Central Plains Environment Protection Co.,Ltd. engages in the construction, operation, and management of environmental and public utility projects in the People's Republic of China. It is also involved in the urban water supply and drainage, sewage treatment, reclaimed water utilization, and sludge treatment; heat production and supply; waste power, wind power, and photovoltaic power generation; water technical research and technology development, equipment manufacturing and sales, engineering design and general contracting construction, project management, engineering consulting, and technical services; municipal infrastructure construction; ecological engineering and restoration; seedling planting; garden design; and landscaping engineering and garden maintenance activities. The company is based in Zhengzhou, the People's Republic of China. Central Plains Environment Protection Co.,Ltd. is a subsidiary of Zhengzhou Public Utilities Investment and Development Group Co., Ltd.
Central Plains Environment Protection Dividend Announcement
• Central Plains Environment Protection announced a annually dividend of ¥0.18 per ordinary share which will be made payable on 2024-06-18. Ex dividend date: 2024-06-18
• Central Plains Environment Protection annual dividend for 2024 was ¥0.18
• Central Plains Environment Protection annual dividend for 2023 was ¥0.15
• Central Plains Environment Protection's trailing twelve-month (TTM) dividend yield is 2.0%
• Central Plains Environment Protection's payout ratio for the trailing twelve months (TTM) is 99.36%
• Central Plains Environment Protection's dividend growth over the last five years (2018-2023) was -15.59% year
Central Plains Environment Protection Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-18 | ¥0.18 | annually | 2024-06-18 |
2023-06-13 | ¥0.15 | annually | 2023-06-13 |
2022-05-31 | ¥0.25 | annually | 2022-05-31 |
2021-05-25 | ¥0.25 | annually | 2021-05-25 |
2020-05-18 | ¥0.25 | annually | 2020-05-18 |
2019-06-18 | ¥0.25 | annually | 2019-06-18 |
2018-05-29 | ¥0.35 | annually | 2018-05-29 |
2017-06-13 | ¥0.05 | annually | 2017-06-13 |
2016-06-22 | ¥0.04 | annually | |
2015-05-18 | ¥0.04 | annually | |
2014-05-19 | ¥0.04 | annually |
Central Plains Environment Protection Dividend per year
Central Plains Environment Protection Dividend growth
Central Plains Environment Protection Dividend Yield
Central Plains Environment Protection current trailing twelve-month (TTM) dividend yield is 2.0%. Interested in purchasing Central Plains Environment Protection stock? Use our calculator to estimate your expected dividend yield:
Central Plains Environment Protection Financial Ratios
Central Plains Environment Protection Dividend FAQ
Other factors to consider when evaluating Central Plains Environment Protection 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: Central Plains Environment Protection'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, Central Plains Environment Protection 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, Central Plains Environment Protection 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 Central Plains Environment Protection 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: Central Plains Environment Protection 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, Central Plains Environment Protection distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Central Plains Environment Protection 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 Central Plains Environment Protection'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 Central Plains Environment Protection'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.