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Jinhong Gas Co (SHSE:688106) Dividend Yield % : 1.94% (As of May. 27, 2024)


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What is Jinhong Gas Co Dividend Yield %?

As of today (2024-05-27), the Trailing Annual Dividend Yield of Jinhong Gas Co is 1.94%.

Good Sign:

Jinhong Gas Co Ltd stock dividend yield is close to 3-year high.

The historical rank and industry rank for Jinhong Gas Co's Dividend Yield % or its related term are showing as below:

SHSE:688106' s Dividend Yield % Range Over the Past 10 Years
Min: 0.72   Med: 1.08   Max: 2.03
Current: 1.94

During the past 12 years, the highest Dividend Yield of Jinhong Gas Co was 2.03%. The lowest was 0.72%. And the median was 1.08%.

SHSE:688106's Dividend Yield % is ranked better than
51.52% of 1052 companies
in the Chemicals industry
Industry Median: 1.915 vs SHSE:688106: 1.94

Jinhong Gas Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

During the past 12 years, the highest Dividend Payout Ratio of Jinhong Gas Co was 0.93. The lowest was 0.38. And the median was 0.64.

As of today (2024-05-27), the Forward Dividend Yield % of Jinhong Gas Co is 1.94%.

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

The growth rate is calculated with least square regression.

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


Jinhong Gas Co Dividend Yield % Historical Data

The historical data trend for Jinhong Gas 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.

Jinhong Gas Co Dividend Yield % Chart

Jinhong Gas Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.90 1.30 1.04

Jinhong Gas 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 1.08 0.92 0.97 1.04 1.31

Competitive Comparison of Jinhong Gas Co's Dividend Yield %

For the Specialty Chemicals subindustry, Jinhong Gas 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.


Jinhong Gas Co's Dividend Yield % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jinhong Gas Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Jinhong Gas Co's Dividend Yield % falls into.



Jinhong Gas Co Dividend Yield % Calculation

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

Jinhong Gas Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.3500002024-05-232024-05-222024-05-23Cash DividendannuallyCNY:CNY 1.000000
CNY 0.2500002023-06-072023-06-062023-06-07Cash 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.

Jinhong Gas Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.6/18.10
=3.31 %

Current Share Price is ¥18.10.
Jinhong Gas Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.6.

Jinhong Gas Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.35/18.10
=1.93 %

Current Share Price is ¥18.10.
Jinhong Gas Co's Dividends per Share for the forward twelve months is calculated as ¥0.35 * 1 = ¥0.35.

* 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.


Jinhong Gas Co  (SHSE:688106) 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.


Jinhong Gas Co Dividend Yield % Related Terms

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Jinhong Gas Co (SHSE:688106) Business Description

Traded in Other Exchanges
N/A
Address
No. 6, Anmin Road, Panyang Industrial Park, Huangdai Town, Huangdai Town, Suzhou, CHN, 215152
Jinhong Gas Co Ltd is engaged in production, sales and service of environmentally intensive integrated gas. The company provides customers with one-stop gas supply solutions for various bulk gases, special gases and natural gasother fields.
Executives
Chen Qi Feng Core technical personnel
Shi Dong Sheng Directors, senior managers, core technical personn
Jin Xiang Hua Director
Ge Hui Fang Supervisors
Liu Bing Feng Supervisors

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