Xinjiang Daqo New Energy Co Ltd stock dividend yield is close to 2-year high.
The historical rank and industry rank for Xinjiang Daqo New Energy Co's Dividend Yield % or its related term are showing as below:
SHSE:688303'
s Dividend Yield % Range Over the Past 10 Years
Min: 0.83 Med: 1.54 Max: 14.85
Current: 14.85
During the past 7 years, the highest Dividend Yield of Xinjiang Daqo New Energy Co was 14.85%. The lowest was 0.83%. And the median was 1.54%.
SHSE:688303's Dividend Yield % is ranked better than 99.57% of 1861
companies
in the Industrial Products industry
Industry Median: 1.77
vs SHSE:688303: 14.85
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Xinjiang Daqo New Energy Co Ltd is 2.39, which seems too high.
During the past 7 years, the highest Dividend Payout Ratio of Xinjiang Daqo New Energy Co was 2.39. The lowest was 0.06. And the median was 0.70.
* 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.
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Xinjiang Daqo New Energy Co Dividend Yield % Chart
Competitive Comparison of Xinjiang Daqo New Energy Co's Dividend Yield %
For the Specialty Industrial Machinery subindustry, Xinjiang Daqo New 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 Daqo New Energy Co's Dividend Yield % Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Xinjiang Daqo New Energy Co's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Xinjiang Daqo New Energy Co's Dividend Yield % falls into.
Xinjiang Daqo New Energy Co Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Xinjiang Daqo New Energy Co (SHSE:688303) 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.
Xinjiang Daqo New Energy Co Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Xinjiang Daqo New Energy Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Xinjiang Daqo New Energy Co (SHSE:688303) Business Description
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