JiaXing Gas Group Co., Ltd. operates as a piped natural gas (PNG) operator in the People's Republic of China. The company sells PNG, liquefied natural gas (LNG), and liquefied petroleum gas (LPG) to residential and non-residential users; and provides construction and installation services for gas pipeline network and gas facilities. It also provides gas technology consulting services; constructs and operates new energy facilities, as well as LNG storage and transportation station; transports LNG and compressed natural gas; sells vapour and construction materials; and leases properties. The company serves customers in the Jiaxing port and urban areas. JiaXing Gas Group Co., Ltd. was formerly known as Jiaxing Coalgas Company Limited. The company was founded in 1985 and is headquartered in Jiaxing, the People's Republic of China.
JiaXing Gas Dividend Announcement
• JiaXing Gas announced a semi annually dividend of HK$0.22 per ordinary share which will be made payable on 2024-10-10. Ex dividend date: 2024-09-17
• JiaXing Gas annual dividend for 2024 was HK$0.66
• JiaXing Gas annual dividend for 2023 was HK$0.44
• JiaXing Gas's trailing twelve-month (TTM) dividend yield is 10.54%
• JiaXing Gas's payout ratio for the trailing twelve months (TTM) is 24.55%
JiaXing Gas Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-17 | HK$0.22 | semi annually | 2024-10-10 |
2024-06-12 | HK$0.44 | semi annually | 2024-07-05 |
2023-09-18 | HK$0.22 | semi annually | 2023-10-10 |
2023-06-13 | HK$0.22 | semi annually | 2023-07-05 |
2022-06-14 | HK$0.18 | semi annually | 2022-07-05 |
2021-10-18 | HK$0.14 | semi annually | 2021-11-05 |
2021-06-08 | HK$0.25 | semi annually | 2021-06-30 |
JiaXing Gas Dividend per year
JiaXing Gas Dividend growth
JiaXing Gas Dividend Yield
JiaXing Gas current trailing twelve-month (TTM) dividend yield is 10.54%. Interested in purchasing JiaXing Gas stock? Use our calculator to estimate your expected dividend yield:
JiaXing Gas Financial Ratios
JiaXing Gas Dividend FAQ
Other factors to consider when evaluating JiaXing Gas 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: JiaXing Gas'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, JiaXing Gas 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, JiaXing Gas 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 JiaXing Gas 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: JiaXing Gas 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, JiaXing Gas distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: JiaXing Gas 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 JiaXing Gas'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 JiaXing Gas'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.