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Zhejiang Xinneng Photovoltaic Technology Co (SHSE:603105) Dividend Yield % : 1.29% (As of May. 16, 2024)


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What is Zhejiang Xinneng Photovoltaic Technology Co Dividend Yield %?

As of today (2024-05-16), the Trailing Annual Dividend Yield of Zhejiang Xinneng Photovoltaic Technology Co is 1.29%.

Good Sign:

Zhejiang Xinneng Photovoltaic Technology Co Ltd stock dividend yield is close to 3-year high.

The historical rank and industry rank for Zhejiang Xinneng Photovoltaic Technology Co's Dividend Yield % or its related term are showing as below:

SHSE:603105' s Dividend Yield % Range Over the Past 10 Years
Min: 0.27   Med: 0.6   Max: 1.66
Current: 1.29

During the past 11 years, the highest Dividend Yield of Zhejiang Xinneng Photovoltaic Technology Co was 1.66%. The lowest was 0.27%. And the median was 0.60%.

SHSE:603105's Dividend Yield % is ranked worse than
52.5% of 539 companies
in the Semiconductors industry
Industry Median: 1.44 vs SHSE:603105: 1.29

Zhejiang Xinneng Photovoltaic Technology Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

During the past 11 years, the highest Dividend Payout Ratio of Zhejiang Xinneng Photovoltaic Technology Co was 5.00. The lowest was 0.19. And the median was 0.27.

As of today (2024-05-16), the Forward Dividend Yield % of Zhejiang Xinneng Photovoltaic Technology Co is 1.62%.

Zhejiang Xinneng Photovoltaic Technology Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Zhejiang Xinneng Photovoltaic Technology Co's average Dividends Per Share Growth Rate was 71.40% per year.

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of Zhejiang Xinneng Photovoltaic Technology Co was -11.20% per year. The lowest was -11.20% per year. And the median was -11.20% per year.

The growth rate is calculated with least square regression.

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


Zhejiang Xinneng Photovoltaic Technology Co Dividend Yield % Historical Data

The historical data trend for Zhejiang Xinneng Photovoltaic Technology 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.

Zhejiang Xinneng Photovoltaic Technology Co Dividend Yield % Chart

Zhejiang Xinneng Photovoltaic Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.40 - 0.30 0.50 1.04

Zhejiang Xinneng Photovoltaic Technology 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.45 0.71 0.90 1.04 1.27

Competitive Comparison of Zhejiang Xinneng Photovoltaic Technology Co's Dividend Yield %

For the Solar subindustry, Zhejiang Xinneng Photovoltaic Technology 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.


Zhejiang Xinneng Photovoltaic Technology Co's Dividend Yield % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Zhejiang Xinneng Photovoltaic Technology Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Zhejiang Xinneng Photovoltaic Technology Co's Dividend Yield % falls into.



Zhejiang Xinneng Photovoltaic Technology Co Dividend Yield % Calculation

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


Zhejiang Xinneng Photovoltaic Technology Co  (SHSE:603105) 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.


Zhejiang Xinneng Photovoltaic Technology Co Dividend Yield % Related Terms

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Zhejiang Xinneng Photovoltaic Technology Co (SHSE:603105) Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Pidu Road, Zhejiang Province, Haining City, CHN, 314400
Zhejiang Xinneng Photovoltaic Technology Co Ltd along with its subsidiaries develops, manufactures and distributes photovoltaic products and solutions. The company's products and services are distributed power stations, manufacturing, research and development and innovation, commercial distribution, household distributed, and others. Geographically, it operates in the People's Republic of China.

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