China Shenhua Energy Company Limited and its subsidiaries engage in the production and sales of coal and power; railway, port, and shipping transportation; and coal-to-olefins businesses in the People's Republic of China and internationally. It operates through six segments: Coal, Power, Railway, Port, Shipping, and Coal Chemical. The Coal segment produces coal from surface and underground mines; and sells coal to power plants, metallurgical and coal chemical producers, and provincial/regional electric grid companies. As of December 31, 2021, this segment had the recoverable coal reserves of 14.15 billion tones. The Power segment generates electric power through thermal, wind, water, and gas; and sells electric power to power grid companies. The Railway segment provides railway transportation services. The Port segment offers loading, transportation, and storage services. The Shipping segment provides shipment transportation services. The Coal Chemical segment produces and sells methanol; and polyethylene and polypropylene, as well as other by-products. The company was incorporated in 2004 and is based in Beijing, the People's Republic of China. China Shenhua Energy Company Limited is a subsidiary of China Energy Investment Corporation Limited.
China Shenhua Energy Dividend Announcement
• China Shenhua Energy announced a annually dividend of $1.25 per ordinary share which will be made payable on 2024-09-05. Ex dividend date: 2024-06-28
• China Shenhua Energy annual dividend for 2024 was $1.25
• China Shenhua Energy annual dividend for 2023 was $1.46
• China Shenhua Energy's trailing twelve-month (TTM) dividend yield is 6.84%
• China Shenhua Energy's payout ratio for the trailing twelve months (TTM) is 82.02%
• China Shenhua Energy's dividend growth over the last five years (2018-2023) was 20.48% year
• China Shenhua Energy's dividend growth over the last ten years (2013-2023) was 9.01% year
China Shenhua Energy Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-28 | $1.25 | annually | 2024-09-05 |
2023-06-22 | $1.46 | annually | 2023-08-31 |
2022-06-29 | $1.51 | annually | 2022-09-08 |
2021-06-30 | $1.13 | annually | 2021-09-08 |
2020-06-03 | $0.71 | annually | 2020-08-14 |
2019-06-26 | $0.53 | annually | 2019-08-23 |
2018-06-27 | $0.57 | annually | 2018-08-20 |
2017-06-27 | $1.73 | annually | 2017-09-06 |
2016-06-21 | $0.19 | annually | 2016-08-12 |
2015-06-02 | $0.48 | annually | 2015-07-27 |
2014-07-01 | $0.59 | annually | 2014-08-25 |
2013-06-25 | $0.62 | annually | 2013-08-16 |
China Shenhua Energy Dividend per year
China Shenhua Energy Dividend growth
China Shenhua Energy Dividend Yield
China Shenhua Energy current trailing twelve-month (TTM) dividend yield is 6.84%. Interested in purchasing China Shenhua Energy stock? Use our calculator to estimate your expected dividend yield:
China Shenhua Energy Financial Ratios
China Shenhua Energy Dividend FAQ
Other factors to consider when evaluating China Shenhua 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.
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1. Determination of Dividend: China Shenhua 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 Shenhua 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 Shenhua 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 Shenhua 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.
1. Record Date: China Shenhua 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 Shenhua 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 Shenhua 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.
To assess the safety of China Shenhua 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 Shenhua 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.