China Datang Corporation Renewable Power Co., Limited, together with its subsidiaries, generates and sells wind power and other renewable power in the People's Republic of China. The company develops, invests in, constructs, and manages wind power and other renewable energy sources, including solar power, hydro power, and biomass. It also engages in the research and development, application, and promotion of low carbon technology; research, sale, testing, and maintenance of renewable energy-related equipment; power generation; and design, construction and installation, repair, and maintenance of domestic and international power projects. In addition, the company provides import and export services for renewable energy equipment and technologies; foreign investments; and renewable energy-related consulting services. As of December 31, 2021, it had consolidated installed capacity of 13,078.02 megawatts (MW), including 11,997.55 MW of wind power installed capacity and 1,075.47 MW of photovoltaic installed capacity. The company was formerly known as Datang Chifeng Saihanba Wind Power Generation Co., Ltd. and changed its name to China Datang Corporation Renewable Power Co., Limited in March 2009. The company was founded in 2004 and is headquartered in Beijing, the People's Republic of China. China Datang Corporation Renewable Power Co., Limited is a subsidiary of China Datang Corporation Ltd.
China Datang Renewable Power Dividend Announcement
• China Datang Renewable Power announced a semi annually dividend of HK$0.03 per ordinary share which will be made payable on 2024-12-13. Ex dividend date: 2024-11-05
• China Datang Renewable Power annual dividend for 2024 was HK$0.11
• China Datang Renewable Power annual dividend for 2023 was HK$0.05
• China Datang Renewable Power's trailing twelve-month (TTM) dividend yield is 5.7%
• China Datang Renewable Power's payout ratio for the trailing twelve months (TTM) is 34.50%
• China Datang Renewable Power's dividend growth over the last five years (2018-2023) was 24.57% year
China Datang Renewable Power Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-05 | HK$0.03 | semi annually | 2024-12-13 |
2024-07-05 | HK$0.08 | semi annually | 2024-08-23 |
2023-07-06 | HK$0.05 | semi annually | 2023-08-25 |
2022-07-07 | HK$0.04 | semi annually | 2022-08-26 |
2021-07-07 | HK$0.04 | semi annually | 2021-08-27 |
2020-07-07 | HK$0.03 | semi annually | 2020-08-28 |
2019-07-03 | HK$0.02 | semi annually | 2019-08-20 |
2018-07-03 | HK$0.02 | semi annually | 2018-08-20 |
2017-07-10 | HK$0.01 | semi annually | 2017-07-17 |
2014-06-11 | HK$0.00 | semi annually | 2014-08-21 |
2013-07-03 | HK$0.02 | semi annually | 2013-08-22 |
2012-05-21 | HK$0.04 | semi annually | 2012-07-25 |
China Datang Renewable Power Dividend per year
China Datang Renewable Power Dividend growth
China Datang Renewable Power Dividend Yield
China Datang Renewable Power current trailing twelve-month (TTM) dividend yield is 5.7%. Interested in purchasing China Datang Renewable Power stock? Use our calculator to estimate your expected dividend yield:
China Datang Renewable Power Financial Ratios
China Datang Renewable Power Dividend FAQ
Other factors to consider when evaluating China Datang Renewable Power 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: China Datang Renewable Power'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 Datang Renewable Power 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 Datang Renewable Power 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 Datang Renewable Power 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: China Datang Renewable Power 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 Datang Renewable Power 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 Datang Renewable Power 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 China Datang Renewable Power'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 Datang Renewable Power'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.