Guangzhou Development Group Incorporated engages in the integrated energy business in China. The company generates and sells thermal electricity with an installed capacity of 4,045,800 kilowatts; distributes natural gas through pipeline network; supplies coal; and constructs oil depots. It also generates electricity using wind, waste, biomass, and solar resources, as well as engages in other renewable energy business. Guangzhou Development Group Incorporated was founded in 1997 and is based in Guangzhou, China. Guangzhou Development Group Incorporated operates as a subsidiary of GF Securities Co., Ltd.
Guangzhou Development Dividend Announcement
• Guangzhou Development announced a annually dividend of ¥0.25 per ordinary share which will be made payable on 2024-06-27. Ex dividend date: 2024-06-27
• Guangzhou Development annual dividend for 2024 was ¥0.25
• Guangzhou Development annual dividend for 2023 was ¥0.20
• Guangzhou Development 's trailing twelve-month (TTM) dividend yield is 3.92%
• Guangzhou Development 's payout ratio for the trailing twelve months (TTM) is 154.30%
• Guangzhou Development 's dividend growth over the last five years (2018-2023) was 14.87% year
• Guangzhou Development 's dividend growth over the last ten years (2013-2023) was 2.26% year
Guangzhou Development Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-27 | ¥0.25 | annually | 2024-06-27 |
2023-06-28 | ¥0.20 | annually | 2023-06-28 |
2022-06-29 | ¥0.10 | annually | 2022-06-29 |
2021-07-30 | ¥0.17 | annually | 2021-07-30 |
2020-07-07 | ¥0.05 | annually | 2020-07-07 |
2019-06-27 | ¥0.10 | annually | 2019-06-27 |
2018-07-04 | ¥0.10 | annually | 2018-07-04 |
2017-06-28 | ¥0.10 | annually | 2017-06-28 |
2016-06-20 | ¥0.19 | annually | |
2015-07-08 | ¥0.18 | annually | |
2014-06-27 | ¥0.15 | annually | |
2013-06-07 | ¥0.16 | annually |
Guangzhou Development Dividend per year
Guangzhou Development Dividend growth
Guangzhou Development Dividend Yield
Guangzhou Development current trailing twelve-month (TTM) dividend yield is 3.92%. Interested in purchasing Guangzhou Development stock? Use our calculator to estimate your expected dividend yield:
Guangzhou Development Financial Ratios
Guangzhou Development Dividend FAQ
Other factors to consider when evaluating Guangzhou 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: Guangzhou 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, Guangzhou 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, Guangzhou 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 Guangzhou 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: Guangzhou 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, Guangzhou 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: Guangzhou 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 Guangzhou 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 Guangzhou 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.