Jinneng Holding Shanxi Electric Power Co.,LTD. engages in the production and sale of power and thermal products. It is also involved in the development and sale of fuel, materials, high-tech electricity, and power supplies. The company develops high-parameter, low-energy, low-emission power plants near coal-mines; and constructs two 1000000-kilowatt-class ultra-supercritical coal-fired power projects in Changzhi. It also provides financial and new energy services; and develops 300,000 kilowatts of thermal power plants, as well as downstream electrolytic aluminum and other high-load projects. In addition, the company researches and develops fly ash disposal and utilization; and develops power engineering, high technology, energy saving, coal logistics, and other businesses. The company was founded in 1985 and is headquartered in Taiyuan, China.
Jinneng Shanxi Electric Power Dividend Announcement
• Jinneng Shanxi Electric Power announced a annually dividend of ¥0.23 per ordinary share which will be made payable on . Ex dividend date: 2008-06-19
• Jinneng Shanxi Electric Power's trailing twelve-month (TTM) dividend yield is -%
• Jinneng Shanxi Electric Power's payout ratio for the trailing twelve months (TTM) is -203.64%
Jinneng Shanxi Electric Power Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2008-06-19 | ¥0.23 | annually | |
2007-06-12 | ¥0.16 | annually | |
2006-04-25 | ¥0.12 | annually | |
2005-08-19 | ¥0.17 | annually | |
2004-07-08 | ¥0.38 | annually | |
2003-06-26 | ¥0.46 | annually | |
2002-06-14 | ¥0.20 | annually | |
2001-06-26 | ¥0.16 | annually | |
2000-06-19 | ¥0.16 | annually | |
1999-08-26 | ¥0.41 | annually | |
1998-08-26 | ¥0.06 | annually | |
1997-10-15 | ¥0.10 | annually |
Jinneng Shanxi Electric Power Dividend per year
Jinneng Shanxi Electric Power Dividend growth
Jinneng Shanxi Electric Power Dividend Yield
Jinneng Shanxi Electric Power current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Jinneng Shanxi Electric Power stock? Use our calculator to estimate your expected dividend yield:
Jinneng Shanxi Electric Power Financial Ratios
Jinneng Shanxi Electric Power Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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