China Three Gorges Renewables (Group) Co (SHSE:600905) Dividend Yield % : 1.62% (As of May. 03, 2024)

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What is China Three Gorges Renewables (Group) Co Dividend Yield %?

As of today (2024-05-03), the Trailing Annual Dividend Yield of China Three Gorges Renewables (Group) Co is 1.62%.

Good Sign:

China Three Gorges Renewables (Group) Co Ltd stock dividend yield is close to 3-year high.

The historical rank and industry rank for China Three Gorges Renewables (Group) Co's Dividend Yield % or its related term are showing as below:

SHSE:600905' s Dividend Yield % Range Over the Past 10 Years
Min: 0.35 Med: 0.61 Max: 1.79
Current: 1.62

During the past 13 years, the highest Dividend Yield of China Three Gorges Renewables (Group) Co was 1.79%. The lowest was 0.35%. And the median was 0.61%.

SHSE:600905's Dividend Yield % is ranked worse than
72.43% of 243 companies
in the Utilities - Independent Power Producers industry
Industry Median: 3 vs SHSE:600905: 1.62

China Three Gorges Renewables (Group) Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of China Three Gorges Renewables (Group) Co was 0.31. The lowest was 0.08. And the median was 0.19.

As of today (2024-05-03), the Forward Dividend Yield % of China Three Gorges Renewables (Group) Co is 1.62%.

China Three Gorges Renewables (Group) Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

During the past 12 months, China Three Gorges Renewables (Group) Co's average Dividends Per Share Growth Rate was 261.90% per year.

The growth rate is calculated with least square regression.

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

China Three Gorges Renewables (Group) Co Dividend Yield % Historical Data

The historical data trend for China Three Gorges Renewables (Group) 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.

China Three Gorges Renewables (Group) Co Dividend Yield % Chart

China Three Gorges Renewables (Group) Co Annual Data

Trend

Dec09

Dec10

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Yield %

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0.50

0.37

1.74

China Three Gorges Renewables (Group) Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Yield %	Get a 7-Day Free Trial															0.39	0.40	1.59	1.74	1.62

Competitive Comparison of China Three Gorges Renewables (Group) Co's Dividend Yield %

For the Utilities - Renewable subindustry, China Three Gorges Renewables (Group) 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.

China Three Gorges Renewables (Group) Co's Dividend Yield % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, China Three Gorges Renewables (Group) Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where China Three Gorges Renewables (Group) Co's Dividend Yield % falls into.

China Three Gorges Renewables (Group) Co Dividend Yield % Calculation

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

China Three Gorges Renewables (Group) Co Recent Full-Year* Dividend History

Amount	Ex-date	Record Date	Pay Date	Type	Frequency	Forex Rate
CNY 0.076000	2023-08-10	2023-08-09	2023-08-10	Cash Dividend	annually	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.

China Three Gorges Renewables (Group) Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield	=	Most Recent Full Year Dividend	/	Current Share Price
	=	0.076	/	4.69
	=	1.62 %

Current Share Price is ¥4.69.
China Three Gorges Renewables (Group) Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.076.

China Three Gorges Renewables (Group) Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield	=	Forward Full Year Dividend	/	Current Share Price
	=	0.076	/	4.69
	=	1.62 %

Current Share Price is ¥4.69.
China Three Gorges Renewables (Group) Co's Dividends per Share for the forward twelve months is calculated as ¥0.076 * 1 = ¥0.076.

China Three Gorges Renewables (Group) Co (SHSE:600905) 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.

China Three Gorges Renewables (Group) Co Dividend Yield % Related Terms

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China Three Gorges Renewables (Group) Co (SHSE:600905) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » China Three Gorges Renewables (Group) Co Ltd (SHSE:600905) » Definitions » Dividend Yield %

Traded in Other Exchanges

N/A

Address

No. 1, Gongyuan Street, Room 206-23, 2nd Floor, Building 1, Tongzhou District, Beijing, CHN, 101149

Website

https://www.ctgne.com

China Three Gorges Renewables, or CTGR, is one of China's largest renewable energy producers. The firm operates wind farms, photovoltaic power plants, hydro-electric power plants, and energy storage projects. CTGR has a total generation capacity of about 26.5 gigawatts as of the end of 2022. In particular, the firm is also one of the largest offshore wind farm operators in China, with 4.9 GW of installed capacity at the end of 2022, representing about 16% of China's total capacity. Parent company, China Three Gorges, a state-owned enterprise, owns approximately 52.4% of CTGR's issued shares as of the end of 2022.

China Three Gorges Renewables (Group) Co (SHSE:600905) Headlines

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