Jiangsu Jiangnan Water Co., Ltd. supplies water in China. It engages in the drainage and water treatment-related business; water supply engineering design and technical consulting; water quality testing; water meter measurement and testing; and public infrastructure investing business. The company owns 3 surface water plants with a daily water supply capacity of 1.1 million cubic meters. It also manages and constructs drainage pipe network and pumping stations; offers maintenance and dredging services; operates and manages sewage treatment related facilities; provides sewage treatment and industrial water purification services; designs and constructs water supply and drainage pipelines; installs water supply and drainage equipment; constructs urban road and public squares projects; sells pipeline spare parts; and offers pipeline repairs and other services. The company was founded in 1966 and is based in Jiangyin, China.
Jiangsu Jiangnan Water Dividend Announcement
• Jiangsu Jiangnan Water announced a semi annually dividend of ¥0.02 per ordinary share which will be made payable on 2024-10-21. Ex dividend date: 2024-10-21
• Jiangsu Jiangnan Water annual dividend for 2024 was ¥0.12
• Jiangsu Jiangnan Water annual dividend for 2023 was ¥0.09
• Jiangsu Jiangnan Water's trailing twelve-month (TTM) dividend yield is 2.58%
• Jiangsu Jiangnan Water's payout ratio for the trailing twelve months (TTM) is 82.38%
• Jiangsu Jiangnan Water's dividend growth over the last five years (2018-2023) was 2.38% year
• Jiangsu Jiangnan Water's dividend growth over the last ten years (2013-2023) was -9.71% year
Jiangsu Jiangnan Water Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-21 | ¥0.02 | semi annually | 2024-10-21 |
2024-06-28 | ¥0.10 | semi annually | 2024-06-28 |
2023-06-28 | ¥0.09 | semi annually | 2023-06-28 |
2022-06-22 | ¥0.09 | semi annually | 2022-06-22 |
2021-06-16 | ¥0.08 | semi annually | 2021-06-16 |
2020-06-19 | ¥0.08 | semi annually | 2020-06-19 |
2019-06-24 | ¥0.07 | semi annually | 2019-06-24 |
2018-06-28 | ¥0.08 | semi annually | 2018-06-28 |
2017-06-28 | ¥0.11 | semi annually | 2017-06-28 |
2016-06-15 | ¥0.18 | semi annually | |
2015-06-30 | ¥0.23 | semi annually | |
2014-06-17 | ¥0.19 | semi annually | |
2013-05-27 | ¥0.25 | semi annually |
Jiangsu Jiangnan Water Dividend per year
Jiangsu Jiangnan Water Dividend growth
Jiangsu Jiangnan Water Dividend Yield
Jiangsu Jiangnan Water current trailing twelve-month (TTM) dividend yield is 2.58%. Interested in purchasing Jiangsu Jiangnan Water stock? Use our calculator to estimate your expected dividend yield:
Jiangsu Jiangnan Water Financial Ratios
Jiangsu Jiangnan Water Dividend FAQ
Other factors to consider when evaluating Jiangsu Jiangnan Water 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: Jiangsu Jiangnan Water'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, Jiangsu Jiangnan Water 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, Jiangsu Jiangnan Water 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 Jiangsu Jiangnan Water 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: Jiangsu Jiangnan Water 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, Jiangsu Jiangnan Water distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Jiangsu Jiangnan Water 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 Jiangsu Jiangnan Water'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 Jiangsu Jiangnan Water'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.