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Concord New Energy Group (Concord New Energy Group) Dividend Yield % : 6.17% (As of May. 13, 2024)


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What is Concord New Energy Group Dividend Yield %?

As of today (2024-05-13), the Trailing Annual Dividend Yield of Concord New Energy Group is 6.17%.

Good Sign:

Concord New Energy Group Ltd stock dividend yield is close to 3-year high.

The historical rank and industry rank for Concord New Energy Group's Dividend Yield % or its related term are showing as below:

CWPWF' s Dividend Yield % Range Over the Past 10 Years
Min: 1.67   Med: 3.33   Max: 6.91
Current: 6.17

During the past 13 years, the highest Dividend Yield of Concord New Energy Group was 6.91%. The lowest was 1.67%. And the median was 3.33%.

CWPWF's Dividend Yield % is ranked better than
70.89% of 237 companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.12 vs CWPWF: 6.17

Concord New Energy Group's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.00.

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 (2024-05-13), the Forward Dividend Yield % of Concord New Energy Group is 6.17%.

Concord New Energy Group's Dividends per Share for the six months ended in Dec. 2023 was $0.00.

During the past 12 months, Concord New Energy Group's average Dividends Per Share Growth Rate was 20.70% per year. 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.


Concord New Energy Group Dividend Yield % Historical Data

The historical data trend for Concord New Energy Group'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.

Concord New Energy Group Dividend Yield % Chart

Concord New Energy Group 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 5.54 5.66 3.66 4.63 5.96

Concord New Energy Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 3.66 3.97 4.63 5.58 5.96

Competitive Comparison of Concord New Energy Group's Dividend Yield %

For the Utilities - Renewable subindustry, Concord New Energy Group'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.


Concord New Energy Group's Dividend Yield % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Concord New Energy Group's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Concord New Energy Group's Dividend Yield % falls into.



Concord New Energy Group Dividend Yield % Calculation

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

Concord New Energy Group Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
HKD 0.0350002023-06-202023-06-232023-07-18Cash DividendannuallyHKD:USD 0.127611

* 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.

Concord New Energy Group's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.004466385/0.0726
=6.15 %

Current Share Price is $0.0726.
Concord New Energy Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.004466385.

Concord New Energy Group's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.004466385/0.0726
=6.15 %

Current Share Price is $0.0726.
Concord New Energy Group's Dividends per Share for the forward twelve months is calculated as $0.004466385 * 1 = $0.004466385.

* 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  (OTCPK:CWPWF) 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.


Concord New Energy Group Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Concord New Energy Group's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Concord New Energy Group (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 (Concord New Energy Group) Headlines

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