China Resources Power Holdings Company Limited, an investment holding company, invests in, develops, operates, and manages power plants and coal mines in the People's Republic of China. The company operates in two segments, Thermal Power and Renewable Energy. It operates and manages coal- and gas-fired power plants, wind farms, photovoltaic power plants, hydro-electric power plants, and other clean and renewable energy projects. As of December 31, 2021, the company had 37 coal-fired power plants, 141 wind farms, 31 photovoltaic power plants, 2 hydroelectric plants, and 4 gas-fired plants with total attributable operational generation capacity of 47,997 MW. It also engages in coal mining activities; and undertakes combined generation of heat and power, coal-electricity integration, and other projects. In addition, the company is involved in the distribution of energy, power sale, intelligent energy, coal mining, and other areas; and distribution network construction and operation, distributed energy resource, and other businesses. The company was founded in 2001 and is based in Wan Chai, Hong Kong. China Resources Power Holdings Company Limited is a subsidiary of CRH (Power) Limited.
China Resources Power Dividend Announcement
• China Resources Power announced a quarterly dividend of HK$0.46 per ordinary share which will be made payable on 2024-11-01. Ex dividend date: 2024-09-10
• China Resources Power annual dividend for 2024 was HK$1.04
• China Resources Power annual dividend for 2023 was HK$1.20
• China Resources Power's trailing twelve-month (TTM) dividend yield is 10.68%
• China Resources Power's payout ratio for the trailing twelve months (TTM) is 42.51%
• China Resources Power's dividend growth over the last five years (2018-2023) was 6.59% year
• China Resources Power's dividend growth over the last ten years (2013-2023) was 8.55% year
China Resources Power Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-10 | HK$0.46 | quarterly | 2024-11-01 |
2024-06-07 | HK$0.59 | quarterly | 2024-07-22 |
2023-11-29 | HK$0.50 | quarterly | 2024-01-23 |
2023-09-05 | HK$0.33 | quarterly | 2023-11-03 |
2023-06-13 | HK$0.38 | quarterly | 2023-07-21 |
2022-09-02 | HK$0.21 | quarterly | 2022-11-04 |
2022-06-09 | HK$0.04 | quarterly | 2022-07-22 |
2021-09-02 | HK$0.25 | quarterly | 2021-10-26 |
2021-06-16 | HK$0.41 | quarterly | 2021-07-09 |
2020-10-08 | HK$0.23 | quarterly | 2020-10-23 |
2020-06-17 | HK$0.35 | quarterly | 2020-07-09 |
2019-10-04 | HK$0.20 | quarterly | 2019-10-25 |
2019-07-03 | HK$0.20 | quarterly | 2019-07-26 |
2018-10-05 | HK$0.12 | quarterly | 2018-10-26 |
2018-06-15 | HK$0.75 | quarterly | 2018-07-05 |
2017-10-13 | HK$0.12 | quarterly | 2017-10-31 |
2017-06-20 | HK$0.75 | quarterly | 2017-06-30 |
2016-09-21 | HK$0.12 | quarterly | |
2016-06-10 | HK$0.75 | quarterly | |
2015-09-23 | HK$0.10 | quarterly | |
2015-06-11 | HK$0.70 | quarterly | |
2014-09-18 | HK$0.08 | quarterly | |
2014-06-16 | HK$0.67 | quarterly | |
2013-09-12 | HK$0.08 | quarterly | |
2013-06-13 | HK$0.45 | quarterly |
China Resources Power Dividend per year
China Resources Power Dividend growth
China Resources Power Dividend Yield
China Resources Power current trailing twelve-month (TTM) dividend yield is 10.68%. Interested in purchasing China Resources Power stock? Use our calculator to estimate your expected dividend yield:
China Resources Power Financial Ratios
China Resources Power Dividend FAQ
Other factors to consider when evaluating China Resources 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 Resources 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 Resources 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 Resources 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 Resources 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 Resources 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 Resources 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 Resources 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 Resources 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 Resources 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.