Huaneng Power International, Inc., together with its subsidiaries, engages in the generation and sale of electric power to the regional or provincial grid companies in the People's Republic of China and internationally. It is involved in the development, construction, operation, and management of power plants and related projects. The company also generates power from gas turbine, hydro, wind, photovoltaic, coal-fired, and biomass resources. In addition, it is involved in the sale of coal ash and lime; cargo loading and storage; port, warehousing, and conveying activities; photovoltaic power generation projects development and construction; and provision of thermal energy and cold energy services, as well as thermal heating services. Further, the company engages in the repair and maintenance of power equipment; supply of steam and hot water; plumbing pipe installation and repair; and energy engineering construction activities. Additionally, it is involved in the provision of transportation services; construction and operation of electricity distribution networks and heating pipe networks; energy supply, energy transmission, and substation project contracting activities; cargo handling and transportation; and port management, investment, and development activities. The company engages in the management of industrial water and waste, as well as provides environment engineering, and information technology and management consulting services. It also sells raw and processed coal; and offers central heat and desalinated water services. As of December 31, 2021, the company had a controlled generating capacity of 118,695 megawatts and an equity-based installed capacity of 103,875 megawatts. Huaneng Power International, Inc. was incorporated in 1994 and is based in Beijing, the People's Republic of China.
Huaneng Power International Dividend Announcement
• Huaneng Power International announced a semi annually dividend of $0.03 per ordinary share which will be made payable on 2024-08-30. Ex dividend date: 2024-07-09
• Huaneng Power International annual dividend for 2024 was $0.03
• Huaneng Power International's trailing twelve-month (TTM) dividend yield is 5.84%
• Huaneng Power International's payout ratio for the trailing twelve months (TTM) is 408.99%
Huaneng Power International Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-09 | $0.03 | semi annually | 2024-08-30 |
2021-07-06 | $0.03 | semi annually | |
2021-07-02 | $0.03 | semi annually | 2021-08-31 |
2020-07-02 | $0.02 | semi annually | 2020-08-31 |
2019-06-19 | $0.02 | semi annually | 2019-08-28 |
2018-05-09 | $0.02 | semi annually | 2018-07-17 |
2017-06-22 | $0.04 | semi annually | 2017-08-29 |
2016-06-29 | $0.07 | semi annually | |
2015-07-02 | $0.08 | semi annually | |
2014-07-10 | $0.06 | semi annually |
Huaneng Power International Dividend per year
Huaneng Power International Dividend growth
Huaneng Power International Dividend Yield
Huaneng Power International current trailing twelve-month (TTM) dividend yield is 5.84%. Interested in purchasing Huaneng Power International stock? Use our calculator to estimate your expected dividend yield:
Huaneng Power International Financial Ratios
Huaneng Power International Dividend FAQ
Other factors to consider when evaluating Huaneng Power International 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: Huaneng Power International'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, Huaneng Power International 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, Huaneng Power International 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 Huaneng Power International 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: Huaneng Power International 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, Huaneng Power International distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Huaneng Power International 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 Huaneng Power International'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 Huaneng Power International'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.