Jiangsu Linyang Energy Co., Ltd. manufactures and supplies electronic energy meters and electricity management information systems in China and internationally. The company offers electric energy meters, water meters, metering accessories, intelligent power consumption information management terminals, communication modules, energy storage converters, and integrated master stations. It also provides indoor and outdoor LED lighting products, and intelligent control systems; substation integrated automation systems; photovoltaic power generation and lithium-ion energy storage system solutions; and photovoltaic EPC and operation and maintenance services. In addition, the company engages in the investment, construction, and operation of photovoltaic power plants. The company was formerly known as Jiangsu Linyang Electronics Co., Ltd. and changed its name to Jiangsu Linyang Energy Co., Ltd. in December 2015. Jiangsu Linyang Energy Co., Ltd. was founded in 1995 and is based in Qidong, China.
Jiangsu Linyang Energy Dividend Announcement
• Jiangsu Linyang Energy announced a annually dividend of ¥0.30 per ordinary share which will be made payable on 2024-06-19. Ex dividend date: 2024-06-19
• Jiangsu Linyang Energy annual dividend for 2024 was ¥0.30
• Jiangsu Linyang Energy annual dividend for 2023 was ¥0.18
• Jiangsu Linyang Energy's trailing twelve-month (TTM) dividend yield is 4.16%
• Jiangsu Linyang Energy's payout ratio for the trailing twelve months (TTM) is 94.49%
• Jiangsu Linyang Energy's dividend growth over the last five years (2018-2023) was 34.79% year
• Jiangsu Linyang Energy's dividend growth over the last ten years (2013-2023) was -6.54% year
Jiangsu Linyang Energy Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-19 | ¥0.30 | annually | 2024-06-19 |
2023-06-13 | ¥0.18 | annually | 2023-06-13 |
2022-06-08 | ¥0.22 | annually | 2022-06-08 |
2021-07-09 | ¥0.11 | annually | 2021-07-09 |
2020-07-17 | ¥0.05 | annually | 2020-07-17 |
2019-07-19 | ¥0.17 | annually | 2019-07-19 |
2018-07-18 | ¥0.04 | annually | 2018-07-18 |
2017-06-07 | ¥0.08 | annually | 2017-06-07 |
2016-09-28 | ¥0.70 | annually | |
2015-09-21 | ¥0.50 | annually | |
2014-06-16 | ¥0.20 | annually | |
2013-05-16 | ¥0.35 | annually |
Jiangsu Linyang Energy Dividend per year
Jiangsu Linyang Energy Dividend growth
Jiangsu Linyang Energy Dividend Yield
Jiangsu Linyang Energy current trailing twelve-month (TTM) dividend yield is 4.16%. Interested in purchasing Jiangsu Linyang Energy stock? Use our calculator to estimate your expected dividend yield:
Jiangsu Linyang Energy Financial Ratios
Jiangsu Linyang Energy Dividend FAQ
Other factors to consider when evaluating Jiangsu Linyang 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: Jiangsu Linyang 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, Jiangsu Linyang 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, Jiangsu Linyang 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 Jiangsu Linyang 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: Jiangsu Linyang 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, Jiangsu Linyang 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: Jiangsu Linyang 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 Jiangsu Linyang 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 Jiangsu Linyang 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.