China Coal Xinji Energy Co.,Ltd engages in mining, washing, and sales of bituminous and anthracite coal. It is also involved in the thermal power generation; hotel and catering business; property management; and electricity and heat production and supply. The company was formerly known as SDIC Xinji Energy Co., Ltd. and changed its name to China Coal Xinji Energy Co.,Ltd in January 2017. China Coal Xinji Energy Co.,Ltd is headquartered in Huainan, China.
China Coal Xinji Energy Dividend Announcement
• China Coal Xinji Energy announced a annually dividend of ¥0.15 per ordinary share which will be made payable on 2024-06-21. Ex dividend date: 2024-06-21 • China Coal Xinji Energy annual dividend for 2024 was ¥0.15 • China Coal Xinji Energy annual dividend for 2023 was ¥0.11 • China Coal Xinji Energy's trailing twelve-month (TTM) dividend yield is 1.83% • China Coal Xinji Energy's payout ratio for the trailing twelve months (TTM) is 63.77%
China Coal Xinji Energy current trailing twelve-month (TTM) dividend yield is 1.83%. Interested in purchasing China Coal Xinji Energy stock? Use our calculator to estimate your expected dividend yield:
China Coal Xinji Energy Financial Ratios
P/E ratio10.57
PEG ratio0.08
P/B ratio1.41
ROE14.09%
Payout ratio63.77%
Current ratio0.44
Quick ratio0.41
Cash Ratio0.24
China Coal Xinji Energy Dividend FAQ
How much is the next China Coal Xinji Energy dividend?
China Coal Xinji 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 China Coal Xinji Energy dividend. The next China Coal Xinji Energy dividend will be released in July.
When is China Coal Xinji Energy dividend paid?
China Coal Xinji Energy pays dividends on a annually basis. The specific dates may vary each year but are generally around July. 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 China Coal Xinji Energy pay?
The specific amount of China Coal Xinji 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 China Coal Xinji Energy's dividend history.
Does China Coal Xinji Energy stock pay dividends?
Yes, China Coal Xinji 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 China Coal Xinji Energy's dividend history.
How much dividend does China Coal Xinji Energy pay?
China Coal Xinji Energy paid ¥0.15 in 2024, ¥0.11 in 2023, ¥0.07 in 2022, ¥0.035 in 2021, and ¥0.02 in 2020.
How often does China Coal Xinji Energy pay dividends?
China Coal Xinji 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 July.
What is China Coal Xinji Energy's dividend yield?
The current dividend yield for China Coal Xinji Energy is 1.83%. 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 China Coal Xinji Energy's exact dividend yield.
When does China Coal Xinji Energy go ex dividend?
China Coal Xinji Energy's ex-dividend date for the latest dividend was on 2024-06-21. China Coal Xinji 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 China Coal Xinji Energy dividend paid?
China Coal Xinji Energy pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will China Coal Xinji 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 China Coal Xinji 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 China Coal Xinji Energy dividend per share?
China Coal Xinji Energy paid ¥0.15 per share in 2024 and ¥0.11 per share in 2023. The amount of dividend per share that China Coal Xinji 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 China Coal Xinji 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 China Coal Xinji 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 China Coal Xinji Energy a dividend stock?
Yes, China Coal Xinji Energy is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is China Coal Xinji Energy a good dividend stock?
Whether China Coal Xinji 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. China Coal Xinji Energy has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating China Coal Xinji 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 China Coal Xinji Energy pay dividends monthly?
China Coal Xinji Energy typically pays dividends on a annually basis.
Does China Coal Xinji Energy pay dividends quarterly?
China Coal Xinji Energy currently pays dividends on a annually basis.
Has China Coal Xinji Energy ever paid a dividend?
Yes, China Coal Xinji Energy has a history of paying dividends to its shareholders. China Coal Xinji Energy is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy China Coal Xinji Energy dividend stocks?
To buy China Coal Xinji 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 China Coal Xinji 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 China Coal Xinji Energy pay dividends 2024?
China Coal Xinji 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 China Coal Xinji Energy increase its dividend in 2024?
Decisions regarding China Coal Xinji 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 China Coal Xinji Energy dividend overview you can look into the above table of dividend history.
How China Coal Xinji Energy dividend works?
The China Coal Xinji 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 China Coal Xinji Energy's dividend process works:
1. Determination of Dividend: China Coal Xinji 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, China Coal Xinji 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, China Coal Xinji 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 China Coal Xinji 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 China Coal Xinji Energy dividends paid?
China Coal Xinji Energy dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: China Coal Xinji 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, China Coal Xinji 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: China Coal Xinji 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 China Coal Xinji Energy pay dividends?
China Coal Xinji 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 China Coal Xinji Energy pay dividends?
The general pattern is that China Coal Xinji Energy pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is China Coal Xinji Energy dividend safe?
The safety of China Coal Xinji 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 China Coal Xinji 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 China Coal Xinji 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.