Chengdu Xingrong Environment Co., Ltd. provides water utilities and environmental services in China. The company produces, distributes, and markets tap water; and operates and manages sewage treatment services comprising municipal sewage, rural sewage, and industrial wastewater. It also engages in the investment, design, construction, operation management, technical development and consultation, and technical services of reclaimed water-related projects, as well as maintenance and repair of reclaimed water facilities; and sale of reclaimed water. In addition, the company is involved in the design, construction, and consulting of water supply and drainage services; and provision of pipeline technical services, such as water supply pipeline leakage control engineering, drainage pipeline inspection, repair and cleaning, pressure pipeline leak point positioning, underground pipeline detection, engineering measurement, data test of pipe networks, and other related technical and consultation services. It operates 8 waterworks, 13 sewage treatment plants, 2 waste-to-energy plants, 2 leachate treatment plants, and 1 sewage sludge treatment plant. The company was formerly known as Chengdu Xingrong Investment Co., Ltd. and changed its name to Chengdu Xingrong Environment Co., Ltd. in June 2015. Chengdu Xingrong Environment Co., Ltd. was founded in 1995 and is based in Chengdu, China.
Chengdu Xingrong Environment Dividend Announcement
• Chengdu Xingrong Environment announced a annually dividend of ¥0.17 per ordinary share which will be made payable on 2024-06-26. Ex dividend date: 2024-06-26
• Chengdu Xingrong Environment annual dividend for 2024 was ¥0.17
• Chengdu Xingrong Environment annual dividend for 2023 was ¥0.11
• Chengdu Xingrong Environment's trailing twelve-month (TTM) dividend yield is 2.38%
• Chengdu Xingrong Environment's payout ratio for the trailing twelve months (TTM) is 54.55%
• Chengdu Xingrong Environment's dividend growth over the last five years (2018-2023) was 7.50% year
• Chengdu Xingrong Environment's dividend growth over the last ten years (2013-2023) was 8.40% year
Chengdu Xingrong Environment Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-26 | ¥0.17 | annually | 2024-06-26 |
2023-06-28 | ¥0.11 | annually | 2023-06-28 |
2022-07-11 | ¥0.10 | annually | 2022-07-11 |
2021-07-06 | ¥0.10 | annually | 2021-07-06 |
2020-06-16 | ¥0.09 | annually | 2020-06-16 |
2019-05-17 | ¥0.07 | annually | 2019-05-17 |
2018-06-29 | ¥0.08 | annually | 2018-06-29 |
2017-05-17 | ¥0.06 | annually | 2017-05-17 |
2016-04-15 | ¥0.04 | annually | |
2015-05-15 | ¥0.03 | annually | |
2014-04-11 | ¥0.03 | annually | |
2013-04-22 | ¥0.05 | annually |
Chengdu Xingrong Environment Dividend per year
Chengdu Xingrong Environment Dividend growth
Chengdu Xingrong Environment Dividend Yield
Chengdu Xingrong Environment current trailing twelve-month (TTM) dividend yield is 2.38%. Interested in purchasing Chengdu Xingrong Environment stock? Use our calculator to estimate your expected dividend yield:
Chengdu Xingrong Environment Financial Ratios
Chengdu Xingrong Environment Dividend FAQ
Other factors to consider when evaluating Chengdu Xingrong Environment 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: Chengdu Xingrong Environment'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, Chengdu Xingrong Environment 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, Chengdu Xingrong Environment 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 Chengdu Xingrong Environment 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: Chengdu Xingrong Environment 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, Chengdu Xingrong Environment distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Chengdu Xingrong Environment 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 Chengdu Xingrong Environment'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 Chengdu Xingrong Environment'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.