Jizhong Energy Resources Co., Ltd. engages in the mining, production, processing, and wholesale of coal in China. It offers coking coal for use in iron and steel industry; and thermal coal for use in power generation, building materials, chemical, and other industries. The company is also involved in the manufacture and sales of glass fiber and products; power generation; heat supply; processing and sales of fly ash products; wholesale and retail of building materials, chemical products, rubber products, industrial and mining products, and accessories; production and sales of chemical raw materials for the production of polyvinyl chloride resin; production and sales of plastic products, cement, etc.; and import and export business of various commodities. In addition, it provides coke's ancillary products; and technical consulting and other labor services, etc. The company was founded in 1999 and is based in Xingtai, China.
Jizhong Energy Resources Dividend Announcement
• Jizhong Energy Resources announced a semi annually dividend of ¥0.20 per ordinary share which will be made payable on 2024-10-18. Ex dividend date: 2024-10-18
• Jizhong Energy Resources annual dividend for 2024 was ¥0.80
• Jizhong Energy Resources annual dividend for 2023 was ¥1.00
• Jizhong Energy Resources's trailing twelve-month (TTM) dividend yield is 13.4%
• Jizhong Energy Resources's payout ratio for the trailing twelve months (TTM) is 353.67%
• Jizhong Energy Resources's dividend growth over the last five years (2018-2023) was 58.49% year
• Jizhong Energy Resources's dividend growth over the last ten years (2013-2023) was 17.92% year
Jizhong Energy Resources Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-18 | ¥0.20 | semi annually | 2024-10-18 |
2024-06-12 | ¥0.60 | semi annually | 2024-06-12 |
2023-06-30 | ¥1.00 | semi annually | 2023-06-30 |
2022-06-29 | ¥1.00 | semi annually | 2022-06-29 |
2021-08-13 | ¥0.40 | semi annually | 2021-08-13 |
2020-08-12 | ¥0.10 | semi annually | 2020-08-12 |
2019-05-29 | ¥0.10 | semi annually | 2019-05-29 |
2018-06-22 | ¥0.10 | semi annually | 2018-06-22 |
2017-06-21 | ¥0.10 | semi annually | 2017-06-21 |
2016-05-24 | ¥0.01 | semi annually | |
2015-06-10 | ¥0.08 | semi annually | |
2014-06-09 | ¥0.08 | semi annually | |
2013-07-08 | ¥0.19 | semi annually |
Jizhong Energy Resources Dividend per year
Jizhong Energy Resources Dividend growth
Jizhong Energy Resources Dividend Yield
Jizhong Energy Resources current trailing twelve-month (TTM) dividend yield is 13.4%. Interested in purchasing Jizhong Energy Resources stock? Use our calculator to estimate your expected dividend yield:
Jizhong Energy Resources Financial Ratios
Jizhong Energy Resources Dividend FAQ
Other factors to consider when evaluating Jizhong Energy Resources 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: Jizhong Energy Resources'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, Jizhong Energy Resources 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, Jizhong Energy Resources 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 Jizhong Energy Resources 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: Jizhong Energy Resources 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, Jizhong Energy Resources distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Jizhong Energy Resources 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 Jizhong Energy Resources'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 Jizhong Energy Resources'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.