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Xinjiang Lixin Energy Co (SZSE:001258) Dividend Yield % : 0.95% (As of May. 25, 2024)


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What is Xinjiang Lixin Energy Co Dividend Yield %?

As of today (2024-05-25), the Trailing Annual Dividend Yield of Xinjiang Lixin Energy Co is 0.95%.

Good Sign:

Xinjiang Lixin Energy Co Ltd stock dividend yield is close to 1-year high.

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

SZSE:001258' s Dividend Yield % Range Over the Past 10 Years
Min: 0.65   Med: 0.8   Max: 1.02
Current: 0.95

During the past 6 years, the highest Dividend Yield of Xinjiang Lixin Energy Co was 1.02%. The lowest was 0.65%. And the median was 0.80%.

SZSE:001258's Dividend Yield % is ranked worse than
83.68% of 239 companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.26 vs SZSE:001258: 0.95

Xinjiang Lixin Energy Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

During the past 6 years, the highest Dividend Payout Ratio of Xinjiang Lixin Energy Co was 0.45. The lowest was 0.20. And the median was 0.45.

As of today (2024-05-25), the Forward Dividend Yield % of Xinjiang Lixin Energy Co is 1.20%.

Xinjiang Lixin Energy 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.


Xinjiang Lixin Energy Co Dividend Yield % Historical Data

The historical data trend for Xinjiang Lixin Energy 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.

Xinjiang Lixin Energy Co Dividend Yield % Chart

Xinjiang Lixin Energy Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial - - - - 0.78

Xinjiang Lixin Energy Co Quarterly Data
Dec18 Dec19 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 - 0.66 0.77 0.78 0.94

Competitive Comparison of Xinjiang Lixin Energy Co's Dividend Yield %

For the Utilities - Renewable subindustry, Xinjiang Lixin Energy 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.


Xinjiang Lixin Energy Co's Dividend Yield % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Xinjiang Lixin Energy Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Xinjiang Lixin Energy Co's Dividend Yield % falls into.



Xinjiang Lixin Energy Co Dividend Yield % Calculation

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

Xinjiang Lixin Energy Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.0630002023-06-162023-06-152023-06-16Cash DividendannuallyCNY: 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.

Xinjiang Lixin Energy Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.063/6.65
=0.95 %

Current Share Price is ¥6.65.
Xinjiang Lixin Energy Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.063.

Xinjiang Lixin Energy Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.063/6.65
=0.95 %

Current Share Price is ¥6.65.
Xinjiang Lixin Energy Co's Dividends per Share for the forward twelve months is calculated as ¥0.063 * 1 = ¥0.063.

* 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.


Xinjiang Lixin Energy Co  (SZSE:001258) 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.


Xinjiang Lixin Energy Co Dividend Yield % Related Terms

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Xinjiang Lixin Energy Co (SZSE:001258) Business Description

Traded in Other Exchanges
N/A
Address
No. 752 Kashi West Road, 5th Floor, Western Green Valley Building, Economic and Technological Development Zone, Xinjiang Uygur Autonomous Region, Urumqi, CHN, 830000
Website
Xinjiang Lixin Energy Co Ltd is engaged in the investment, development, construction and operation of wind power and photovoltaic power generation projects.

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