ENN Natural Gas Co., Ltd. engages in the wholesale and retail of natural gas, energy chemical, chemical trading, and coal mining and washing businesses in China. It is involved in the engineering design and equipment manufacturing related to natural gas, new chemical industry, energy conservation and environmental protection, etc.; technology research and development, consultation, design, equipment integration, and project management business; and manufacturing and integration, engineering construction and installation business. The company also produces and sells coal, methanol, dimethyl ether, and other products, as well as supplies bulk liquefied natural gas; and supplies various energy products comprising gas, electricity, cold energy, heat energy and steam, etc. In addition, it sells natural gas through pipelines to residential, commercial, and industrial customers; and gas appliances, such as stoves, water heaters, range hoods, and heating stoves to residential customers; and building materials and other energy products to industrial customers. The company was formerly known as ENN Ecological Holdings Co., Ltd. and changed its name to ENN Natural Gas Co., Ltd. in October 2020. ENN Natural Gas Co., Ltd. was founded in 1992 and is based in Langfang, China.
ENN Natural Gas Dividend Announcement
• ENN Natural Gas announced a annually dividend of ¥0.25 per ordinary share which will be made payable on 2024-08-01. Ex dividend date: 2024-08-01
• ENN Natural Gas annual dividend for 2024 was ¥0.25
• ENN Natural Gas annual dividend for 2023 was ¥0.51
• ENN Natural Gas's trailing twelve-month (TTM) dividend yield is 1.34%
• ENN Natural Gas's payout ratio for the trailing twelve months (TTM) is 30.35%
• ENN Natural Gas's dividend growth over the last five years (2018-2023) was 38.52% year
ENN Natural Gas Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-01 | ¥0.25 | annually | 2024-08-01 |
2023-07-11 | ¥0.51 | annually | 2023-07-11 |
2022-08-02 | ¥0.31 | annually | 2022-08-02 |
2021-08-23 | ¥0.19 | annually | 2021-08-23 |
2020-06-04 | ¥0.21 | annually | 2020-06-04 |
2019-08-06 | ¥0.21 | annually | 2019-08-06 |
2018-08-06 | ¥0.10 | annually | 2018-08-06 |
2017-08-11 | ¥0.09 | annually | 2017-08-11 |
2016-08-01 | ¥0.09 | annually | |
2015-08-06 | ¥0.15 | annually | |
2002-08-26 | ¥0.12 | annually | |
2001-06-29 | ¥0.10 | annually |
ENN Natural Gas Dividend per year
ENN Natural Gas Dividend growth
ENN Natural Gas Dividend Yield
ENN Natural Gas current trailing twelve-month (TTM) dividend yield is 1.34%. Interested in purchasing ENN Natural Gas stock? Use our calculator to estimate your expected dividend yield:
ENN Natural Gas Financial Ratios
ENN Natural Gas Dividend FAQ
Other factors to consider when evaluating ENN Natural Gas 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: ENN Natural Gas'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, ENN Natural Gas 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, ENN Natural Gas 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 ENN Natural Gas 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: ENN Natural Gas 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, ENN Natural Gas distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: ENN Natural Gas 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 ENN Natural Gas'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 ENN Natural Gas'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.