The historical rank and industry rank for Kuangda Technology Group Co's Dividend Yield % or its related term are showing as below:
SZSE:002516'
s Dividend Yield % Range Over the Past 10 Years
Min: 0.33 Med: 1.07 Max: 16.19
Current: 2.58
During the past 13 years, the highest Dividend Yield of Kuangda Technology Group Co was 16.19%. The lowest was 0.33%. And the median was 1.07%.
SZSE:002516's Dividend Yield % is ranked better than 56.27% of 814
companies
in the Vehicles & Parts industry
Industry Median: 2.255
vs SZSE:002516: 2.58
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Kuangda Technology Group Co Ltd is 1.31, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Kuangda Technology Group Co was 2.58. The lowest was 0.08. And the median was 0.40.
During the past 12 months, Kuangda Technology Group Co's average Dividends Per Share Growth Rate was 300.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -7.20% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was -21.50% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 17.00% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Kuangda Technology Group Co was 132.10% per year. The lowest was -45.00% per year. And the median was 17.70% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Kuangda Technology Group Co Dividend Yield % Historical Data
* 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.
Kuangda Technology Group Co Dividend Yield % Chart
Competitive Comparison of Kuangda Technology Group Co's Dividend Yield %
For the Auto Parts subindustry, Kuangda Technology Group 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.
Kuangda Technology Group Co's Dividend Yield % Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Kuangda Technology Group Co's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Kuangda Technology Group Co's Dividend Yield % falls into.
Kuangda Technology Group Co Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Kuangda Technology Group Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CNY 0.100000
2024-04-22
2024-04-19
2024-04-22
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.
* 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.
Kuangda Technology Group Co (SZSE:002516) 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.
Kuangda Technology Group Co Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Kuangda Technology Group Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Kuangda Technology Group Co (SZSE:002516) Business Description
Kuangda Technology Group Co Ltd is engaged in the research, development, production, and sale of automotive interior fabrics and seat covers in China. The company offers woven, weft knitted, and warp knitted fabrics; chemical fibers; auto seat covers and auto seat cushions.
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