Hubei Energy Group Co., Ltd., together with its subsidiaries, engages in the power generation business in China. The company generates electric energy using hydro, thermal, nuclear, wind, and photovoltaic resources; and operates coal-fired and gas turbine cogeneration plants. It also engages in the transmission and distribution of natural gas; and storage and distribution of coal. Hubei Energy Group Co., Ltd. was founded in 1998 and is based in Wuhan, the People's Republic of China.
Hubei Energy Dividend Announcement
• Hubei Energy announced a annually dividend of ¥0.09 per ordinary share which will be made payable on 2024-08-08. Ex dividend date: 2024-08-08
• Hubei Energy annual dividend for 2024 was ¥0.09
• Hubei Energy annual dividend for 2023 was ¥0.06
• Hubei Energy's trailing twelve-month (TTM) dividend yield is 1.79%
• Hubei Energy's payout ratio for the trailing twelve months (TTM) is 70.75%
• Hubei Energy's dividend growth over the last five years (2018-2023) was -9.71% year
• Hubei Energy's dividend growth over the last ten years (2013-2023) was -6.70% year
Hubei Energy Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-08 | ¥0.09 | annually | 2024-08-08 |
2023-08-16 | ¥0.06 | annually | 2023-08-16 |
2022-07-15 | ¥0.15 | annually | 2022-07-15 |
2021-07-16 | ¥0.12 | annually | 2021-07-16 |
2020-07-23 | ¥0.10 | annually | 2020-07-23 |
2019-07-01 | ¥0.11 | annually | 2019-07-01 |
2018-07-27 | ¥0.10 | annually | 2018-07-27 |
2017-07-18 | ¥0.09 | annually | 2017-07-18 |
2016-08-19 | ¥0.09 | annually | |
2015-11-18 | ¥0.03 | annually | |
2015-06-17 | ¥0.05 | annually | |
2014-08-08 | ¥0.11 | annually | |
2013-11-29 | ¥0.08 | annually | |
2013-07-25 | ¥0.04 | annually |
Hubei Energy Dividend per year
Hubei Energy Dividend growth
Hubei Energy Dividend Yield
Hubei Energy current trailing twelve-month (TTM) dividend yield is 1.79%. Interested in purchasing Hubei Energy stock? Use our calculator to estimate your expected dividend yield:
Hubei Energy Financial Ratios
Hubei Energy Dividend FAQ
Other factors to consider when evaluating Hubei Energy 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: Hubei Energy'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, Hubei Energy 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, Hubei Energy 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 Hubei Energy 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: Hubei Energy 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, Hubei Energy distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hubei Energy 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 Hubei Energy'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 Hubei Energy'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.