Bestsun Energy Co., Ltd. operates in the gas sector. It engages in the city gas business, pipeline gas sales, and gas engineering installation services, as well as provides gas appliances. The company was formerly known as Wuhan Winowner Group Co., Ltd. and changed its name to Bestsun Energy Co., Ltd. in August 2004. Bestsun Energy Co., Ltd. was founded in 1992 and is based in Beijing, China.
Bestsun Energy Dividend Announcement
• Bestsun Energy announced a semi annually dividend of ¥0.09 per ordinary share which will be made payable on 2024-10-25. Ex dividend date: 2024-10-25
• Bestsun Energy annual dividend for 2024 was ¥0.22
• Bestsun Energy annual dividend for 2023 was ¥0.30
• Bestsun Energy's trailing twelve-month (TTM) dividend yield is 6.18%
• Bestsun Energy's payout ratio for the trailing twelve months (TTM) is 224.95%
• Bestsun Energy's dividend growth over the last five years (2018-2023) was -7.79% year
Bestsun Energy Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-25 | ¥0.09 | semi annually | 2024-10-25 |
2024-06-18 | ¥0.13 | semi annually | 2024-06-18 |
2023-10-12 | ¥0.15 | semi annually | 2023-10-12 |
2023-04-25 | ¥0.15 | semi annually | 2023-04-25 |
2022-09-08 | ¥0.15 | semi annually | 2022-09-08 |
2022-04-25 | ¥0.25 | semi annually | 2022-04-25 |
2021-09-07 | ¥0.18 | semi annually | 2021-09-07 |
2021-04-15 | ¥0.33 | semi annually | 2021-04-15 |
2020-05-22 | ¥0.42 | semi annually | 2020-05-22 |
2019-04-25 | ¥0.50 | semi annually | 2019-04-25 |
2018-06-08 | ¥0.45 | semi annually | 2018-06-08 |
2002-08-29 | ¥0.02 | semi annually | |
2001-06-11 | ¥0.04 | semi annually | |
1998-08-10 | ¥0.04 | semi annually | |
1996-05-30 | ¥0.03 | semi annually | |
1995-06-19 | ¥0.05 | semi annually |
Bestsun Energy Dividend per year
Bestsun Energy Dividend growth
Bestsun Energy Dividend Yield
Bestsun Energy current trailing twelve-month (TTM) dividend yield is 6.18%. Interested in purchasing Bestsun Energy stock? Use our calculator to estimate your expected dividend yield:
Bestsun Energy Financial Ratios
Bestsun Energy Dividend FAQ
Other factors to consider when evaluating Bestsun Energy as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Bestsun Energy's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Bestsun Energy publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Bestsun Energy distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Bestsun Energy are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Bestsun Energy sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Bestsun Energy distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Bestsun Energy declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Bestsun Energy's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Bestsun Energy's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.