Fujian Mindong Electric Power Limited Company generates hydroelectric and wind power in China. It is also involved in the real estate development, hotel operation, finance, shipping, mining, tourism, trade, distribution, power maintenance, and lithium battery businesses. The company was founded in 1998 and is based in Ningde, China.
Fujian Mindong Electric Power Dividend Announcement
• Fujian Mindong Electric Power announced a annually dividend of ¥0.20 per ordinary share which will be made payable on 2024-05-16. Ex dividend date: 2024-05-16 • Fujian Mindong Electric Power annual dividend for 2024 was ¥0.20 • Fujian Mindong Electric Power's trailing twelve-month (TTM) dividend yield is 2.16% • Fujian Mindong Electric Power's payout ratio for the trailing twelve months (TTM) is 383.31%
Fujian Mindong Electric Power current trailing twelve-month (TTM) dividend yield is 2.16%. Interested in purchasing Fujian Mindong Electric Power stock? Use our calculator to estimate your expected dividend yield:
Fujian Mindong Electric Power Financial Ratios
P/E ratio152.90
PEG ratio-4.27
P/B ratio1.70
ROE1.13%
Payout ratio383.31%
Current ratio2.79
Quick ratio2.02
Cash Ratio1.00
Fujian Mindong Electric Power Dividend FAQ
How much is the next Fujian Mindong Electric Power dividend?
Fujian Mindong 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 Fujian Mindong Electric Power dividend. The next Fujian Mindong Electric Power dividend will be released in .
When is Fujian Mindong Electric Power dividend paid?
Fujian Mindong Electric Power pays dividends on a annually basis. The specific dates may vary each year but are generally around . 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 Fujian Mindong Electric Power pay?
The specific amount of Fujian Mindong 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 Fujian Mindong Electric Power's dividend history.
Does Fujian Mindong Electric Power stock pay dividends?
Yes, Fujian Mindong 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 Fujian Mindong Electric Power's dividend history.
How much dividend does Fujian Mindong Electric Power pay?
Fujian Mindong Electric Power paid ¥0.2 in 2024, ¥0.0 in 2023, ¥0.0 in 2022, ¥0.0 in 2021, and ¥0.0 in 2020.
How often does Fujian Mindong Electric Power pay dividends?
Fujian Mindong 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 .
What is Fujian Mindong Electric Power's dividend yield?
The current dividend yield for Fujian Mindong Electric Power is 2.16%. 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 Fujian Mindong Electric Power's exact dividend yield.
When does Fujian Mindong Electric Power go ex dividend?
Fujian Mindong Electric Power's ex-dividend date for the latest dividend was on 2024-05-16. Fujian Mindong 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 Fujian Mindong Electric Power dividend paid?
Fujian Mindong Electric Power pays dividends on a annually basis, typically around , but the exact dates can vary each year.
Will Fujian Mindong 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 Fujian Mindong 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 Fujian Mindong Electric Power dividend per share?
Fujian Mindong Electric Power paid ¥0.2 per share in 2024 and ¥0.0 per share in 2023. The amount of dividend per share that Fujian Mindong 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 Fujian Mindong 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 Fujian Mindong 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 Fujian Mindong Electric Power a dividend stock?
Yes, Fujian Mindong 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 Fujian Mindong Electric Power a good dividend stock?
Whether Fujian Mindong 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. Fujian Mindong Electric Power has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Fujian Mindong 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 Fujian Mindong Electric Power pay dividends monthly?
Fujian Mindong Electric Power typically pays dividends on a annually basis.
Does Fujian Mindong Electric Power pay dividends quarterly?
Fujian Mindong Electric Power currently pays dividends on a annually basis.
Has Fujian Mindong Electric Power ever paid a dividend?
Yes, Fujian Mindong Electric Power has a history of paying dividends to its shareholders. Fujian Mindong Electric Power is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Fujian Mindong Electric Power dividend stocks?
To buy Fujian Mindong 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 Fujian Mindong 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 Fujian Mindong Electric Power pay dividends 2024?
Fujian Mindong Electric Power pays dividends on a annually basis. 2024 dividend payments are in 2024-05-16. 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 Fujian Mindong Electric Power increase its dividend in 2024?
Decisions regarding Fujian Mindong 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 Fujian Mindong Electric Power dividend overview you can look into the above table of dividend history.
How Fujian Mindong Electric Power dividend works?
The Fujian Mindong 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 Fujian Mindong Electric Power's dividend process works:
1. Determination of Dividend: Fujian Mindong 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, Fujian Mindong 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, Fujian Mindong 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 Fujian Mindong 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 Fujian Mindong Electric Power dividends paid?
Fujian Mindong Electric Power dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Fujian Mindong 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, Fujian Mindong 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: Fujian Mindong 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 Fujian Mindong Electric Power pay dividends?
Fujian Mindong 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 Fujian Mindong Electric Power pay dividends?
The general pattern is that Fujian Mindong Electric Power pays dividends around . However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Fujian Mindong Electric Power dividend safe?
The safety of Fujian Mindong 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 Fujian Mindong 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 Fujian Mindong 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.