Shanxi Meijin Energy Co (SZSE:000723) Dividend Yield % : 0.00% (As of May. 17, 2024)

Shanxi Meijin Energy Co Dividend Yield % Chart

Shanxi Meijin Energy Co Annual Data
	Trend	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Dividend Yield %		Get a 7-Day Free Trial					-	-	-	2.23	-

Shanxi Meijin Energy 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															2.18	2.65	-	-	-

Competitive Comparison of Shanxi Meijin Energy Co's Dividend Yield %

For the Coking Coal subindustry, Shanxi Meijin 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.

Shanxi Meijin Energy Co's Dividend Yield % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Shanxi Meijin Energy Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Shanxi Meijin Energy Co's Dividend Yield % falls into.

Shanxi Meijin Energy Co Dividend Yield % Calculation

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

Shanxi Meijin Energy Co  (SZSE:000723) 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.

Shanxi Meijin Energy Co Dividend Yield % Related Terms

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Shanxi Meijin Energy Co (SZSE:000723) Business Description