Inner Mongolia Dian Tou Energy Corporation Limited, together with its subsidiaries, engages in the production and sale of coal products in China. The company also engages in the production and sale of aluminum products, including molten aluminum, aluminum ingots, liquid aluminum, and other types of aluminum; and thermal power generation business. It offers coal products to coal-burning enterprises and coal chemical industry, and for thermal power generation and local heating. The company was formerly known as Huolinhe Opencut Coal Industry Corporation Limited of Inner Mongolia. The company is based in Holingol, China. Inner Mongolia Dian Tou Energy Corporation Limited is a subsidiary of CPI Mengdong Energy Group Co., Ltd.
Inner Mongolia Dian Tou Energy Dividend Announcement
• Inner Mongolia Dian Tou Energy announced a semi annually dividend of ¥0.05 per ordinary share which will be made payable on 2024-10-23. Ex dividend date: 2024-10-23
• Inner Mongolia Dian Tou Energy annual dividend for 2024 was ¥0.73
• Inner Mongolia Dian Tou Energy annual dividend for 2023 was ¥0.50
• Inner Mongolia Dian Tou Energy's trailing twelve-month (TTM) dividend yield is 3.4%
• Inner Mongolia Dian Tou Energy's payout ratio for the trailing twelve months (TTM) is 52.24%
• Inner Mongolia Dian Tou Energy's dividend growth over the last five years (2018-2023) was 10.76% year
• Inner Mongolia Dian Tou Energy's dividend growth over the last ten years (2013-2023) was 9.60% year
Inner Mongolia Dian Tou Energy Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-23 | ¥0.05 | semi annually | 2024-10-23 |
2024-05-29 | ¥0.68 | semi annually | 2024-05-29 |
2023-05-31 | ¥0.50 | semi annually | 2023-05-31 |
2022-06-23 | ¥0.50 | semi annually | 2022-06-23 |
2021-07-13 | ¥0.40 | semi annually | 2021-07-13 |
2020-06-24 | ¥0.40 | semi annually | 2020-06-24 |
2019-10-25 | ¥0.40 | semi annually | 2019-10-25 |
2018-06-15 | ¥0.30 | semi annually | 2018-06-15 |
2017-06-15 | ¥0.30 | semi annually | 2017-06-15 |
2016-06-17 | ¥0.10 | semi annually | |
2015-06-12 | ¥0.10 | semi annually | |
2014-05-20 | ¥0.10 | semi annually | |
2013-05-30 | ¥0.20 | semi annually |
Inner Mongolia Dian Tou Energy Dividend per year
Inner Mongolia Dian Tou Energy Dividend growth
Inner Mongolia Dian Tou Energy Dividend Yield
Inner Mongolia Dian Tou Energy current trailing twelve-month (TTM) dividend yield is 3.4%. Interested in purchasing Inner Mongolia Dian Tou Energy stock? Use our calculator to estimate your expected dividend yield:
Inner Mongolia Dian Tou Energy Financial Ratios
Inner Mongolia Dian Tou Energy Dividend FAQ
Other factors to consider when evaluating Inner Mongolia Dian Tou 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: Inner Mongolia Dian Tou 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, Inner Mongolia Dian Tou 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, Inner Mongolia Dian Tou 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 Inner Mongolia Dian Tou 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: Inner Mongolia Dian Tou 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, Inner Mongolia Dian Tou 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: Inner Mongolia Dian Tou 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 Inner Mongolia Dian Tou 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 Inner Mongolia Dian Tou 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.