China Longyuan Power Group Corp Ltd stock dividend yield is close to 3-year high.
The historical rank and industry rank for China Longyuan Power Group's Dividend Yield % or its related term are showing as below:
SZSE:001289'
s Dividend Yield % Range Over the Past 10 Years
Min: 0.58 Med: 0.73 Max: 1.44
Current: 1.33
During the past 13 years, the highest Dividend Yield of China Longyuan Power Group was 1.44%. The lowest was 0.58%. And the median was 0.73%.
SZSE:001289's Dividend Yield % is ranked worse than 52.99% of 251
companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.82
vs SZSE:001289: 1.33
* 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.
Competitive Comparison of China Longyuan Power Group's Dividend Yield %
For the Utilities - Renewable subindustry, China Longyuan Power 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.
China Longyuan Power Group's Dividend Yield % Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, China Longyuan Power Group's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where China Longyuan Power Group's Dividend Yield % falls into.
China Longyuan Power Group Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
China Longyuan Power Group Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CNY 0.222500
2024-08-06
2024-08-05
2024-08-06
Cash Dividend
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.
China Longyuan Power Group (SZSE:001289) 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.
China Longyuan Power Group Dividend Yield % Related Terms
Thank you for viewing the detailed overview of China Longyuan Power Group's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Longyuan is China's largest wind farm operator, with consolidated installed wind capacity of 27.8 gigawatts as of end-2023. It has wind farms spread across China, and has also expanded into other countries such as Canada and South Africa. Longyuan owns two coal-fired power plants in Jiangsu and operates other renewable assets such as solar, geothermal, and tidal energy on a limited scale. The consolidated installed capacity mix is about 78% wind, 5% thermal, and the remainder in other renewables. China Energy Investment, which was created through the merger of China Guodian Corporation and China Shenhua Group, is the major shareholder with a controlling stake of about 58.6%.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SZSE:001289 has been successfully added to your 