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Shanxi Meineng Clean Energy Co (SZSE:001299) 5-Year Dividend Growth Rate : 0.00% (As of Mar. 2024)


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What is Shanxi Meineng Clean Energy Co 5-Year Dividend Growth Rate?

Shanxi Meineng Clean Energy Co's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Shanxi Meineng Clean Energy Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, Shanxi Meineng Clean Energy Co's Dividend Yield % is 2.47%.

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


Competitive Comparison of Shanxi Meineng Clean Energy Co's 5-Year Dividend Growth Rate

For the Utilities - Regulated Gas subindustry, Shanxi Meineng Clean Energy Co's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate 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 Meineng Clean Energy Co's 5-Year Dividend Growth Rate Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Shanxi Meineng Clean Energy Co's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Shanxi Meineng Clean Energy Co's 5-Year Dividend Growth Rate falls into.



Shanxi Meineng Clean Energy Co 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Shanxi Meineng Clean Energy Co  (SZSE:001299) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Shanxi Meineng Clean Energy Co's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0/ 0.09
=0.00

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

Shanxi Meineng Clean Energy Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.3000002024-05-282024-05-272024-05-28Cash DividendannuallyCNY:CNY 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.

Shanxi Meineng Clean Energy Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.3/12.15
=2.47 %

Current Share Price is ¥12.15.
Shanxi Meineng Clean Energy Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.3.

During the past 8 years, the highest Dividend Yield of Shanxi Meineng Clean Energy Co was 2.60%. The lowest was 0.00%. And the median was 0.00%.

* 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.


Shanxi Meineng Clean Energy Co 5-Year Dividend Growth Rate Related Terms

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Shanxi Meineng Clean Energy Co (SZSE:001299) Business Description

Traded in Other Exchanges
N/A
Address
No. 48 Keji Road, Room B1605, Pioneer Plaza, High-tech Zone, Shaanxi Province, Xi'an City, CHN, 710016
Shanxi Meineng Clean Energy Co Ltd is an innovative and energetic professional gas operation enterprise. It is mainly engaged in investment in urban gas, compressed natural gas filling stations, LNG production plants and filling stations, coal-to-natural gas production plants, and gas pipelines; consulting in the gas industry, training and management.

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