Chongqing Three Gorges Water Conservancy and Electric Power Co., Ltd., together with its subsidiaries, primarily engages in the power generation and supply business in China. It owns hydropower stations with an installed capacity of 750,000 kW; and operates 9 110KV substations and 19 35KV substations with total capacity of 1137.05MVA. The company is also involved in the electrical and mechanical equipment installation, maintenance, and commissioning activities. In addition, it operates as an electrical engineering, and urban and road lighting engineering contractor; and constructs water conservancy and hydropower projects. Further, it offers heating and power supply related services. Chongqing Three Gorges Water Conservancy and Electric Power Co., Ltd. was founded in 1929 and is headquartered in Chongqing, China.
Chongqing Three Gorges Water Conservancy and Electric Power Dividend Announcement
• Chongqing Three Gorges Water Conservancy and Electric Power announced a annually dividend of ¥0.15 per ordinary share which will be made payable on 2024-07-19. Ex dividend date: 2024-07-19 • Chongqing Three Gorges Water Conservancy and Electric Power annual dividend for 2024 was ¥0.15 • Chongqing Three Gorges Water Conservancy and Electric Power annual dividend for 2023 was ¥0.15 • Chongqing Three Gorges Water Conservancy and Electric Power's trailing twelve-month (TTM) dividend yield is 2.06% • Chongqing Three Gorges Water Conservancy and Electric Power's payout ratio for the trailing twelve months (TTM) is 137.36% • Chongqing Three Gorges Water Conservancy and Electric Power's dividend growth over the last five years (2018-2023) was 6.40% year • Chongqing Three Gorges Water Conservancy and Electric Power's dividend growth over the last ten years (2013-2023) was -2.84% year
Chongqing Three Gorges Water Conservancy and Electric Power Dividend History
Chongqing Three Gorges Water Conservancy and Electric Power Dividend per year
Chongqing Three Gorges Water Conservancy and Electric Power Dividend growth
Chongqing Three Gorges Water Conservancy and Electric Power Dividend Yield
Chongqing Three Gorges Water Conservancy and Electric Power current trailing twelve-month (TTM) dividend yield is 2.06%. Interested in purchasing Chongqing Three Gorges Water Conservancy and Electric Power stock? Use our calculator to estimate your expected dividend yield:
Chongqing Three Gorges Water Conservancy and Electric Power Financial Ratios
P/E ratio24.52
PEG ratio-0.04
P/B ratio1.22
ROE5.02%
Payout ratio137.36%
Current ratio0.61
Quick ratio0.56
Cash Ratio0.17
Chongqing Three Gorges Water Conservancy and Electric Power Dividend FAQ
How much is the next Chongqing Three Gorges Water Conservancy and Electric Power dividend?
Chongqing Three Gorges Water Conservancy and Electric Power's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Chongqing Three Gorges Water Conservancy and Electric Power dividend. The next Chongqing Three Gorges Water Conservancy and Electric Power dividend will be released in June.
When is Chongqing Three Gorges Water Conservancy and Electric Power dividend paid?
Chongqing Three Gorges Water Conservancy and Electric Power pays dividends on a annually basis. The specific dates may vary each year but are generally around June. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Chongqing Three Gorges Water Conservancy and Electric Power pay?
The specific amount of Chongqing Three Gorges Water Conservancy and Electric Power dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Chongqing Three Gorges Water Conservancy and Electric Power's dividend history.
Does Chongqing Three Gorges Water Conservancy and Electric Power stock pay dividends?
Yes, Chongqing Three Gorges Water Conservancy and Electric Power does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Chongqing Three Gorges Water Conservancy and Electric Power's dividend history.
How much dividend does Chongqing Three Gorges Water Conservancy and Electric Power pay?
Chongqing Three Gorges Water Conservancy and Electric Power paid ¥0.15 in 2024, ¥0.15 in 2023, ¥0.15 in 2022, ¥0.1 in 2021, and ¥0.1 in 2020.
How often does Chongqing Three Gorges Water Conservancy and Electric Power pay dividends?
Chongqing Three Gorges Water Conservancy and Electric Power typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around June.
What is Chongqing Three Gorges Water Conservancy and Electric Power's dividend yield?
The current dividend yield for Chongqing Three Gorges Water Conservancy and Electric Power is 2.06%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Chongqing Three Gorges Water Conservancy and Electric Power's exact dividend yield.
When does Chongqing Three Gorges Water Conservancy and Electric Power go ex dividend?
Chongqing Three Gorges Water Conservancy and Electric Power's ex-dividend date for the latest dividend was on 2024-07-19. Chongqing Three Gorges Water Conservancy and Electric Power typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Chongqing Three Gorges Water Conservancy and Electric Power dividend paid?
Chongqing Three Gorges Water Conservancy and Electric Power pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Chongqing Three Gorges Water Conservancy and Electric Power increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Chongqing Three Gorges Water Conservancy and Electric Power will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Chongqing Three Gorges Water Conservancy and Electric Power dividend per share?
Chongqing Three Gorges Water Conservancy and Electric Power paid ¥0.15 per share in 2024 and ¥0.15 per share in 2023. The amount of dividend per share that Chongqing Three Gorges Water Conservancy and Electric Power pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Chongqing Three Gorges Water Conservancy and Electric Power a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Chongqing Three Gorges Water Conservancy and Electric Power a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Chongqing Three Gorges Water Conservancy and Electric Power a dividend stock?
Yes, Chongqing Three Gorges Water Conservancy and Electric Power is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Chongqing Three Gorges Water Conservancy and Electric Power a good dividend stock?
Whether Chongqing Three Gorges Water Conservancy and Electric Power is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Chongqing Three Gorges Water Conservancy and Electric Power has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Chongqing Three Gorges Water Conservancy and Electric 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.
Does Chongqing Three Gorges Water Conservancy and Electric Power pay dividends monthly?
Chongqing Three Gorges Water Conservancy and Electric Power typically pays dividends on a annually basis.
Does Chongqing Three Gorges Water Conservancy and Electric Power pay dividends quarterly?
Chongqing Three Gorges Water Conservancy and Electric Power currently pays dividends on a annually basis.
Has Chongqing Three Gorges Water Conservancy and Electric Power ever paid a dividend?
Yes, Chongqing Three Gorges Water Conservancy and Electric Power has a history of paying dividends to its shareholders. Chongqing Three Gorges Water Conservancy and Electric Power is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Chongqing Three Gorges Water Conservancy and Electric Power dividend stocks?
To buy Chongqing Three Gorges Water Conservancy and Electric Power you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Chongqing Three Gorges Water Conservancy and Electric Power stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Chongqing Three Gorges Water Conservancy and Electric Power pay dividends 2024?
Chongqing Three Gorges Water Conservancy and Electric Power pays dividends on a annually basis. 2024 dividend payments are in 2024-07-19. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Chongqing Three Gorges Water Conservancy and Electric Power increase its dividend in 2024?
Decisions regarding Chongqing Three Gorges Water Conservancy and Electric Power dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Chongqing Three Gorges Water Conservancy and Electric Power dividend overview you can look into the above table of dividend history.
How Chongqing Three Gorges Water Conservancy and Electric Power dividend works?
The Chongqing Three Gorges Water Conservancy and Electric Power dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Chongqing Three Gorges Water Conservancy and Electric Power's dividend process works:
1. Determination of Dividend: Chongqing Three Gorges Water Conservancy and Electric 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, Chongqing Three Gorges Water Conservancy and Electric 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, Chongqing Three Gorges Water Conservancy and Electric 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 Chongqing Three Gorges Water Conservancy and Electric 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.
How are Chongqing Three Gorges Water Conservancy and Electric Power dividends paid?
Chongqing Three Gorges Water Conservancy and Electric Power dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Chongqing Three Gorges Water Conservancy and Electric 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, Chongqing Three Gorges Water Conservancy and Electric 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: Chongqing Three Gorges Water Conservancy and Electric 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.
How many times does Chongqing Three Gorges Water Conservancy and Electric Power pay dividends?
Chongqing Three Gorges Water Conservancy and Electric Power typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Chongqing Three Gorges Water Conservancy and Electric Power pay dividends?
The general pattern is that Chongqing Three Gorges Water Conservancy and Electric Power pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Chongqing Three Gorges Water Conservancy and Electric Power dividend safe?
The safety of Chongqing Three Gorges Water Conservancy and Electric Power's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Chongqing Three Gorges Water Conservancy and Electric 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 Chongqing Three Gorges Water Conservancy and Electric 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.