Leshan Electric Power Co.,Ltd, together with its subsidiaries, operates as a power company in China. It also operates in the natural gas, tap water, sewage treatment, hotel services, photovoltaic new energy, and other fields. The company was founded in 1988 and is based in Leshan, China.
Leshan Electric Power Dividend Announcement
• Leshan Electric Power announced a annually dividend of ¥0.05 per ordinary share which will be made payable on . Ex dividend date: 2013-08-01
• Leshan Electric Power's trailing twelve-month (TTM) dividend yield is -%
• Leshan Electric Power's payout ratio for the trailing twelve months (TTM) is 104.93%
Leshan Electric Power Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2013-08-01 | ¥0.05 | annually | |
| 2012-06-07 | ¥0.06 | annually | |
| 2011-06-23 | ¥0.06 | annually | |
| 2010-07-05 | ¥0.05 | annually | |
| 2009-05-18 | ¥0.08 | annually | |
| 2008-04-21 | ¥0.06 | annually | |
| 2007-06-26 | ¥0.06 | annually | |
| 2006-06-15 | ¥0.09 | annually | |
| 2005-08-09 | ¥0.09 | annually | |
| 2002-08-29 | ¥0.05 | annually | |
| 2000-10-26 | ¥0.05 | annually | |
| 1995-08-07 | ¥0.11 | annually |
Leshan Electric Power Dividend per year
Leshan Electric Power Dividend growth
Leshan Electric Power Dividend Yield
Leshan Electric Power current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Leshan Electric Power stock? Use our calculator to estimate your expected dividend yield:
Leshan Electric Power Financial Ratios
P/E ratio177.42
PEG ratio0.28
P/B ratio2.02
ROE1.17%
Payout ratio104.93%
Current ratio0.63
Quick ratio0.58
Cash Ratio0.32
Leshan Electric Power Dividend FAQ
Does Leshan Electric Power stock pay dividends?
Leshan Electric Power does not currently pay dividends to its shareholders.
Has Leshan Electric Power ever paid a dividend?
No, Leshan Electric Power has no a history of paying dividends to its shareholders. Leshan Electric Power is not known for its dividend payments.
Why doesn't Leshan Electric Power pay dividends?
There are several potential reasons why Leshan Electric Power would choose not to pay dividends to their shareholders:
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.
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.
Will Leshan Electric Power ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Leshan Electric Power has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Leshan Electric Power a dividend aristocrat?
Leshan Electric Power is not considered a Dividend Aristocrat. 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 Leshan Electric Power a dividend king?
Leshan Electric Power is not classified as a "Dividend King". 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 Leshan Electric Power a dividend stock?
No, Leshan Electric Power is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Leshan Electric Power stocks?
To buy Leshan Electric Power 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 and account minimums.
Place an order: Use the brokerage's trading platform to place an order to buy Leshan Electric Power 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.
Place an order: Use the brokerage's trading platform to place an order to buy Leshan Electric Power 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.