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Ningbo Energy Group Co.,Ltd., together with its subsidiaries, engages in the cogeneration business in China. It operates coal-fired power plants, coal-fired gas-fired thermal power plants, and renewable energy power plants. The company is also involved in the production and consulting services of electricity, heat, and ash; heat supply activities; and construction and operation of charging piles and other cities energy infrastructure. In addition, it engages in the new energy development; investment management; equity investment; bulk commodity and energy trading; financial leasing; and waterway transportation activities. The company was formerly known as NINGBO THERMAL POWER CO.,LTD. and changed its name to Ningbo Energy Group Co.,Ltd. in December 2020. Ningbo Energy Group Co.,Ltd. was founded in 1994 and is based in Ningbo, China.

Ningbo Energy Dividend Announcement

Ningbo Energy announced a annually dividend of ¥0.15 per ordinary share which will be made payable on 2024-05-29. Ex dividend date: 2024-05-29
Ningbo Energy annual dividend for 2024 was ¥0.15
Ningbo Energy annual dividend for 2023 was ¥0.14
Ningbo Energy's trailing twelve-month (TTM) dividend yield is 3.85%
Ningbo Energy's payout ratio for the trailing twelve months (TTM) is 132.39%
Ningbo Energy's dividend growth over the last five years (2018-2023) was 27.54% year
Ningbo Energy's dividend growth over the last ten years (2013-2023) was 0.77% year

Ningbo Energy Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-29¥0.15annually2024-05-29
2023-05-24¥0.14annually2023-05-24
2022-05-27¥0.17annually2022-05-27
2021-05-28¥0.14annually2021-05-28
2020-06-02¥0.05annually2020-06-02
2019-06-24¥0.07annually2019-06-24
2018-06-04¥0.04annually2018-06-04
2017-06-19¥0.04annually2017-06-19
2016-05-09¥0.07annually
2015-06-29¥0.06annually
2014-05-19¥0.12annually
2013-07-10¥0.12annually

Ningbo Energy Dividend per year

Ningbo Energy Dividend growth

Ningbo Energy Dividend Yield

Ningbo Energy current trailing twelve-month (TTM) dividend yield is 3.85%. Interested in purchasing Ningbo Energy stock? Use our calculator to estimate your expected dividend yield:

Ningbo Energy Financial Ratios

P/E ratio12.59
PEG ratio-2.15
P/B ratio1.03
ROE8.21%
Payout ratio132.39%
Current ratio0.72
Quick ratio0.68
Cash Ratio0.12

Ningbo Energy Dividend FAQ

How much is the next Ningbo Energy dividend?
Ningbo Energy's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Ningbo Energy dividend. The next Ningbo Energy dividend will be released in May.
When is Ningbo Energy dividend paid?
Ningbo Energy pays dividends on a annually basis. The specific dates may vary each year but are generally around May. 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 Ningbo Energy pay?
The specific amount of Ningbo Energy 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 Ningbo Energy's dividend history.
Does Ningbo Energy stock pay dividends?
Yes, Ningbo Energy 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 Ningbo Energy's dividend history.
How much dividend does Ningbo Energy pay?
Ningbo Energy paid ¥0.15 in 2024, ¥0.135 in 2023, ¥0.17 in 2022, ¥0.135 in 2021, and ¥0.049 in 2020.
How often does Ningbo Energy pay dividends?
Ningbo Energy 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 May.
What is Ningbo Energy's dividend yield?
The current dividend yield for Ningbo Energy is 3.85%. 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 Ningbo Energy's exact dividend yield.
When does Ningbo Energy go ex dividend?
Ningbo Energy's ex-dividend date for the latest dividend was on 2024-05-29. Ningbo Energy 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 Ningbo Energy dividend paid?
Ningbo Energy pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will Ningbo Energy 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 Ningbo Energy 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 Ningbo Energy dividend per share?
Ningbo Energy paid ¥0.15 per share in 2024 and ¥0.135 per share in 2023. The amount of dividend per share that Ningbo Energy 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 Ningbo Energy 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 Ningbo Energy 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 Ningbo Energy a dividend stock?
Yes, Ningbo Energy is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Ningbo Energy a good dividend stock?
Whether Ningbo Energy is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Ningbo Energy has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Ningbo Energy 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 Ningbo Energy pay dividends monthly?
Ningbo Energy typically pays dividends on a annually basis.
Does Ningbo Energy pay dividends quarterly?
Ningbo Energy currently pays dividends on a annually basis.
Has Ningbo Energy ever paid a dividend?
Yes, Ningbo Energy has a history of paying dividends to its shareholders. Ningbo Energy is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Ningbo Energy dividend stocks?
To buy Ningbo Energy 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 Ningbo Energy 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 Ningbo Energy pay dividends 2024?
Ningbo Energy pays dividends on a annually basis. 2024 dividend payments are in 2024-05-29. 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 Ningbo Energy increase its dividend in 2024?
Decisions regarding Ningbo Energy 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 Ningbo Energy dividend overview you can look into the above table of dividend history.
How Ningbo Energy dividend works?
The Ningbo Energy 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 Ningbo Energy's dividend process works:

1. Determination of Dividend: Ningbo Energy'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, Ningbo Energy 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, Ningbo Energy 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 Ningbo Energy 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 Ningbo Energy dividends paid?
Ningbo Energy dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Ningbo Energy 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, Ningbo Energy distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Ningbo Energy 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 Ningbo Energy pay dividends?
Ningbo Energy 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 Ningbo Energy pay dividends?
The general pattern is that Ningbo Energy pays dividends around May. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Ningbo Energy dividend safe?
The safety of Ningbo Energy'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 Ningbo Energy'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 Ningbo Energy'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.