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Changgao Electric Group Co., Ltd. engages in the research, development, manufacture, and sale of power equipment in the People's Republic of China and internationally. The company offers ring main units, metal-enclosed switchgears, disconnector switches, earthing switches, circuit breakers, and H-GIS and GIS equipment, as well as low/medium voltage switchgears and other products. It also offers engineering services comprising operation and maintenance, construction, equipment supply, design, financial support, and consulting in the areas of transmission and distribution, and renewable energy. The company was formerly known as Hunan Changgao Highvoltage Switchgear Group Co., Ltd. and changed its name to Changgao Electric Group Co., Ltd. in December 2017. Changgao Electric Group Co., Ltd. is based in Changsha, the People's Republic of China.

Changgao Electric Dividend Announcement

Changgao Electric announced a annually dividend of ¥0.07 per ordinary share which will be made payable on 2024-05-16. Ex dividend date: 2024-05-16
Changgao Electric annual dividend for 2024 was ¥0.07
Changgao Electric annual dividend for 2023 was ¥0.02
Changgao Electric's trailing twelve-month (TTM) dividend yield is 0.88%
Changgao Electric's payout ratio for the trailing twelve months (TTM) is 31.14%

Changgao Electric Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-16¥0.07annually2024-05-16
2023-05-31¥0.02annually2023-05-31
2022-06-10¥0.07annually2022-06-10
2021-05-25¥0.07annually2021-05-25
2020-04-28¥0.07annually2020-04-28
2018-05-24¥0.03annually2018-05-24
2017-05-18¥0.05annually2017-05-18
2016-03-31¥0.06annually
2015-04-30¥0.10annually
2014-04-25¥0.10annually
2013-09-10¥0.10annually
2013-05-28¥0.13annually
2012-05-23¥0.15annually

Changgao Electric Dividend per year

Changgao Electric Dividend growth

Changgao Electric Dividend Yield

Changgao Electric current trailing twelve-month (TTM) dividend yield is 0.88%. Interested in purchasing Changgao Electric stock? Use our calculator to estimate your expected dividend yield:

Changgao Electric Financial Ratios

P/E ratio25.16
PEG ratio0.25
P/B ratio2.05
ROE8.39%
Payout ratio31.14%
Current ratio3.25
Quick ratio2.65
Cash Ratio1.20

Changgao Electric Dividend FAQ

How much is the next Changgao Electric dividend?
Changgao Electric's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Changgao Electric dividend. The next Changgao Electric dividend will be released in May.
When is Changgao Electric dividend paid?
Changgao Electric pays dividends on a annually basis. The specific dates may vary each year but are generally around May. 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 Changgao Electric pay?
The specific amount of Changgao Electric 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 Changgao Electric's dividend history.
Does Changgao Electric stock pay dividends?
Yes, Changgao Electric 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 Changgao Electric's dividend history.
How much dividend does Changgao Electric pay?
Changgao Electric paid ¥0.07 in 2024, ¥0.02 in 2023, ¥0.07 in 2022, ¥0.07 in 2021, and ¥0.07 in 2020.
How often does Changgao Electric pay dividends?
Changgao Electric 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 May.
What is Changgao Electric's dividend yield?
The current dividend yield for Changgao Electric is 0.88%. 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 Changgao Electric's exact dividend yield.
When does Changgao Electric go ex dividend?
Changgao Electric's ex-dividend date for the latest dividend was on 2024-05-16. Changgao Electric 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 Changgao Electric dividend paid?
Changgao Electric pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will Changgao Electric 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 Changgao Electric 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 Changgao Electric dividend per share?
Changgao Electric paid ¥0.07 per share in 2024 and ¥0.02 per share in 2023. The amount of dividend per share that Changgao Electric 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 Changgao Electric 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 Changgao Electric 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 Changgao Electric a dividend stock?
Yes, Changgao Electric is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Changgao Electric a good dividend stock?
Whether Changgao Electric is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Changgao Electric has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Changgao Electric 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 Changgao Electric pay dividends monthly?
Changgao Electric typically pays dividends on a annually basis.
Does Changgao Electric pay dividends quarterly?
Changgao Electric currently pays dividends on a annually basis.
Has Changgao Electric ever paid a dividend?
Yes, Changgao Electric has a history of paying dividends to its shareholders. Changgao Electric is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Changgao Electric dividend stocks?
To buy Changgao Electric 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 Changgao Electric 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 Changgao Electric pay dividends 2024?
Changgao Electric pays dividends on a annually basis. 2024 dividend payments are in 2024-05-16. 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 Changgao Electric increase its dividend in 2024?
Decisions regarding Changgao Electric 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 Changgao Electric dividend overview you can look into the above table of dividend history.
How Changgao Electric dividend works?
The Changgao Electric 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 Changgao Electric's dividend process works:

1. Determination of Dividend: Changgao Electric'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, Changgao Electric 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, Changgao Electric 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 Changgao Electric 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 Changgao Electric dividends paid?
Changgao Electric dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Changgao Electric 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, Changgao Electric distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Changgao Electric 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 Changgao Electric pay dividends?
Changgao Electric 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 Changgao Electric pay dividends?
The general pattern is that Changgao Electric pays dividends around May. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Changgao Electric dividend safe?
The safety of Changgao Electric'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 Changgao Electric'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 Changgao Electric'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.