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Xiangtan Electric Manufacturing Co (SHSE:600416) Forward Dividend Yield % : 0.00% (As of Jun. 09, 2024)


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What is Xiangtan Electric Manufacturing Co Forward Dividend Yield %?

As of today (2024-06-09), the Forward Annual Dividend Yield of Xiangtan Electric Manufacturing Co is 0.00%.

As of today (2024-06-09), the Trailing Annual Dividend Yield of Xiangtan Electric Manufacturing Co is 0.00%.

SHSE:600416's Forward Dividend Yield % is not ranked *
in the Industrial Products industry.
Industry Median: 1.99
* Ranked among companies with meaningful Forward Dividend Yield % only.

Xiangtan Electric Manufacturing Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Xiangtan Electric Manufacturing Co was 30.50% per year. The lowest was -33.10% per year. And the median was -4.00% per year.

The growth rate is calculated with least square regression.

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


Competitive Comparison of Xiangtan Electric Manufacturing Co's Forward Dividend Yield %

For the Specialty Industrial Machinery subindustry, Xiangtan Electric Manufacturing Co's Forward Dividend Yield %, along with its competitors' market caps and Forward 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.


Xiangtan Electric Manufacturing Co's Forward Dividend Yield % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Xiangtan Electric Manufacturing Co's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Xiangtan Electric Manufacturing Co's Forward Dividend Yield % falls into.



Xiangtan Electric Manufacturing Co Forward Dividend Yield % Calculation

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


Xiangtan Electric Manufacturing Co  (SHSE:600416) Forward 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.


Xiangtan Electric Manufacturing Co Forward Dividend Yield % Related Terms

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Xiangtan Electric Manufacturing Co (SHSE:600416) Business Description

Traded in Other Exchanges
N/A
Address
No. 302 Xiashesi Street, Xiangtan, Hunan, CHN, 411101
Xiangtan Electric Manufacturing Co., Ltd. is the backbone enterprise of China's electrical industry, the major technologies and equipment production. It is also involved in R&D and is the designated manufacturer of defense equipment.
Executives
Wang Lin Director
Zhao Wen Hong senior management
Zhong Xue Chao Supervisors
Liu Shao Cheng Supervisors
Yu Yuan Liang senior management
Yao Li Min senior management
Zhou Jian Xiong Director
Li Ji Ping Director
Su Ming senior management
Xiao Ren Zhang Supervisors
Liu Hai Qiang senior management
Liu Ning Xian Supervisors
Zhang Jian Wei Director
Zhao Yi Jun Director
Luo Jian Rong senior management

Xiangtan Electric Manufacturing Co (SHSE:600416) Headlines

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