EIT Environmental Development Group Co., Ltd provides municipal environmental sanitation services in China. The company offers urban sanitation service, property management services, urban municipal lighting, urban park greening management, smart city construction, urban management consulting, human resource outsourcing, rural revitalization fund, forestry carbon sink development, waste sorting and recycling, and food waste disposal services. EIT Environmental Development Group Co., Ltd was founded in 2010 and is headquartered in Shenzhen, China.
EIT Environmental Development Dividend Announcement
• EIT Environmental Development announced a annually dividend of ¥0.20 per ordinary share which will be made payable on 2024-06-12. Ex dividend date: 2024-06-12 • EIT Environmental Development annual dividend for 2024 was ¥0.20 • EIT Environmental Development annual dividend for 2023 was ¥0.68 • EIT Environmental Development's trailing twelve-month (TTM) dividend yield is 1.3% • EIT Environmental Development's payout ratio for the trailing twelve months (TTM) is 55.86%
EIT Environmental Development current trailing twelve-month (TTM) dividend yield is 1.3%. Interested in purchasing EIT Environmental Development stock? Use our calculator to estimate your expected dividend yield:
EIT Environmental Development Financial Ratios
P/E ratio10.96
PEG ratio0.25
P/B ratio1.52
ROE14.57%
Payout ratio55.86%
Current ratio1.79
Quick ratio1.78
Cash Ratio0.29
EIT Environmental Development Dividend FAQ
How much is the next EIT Environmental Development dividend?
EIT Environmental Development's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next EIT Environmental Development dividend. The next EIT Environmental Development dividend will be released in June.
When is EIT Environmental Development dividend paid?
EIT Environmental Development 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 EIT Environmental Development pay?
The specific amount of EIT Environmental Development 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 EIT Environmental Development's dividend history.
Does EIT Environmental Development stock pay dividends?
Yes, EIT Environmental Development 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 EIT Environmental Development's dividend history.
How much dividend does EIT Environmental Development pay?
EIT Environmental Development paid ¥0.2 in 2024, ¥0.684 in 2023, ¥0.307 in 2022, ¥1.12 in 2021, and ¥0.227 in 2020.
How often does EIT Environmental Development pay dividends?
EIT Environmental Development 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 EIT Environmental Development's dividend yield?
The current dividend yield for EIT Environmental Development is 1.3%. 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 EIT Environmental Development's exact dividend yield.
When does EIT Environmental Development go ex dividend?
EIT Environmental Development's ex-dividend date for the latest dividend was on 2024-06-12. EIT Environmental Development 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 EIT Environmental Development dividend paid?
EIT Environmental Development pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will EIT Environmental Development 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 EIT Environmental Development 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 EIT Environmental Development dividend per share?
EIT Environmental Development paid ¥0.2 per share in 2024 and ¥0.684 per share in 2023. The amount of dividend per share that EIT Environmental Development 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 EIT Environmental Development 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 EIT Environmental Development 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 EIT Environmental Development a dividend stock?
Yes, EIT Environmental Development is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is EIT Environmental Development a good dividend stock?
Whether EIT Environmental Development is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. EIT Environmental Development has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating EIT Environmental Development 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 EIT Environmental Development pay dividends monthly?
EIT Environmental Development typically pays dividends on a annually basis.
Does EIT Environmental Development pay dividends quarterly?
EIT Environmental Development currently pays dividends on a annually basis.
Has EIT Environmental Development ever paid a dividend?
Yes, EIT Environmental Development has a history of paying dividends to its shareholders. EIT Environmental Development is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy EIT Environmental Development dividend stocks?
To buy EIT Environmental Development 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 EIT Environmental Development 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 EIT Environmental Development pay dividends 2024?
EIT Environmental Development pays dividends on a annually basis. 2024 dividend payments are in 2024-06-12. 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 EIT Environmental Development increase its dividend in 2024?
Decisions regarding EIT Environmental Development 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 EIT Environmental Development dividend overview you can look into the above table of dividend history.
How EIT Environmental Development dividend works?
The EIT Environmental Development 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 EIT Environmental Development's dividend process works:
1. Determination of Dividend: EIT Environmental Development'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, EIT Environmental Development 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, EIT Environmental Development 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 EIT Environmental Development 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 EIT Environmental Development dividends paid?
EIT Environmental Development dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: EIT Environmental Development 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, EIT Environmental Development distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: EIT Environmental Development 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 EIT Environmental Development pay dividends?
EIT Environmental Development 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 EIT Environmental Development pay dividends?
The general pattern is that EIT Environmental Development 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 EIT Environmental Development dividend safe?
The safety of EIT Environmental Development'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 EIT Environmental Development'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 EIT Environmental Development'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.