What is Concord New Energy Group Dividend Payout Ratio?
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Concord New Energy Group's Dividend Payout Ratio for the
months ended in Jun. 2024 was 0.50.
The historical rank and industry rank for Concord New Energy Group's Dividend Payout Ratio or its related term are showing as below:
CWPWF'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.14 Med: 0.32 Max: 0.91
Current: 0.44
During the past 13 years, the highest Dividend Payout Ratio of Concord New Energy Group was 0.91. The lowest was 0.14. And the median was 0.32.
As of today (2024-12-13), the Dividend Yield % of Concord New Energy Group is 8.96%.
During the past 13 years, the highest Trailing Annual Dividend Yield of Concord New Energy Group was 8.96%. The lowest was 2.04%. And the median was 3.75%.
Concord New Energy Group's Dividends per Share for the
months ended in Jun. 2024 was $0.00.
During the past 3 years, the average Dividends Per Share Growth Rate was 9.00% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 26.30% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Concord New Energy Group was 49.40% per year. The lowest was -3.50% per year. And the median was 19.50% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Concord New Energy Group Dividend Payout Ratio Historical Data
The historical data trend for Concord New Energy Group's Dividend Payout Ratio 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.
Concord New Energy Group Dividend Payout Ratio Chart
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Concord New Energy Group Annual Data
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Trend |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Dividend Payout Ratio |
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0.22 |
0.36 |
0.33 |
0.40 |
0.56 |
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Concord New Energy Group Semi-Annual Data
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Dec14 |
Jun15 |
Dec15 |
Jun16 |
Dec16 |
Jun17 |
Dec17 |
Jun18 |
Dec18 |
Jun19 |
Dec19 |
Jun20 |
Dec20 |
Jun21 |
Dec21 |
Jun22 |
Dec22 |
Jun23 |
Dec23 |
Jun24 |
| Dividend Payout Ratio |
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0.57 |
- |
0.63 |
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0.50 |
Competitive Comparison of Concord New Energy Group's Dividend Payout Ratio
For the Utilities - Renewable subindustry, Concord New Energy Group's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.
Concord New Energy Group's Dividend Payout Ratio Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Concord New Energy Group's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Concord New Energy Group's Dividend Payout Ratio falls into.
Concord New Energy Group Dividend Payout Ratio Calculation
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
Concord New Energy Group's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as
Concord New Energy Group's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as
* 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.
Concord New Energy Group Business Description
Traded in Other Exchanges
Address
16 Harcourt Road, Suite 3901, 39th Floor, Far East Finance Centre, Admiralty, Hong Kong, HKG
Concord New Energy Group Ltd is an investment holding company. The principal activities of the company are investment in power plants, provision of design, technical and consultation services, and provision of power plant operation and maintenance services. The operating segments of the company are power generation which includes the operation of wind and solar power plants, Intelligent operation and maintenance segment which includes provision operation and maintenance, asset management, overhaul & commissioning service for wind and solar power plants; and others segment which includes the provision of design, technical and consultancy services, undertaking electrical engineering and construction of power plant projects. The company generates its revenue from the power generation segment.
Concord New Energy Group Headlines
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