SZSE:301262'
s Dividend Yield % Range Over the Past 10 Years
Min: 2.58 Med: 3.06 Max: 3.63
Current: 3.18
During the past 7 years, the highest Dividend Yield of Hicon Network Technology (Shandong) Co was 3.63%. The lowest was 2.58%. And the median was 3.06%.
SZSE:301262's Dividend Yield % is ranked better than 57.07% of 389
companies
in the Media - Diversified industry
Industry Median: 2.65
vs SZSE:301262: 3.18
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Hicon Network Technology (Shandong) Co Ltd is 0.86, which seems too high.
During the past 7 years, the highest Dividend Payout Ratio of Hicon Network Technology (Shandong) Co was 0.91. The lowest was 0.86. And the median was 0.91.
* 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.
Hicon Network Technology (Shandong) Co Dividend Yield % Chart
Hicon Network Technology (Shandong) Co Annual Data
For the Broadcasting subindustry, Hicon Network Technology (Shandong) 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.
Hicon Network Technology (Shandong) Co's Dividend Yield % Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Hicon Network Technology (Shandong) Co's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Hicon Network Technology (Shandong) Co's Dividend Yield % falls into.
Hicon Network Technology (Shandong) Co Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Hicon Network Technology (Shandong) Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CNY 0.850000
2023-10-31
2023-10-30
2023-10-31
Cash Dividend
quarterly
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.
Hicon Network Technology (Shandong) Co (SZSE:301262) 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.
Hicon Network Technology (Shandong) Co Dividend Yield % Related Terms
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Hicon Network Technology (Shandong) Co (SZSE:301262) Business Description
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