China Suntien Green Energy (HKSE:00956) Dividend Payout Ratio : 1.67 (As of Jun. 2024)

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What is China Suntien Green Energy 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. China Suntien Green Energy's Dividend Payout Ratio for the months ended in Jun. 2024 was 1.67.

The historical rank and industry rank for China Suntien Green Energy's Dividend Payout Ratio or its related term are showing as below:

HKSE:00956' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.11 Med: 0.32 Max: 0.75
Current: 0.64

During the past 13 years, the highest Dividend Payout Ratio of China Suntien Green Energy was 0.75. The lowest was 0.11. And the median was 0.32.

HKSE:00956's Dividend Payout Ratio is ranked worse than
64.97% of 374 companies
in the Utilities - Regulated industry
Industry Median: 0.505 vs HKSE:00956: 0.64

As of today (2024-09-24), the Dividend Yield % of China Suntien Green Energy is 7.20%.

During the past 13 years, the highest Trailing Annual Dividend Yield of China Suntien Green Energy was 8.47%. The lowest was 5.14%. And the median was 6.82%.

China Suntien Green Energy's Dividends per Share for the months ended in Jun. 2024 was HK$0.24.

During the past 12 months, China Suntien Green Energy's average Dividends Per Share Growth Rate was 9.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 13.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 11.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 25.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of China Suntien Green Energy was 113.00% per year. The lowest was -19.20% per year. And the median was 12.30% 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.

China Suntien Green Energy Dividend Payout Ratio Historical Data

The historical data trend for China Suntien Green Energy'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.

* Premium members only.

China Suntien Green Energy Dividend Payout Ratio Chart

China Suntien Green Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.34

0.33

0.23

0.31

0.39

China Suntien Green Energy Quarterly Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Dividend Payout Ratio	Get a 7-Day Free Trial															1.40	-	-	-	1.67

Competitive Comparison of China Suntien Green Energy's Dividend Payout Ratio

For the Utilities - Diversified subindustry, China Suntien Green Energy'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.

China Suntien Green Energy's Dividend Payout Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, China Suntien Green Energy's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where China Suntien Green Energy's Dividend Payout Ratio falls into.

China Suntien Green Energy Dividend Payout Ratio Calculation

China Suntien Green Energy's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.216	/	0.558
	=	0.39

China Suntien Green Energy's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jun. 2024 )	/	EPS without NRI (Q: Jun. 2024 )
	=	0.236	/	0.141
	=	1.67

China Suntien Green Energy (HKSE:00956) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

China Suntien Green Energy Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of China Suntien Green Energy's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

China Suntien Green Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » China Suntien Green Energy Corp Ltd (HKSE:00956) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

9C6:Germany 600956:China

Address

No. 9 Yuhua West Road, 9th Floor, Block A, Yuyuan Plaza, Qiaoxi District, Hebei Province, Shijiazhuang, CHN, 050001

Website

http://www.suntien.com

China Suntien Green Energy is engaged in the wind power, photovoltaic, and natural gas businesses. The natural gas segment is involved in the sales of natural gas and gas appliances, and the provision of construction and connection services of natural gas pipelines. The wind and solar energy segment sells electricity to external grid companies by operating wind farms and solar energy plants. In 2022, the firm's natural gas transmission volume was 4,501 million cubic meters, while sales volume of electricity was 13.87 billion kilowatt-hours. As of end-2022, the firm had consolidated renewable energy (wind and solar) installed capacity of 5.94 gigawatts.

Executives

Brown Brothers Harriman & Co.	2502 Approved lending agent
Shang Hai Ning Quan Zi Chan Guan Li You Xian Gong Si	2102 Investment manager
Citigroup Inc.	2502 Approved lending agent
Gic Private Limited	2102 Investment manager
Morgan Stanley	2201 Interest of corporation controlled by you
Blackrock, Inc.	2201 Interest of corporation controlled by you
Fil Limited	2201 Interest of corporation controlled by you
Pandanus Associates Inc.	2201 Interest of corporation controlled by you
Pandanus Partners L.p.	2201 Interest of corporation controlled by you

China Suntien Green Energy Headlines

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