China National Nuclear Power Co., Ltd. invests in, develops, constructs, operates, and manages nuclear power projects in the People's Republic of China. The company is also involved in the investment and development of clean energy projects; investment and management of power transmission and distribution projects; research on nuclear power operation safety technology, and related technical services and consulting business; and sales of electricity. As of March 31, 2021, it operated 23 nuclear power units with an installed capacity of 21.391 million kilowatts. The company also operates new energy with an installed capacity of 5,249,900 kilowatts, including 1,756,900 kilowatts of wind power energy and 3,493,300 kilowatts of photovoltaic energy. The company is headquartered in Beijing, the People's Republic of China. China National Nuclear Power Co., Ltd. is a subsidiary of China National Nuclear Corporation.
China National Nuclear Power Dividend Announcement
• China National Nuclear Power announced a semi annually dividend of ¥0.02 per ordinary share which will be made payable on 2024-12-02. Ex dividend date: 2024-12-02
• China National Nuclear Power annual dividend for 2024 was ¥0.21
• China National Nuclear Power annual dividend for 2023 was ¥0.17
• China National Nuclear Power's trailing twelve-month (TTM) dividend yield is 2.15%
• China National Nuclear Power's payout ratio for the trailing twelve months (TTM) is 63.69%
• China National Nuclear Power's dividend growth over the last five years (2018-2023) was 8.70% year
China National Nuclear Power Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-02 | ¥0.02 | semi annually | 2024-12-02 |
2024-07-16 | ¥0.20 | semi annually | 2024-07-16 |
2023-07-14 | ¥0.17 | semi annually | 2023-07-14 |
2022-07-15 | ¥0.15 | semi annually | 2022-07-15 |
2021-07-16 | ¥0.13 | semi annually | 2021-07-16 |
2020-07-17 | ¥0.12 | semi annually | 2020-07-17 |
2019-07-19 | ¥0.12 | semi annually | 2019-07-19 |
2018-07-19 | ¥0.11 | semi annually | 2018-07-19 |
2017-07-27 | ¥0.11 | semi annually | 2017-07-27 |
2016-07-13 | ¥0.09 | semi annually |
China National Nuclear Power Dividend per year
China National Nuclear Power Dividend growth
China National Nuclear Power Dividend Yield
China National Nuclear Power current trailing twelve-month (TTM) dividend yield is 2.15%. Interested in purchasing China National Nuclear Power stock? Use our calculator to estimate your expected dividend yield:
China National Nuclear Power Financial Ratios
China National Nuclear Power Dividend FAQ
Other factors to consider when evaluating China National Nuclear 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 National Nuclear 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 National Nuclear 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 National Nuclear 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 National Nuclear 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 National Nuclear 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 National Nuclear 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 National Nuclear 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 National Nuclear 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 National Nuclear 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.