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Ningbo Shimao Energy CoSHSE:605028 -0.63%69 Forward Dividend Yield % is 4.06% as of Aug. 01, 2026. GuruFocus rates SHSE:605028 with a GF Score™ of 69/100 and a GF Value™ of ¥14.83 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 235 Utilities - Independent Power Producers companies, Ningbo Shimao Energy Co ranks better than 55.74% on this metric.
As of today (2026-08-01), the Forward Annual Dividend Yield of Ningbo Shimao Energy Co is 4.06%.
As of today (2026-08-01), the Trailing Annual Dividend Yield of Ningbo Shimao Energy Co is 3.32%.
SHSE:605028's Forward Dividend Yield % is ranked better than 55.74% of 235
companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.44
vs SHSE:605028: 4.06
During the past 12 months, Ningbo Shimao Energy Co's average Dividends Per Share Growth Rate was -58.30% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 30.10% per year.
During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of Ningbo Shimao Energy Co was 30.10% per year. The lowest was 6.30% per year. And the median was 18.20% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Ningbo Shimao Energy Co (SHSE:605028) 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.
Ningbo Shimao Energy Co Forward Dividend Yield % Related Terms
Ningbo Shimao Energy Co Forward Dividend Yield % Competitor Comparison
For the Utilities - Renewable subindustry, Ningbo Shimao Energy 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.
Ningbo Shimao Energy Co Forward Dividend Yield % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Ningbo Shimao Energy Co's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Ningbo Shimao Energy Co's Forward Dividend Yield % falls into.
Ningbo Shimao Energy Co Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Ningbo Shimao Energy Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CNY 0.600000
2026-04-24
2026-04-23
2026-04-24
Cash Dividend
semi-annually
CNY:CNY 1.000000
CNY 0.300000
2025-10-23
2025-10-22
2025-10-23
Cash Dividend
semi-annually
CNY: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.
* 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.
What does a Forward Dividend Yield % of 4.06% mean?
Ningbo Shimao Energy Co (SHSE:605028) has a Forward Dividend Yield % of 4.06% as of Aug. 01, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Ningbo Shimao Energy Co and its competitors. According to the industry distribution chart, Ningbo Shimao Energy Co ranks #104 out of 235 companies in the Utilities - Independent Power Producers industry, placing it in the top 44.3%.
Is Ningbo Shimao Energy Co's Forward Dividend Yield % too high?
Ningbo Shimao Energy Co's current Forward Dividend Yield % is 4.06%. The Utilities - Independent Power Producers industry median Forward Dividend Yield % is 3.44. Ningbo Shimao Energy Co's value of 4.06% is 18% above this industry median. Based on the distribution chart, Ningbo Shimao Energy Co ranks #104 out of 235 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Ningbo Shimao Energy Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Shimao Energy Co's Forward Dividend Yield % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Ningbo Shimao Energy Co ranks #104 out of 235 companies for Forward Dividend Yield %. This puts Ningbo Shimao Energy Co in the upper half of its industry. The industry median Forward Dividend Yield % is 3.44. Ningbo Shimao Energy Co's value of 4.06% is 18% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for an Utilities - Independent Power Producers company?
The median Forward Dividend Yield % among Utilities - Independent Power Producers companies is 3.44, based on 235 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ningbo Shimao Energy Co's current Forward Dividend Yield % of 4.06% is 18% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Ningbo Shimao Energy Co and its competitors. For the Utilities - Independent Power Producers industry, the median Forward Dividend Yield % is 3.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Shimao Energy Co's current Forward Dividend Yield % is 4.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Shimao Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Shimao Energy Co (SHSE:605028) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥14.83, compared to a current price of ¥26.90 — trading 81.4% above its estimated fair value. The current Forward Dividend Yield % is 4.06% and 18% above the Utilities - Independent Power Producers industry median of 3.44. Ningbo Shimao Energy Co's overall GF Score™ is 69/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For Ningbo Shimao Energy Co (SHSE:605028), the current Forward Dividend Yield % is 4.06% as of Aug. 01, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Ningbo Shimao Energy Co (SHSE:605028) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbo Shimao Energy Co stock appears to be overvalued.
The current stock price of ¥26.90 is trading 81.4% above its estimated GF Value™ of ¥14.83.
GuruFocus considers Ningbo Shimao Energy Co to be Significantly Overvalued.
Key valuation signals for SHSE:605028:
Forward Dividend Yield %: 4.06%
GF Value™: ¥14.83 vs. price of ¥26.90 (81.4% above fair value)
Industry Position: 18% above the Utilities - Independent Power Producers median (#104 of 235)
No single metric tells the full story. See the SHSE:605028 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo Shimao Energy Co Ltd is a cogeneration company with domestic waste and coal as the main raw materials. It provides central heating for the Sino-Italian Ningbo Ecological Park and the surrounding electroplating and food parks for the only regional cogeneration company in the area.
69GF Score
Get the complete analysis for SHSE:605028
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