As of today (2024-06-03), the Trailing Annual Dividend Yield of Xinyi Energy Holdings is 9.73%.
The historical rank and industry rank for Xinyi Energy Holdings's Dividend Yield % or its related term are showing as below:
HKSE:03868'
s Dividend Yield % Range Over the Past 10 Years
Min: 0.97 Med: 3.83 Max: 13.83
Current: 9.73
During the past 9 years, the highest Dividend Yield of Xinyi Energy Holdings was 13.83%. The lowest was 0.97%. And the median was 3.83%.
HKSE:03868's Dividend Yield % is ranked better than 88.28% of 239
companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.13
vs HKSE:03868: 9.73
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Xinyi Energy Holdings Ltd is 0.87, which seems too high.
During the past 9 years, the highest Dividend Payout Ratio of Xinyi Energy Holdings was 1.33. The lowest was 0.33. And the median was 0.92.
During the past 12 months, Xinyi Energy Holdings's average Dividends Per Share Growth Rate was -39.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -9.40% per year.
During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of Xinyi Energy Holdings was 52.40% per year. The lowest was -9.40% per year. And the median was 21.50% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Xinyi Energy Holdings Dividend Yield % Historical Data
The historical data trend for Xinyi Energy Holdings'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.
Competitive Comparison of Xinyi Energy Holdings's Dividend Yield %
For the Utilities - Renewable subindustry, Xinyi Energy Holdings'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.
Xinyi Energy Holdings's Dividend Yield % Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Xinyi Energy Holdings's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Xinyi Energy Holdings's Dividend Yield % falls into.
Xinyi Energy Holdings Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Xinyi Energy Holdings Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
HKD 0.034000
2023-08-11
2023-08-15
2023-10-10
Cash Dividend
semi-annually
HKD:HKD 1.000000
HKD 0.074000
2023-06-06
2023-06-08
2023-08-04
Cash Dividend
semi-annually
HKD:HKD 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.
Xinyi Energy Holdings's Trailing Annual Dividend Yield (%) for Today is calculated as
* 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.
Xinyi Energy Holdings (HKSE:03868) 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.
Xinyi Energy Holdings Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Xinyi Energy Holdings's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Xinyi Energy Holdings (HKSE:03868) Business Description
Listed in May 2019, Xinyi Energy is a spinoff from its holding company Xinyi Solar, and engages in solar farm operations in China. The company owns a portfolio of utility-scale ground-mounted solar farm projects, with total approved capacity of 3,014 megawatts by the end of 2022. Parent Xinyi Solar, a leading solar glass manufacturer and solar farm developer, retains about a 49% stake in Xinyi Energy.
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