=8.42 %

Current Share Price is HK$9.50.
Precision Tsugami (China)'s Dividends per Share for the trailing twelve months (TTM) ended in Today is HK$0.8.

Precision Tsugami (China)'s Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.8/9.50
=8.42 %

Current Share Price is HK$9.50.
Precision Tsugami (China)'s Dividends per Share for the forward twelve months is calculated as HK$0.4 * 2 = HK$0.8.

* 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.


Precision Tsugami (China)  (HKSE:01651) 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.


Precision Tsugami (China) Dividend Yield % Related Terms

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Precision Tsugami (China) (HKSE:01651) Business Description

Traded in Other Exchanges
N/A
Address
No. 2001 Pingcheng Road, Pinghu Economic-Technological Development Zone, Zhejiang Province, Pinghu, CHN, 314200
Precision Tsugami (China) Corp Ltd is engaged in the manufacturing and distribution of computer numerical control (CNC) high precision machine tools; and the provision of commercial consultation services. It manufactures and sells CNC machine tools including Precision lathes, Precision machining centres, Precision thread and form rolling machines and Precision grinding machines under the TSUGAMI brand. The company only has one reportable operating segment which is the manufacture and sale of high precision CNC machine tools. Its products are mainly for the Chinese market and are also sold to Japan, Europe, the US, Southeast Asia and other countries.

Precision Tsugami (China) (HKSE:01651) Headlines

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