Henan Shenhuo Coal & Power Co.,Ltd produces, processes, washes, and sells aluminum and coal products in China. It offers electrolytic aluminum, aluminum alloy, aluminum profile, and extended products; processes waste aluminum and carbon products; and sells mining equipment and mineral products. The company also engages in the trading, energy development, transport, investment and asset management, power generation and supply, import and export, management, equity investment, and sales consulting businesses. In addition, it operates department stores. The company was founded in 1998 is based in Yongcheng, China.
Henan Shenhuo Coal & Power Dividend Announcement
• Henan Shenhuo Coal & Power announced a semi annually dividend of ¥0.30 per ordinary share which will be made payable on 2024-12-10. Ex dividend date: 2024-12-10
• Henan Shenhuo Coal & Power annual dividend for 2024 was ¥1.10
• Henan Shenhuo Coal & Power annual dividend for 2023 was ¥1.00
• Henan Shenhuo Coal & Power's trailing twelve-month (TTM) dividend yield is 4.65%
• Henan Shenhuo Coal & Power's payout ratio for the trailing twelve months (TTM) is 80.44%
• Henan Shenhuo Coal & Power's dividend growth over the last five years (2018-2023) was 109.13% year
Henan Shenhuo Coal & Power Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-10 | ¥0.30 | semi annually | 2024-12-10 |
2024-05-16 | ¥0.80 | semi annually | 2024-05-16 |
2023-05-18 | ¥1.00 | semi annually | 2023-05-18 |
2022-05-19 | ¥0.45 | semi annually | 2022-05-19 |
2021-06-21 | ¥0.10 | semi annually | 2021-06-21 |
2020-07-01 | ¥0.10 | semi annually | 2020-07-01 |
2019-07-09 | ¥0.01 | semi annually | 2019-07-09 |
2018-07-12 | ¥0.03 | semi annually | 2018-07-12 |
2017-06-28 | ¥0.03 | semi annually | 2017-06-28 |
2014-06-16 | ¥0.01 | semi annually | |
2013-06-06 | ¥0.03 | semi annually | |
2012-05-16 | ¥0.08 | semi annually | |
2011-05-27 | ¥0.32 | semi annually |
Henan Shenhuo Coal & Power Dividend per year
Henan Shenhuo Coal & Power Dividend growth
Henan Shenhuo Coal & Power Dividend Yield
Henan Shenhuo Coal & Power current trailing twelve-month (TTM) dividend yield is 4.65%. Interested in purchasing Henan Shenhuo Coal & Power stock? Use our calculator to estimate your expected dividend yield:
Henan Shenhuo Coal & Power Financial Ratios
Henan Shenhuo Coal & Power Dividend FAQ
Other factors to consider when evaluating Henan Shenhuo Coal & Power 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 Shenhuo Coal & Power'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 Shenhuo Coal & Power 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 Shenhuo Coal & Power 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 Shenhuo Coal & Power 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 Shenhuo Coal & Power 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 Shenhuo Coal & Power 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 Shenhuo Coal & Power 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 Shenhuo Coal & Power'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 Shenhuo Coal & Power'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.