Grandblue Environment Co., Ltd. engages in water supply, sewage treatment, solid waste treatment, and gas supply businesses in China. The company provides water supply services, including water intake, production, and delivery to end-customers; sewage treatment services, such as sewage treatment pipe network maintenance, pumping station management, and sewage treatment plant operation and management; and gas supply services. It also offers solid waste treatment services comprising garbage sorting, sanitation cleaning, incineration power generation, sludge treatment, kitchen waste treatment, leachate treatment, fly ash treatment, garbage treatment, sludge treatment, and hazardous waste treatment. The company was formerly known as Nanhai Development Co. Ltd. and changed its name to Grandblue Environment Co., Ltd. in December 2013. Grandblue Environment Co., Ltd. was founded in 1992 and is based in Foshan, China.
Grandblue Environment Dividend Announcement
• Grandblue Environment announced a annually dividend of ¥0.48 per ordinary share which will be made payable on 2024-07-24. Ex dividend date: 2024-07-24
• Grandblue Environment annual dividend for 2024 was ¥0.48
• Grandblue Environment annual dividend for 2023 was ¥0.22
• Grandblue Environment's trailing twelve-month (TTM) dividend yield is 2.14%
• Grandblue Environment's payout ratio for the trailing twelve months (TTM) is 57.24%
• Grandblue Environment's dividend growth over the last five years (2018-2023) was 1.92% year
• Grandblue Environment's dividend growth over the last ten years (2013-2023) was 8.20% year
Grandblue Environment Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-24 | ¥0.48 | annually | 2024-07-24 |
2023-07-12 | ¥0.22 | annually | 2023-07-12 |
2022-07-14 | ¥0.22 | annually | 2022-07-14 |
2021-07-08 | ¥0.22 | annually | 2021-07-08 |
2020-07-03 | ¥0.22 | annually | 2020-07-03 |
2019-07-17 | ¥0.20 | annually | 2019-07-17 |
2018-07-12 | ¥0.20 | annually | 2018-07-12 |
2017-07-13 | ¥0.20 | annually | 2017-07-13 |
2016-07-27 | ¥0.10 | annually | |
2015-08-19 | ¥0.10 | annually | |
2014-05-26 | ¥0.10 | annually | |
2013-08-09 | ¥0.10 | annually |
Grandblue Environment Dividend per year
Grandblue Environment Dividend growth
Grandblue Environment Dividend Yield
Grandblue Environment current trailing twelve-month (TTM) dividend yield is 2.14%. Interested in purchasing Grandblue Environment stock? Use our calculator to estimate your expected dividend yield:
Grandblue Environment Financial Ratios
Grandblue Environment Dividend FAQ
Other factors to consider when evaluating Grandblue Environment 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: Grandblue Environment'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, Grandblue Environment 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, Grandblue Environment 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 Grandblue Environment 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: Grandblue Environment 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, Grandblue Environment distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Grandblue Environment 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 Grandblue Environment'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 Grandblue Environment'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.