GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Truking Technology Ltd (SZSE:300358) » Definitions » Dividend Yield %

Truking Technology (SZSE:300358) Dividend Yield % : 1.26% (As of May. 25, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Truking Technology Dividend Yield %?

As of today (2024-05-25), the Trailing Annual Dividend Yield of Truking Technology is 1.26%.

Good Sign:

Truking Technology Ltd stock dividend yield is close to 10-year high.

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

SZSE:300358' s Dividend Yield % Range Over the Past 10 Years
Min: 0.18   Med: 0.5   Max: 1.3
Current: 1.26

During the past 13 years, the highest Dividend Yield of Truking Technology was 1.30%. The lowest was 0.18%. And the median was 0.50%.

SZSE:300358's Dividend Yield % is ranked worse than
64.4% of 309 companies
in the Medical Devices & Instruments industry
Industry Median: 1.85 vs SZSE:300358: 1.26

Truking Technology's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Truking Technology was 0.55. The lowest was 0.06. And the median was 0.21.

As of today (2024-05-25), the Forward Dividend Yield % of Truking Technology is 1.26%.

Truking Technology's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Truking Technology's average Dividends Per Share Growth Rate was -16.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 41.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Truking Technology was 76.00% per year. The lowest was -40.60% per year. And the median was -7.90% per year.

The growth rate is calculated with least square regression.

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


Truking Technology Dividend Yield % Historical Data

The historical data trend for Truking Technology'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.

Truking Technology Dividend Yield % Chart

Truking Technology 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 0.32 0.32 0.19 0.81 0.93

Truking Technology 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 0.69 0.80 0.79 0.93 1.06

Competitive Comparison of Truking Technology's Dividend Yield %

For the Medical Instruments & Supplies subindustry, Truking Technology'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.


Truking Technology's Dividend Yield % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Truking Technology's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Truking Technology's Dividend Yield % falls into.



Truking Technology Dividend Yield % Calculation

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

Truking Technology Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.1000002023-07-112023-07-102023-07-11Cash 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.

Truking Technology's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.1/7.93
=1.26 %

Current Share Price is ¥7.93.
Truking Technology's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.1.

Truking Technology's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.1/7.93
=1.26 %

Current Share Price is ¥7.93.
Truking Technology's Dividends per Share for the forward twelve months is calculated as ¥0.1 * 1 = ¥0.1.

* 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.


Truking Technology  (SZSE:300358) 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.


Truking Technology Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Truking Technology's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Truking Technology (SZSE:300358) Business Description

Traded in Other Exchanges
N/A
Address
No 1 Xinkang Road, Ningxiang, Yutan Town, Hunan Province, Changsha, CHN, 410600
Truking Technology Ltd operates in the pharmaceutical and medical equipment industry. It develops, designs, manufactures, sells and provides services for aqueous pharmaceutical equipment. The company offers solutions for Fluid Processing System, Ampoule Injectable Products Production, Vial Injectable Products Production, Plastic Bottle Blow-Fill-Seal Production, Cartridge Production, and others. It sells its products in China, and also exports it to the other countries.
Executives
Ceng Fan Yun Directors, executives
Yang Wen Lu Director
Tang Yue Director
Zhou Fei Yue Directors, Directors, and Executives
Zheng Qi Ping Executives
Ceng He Qing Executives
Qiu Yong Mou Supervisors
Li Gang Executives
Zhou Jing Ying Executives
Liu Gui Lin Supervisors

Truking Technology (SZSE:300358) Headlines

No Headlines