China Power International Development Limited, an investment holding company, develops, constructs, owns, operates, and manages power plants in the People's Republic of China. The company operates through Coal-Fired Electricity, Hydropower Electricity, and Photovoltaic Power Electricity segments. It generates, distributes, and sells electricity through coal-fired, hydro, wind, and photovoltaic power plants. The company provides coal management and consultancy, and logistic services; and owns and operates hotels. China Power International Development Limited was incorporated in 2004 and is based in Wan Chai, Hong Kong.
China Power International Development Dividend Announcement
• China Power International Development announced a semi annually dividend of HK$0.05 per ordinary share which will be made payable on 2024-10-15. Ex dividend date: 2024-09-30
• China Power International Development annual dividend for 2024 was HK$0.20
• China Power International Development annual dividend for 2023 was HK$0.13
• China Power International Development's trailing twelve-month (TTM) dividend yield is 6.27%
• China Power International Development's payout ratio for the trailing twelve months (TTM) is 50.96%
• China Power International Development's dividend growth over the last five years (2018-2023) was 4.54% year
• China Power International Development's dividend growth over the last ten years (2013-2023) was 3.39% year
China Power International Development Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-30 | HK$0.05 | semi annually | 2024-10-15 |
2024-06-11 | HK$0.15 | semi annually | 2024-06-28 |
2023-06-12 | HK$0.13 | semi annually | 2023-06-30 |
2022-06-07 | HK$0.06 | semi annually | 2022-06-30 |
2021-06-07 | HK$0.16 | semi annually | 2021-06-30 |
2020-06-15 | HK$0.14 | semi annually | 2020-06-30 |
2019-06-11 | HK$0.13 | semi annually | 2019-06-28 |
2018-06-07 | HK$0.10 | semi annually | 2018-06-29 |
2017-06-08 | HK$0.18 | semi annually | 2017-06-30 |
2016-06-15 | HK$0.28 | semi annually | |
2016-06-10 | HK$0.28 | semi annually | |
2015-06-12 | HK$0.17 | semi annually | 2015-06-30 |
2014-05-26 | HK$0.16 | semi annually | 2014-06-30 |
2013-05-30 | HK$0.09 | semi annually | 2013-06-28 |
China Power International Development Dividend per year
China Power International Development Dividend growth
China Power International Development Dividend Yield
China Power International Development current trailing twelve-month (TTM) dividend yield is 6.27%. Interested in purchasing China Power International Development stock? Use our calculator to estimate your expected dividend yield:
China Power International Development Financial Ratios
China Power International Development Dividend FAQ
Other factors to consider when evaluating China Power International Development 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 Power International Development'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 Power International Development 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 Power International Development 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 Power International Development 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 Power International Development 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 Power International Development 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 Power International Development 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 Power International Development'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 Power International Development'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.