Jiangxi Hongcheng Environment Co., Ltd. engages in the production and supply of water in China. It is also involved in the operation of sewage treatment plants. The company was formerly known as Jiangxi Hongcheng Waterworks Co.,Ltd. and changed its name to Jiangxi Hongcheng Environment Co., Ltd. in February 2021. Jiangxi Hongcheng Environment Co., Ltd. is based in Nanchang, China.
• Jiangxi Hongcheng Environment announced a annually dividend of ¥0.44 per ordinary share which will be made payable on 2024-07-04. Ex dividend date: 2024-07-04 • Jiangxi Hongcheng Environment annual dividend for 2024 was ¥0.44 • Jiangxi Hongcheng Environment annual dividend for 2023 was ¥0.43 • Jiangxi Hongcheng Environment's trailing twelve-month (TTM) dividend yield is 4.57% • Jiangxi Hongcheng Environment's payout ratio for the trailing twelve months (TTM) is 91.22%
Jiangxi Hongcheng Environment current trailing twelve-month (TTM) dividend yield is 4.57%. Interested in purchasing Jiangxi Hongcheng Environment stock? Use our calculator to estimate your expected dividend yield:
Jiangxi Hongcheng Environment Financial Ratios
P/E ratio10.24
PEG ratio-7.80
P/B ratio1.26
ROE13.03%
Payout ratio91.22%
Current ratio0.79
Quick ratio0.73
Cash Ratio0.33
Jiangxi Hongcheng Environment Dividend FAQ
How much is the next Jiangxi Hongcheng Environment dividend?
Jiangxi Hongcheng Environment's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Jiangxi Hongcheng Environment dividend. The next Jiangxi Hongcheng Environment dividend will be released in July.
When is Jiangxi Hongcheng Environment dividend paid?
Jiangxi Hongcheng Environment pays dividends on a annually basis. The specific dates may vary each year but are generally around July. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Jiangxi Hongcheng Environment pay?
The specific amount of Jiangxi Hongcheng Environment dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Jiangxi Hongcheng Environment's dividend history.
Does Jiangxi Hongcheng Environment stock pay dividends?
Yes, Jiangxi Hongcheng Environment does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Jiangxi Hongcheng Environment's dividend history.
How much dividend does Jiangxi Hongcheng Environment pay?
Jiangxi Hongcheng Environment paid ¥0.441 in 2024, ¥0.434 in 2023, ¥0.5 in 2022, ¥0.421 in 2021, and ¥0.26 in 2020.
How often does Jiangxi Hongcheng Environment pay dividends?
Jiangxi Hongcheng Environment typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around July.
What is Jiangxi Hongcheng Environment's dividend yield?
The current dividend yield for Jiangxi Hongcheng Environment is 4.57%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Jiangxi Hongcheng Environment's exact dividend yield.
When does Jiangxi Hongcheng Environment go ex dividend?
Jiangxi Hongcheng Environment's ex-dividend date for the latest dividend was on 2024-07-04. Jiangxi Hongcheng Environment typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Jiangxi Hongcheng Environment dividend paid?
Jiangxi Hongcheng Environment pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Jiangxi Hongcheng Environment increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Jiangxi Hongcheng Environment will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Jiangxi Hongcheng Environment dividend per share?
Jiangxi Hongcheng Environment paid ¥0.441 per share in 2024 and ¥0.434 per share in 2023. The amount of dividend per share that Jiangxi Hongcheng Environment pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Jiangxi Hongcheng Environment a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Jiangxi Hongcheng Environment a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Jiangxi Hongcheng Environment a dividend stock?
Yes, Jiangxi Hongcheng Environment is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Jiangxi Hongcheng Environment a good dividend stock?
Whether Jiangxi Hongcheng Environment is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Jiangxi Hongcheng Environment has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Jiangxi Hongcheng Environment 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.
Does Jiangxi Hongcheng Environment pay dividends monthly?
Jiangxi Hongcheng Environment typically pays dividends on a annually basis.
Does Jiangxi Hongcheng Environment pay dividends quarterly?
Jiangxi Hongcheng Environment currently pays dividends on a annually basis.
Has Jiangxi Hongcheng Environment ever paid a dividend?
Yes, Jiangxi Hongcheng Environment has a history of paying dividends to its shareholders. Jiangxi Hongcheng Environment is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Jiangxi Hongcheng Environment dividend stocks?
To buy Jiangxi Hongcheng Environment you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Jiangxi Hongcheng Environment stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Jiangxi Hongcheng Environment pay dividends 2024?
Jiangxi Hongcheng Environment pays dividends on a annually basis. 2024 dividend payments are in 2024-07-04. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Jiangxi Hongcheng Environment increase its dividend in 2024?
Decisions regarding Jiangxi Hongcheng Environment dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Jiangxi Hongcheng Environment dividend overview you can look into the above table of dividend history.
How Jiangxi Hongcheng Environment dividend works?
The Jiangxi Hongcheng Environment dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Jiangxi Hongcheng Environment's dividend process works:
1. Determination of Dividend: Jiangxi Hongcheng Environment'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, Jiangxi Hongcheng Environment 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, Jiangxi Hongcheng Environment 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 Jiangxi Hongcheng Environment 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.
How are Jiangxi Hongcheng Environment dividends paid?
Jiangxi Hongcheng Environment dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Jiangxi Hongcheng Environment 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, Jiangxi Hongcheng Environment distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Jiangxi Hongcheng Environment 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.
How many times does Jiangxi Hongcheng Environment pay dividends?
Jiangxi Hongcheng Environment typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Jiangxi Hongcheng Environment pay dividends?
The general pattern is that Jiangxi Hongcheng Environment pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Jiangxi Hongcheng Environment dividend safe?
The safety of Jiangxi Hongcheng Environment's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Jiangxi Hongcheng Environment'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 Jiangxi Hongcheng Environment'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.