Guangdong Meiyan Jixiang Hydropower (600868.SS) Dividend: History, Dates & Yield - 2025
Dividend History
Guangdong Meiyan Jixiang Hydropower announced a annually dividend of ¥0.01 per ordinary share, payable on 2023-07-06, with an ex-dividend date of 2023-07-06. Guangdong Meiyan Jixiang Hydropower typically pays dividends one times a year.
Find details on Guangdong Meiyan Jixiang Hydropower's dividend performance with a comprehensive history of past and upcoming payments.
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-07-06 | ¥0.01 | annually | 2023-07-06 |
2022-06-24 | ¥0.00 | annually | 2022-06-24 |
2021-07-06 | ¥0.01 | annually | 2021-07-06 |
2020-05-06 | ¥0.01 | annually | 2020-05-06 |
2019-06-28 | ¥0.00 | annually | 2019-06-28 |
2018-05-25 | ¥0.02 | annually | 2018-05-25 |
2017-04-20 | ¥0.01 | annually | 2017-04-20 |
2014-04-22 | ¥0.01 | annually | |
2004-05-20 | ¥0.02 | annually | |
2003-04-21 | ¥0.06 | annually |
Dividend Increase
Guangdong Meiyan Jixiang Hydropower's dividend growth over the last five years (2019-2023) was 72.67% per year, while over the last ten years (2014-2023), it was 44.29% per year. In comparison, Sichuan Changhong Electric has seen an average growth rate of 34.09% over the past five years and 600808.SS's growth rate was 21.49%.
By comparing Guangdong Meiyan Jixiang Hydropower's dividend growth to other companies, investors can gain insight into how consistent its dividend strategy is and what that means for future payouts. However, dividend growth is just one factor to consider. Investors should also evaluate other metrics, such as earnings growth, payout ratio, and overall financial health, to get a full picture of Walmart's dividend sustainability and potential.
Dividend Yield
Guangdong Meiyan Jixiang Hydropower's current trailing twelve-month (TTM) dividend yield is nan%. Over the last 12 months, Guangdong Meiyan Jixiang Hydropower has maintained this yield, but how does it compare to similar stocks? For example, Sichuan Changhong Electric offers a yield of 0.43%, while 600808.SS provides a yield of nan%. Comparing similar stocks can help investors assess Guangdong Meiyan Jixiang Hydropower's yield and make more informed decisions.
Company | Dividend Yield | Annual Dividend | Stock Price |
---|---|---|---|
Guangdong Meiyan Jixiang Hydropower (600868.SS) | NaN% | ¥0.01 | ¥3.06 |
Sichuan Changhong Electric (600839.SS) | 0.43% | ¥0.05 | ¥12.18 |
600808.SS (600808.SS) | NaN% | $0.02 | $3.17 |
Dividend Yield Calculator
Interested in purchasing Guangdong Meiyan Jixiang Hydropower stock? Use our calculator to estimate your expected dividend yield and see how Walmart's consistent payouts could contribute to your long-term investment goals. Understanding your potential returns can help you make an informed decision.
Payout Ratio
Guangdong Meiyan Jixiang Hydropower has a payout ratio of -0.06%. In comparison, Sichuan Changhong Electric has a payout ratio of 1.95%, while 600808.SS's payout ratio is -0.27%.
It's important to note that the payout ratio is just one of many metrics investors use to assess a company's dividend sustainability and growth potential. It should be considered alongside other financial indicators such as earnings, cash flow, and debt levels to gain a complete picture of the company's financial health.
About Guangdong Meiyan Jixiang Hydropower
Frequently Asked Question
Other factors to consider when evaluating Guangdong Meiyan Jixiang Hydropower 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.
Place an order: Use the brokerage's trading platform to place an order to buy Guangdong Meiyan Jixiang Hydropower 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.
1. Determination of Dividend: Guangdong Meiyan Jixiang Hydropower'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, Guangdong Meiyan Jixiang Hydropower 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, Guangdong Meiyan Jixiang Hydropower 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 Guangdong Meiyan Jixiang Hydropower 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: Guangdong Meiyan Jixiang Hydropower 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, Guangdong Meiyan Jixiang Hydropower distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Guangdong Meiyan Jixiang Hydropower 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 Guangdong Meiyan Jixiang Hydropower'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 Guangdong Meiyan Jixiang Hydropower'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.