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Shanghai Microport Endovascular Medtech Co (SHSE:688016) Dividend Yield % : 1.88% (As of May. 13, 2024)


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What is Shanghai Microport Endovascular Medtech Co Dividend Yield %?

As of today (2024-05-13), the Trailing Annual Dividend Yield of Shanghai Microport Endovascular Medtech Co is 1.88%.

Warning Sign:

Shanghai Microport Endovascular Medtech Co Ltd stock dividend yield is close to 1-year low.

The historical rank and industry rank for Shanghai Microport Endovascular Medtech Co's Dividend Yield % or its related term are showing as below:

SHSE:688016' s Dividend Yield % Range Over the Past 10 Years
Min: 0.15   Med: 0.47   Max: 2.81
Current: 1.88

During the past 8 years, the highest Dividend Yield of Shanghai Microport Endovascular Medtech Co was 2.81%. The lowest was 0.15%. And the median was 0.47%.

SHSE:688016's Dividend Yield % is ranked worse than
63.87% of 310 companies
in the Medical Devices & Instruments industry
Industry Median: 1.87 vs SHSE:688016: 1.88

Shanghai Microport Endovascular Medtech Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

During the past 8 years, the highest Dividend Payout Ratio of Shanghai Microport Endovascular Medtech Co was 0.47. The lowest was 0.22. And the median was 0.30.

As of today (2024-05-13), the Forward Dividend Yield % of Shanghai Microport Endovascular Medtech Co is 2.43%.

Shanghai Microport Endovascular Medtech Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Shanghai Microport Endovascular Medtech Co's average Dividends Per Share Growth Rate was 9.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 52.40% per year.

During the past 8 years, the highest 3-Year average Dividends Per Share Growth Rate of Shanghai Microport Endovascular Medtech Co was 52.40% per year. The lowest was 52.40% per year. And the median was 52.40% per year.

The growth rate is calculated with least square regression.

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


Shanghai Microport Endovascular Medtech Co Dividend Yield % Historical Data

The historical data trend for Shanghai Microport Endovascular Medtech 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.

* Premium members only.

Shanghai Microport Endovascular Medtech Co Dividend Yield % Chart

Shanghai Microport Endovascular Medtech Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial - 0.26 0.36 1.08 1.18

Shanghai Microport Endovascular Medtech Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only 1.22 1.28 1.24 1.18 1.25

Competitive Comparison of Shanghai Microport Endovascular Medtech Co's Dividend Yield %

For the Medical Devices subindustry, Shanghai Microport Endovascular Medtech 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.


Shanghai Microport Endovascular Medtech Co's Dividend Yield % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Shanghai Microport Endovascular Medtech Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Shanghai Microport Endovascular Medtech Co's Dividend Yield % falls into.



Shanghai Microport Endovascular Medtech Co Dividend Yield % Calculation

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

Shanghai Microport Endovascular Medtech Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 2.3000002023-05-182023-05-172023-05-18Cash 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.

Shanghai Microport Endovascular Medtech Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=2.3/122.88
=1.87 %

Current Share Price is ¥122.88.
Shanghai Microport Endovascular Medtech Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥2.3.

Shanghai Microport Endovascular Medtech Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=2.3/122.88
=1.87 %

Current Share Price is ¥122.88.
Shanghai Microport Endovascular Medtech Co's Dividends per Share for the forward twelve months is calculated as ¥2.3 * 1 = ¥2.3.

* 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.


Shanghai Microport Endovascular Medtech Co  (SHSE:688016) 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.


Shanghai Microport Endovascular Medtech Co Dividend Yield % Related Terms

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Shanghai Microport Endovascular Medtech Co (SHSE:688016) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Lane 3399, Kangxin Road, Pudong New Area, Shanghai, CHN, 201318
Shanghai Microport Endovascular Medtech Co Ltd is primarily engaged in the development, production and sales of medical devices for aortic and peripheral vascular interventions.

Shanghai Microport Endovascular Medtech Co (SHSE:688016) Headlines

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