HY Energy Group Co.,Ltd, together with its subsidiaries, engages in the storage, wholesale and retail of gasoline, diesel, and liquefied gas in China. The company offers propylene, isooctane, and methyl ethyl products, as well as trades in crude oil, fuel oil, and refined oil. In addition, the company is involved in the equity investment; property leasing, dock loading and unloading; and warehousing and trading of various oil products and liquid chemicals activities. Further, it operates 11 gas stations. The company was formerly known as Zhejiang Haiyue Co., Ltd. and changed its name to HY Energy Group Co.,Ltd in May 2018. HY Energy Group Co.,Ltd was founded in 1993 and is headquartered in Zhuji, China.
HY Energy Dividend Announcement
• HY Energy announced a annually dividend of ¥0.05 per ordinary share which will be made payable on 2022-06-24. Ex dividend date: 2022-06-24
• HY Energy's trailing twelve-month (TTM) dividend yield is -%
• HY Energy's payout ratio for the trailing twelve months (TTM) is -7.52%
HY Energy Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2022-06-24 | ¥0.05 | annually | 2022-06-24 |
2021-07-01 | ¥0.05 | annually | 2021-07-01 |
2019-07-02 | ¥0.06 | annually | 2019-07-02 |
2017-07-12 | ¥0.06 | annually | 2017-07-12 |
2016-08-24 | ¥0.05 | annually | |
2015-07-14 | ¥0.10 | annually | |
2014-07-11 | ¥0.06 | annually | |
2013-07-11 | ¥0.05 | annually | |
2010-06-09 | ¥0.15 | annually | |
2009-07-16 | ¥0.08 | annually | |
2008-07-02 | ¥0.08 | annually | |
2007-06-11 | ¥0.10 | annually |
HY Energy Dividend per year
HY Energy Dividend growth
HY Energy Dividend Yield
HY Energy current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing HY Energy stock? Use our calculator to estimate your expected dividend yield:
HY Energy Financial Ratios
HY Energy Dividend FAQ
Other factors to consider when evaluating HY 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: HY 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, HY 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, HY 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 HY 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: HY 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, HY 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: HY 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 HY 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 HY 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.