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Xinyi Glass Holdings (Xinyi Glass Holdings) Forward Dividend Yield % : 7.10% (As of May. 06, 2024)


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What is Xinyi Glass Holdings Forward Dividend Yield %?

As of today (2024-05-06), the Forward Annual Dividend Yield of Xinyi Glass Holdings is 7.10%.

As of today (2024-05-06), the Trailing Annual Dividend Yield of Xinyi Glass Holdings is 5.41%.

XYIGY's Forward Dividend Yield % is ranked better than
90.12% of 243 companies
in the Building Materials industry
Industry Median: 3.39 vs XYIGY: 7.10

Xinyi Glass Holdings's Dividends per Share for the six months ended in Dec. 2023 was $0.67.

During the past 12 months, Xinyi Glass Holdings's average Dividends Per Share Growth Rate was -58.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 0.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 17.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Xinyi Glass Holdings was 57.10% per year. The lowest was -1.40% per year. And the median was 15.65% 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 Xinyi Glass Holdings's Forward Dividend Yield %

For the Building Materials subindustry, Xinyi Glass Holdings'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.


Xinyi Glass Holdings's Forward Dividend Yield % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Xinyi Glass Holdings's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Xinyi Glass Holdings's Forward Dividend Yield % falls into.



Xinyi Glass Holdings Forward Dividend Yield % Calculation

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

Xinyi Glass Holdings Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.6640002023-08-102023-08-112023-10-25Cash Dividendsemi-annuallyUSD:USD 1.000000
USD 0.5620002023-06-052023-06-062023-08-21Cash Dividendsemi-annuallyUSD:USD 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.

Xinyi Glass Holdings's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.328/22.6785
=5.86 %

Current Share Price is $22.6785.
Xinyi Glass Holdings's Dividends per Share for the forward twelve months is calculated as $0.664 * 2 = $1.328.

Xinyi Glass Holdings's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.226/22.6785
=5.41 %

Current Share Price is $22.6785.
Xinyi Glass Holdings's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.226.

* 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.


Xinyi Glass Holdings  (OTCPK:XYIGY) 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.


Xinyi Glass Holdings Forward Dividend Yield % Related Terms

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Xinyi Glass Holdings (Xinyi Glass Holdings) Business Description

Traded in Other Exchanges
Address
135 Hoi Bun Road, Unit 2101-2108, 21st Floor, Rykadan Capital Tower, Kwun Tong, Kowloon, Hong Kong, HKG
Xinyi Glass Holdings Ltd is engaged in the production and sales of float glass products, automobile glass products, construction glass products and a variety of related products in the PRC and Malaysia. It produces and sells range of glass products, including automobile glass, energy-saving architectural glass, high-quality float glass and other glass products for different commercial and industrial applications. Its glass products are sold to customers in over 140 countries and territories, including the PRC, Hong Kong, the United States, Canada, Australia, New Zealand and countries in Asia, the Middle East, Europe, Africa, and America. Its segments include float glass; automobile glass; and architectural glass out of which the float glass segment accounts for the majority of revenue.

Xinyi Glass Holdings (Xinyi Glass Holdings) Headlines

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