Clenergy Technology Co., Ltd. researches, develops, manufactures, sells, and services solar tracking, mounting, and cable management gear products in China and internationally. The company provides tracking systems; a range of solar mounting systems for various kinds of solar installations, including residential, industrial, commercial, and utility scale projects; cable tray system for managing energy cables; and related accessories. It also offers power electronics products, such as integrated string combiner boxes, AC combiner boxes, and three phase string inverters. In addition, the company provides turnkey engineering services, including design, development, procurement, and construction of power plants; project consultation services, such as policy analysis, business trends analysis, project positioning analysis, risk analysis, and financing solutions; and technical consultation services comprising site investigation, technical scheme comparison and selection, economic analysis, technical risk assessment, on-site technical management, and project post-evaluation. Further, it offers project financing services. The company provides its products and services through distributors. Clenergy Technology Co., Ltd. was formerly known as Clenergy (Xiamen) Technology Co., Ltd. and changed its name to Clenergy Technology Co., Ltd. in July 2022. The company was founded in 2007 and is based in Xiamen, China.
Clenergy Technology Dividend Announcement
• Clenergy Technology announced a annually dividend of ¥0.12 per ordinary share which will be made payable on 2024-06-24. Ex dividend date: 2024-06-24
• Clenergy Technology annual dividend for 2024 was ¥0.12
• Clenergy Technology annual dividend for 2023 was ¥0.08
• Clenergy Technology's trailing twelve-month (TTM) dividend yield is 0.8%
• Clenergy Technology's payout ratio for the trailing twelve months (TTM) is 46.40%
Clenergy Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-24 | ¥0.12 | annually | 2024-06-24 |
2023-06-26 | ¥0.08 | annually | 2023-06-26 |
2022-06-23 | ¥0.04 | annually | 2022-06-23 |
2021-06-16 | ¥0.05 | annually | 2021-06-16 |
2019-07-09 | ¥0.02 | annually | 2019-07-09 |
2018-07-10 | ¥0.04 | annually | 2018-07-10 |
2017-06-06 | ¥0.04 | annually | 2017-06-06 |
Clenergy Technology Dividend per year
Clenergy Technology Dividend growth
Clenergy Technology Dividend Yield
Clenergy Technology current trailing twelve-month (TTM) dividend yield is 0.8%. Interested in purchasing Clenergy Technology stock? Use our calculator to estimate your expected dividend yield:
Clenergy Technology Financial Ratios
Clenergy Technology Dividend FAQ
Other factors to consider when evaluating Clenergy Technology 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: Clenergy Technology'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, Clenergy Technology 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, Clenergy Technology 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 Clenergy Technology 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: Clenergy Technology 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, Clenergy Technology distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Clenergy Technology 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 Clenergy Technology'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 Clenergy Technology'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.