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Ningxia Jiaze Renewables (SHSE:601619) Dividend Yield % : 3.36% (As of Jun. 06, 2024)


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What is Ningxia Jiaze Renewables Dividend Yield %?

As of today (2024-06-06), the Trailing Annual Dividend Yield of Ningxia Jiaze Renewables is 3.36%.

Good Sign:

Ningxia Jiaze Renewables Corp Ltd stock dividend yield is close to 10-year high.

The historical rank and industry rank for Ningxia Jiaze Renewables's Dividend Yield % or its related term are showing as below:

SHSE:601619' s Dividend Yield % Range Over the Past 10 Years
Min: 0.45   Med: 1.41   Max: 3.41
Current: 3.36

During the past 12 years, the highest Dividend Yield of Ningxia Jiaze Renewables was 3.41%. The lowest was 0.45%. And the median was 1.41%.

SHSE:601619's Dividend Yield % is ranked better than
51.25% of 240 companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.215 vs SHSE:601619: 3.36

Ningxia Jiaze Renewables's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

During the past 12 years, the highest Dividend Payout Ratio of Ningxia Jiaze Renewables was 0.48. The lowest was 0.18. And the median was 0.27.

As of today (2024-06-06), the Forward Dividend Yield % of Ningxia Jiaze Renewables is 3.36%.

Ningxia Jiaze Renewables's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Ningxia Jiaze Renewables's average Dividends Per Share Growth Rate was -20.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 23.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 26.20% per year.

During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of Ningxia Jiaze Renewables was 31.50% per year. The lowest was 23.00% per year. And the median was 26.80% per year.

The growth rate is calculated with least square regression.

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


Ningxia Jiaze Renewables Dividend Yield % Historical Data

The historical data trend for Ningxia Jiaze Renewables's Dividend Yield % can be seen below:

* 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.

* Premium members only.

Ningxia Jiaze Renewables Dividend Yield % Chart

Ningxia Jiaze Renewables Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.15 1.26 1.07 2.67 2.27

Ningxia Jiaze Renewables 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.31 1.76 2.06 2.27 2.42

Competitive Comparison of Ningxia Jiaze Renewables's Dividend Yield %

For the Utilities - Renewable subindustry, Ningxia Jiaze Renewables'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.


Ningxia Jiaze Renewables's Dividend Yield % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Ningxia Jiaze Renewables's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Ningxia Jiaze Renewables's Dividend Yield % falls into.



Ningxia Jiaze Renewables Dividend Yield % Calculation

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

Ningxia Jiaze Renewables Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.1100002024-05-312024-05-302024-05-31Cash 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.

Ningxia Jiaze Renewables's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.11/3.17
=3.47 %

Current Share Price is ¥3.17.
Ningxia Jiaze Renewables's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.11.

Ningxia Jiaze Renewables's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.11/3.17
=3.47 %

Current Share Price is ¥3.17.
Ningxia Jiaze Renewables's Dividends per Share for the forward twelve months is calculated as ¥0.11 * 1 = ¥0.11.

* 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.


Ningxia Jiaze Renewables  (SHSE:601619) 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.


Ningxia Jiaze Renewables Dividend Yield % Related Terms

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Ningxia Jiaze Renewables (SHSE:601619) Business Description

Traded in Other Exchanges
N/A
Address
Ningxia Hui Autonomous Region, Hongsipu District, Dahe Township, Xunzi, Wuzhong, CHN, 751999
Ningxia Jiaze Renewables Corp Ltd is engaged in the utility business. Its business includes the construction and operation of power plants for solar energy, wind energy, and bio-energy.
Executives
Chen Bo Director
Han Xiao Dong senior management
Zhao Ji Wei Director
Zhang Jian Jun Director
Ju Xin Tuan senior management
Wang Qiang senior management
Yang Ning senior management
Yang Jie Supervisors
Zhang Song Supervisors
Yang Fan Supervisors
An Zhen Min senior management

Ningxia Jiaze Renewables (SHSE:601619) Headlines

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