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Xinyi Solar Holdings (HKSE:00968) Forward Dividend Yield % : 4.25% (As of Apr. 28, 2024)


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What is Xinyi Solar Holdings Forward Dividend Yield %?

As of today (2024-04-28), the Forward Annual Dividend Yield of Xinyi Solar Holdings is 4.25%.

As of today (2024-04-28), the Trailing Annual Dividend Yield of Xinyi Solar Holdings is 3.30%.

HKSE:00968's Forward Dividend Yield % is ranked better than
83.27% of 532 companies
in the Semiconductors industry
Industry Median: 1.54 vs HKSE:00968: 4.25

Xinyi Solar Holdings's Dividends per Share for the six months ended in Jun. 2023 was HK$0.10.

During the past 12 months, Xinyi Solar Holdings's average Dividends Per Share Growth Rate was -25.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 27.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 14.70% per year.

During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of Xinyi Solar Holdings was 60.30% per year. The lowest was -7.90% per year. And the median was 29.35% per year.

The growth rate is calculated with least square regression.

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


Competitive Comparison of Xinyi Solar Holdings's Forward Dividend Yield %

For the Solar subindustry, Xinyi Solar Holdings's Forward Dividend Yield %, along with its competitors' market caps and Forward 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 Solar Holdings's Forward Dividend Yield % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Xinyi Solar Holdings's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Xinyi Solar Holdings's Forward Dividend Yield % falls into.



Xinyi Solar Holdings Forward Dividend Yield % Calculation

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

Xinyi Solar Holdings Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
HKD 0.0752023-08-112023-08-152023-09-06Cash Dividendsemi-annuallyHKD:HKD 1.000000
HKD 0.1002023-06-062023-06-082023-07-04Cash Dividendsemi-annuallyHKD: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 Solar Holdings's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.15/5.30
=2.83 %

Current Share Price is HK$5.30.
Xinyi Solar Holdings's Dividends per Share for the forward twelve months is calculated as HK$0.075 * 2 = HK$0.15.

Xinyi Solar Holdings's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.175/5.30
=3.30 %

Current Share Price is HK$5.30.
Xinyi Solar Holdings's Dividends per Share for the trailing twelve months (TTM) ended in Today is HK$0.175.

* 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 Solar Holdings  (HKSE:00968) Forward 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.


Xinyi Solar Holdings Forward Dividend Yield % Related Terms

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Xinyi Solar Holdings (HKSE:00968) Business Description

Traded in Other Exchanges
Address
Xinyi PV Glass Industrial Zone, 2 Xinyi Road, Wuhu Economic and Technology Development Zone, Anhui Province, Wuhu, CHN, 241009
Xinyi Solar Holdings Ltd is an investment holding company. Its activities consist of the production and sale of solar glass products, the development and operation of solar farms, and the provision of engineering, procurement, and construction (EPC) services. The company's segments include sales of solar glass; solar farm business which includes solar farm development and solar power generation; and EPC services. It derives revenue from two core business segments, namely the sale and manufacturing of solar glass and solar farm business. Its operations are held in the People's Republic of China and Other countries.

Xinyi Solar Holdings (HKSE:00968) Headlines

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