GEPIC Energy Development Co., Ltd. invests in and develops new energy and hydroelectric renewable energy projects in China. The company also engages in the provision of production and operation related information consulting services. It operates 21 hydropower plants with a total installed capacity of 1,698,900 kilowatts; 4 wind power plants with a total installed capacity of 818,100 kilowatts; and 3 photovoltaic plants with a total installed capacity of 136 million kilowatts. The company was formerly known as Northwest Yongxin Chemical Industry Co., Ltd. and changed its name to GEPIC Energy Development Co., Ltd. in December 2012. GEPIC Energy Development Co., Ltd. was founded in 1997 and is based in Lanzhou, China. GEPIC Energy Development Co., Ltd. is a subsidiary of Gansu Province Electric Power Investment Group Co., Ltd.
GEPIC Energy Development Dividend Announcement
• GEPIC Energy Development announced a annually dividend of ¥0.11 per ordinary share which will be made payable on 2024-05-16. Ex dividend date: 2024-05-16
• GEPIC Energy Development annual dividend for 2024 was ¥0.11
• GEPIC Energy Development annual dividend for 2023 was ¥0.06
• GEPIC Energy Development's trailing twelve-month (TTM) dividend yield is 1.67%
• GEPIC Energy Development's payout ratio for the trailing twelve months (TTM) is 87.31%
• GEPIC Energy Development's dividend growth over the last five years (2018-2023) was -4.87% year
• GEPIC Energy Development's dividend growth over the last ten years (2013-2023) was -4.08% year
GEPIC Energy Development Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-16 | ¥0.11 | annually | 2024-05-16 |
2023-06-01 | ¥0.06 | annually | 2023-06-01 |
2022-05-19 | ¥0.04 | annually | 2022-05-19 |
2021-04-27 | ¥0.13 | annually | 2021-04-27 |
2020-05-22 | ¥0.10 | annually | 2020-05-22 |
2019-04-24 | ¥0.15 | annually | 2019-04-24 |
2018-06-01 | ¥0.08 | annually | 2018-06-01 |
2017-06-14 | ¥0.02 | annually | 2017-06-14 |
2016-06-17 | ¥0.02 | annually | |
2015-06-29 | ¥0.06 | annually | |
2014-06-12 | ¥0.09 | annually | |
2013-05-30 | ¥0.09 | annually |
GEPIC Energy Development Dividend per year
GEPIC Energy Development Dividend growth
GEPIC Energy Development Dividend Yield
GEPIC Energy Development current trailing twelve-month (TTM) dividend yield is 1.67%. Interested in purchasing GEPIC Energy Development stock? Use our calculator to estimate your expected dividend yield:
GEPIC Energy Development Financial Ratios
GEPIC Energy Development Dividend FAQ
Other factors to consider when evaluating GEPIC Energy 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.
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1. Determination of Dividend: GEPIC Energy 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, GEPIC Energy 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, GEPIC Energy 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 GEPIC Energy 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.
1. Record Date: GEPIC Energy 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, GEPIC Energy 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: GEPIC Energy 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.
To assess the safety of GEPIC Energy 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 GEPIC Energy 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.