As of today (2024-04-30), the Trailing Annual Dividend Yield of CGN Power Co is 2.12%.
Warning Sign:
CGN Power Co Ltd stock dividend yield is close to 2-year low.
The historical rank and industry rank for CGN Power Co's Dividend Yield % or its related term are showing as below:
SZSE:003816'
s Dividend Yield % Range Over the Past 10 Years
Min: 2.11 Med: 5.05 Max: 5.76
Current: 2.12
During the past 11 years, the highest Dividend Yield of CGN Power Co was 5.76%. The lowest was 2.11%. And the median was 5.05%.
SZSE:003816's Dividend Yield % is ranked better than 56.56% of 244
companies
in the Utilities - Independent Power Producers industry
Industry Median: 2.92
vs SZSE:003816: 2.12
During the past 12 months, CGN Power Co's average Dividends Per Share Growth Rate was 2.10% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 1.80% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 4.60% per year.
During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of CGN Power Co was 196.20% per year. The lowest was 1.80% per year. And the median was 11.20% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
CGN Power Co Dividend Yield % Historical Data
The historical data trend for CGN Power Co'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.
Competitive Comparison of CGN Power Co's Dividend Yield %
For the Utilities - Independent Power Producers subindustry, CGN Power Co'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.
CGN Power Co's Dividend Yield % Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, CGN Power Co's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where CGN Power Co's Dividend Yield % falls into.
CGN Power Co Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
CGN Power Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CNY 0.087
2023-07-07
2023-07-06
2023-07-07
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.
CGN Power Co's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
0.087
/
4.11
=
2.12 %
Current Share Price is ¥4.11. CGN Power Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.087.
CGN Power Co's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.087
/
4.11
=
2.12 %
Current Share Price is ¥4.11. CGN Power Co's Dividends per Share for the forward twelve months is calculated as ¥0.087 * 1 = ¥0.087.
* 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.
CGN Power Co (SZSE:003816) 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.
Thank you for viewing the detailed overview of CGN Power Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
CGN Power is a major nuclear power producer in China. It operates 26 nuclear power generating units (total installed capacity of 29.4 gigawatts), with 14 units in Guangdong and the rest in Guangxi, Fujian, and Liaoning provinces as of end-2022. CGN is adding capacity of 8.4 gigawatts into its operations over the next five years. State-owned China General Nuclear Power, controls about 58.9% of CGN Power.
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