Nanjing Xinlian Electronics Co., Ltd manufactures electricity consumption information acquisition systems for power grid enterprises and enterprise users in China. The company provides intelligent monitoring systems for environmental protection facilities, catering waste gas monitoring platform, and a collaborative governance data platform for ecological environment governance. It also offers concentrators, specialized acquisition terminals, power consumption information collection master station systems, and software systems. In addition, the company provides power distribution monitoring and management systems, central air-conditioning intelligent monitoring systems, park meter reading systems, smart generation systems, and demand response services. Further, it offers enterprise energy management systems, building energy consumption monitoring systems, and monitoring terminals, as well as orderly electricity consumption management system for non-industrial users; power cabinets, chassis, and consoles; and smart energy cloud platform. The company was founded in 2007 and is based in Nanjing, China.
Nanjing Xinlian Electronics Dividend Announcement
• Nanjing Xinlian Electronics announced a annually dividend of ¥0.12 per ordinary share which will be made payable on 2024-05-20. Ex dividend date: 2024-05-20
• Nanjing Xinlian Electronics annual dividend for 2024 was ¥0.12
• Nanjing Xinlian Electronics annual dividend for 2023 was ¥0.12
• Nanjing Xinlian Electronics 's trailing twelve-month (TTM) dividend yield is 2.62%
• Nanjing Xinlian Electronics 's payout ratio for the trailing twelve months (TTM) is 193.94%
• Nanjing Xinlian Electronics 's dividend growth over the last ten years (2013-2023) was -11.34% year
Nanjing Xinlian Electronics Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-20 | ¥0.12 | annually | 2024-05-20 |
2023-05-18 | ¥0.12 | annually | 2023-05-18 |
2022-03-31 | ¥0.12 | annually | 2022-03-31 |
2021-04-29 | ¥0.12 | annually | 2021-04-29 |
2020-05-11 | ¥0.01 | annually | 2020-05-11 |
2019-05-07 | ¥0.12 | annually | 2019-05-07 |
2018-05-28 | ¥0.12 | annually | 2018-05-28 |
2017-06-02 | ¥0.01 | annually | 2017-06-02 |
2016-03-24 | ¥0.30 | annually | |
2015-05-06 | ¥0.30 | annually | |
2014-04-29 | ¥0.40 | annually | |
2013-04-01 | ¥0.40 | annually |
Nanjing Xinlian Electronics Dividend per year
Nanjing Xinlian Electronics Dividend growth
Nanjing Xinlian Electronics Dividend Yield
Nanjing Xinlian Electronics current trailing twelve-month (TTM) dividend yield is 2.62%. Interested in purchasing Nanjing Xinlian Electronics stock? Use our calculator to estimate your expected dividend yield:
Nanjing Xinlian Electronics Financial Ratios
Nanjing Xinlian Electronics Dividend FAQ
Other factors to consider when evaluating Nanjing Xinlian Electronics 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: Nanjing Xinlian Electronics '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, Nanjing Xinlian Electronics 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, Nanjing Xinlian Electronics 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 Nanjing Xinlian Electronics 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: Nanjing Xinlian Electronics 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, Nanjing Xinlian Electronics distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Nanjing Xinlian Electronics 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 Nanjing Xinlian Electronics '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 Nanjing Xinlian Electronics '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.