company-logo

CGN New Energy Holdings Co., Ltd., together with its subsidiaries, generates and supplies electricity and steam in the People's Republic of China and Republic of Korea. The company operates wind, solar, gas-fired, coal-fired, oil-fired, hydro, cogen, and fuel cell projects, as well as a steam project. It also engages in the construction and operation of power stations and other associated facilities. In addition, the company provides management services to power plants; and invests in dam and other associated facilities. The company was formerly known as CGN Meiya Power Holdings Co., Ltd. and changed its name to CGN New Energy Holdings Co., Ltd. in November 2015. CGN New Energy Holdings Co., Ltd. was incorporated in 1995 and is headquartered in Wanchai, Hong Kong. CGN New Energy Holdings Co., Ltd. is a subsidiary of CGN Energy International Holdings Co., Limited.

CGN New Energy Dividend Announcement

CGN New Energy announced a annually dividend of HK$0.12 per ordinary share which will be made payable on 2024-06-21. Ex dividend date: 2024-06-05
CGN New Energy annual dividend for 2024 was HK$0.12
CGN New Energy annual dividend for 2023 was HK$0.07
CGN New Energy's trailing twelve-month (TTM) dividend yield is 5.18%
CGN New Energy's payout ratio for the trailing twelve months (TTM) is 26.42%

CGN New Energy Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-05HK$0.12annually2024-06-21
2023-06-06HK$0.07annually2023-06-21
2022-06-06HK$0.07annually2022-06-21
2021-06-04HK$0.12annually2021-06-21
2019-06-03HK$0.04annually2019-06-21
2018-06-04HK$0.03annually2018-06-20
2017-05-26HK$0.04annually2017-06-12
2016-06-07HK$0.03annually2016-06-29

CGN New Energy Dividend per year

CGN New Energy Dividend growth

CGN New Energy Dividend Yield

CGN New Energy current trailing twelve-month (TTM) dividend yield is 5.18%. Interested in purchasing CGN New Energy stock? Use our calculator to estimate your expected dividend yield:

CGN New Energy Financial Ratios

P/E ratio5.12
PEG ratio0.40
P/B ratio0.80
ROE16.01%
Payout ratio26.42%
Current ratio0.83
Quick ratio0.80
Cash Ratio0.06

CGN New Energy Dividend FAQ

How much is the next CGN New Energy dividend?
CGN New Energy's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next CGN New Energy dividend. The next CGN New Energy dividend will be released in June.
When is CGN New Energy dividend paid?
CGN New Energy pays dividends on a annually basis. The specific dates may vary each year but are generally around June. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does CGN New Energy pay?
The specific amount of CGN New Energy dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find CGN New Energy's dividend history.
Does CGN New Energy stock pay dividends?
Yes, CGN New Energy does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find CGN New Energy's dividend history.
How much dividend does CGN New Energy pay?
CGN New Energy paid HK$0.122 in 2024, HK$0.071 in 2023, HK$0.067 in 2022, HK$0.124 in 2021, and HK$0.0 in 2020.
How often does CGN New Energy pay dividends?
CGN New Energy typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around June.
What is CGN New Energy's dividend yield?
The current dividend yield for CGN New Energy is 5.18%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate CGN New Energy's exact dividend yield.
When does CGN New Energy go ex dividend?
CGN New Energy's ex-dividend date for the latest dividend was on 2024-06-05. CGN New Energy typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next CGN New Energy dividend paid?
CGN New Energy pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will CGN New Energy increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether CGN New Energy will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is CGN New Energy dividend per share?
CGN New Energy paid HK$0.122 per share in 2024 and HK$0.071 per share in 2023. The amount of dividend per share that CGN New Energy pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is CGN New Energy a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is CGN New Energy a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is CGN New Energy a dividend stock?
Yes, CGN New Energy is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is CGN New Energy a good dividend stock?
Whether CGN New Energy is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. CGN New Energy has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating CGN New 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.
Does CGN New Energy pay dividends monthly?
CGN New Energy typically pays dividends on a annually basis.
Does CGN New Energy pay dividends quarterly?
CGN New Energy currently pays dividends on a annually basis.
Has CGN New Energy ever paid a dividend?
Yes, CGN New Energy has a history of paying dividends to its shareholders. CGN New Energy is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy CGN New Energy dividend stocks?
To buy CGN New Energy you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy CGN New Energy stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does CGN New Energy pay dividends 2024?
CGN New Energy pays dividends on a annually basis. 2024 dividend payments are in 2024-06-21. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will CGN New Energy increase its dividend in 2024?
Decisions regarding CGN New Energy dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date CGN New Energy dividend overview you can look into the above table of dividend history.
How CGN New Energy dividend works?
The CGN New Energy dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how CGN New Energy's dividend process works:

1. Determination of Dividend: CGN New 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, CGN New 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, CGN New 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 CGN New 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.
How are CGN New Energy dividends paid?
CGN New Energy dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: CGN New 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, CGN New 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: CGN New 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.
How many times does CGN New Energy pay dividends?
CGN New Energy typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does CGN New Energy pay dividends?
The general pattern is that CGN New Energy pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is CGN New Energy dividend safe?
The safety of CGN New Energy's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of CGN New 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 CGN New 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.