China Yangtze Power Co., Ltd., together with its subsidiaries, engages in operation, management, consultation, investment, and financing of hydropower stations in the People's Republic of China. The company owns, operates, and manages hydropower generation assets in the Three Gorges, Gezhouba, Xiluodu, and Xiangjiaba with an installed capacity of 45,495 MW. It is also involved in production and distribution of power, electricity, and heat business; and provision of high-technology and software development services. The company was founded in 2002 and is based in Beijing, the People's Republic of China. China Yangtze Power Co., Ltd. is a subsidiary of China Three Gorges Corporation.
China Yangtze Power Dividend Announcement
• China Yangtze Power announced a annually dividend of ¥0.82 per ordinary share which will be made payable on 2024-07-19. Ex dividend date: 2024-07-19
• China Yangtze Power annual dividend for 2024 was ¥0.82
• China Yangtze Power annual dividend for 2023 was ¥0.85
• China Yangtze Power's trailing twelve-month (TTM) dividend yield is 2.89%
• China Yangtze Power's payout ratio for the trailing twelve months (TTM) is 153.67%
• China Yangtze Power's dividend growth over the last five years (2018-2023) was 4.65% year
• China Yangtze Power's dividend growth over the last ten years (2013-2023) was 9.91% year
China Yangtze Power Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-19 | ¥0.82 | annually | 2024-07-19 |
2023-07-21 | ¥0.85 | annually | 2023-07-21 |
2022-07-21 | ¥0.82 | annually | 2022-07-21 |
2021-07-16 | ¥0.70 | annually | 2021-07-16 |
2020-07-17 | ¥0.68 | annually | 2020-07-17 |
2019-07-18 | ¥0.68 | annually | 2019-07-18 |
2018-06-22 | ¥0.68 | annually | 2018-06-22 |
2017-07-14 | ¥0.72 | annually | 2017-07-14 |
2016-07-19 | ¥0.53 | annually | |
2015-06-30 | ¥0.38 | annually | |
2014-07-11 | ¥0.28 | annually | |
2013-07-01 | ¥0.33 | annually |
China Yangtze Power Dividend per year
China Yangtze Power Dividend growth
China Yangtze Power Dividend Yield
China Yangtze Power current trailing twelve-month (TTM) dividend yield is 2.89%. Interested in purchasing China Yangtze Power stock? Use our calculator to estimate your expected dividend yield:
China Yangtze Power Financial Ratios
China Yangtze Power Dividend FAQ
Other factors to consider when evaluating China Yangtze 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 Yangtze 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 Yangtze 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 Yangtze 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 Yangtze 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 Yangtze 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 Yangtze 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 Yangtze 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 Yangtze 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 Yangtze 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.