CECEP Solar Energy Co.,Ltd. engages in the research and development, manufacture, and sale of photovoltaic products. The company engages in the technology research and development, manufacture, and sale of monocrystalline silicon products, and polycrystalline silicon battery and components. It also generates and sells solar energy; provides solar energy generation planning, technology research and development, design consultation, integration, and operation maintenance services, as well as after-sale service; invests in, constructs, operates, maintains, and manages solar energy generation projects; and other related business, as well as manufactures generating system devices. The company was founded in 2009 and is based in Beijing, China. CECEP Solar Energy Co.,Ltd. operates as a subsidiary of China Energy Conservation and Environmental Protection Group Co., Ltd.
CECEP Solar Energy Dividend Announcement
• CECEP Solar Energy announced a annually dividend of ¥0.15 per ordinary share which will be made payable on 2024-07-05. Ex dividend date: 2024-07-05
• CECEP Solar Energy annual dividend for 2024 was ¥0.15
• CECEP Solar Energy annual dividend for 2023 was ¥0.13
• CECEP Solar Energy's trailing twelve-month (TTM) dividend yield is 2.85%
• CECEP Solar Energy's payout ratio for the trailing twelve months (TTM) is 107.29%
• CECEP Solar Energy's dividend growth over the last five years (2018-2023) was 11.89% year
CECEP Solar Energy Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-05 | ¥0.15 | annually | 2024-07-05 |
2023-06-28 | ¥0.13 | annually | 2023-06-28 |
2022-10-26 | ¥0.11 | annually | 2022-10-26 |
2021-07-21 | ¥0.12 | annually | 2021-07-21 |
2020-07-06 | ¥0.11 | annually | 2020-07-06 |
2019-06-18 | ¥0.10 | annually | 2019-06-18 |
2018-06-06 | ¥0.07 | annually | 2018-06-06 |
2017-06-05 | ¥0.05 | annually | 2017-06-05 |
2014-06-12 | ¥0.04 | annually | |
2011-05-25 | ¥0.10 | annually | |
2001-06-19 | ¥0.12 | annually | |
1997-07-24 | ¥0.24 | annually |
CECEP Solar Energy Dividend per year
CECEP Solar Energy Dividend growth
CECEP Solar Energy Dividend Yield
CECEP Solar Energy current trailing twelve-month (TTM) dividend yield is 2.85%. Interested in purchasing CECEP Solar Energy stock? Use our calculator to estimate your expected dividend yield:
CECEP Solar Energy Financial Ratios
CECEP Solar Energy Dividend FAQ
Other factors to consider when evaluating CECEP Solar 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: CECEP Solar 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, CECEP Solar 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, CECEP Solar 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 CECEP Solar 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: CECEP Solar 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, CECEP Solar 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: CECEP Solar 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 CECEP Solar 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 CECEP Solar 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.