As of today (2024-05-25), the Trailing Annual Dividend Yield of Zhende Medical Co is 6.95%.
The historical rank and industry rank for Zhende Medical Co's Dividend Yield % or its related term are showing as below:
SHSE:603301'
s Dividend Yield % Range Over the Past 10 Years
Min: 0.32 Med: 1.55 Max: 8.63
Current: 6.95
During the past 10 years, the highest Dividend Yield of Zhende Medical Co was 8.63%. The lowest was 0.32%. And the median was 1.55%.
SHSE:603301's Dividend Yield % is ranked better than 95.47% of 309
companies
in the Medical Devices & Instruments industry
Industry Median: 1.85
vs SHSE:603301: 6.95
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Zhende Medical Co Ltd is 1.11, which seems too high.
During the past 10 years, the highest Dividend Payout Ratio of Zhende Medical Co was 2.11. The lowest was 0.03. And the median was 0.33.
During the past 12 months, Zhende Medical Co's average Dividends Per Share Growth Rate was 150.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 69.70% per year.
During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of Zhende Medical Co was 69.70% per year. The lowest was 49.70% per year. And the median was 59.70% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Zhende Medical Co Dividend Yield % Historical Data
The historical data trend for Zhende Medical Co'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.
Competitive Comparison of Zhende Medical Co's Dividend Yield %
For the Medical Instruments & Supplies subindustry, Zhende Medical Co'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.
Zhende Medical Co's Dividend Yield % Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Zhende Medical Co's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Zhende Medical Co's Dividend Yield % falls into.
Zhende Medical Co Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Zhende Medical Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CNY 0.750000
2023-10-31
2023-10-30
2023-10-31
Cash Dividend
semi-annually
CNY:CNY 1.000000
CNY 0.750000
2023-06-20
2023-06-19
2023-06-20
Cash Dividend
annually
CNY: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.
Zhende Medical Co's Trailing Annual Dividend Yield (%) for Today is calculated as
* 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.
Zhende Medical Co (SHSE:603301) 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.
Thank you for viewing the detailed overview of Zhende Medical Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Zhende Medical Co (SHSE:603301) Business Description
Zhende Medical Co Ltd provides medical products. The company is engaged in the production and sale of medical dressing, pressure treatment and fixation, modern wound care, surgical infection management, and incontinence care products.
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