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Xinyi Glass Holdings (HKSE:00868) 3-Year Dividend Growth Rate : 0.70% (As of Dec. 2023)


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What is Xinyi Glass Holdings 3-Year Dividend Growth Rate?

Xinyi Glass Holdings's Dividends per Share for the six months ended in Dec. 2023 was HK$0.26.

The historical rank and industry rank for Xinyi Glass Holdings's 3-Year Dividend Growth Rate or its related term are showing as below:

HKSE:00868' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -1.4   Med: 15.65   Max: 57.1
Current: 0.7

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Xinyi Glass Holdings was 57.10% per year. The lowest was -1.40% per year. And the median was 15.65% per year.

HKSE:00868's 3-Year Dividend Growth Rate is ranked worse than
66.67% of 168 companies
in the Building Materials industry
Industry Median: 11.9 vs HKSE:00868: 0.70

During the past 12 months, Xinyi Glass Holdings's average Dividends Per Share Growth Rate was -58.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 0.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 17.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Xinyi Glass Holdings's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.35. As of today, Xinyi Glass Holdings's Dividend Yield % is 4.85%.

Warning Sign:

Xinyi Glass Holdings Ltd stock dividend yield is close to 2-year low.

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


Competitive Comparison of Xinyi Glass Holdings's 3-Year Dividend Growth Rate

For the Building Materials subindustry, Xinyi Glass Holdings's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 Glass Holdings's 3-Year Dividend Growth Rate Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Xinyi Glass Holdings's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Xinyi Glass Holdings's 3-Year Dividend Growth Rate falls into.



Xinyi Glass Holdings 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Xinyi Glass Holdings  (HKSE:00868) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Xinyi Glass Holdings's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.26/ 0.744
=0.35

During the past 13 years, the highest Dividend Payout Ratio of Xinyi Glass Holdings was 0.96. The lowest was 0.29. And the median was 0.45.

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

Xinyi Glass Holdings Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
HKD 0.2600002023-08-112023-08-152023-10-10Cash Dividendsemi-annuallyHKD: 1.000000
HKD 0.2200002023-06-062023-06-082023-08-04Cash Dividendsemi-annuallyHKD: 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 Glass Holdings's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.48/9.89
=4.85 %

Current Share Price is HK$9.89.
Xinyi Glass Holdings's Dividends per Share for the trailing twelve months (TTM) ended in Today is HK$0.48.

During the past 13 years, the highest Dividend Yield of Xinyi Glass Holdings was 13.94%. The lowest was 1.40%. And the median was 4.92%.

Warning Sign:

Xinyi Glass Holdings Ltd stock dividend yield is close to 2-year low.

* 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 Glass Holdings 3-Year Dividend Growth Rate Related Terms>


Xinyi Glass Holdings (HKSE:00868) Business Description

Traded in Other Exchanges
Address
135 Hoi Bun Road, Unit 2101-2108, 21st Floor, Rykadan Capital Tower, Kwun Tong, Kowloon, Hong Kong, HKG
Xinyi Glass Holdings Ltd is engaged in the production and sales of float glass products, automobile glass products, construction glass products and a variety of related products in the PRC and Malaysia. It produces and sells range of glass products, including automobile glass, energy-saving architectural glass, high-quality float glass and other glass products for different commercial and industrial applications. Its glass products are sold to customers in over 140 countries and territories, including the PRC, Hong Kong, the United States, Canada, Australia, New Zealand and countries in Asia, the Middle East, Europe, Africa, and America. Its segments include float glass; automobile glass; and architectural glass out of which the float glass segment accounts for the majority of revenue.

Xinyi Glass Holdings (HKSE:00868) Headlines

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