Henan Pinggao Electric Co.,Ltd. researches and develops, manufactures, sells, and services high voltage, super-high voltage, and ultra-high voltage AC/DC switchgear in China. Its products include SF6 gas insulated enclosed combination electric appliances, sulfur hexafluoride tank circuit breaker switchgears, open wide type SF6 circuit breakers, disconnectors and earthing switches, hydraulic/spring mechanism, composite insulators, SF6 gas recycling devices, vacuum arcing chambers, and other spare parts of switchgear. The company is based in Pingdingshan, China.
Henan Pinggao Electric Dividend Announcement
• Henan Pinggao Electric announced a semi annually dividend of ¥0.14 per ordinary share which will be made payable on 2024-10-25. Ex dividend date: 2024-10-25
• Henan Pinggao Electric annual dividend for 2024 was ¥0.35
• Henan Pinggao Electric annual dividend for 2023 was ¥0.06
• Henan Pinggao Electric's trailing twelve-month (TTM) dividend yield is 2.61%
• Henan Pinggao Electric's payout ratio for the trailing twelve months (TTM) is 32.73%
• Henan Pinggao Electric's dividend growth over the last five years (2018-2023) was -17.04% year
• Henan Pinggao Electric's dividend growth over the last ten years (2013-2023) was 0.96% year
Henan Pinggao Electric Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-25 | ¥0.14 | semi annually | 2024-10-25 |
2024-07-19 | ¥0.21 | semi annually | 2024-07-19 |
2023-08-03 | ¥0.06 | semi annually | 2023-08-03 |
2022-06-29 | ¥0.02 | semi annually | 2022-06-29 |
2021-08-04 | ¥0.03 | semi annually | 2021-08-04 |
2020-07-17 | ¥0.05 | semi annually | 2020-07-17 |
2019-07-19 | ¥0.06 | semi annually | 2019-07-19 |
2018-07-03 | ¥0.14 | semi annually | 2018-07-03 |
2017-06-05 | ¥0.60 | semi annually | 2017-06-05 |
2016-04-25 | ¥0.50 | semi annually | |
2015-08-19 | ¥0.50 | semi annually | |
2014-07-16 | ¥0.05 | semi annually | |
2013-05-27 | ¥0.05 | semi annually |
Henan Pinggao Electric Dividend per year
Henan Pinggao Electric Dividend growth
Henan Pinggao Electric Dividend Yield
Henan Pinggao Electric current trailing twelve-month (TTM) dividend yield is 2.61%. Interested in purchasing Henan Pinggao Electric stock? Use our calculator to estimate your expected dividend yield:
Henan Pinggao Electric Financial Ratios
Henan Pinggao Electric Dividend FAQ
Other factors to consider when evaluating Henan Pinggao Electric 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: Henan Pinggao Electric'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, Henan Pinggao Electric 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, Henan Pinggao Electric 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 Henan Pinggao Electric 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: Henan Pinggao Electric 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, Henan Pinggao Electric distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Henan Pinggao Electric 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 Henan Pinggao Electric'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 Henan Pinggao Electric'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.