Xinyi Solar Holdings Dividend yield

Xinyi Solar Holdings is part of Alternative Energy business, which is part of Oil and Gas industry. Xinyi Solar Holdings is a company from Hong-Kong, and his stocks are publicly traded.

Xinyi Solar Holdings stock dividend

Xinyi Solar Holdings paid a total dividend of 1,513 million HKD last year, for a market value of 58,308 millions (Market Cap 27,853 millions). Xinyi Solar Holdings dividend per share is 0.17 HKD, and his stock market price 6.55 HKD.

According to the chart below, where dividend yield is displayed, Xinyi Solar Holdings has a dividend yield of 2.67%, lower than the amount offered by both the market average and companies from Hong-Kong. It is also lower than average of Oil and Gas industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Xinyi Solar Holdings stocks dividend with other Alternative Energy companies or other of the best Hong-Kong dividend stocks list.

Xinyi Solar Holdings Dividend Payout

About the ability of Xinyi Solar Holdings to maintain his current dividend of HKD 0.17 per share, an amount that accounts for 2.67%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Xinyi Solar Holdings payout on ernings is currently 39.53%, which is higher than the market average, and companies of Oil and Gas industry, which are 39.34% and 38.55% respectively. Both figures show that Xinyi Solar Holdings can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Xinyi Solar Holdings is HKD 0.67 per share, which is higher than the dividend per share paid by the company of HKD 0.17, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Xinyi Solar Holdings, compared againt world market average, Hong-Kong companies, Oil and Gas industry and Alternative Energy sector companies.

Xinyi Solar Holdings Dividend History

Below you will find a table with the historical evolution of Xinyi Solar Holdings's dividend stock, both in percentage and in HKD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	HKD	Paypout	Shares*
Present	2.67%	0.17	39.53%	8,902
2022	2.31%	0.20	36.36%	8,894
2021	2.57%	0.34	65.38%	8,811
2020	0.84%	0.17	60.71%	8,509
2019	1.75%	0.10	43.48%	8,047
2018	5.45%	0.15	48.39%	7,660
2017	4.64%	0.14	51.85%	7,424
2016	4.72%	0.13	72.22%	6,749
2015	2.10%	0.07	100.00%	6,580

*In millions

Then you can see the evolution of Xinyi Solar Holdings dividend stock, and compare it with the average of Hong-Kong stocks and that of the Alternative Energy stocks.

Xinyi Solar Holdings Stock performance

Finally, last moth Xinyi Solar Holdings showed a return of -22.00% compared to a worldwide -2.49% average, and a -1.44% of Oil and Gas firms. Over the last year, the company obtained a -39.60% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Hong-Kong and Alternative Energy firms.