Jointo Energy Investment Co., Ltd. Hebei invests in, constructs, operates, and manages energy projects primarily based on electricity production. The company focuses on coal-fired power generation and heating, as well as nuclear power, wind power, hydropower, etc. As of December 31, 2019, it controlled operating installed capacity of 8.15 million kilowatts, controlled installed capacity of 350,000 kilowatts, and equity operating installed capacity of 8.67 million kilowatts. The company was founded in 1994 and is based in Shijiazhuang, China. Jointo Energy Investment Co., Ltd. Hebei operates as a subsidiary of Hebei Province Construction & Investment Group Co., Ltd.
Jointo Energy Investment Hebei Dividend Announcement
• Jointo Energy Investment Hebei announced a annually dividend of ¥0.08 per ordinary share which will be made payable on 2024-06-26. Ex dividend date: 2024-06-26 • Jointo Energy Investment Hebei annual dividend for 2024 was ¥0.08 • Jointo Energy Investment Hebei annual dividend for 2023 was ¥0.03 • Jointo Energy Investment Hebei's trailing twelve-month (TTM) dividend yield is 1.49% • Jointo Energy Investment Hebei's payout ratio for the trailing twelve months (TTM) is 206.23%
Jointo Energy Investment Hebei current trailing twelve-month (TTM) dividend yield is 1.49%. Interested in purchasing Jointo Energy Investment Hebei stock? Use our calculator to estimate your expected dividend yield:
Jointo Energy Investment Hebei Financial Ratios
P/E ratio24.12
PEG ratio-0.40
P/B ratio0.94
ROE3.96%
Payout ratio206.23%
Current ratio0.65
Quick ratio0.57
Cash Ratio0.14
Jointo Energy Investment Hebei Dividend FAQ
How much is the next Jointo Energy Investment Hebei dividend?
Jointo Energy Investment Hebei's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Jointo Energy Investment Hebei dividend. The next Jointo Energy Investment Hebei dividend will be released in June.
When is Jointo Energy Investment Hebei dividend paid?
Jointo Energy Investment Hebei pays dividends on a annually basis. The specific dates may vary each year but are generally around June. 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 Jointo Energy Investment Hebei pay?
The specific amount of Jointo Energy Investment Hebei 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 Jointo Energy Investment Hebei's dividend history.
Does Jointo Energy Investment Hebei stock pay dividends?
Yes, Jointo Energy Investment Hebei 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 Jointo Energy Investment Hebei's dividend history.
How much dividend does Jointo Energy Investment Hebei pay?
Jointo Energy Investment Hebei paid ¥0.08 in 2024, ¥0.03 in 2023, ¥0.0 in 2022, ¥0.17 in 2021, and ¥0.12 in 2020.
How often does Jointo Energy Investment Hebei pay dividends?
Jointo Energy Investment Hebei 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 June.
What is Jointo Energy Investment Hebei's dividend yield?
The current dividend yield for Jointo Energy Investment Hebei is 1.49%. 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 Jointo Energy Investment Hebei's exact dividend yield.
When does Jointo Energy Investment Hebei go ex dividend?
Jointo Energy Investment Hebei's ex-dividend date for the latest dividend was on 2024-06-26. Jointo Energy Investment Hebei 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 Jointo Energy Investment Hebei dividend paid?
Jointo Energy Investment Hebei pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Jointo Energy Investment Hebei 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 Jointo Energy Investment Hebei 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 Jointo Energy Investment Hebei dividend per share?
Jointo Energy Investment Hebei paid ¥0.08 per share in 2024 and ¥0.03 per share in 2023. The amount of dividend per share that Jointo Energy Investment Hebei 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 Jointo Energy Investment Hebei 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 Jointo Energy Investment Hebei 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 Jointo Energy Investment Hebei a dividend stock?
Yes, Jointo Energy Investment Hebei is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Jointo Energy Investment Hebei a good dividend stock?
Whether Jointo Energy Investment Hebei is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Jointo Energy Investment Hebei has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Jointo Energy Investment Hebei 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 Jointo Energy Investment Hebei pay dividends monthly?
Jointo Energy Investment Hebei typically pays dividends on a annually basis.
Does Jointo Energy Investment Hebei pay dividends quarterly?
Jointo Energy Investment Hebei currently pays dividends on a annually basis.
Has Jointo Energy Investment Hebei ever paid a dividend?
Yes, Jointo Energy Investment Hebei has a history of paying dividends to its shareholders. Jointo Energy Investment Hebei is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Jointo Energy Investment Hebei dividend stocks?
To buy Jointo Energy Investment Hebei 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 Jointo Energy Investment Hebei 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 Jointo Energy Investment Hebei pay dividends 2024?
Jointo Energy Investment Hebei pays dividends on a annually basis. 2024 dividend payments are in 2024-06-26. 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 Jointo Energy Investment Hebei increase its dividend in 2024?
Decisions regarding Jointo Energy Investment Hebei 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 Jointo Energy Investment Hebei dividend overview you can look into the above table of dividend history.
How Jointo Energy Investment Hebei dividend works?
The Jointo Energy Investment Hebei 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 Jointo Energy Investment Hebei's dividend process works:
1. Determination of Dividend: Jointo Energy Investment Hebei'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, Jointo Energy Investment Hebei 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, Jointo Energy Investment Hebei 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 Jointo Energy Investment Hebei 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 Jointo Energy Investment Hebei dividends paid?
Jointo Energy Investment Hebei dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Jointo Energy Investment Hebei 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, Jointo Energy Investment Hebei distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Jointo Energy Investment Hebei 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 Jointo Energy Investment Hebei pay dividends?
Jointo Energy Investment Hebei 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 Jointo Energy Investment Hebei pay dividends?
The general pattern is that Jointo Energy Investment Hebei pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Jointo Energy Investment Hebei dividend safe?
The safety of Jointo Energy Investment Hebei'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 Jointo Energy Investment Hebei'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 Jointo Energy Investment Hebei'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.