Ningbo Shimao Energy Co., Ltd. engages in the generation of industrial steam and electricity. It operates through the following business segments: Domestic Waste Incineration, Cogeneration and Environmental Management. The Domestic Waste Incineration segment provides garbage disposal services. The Cogeneration segment includes thermal power generation and supply. The Environmental Management segment promotes disclosure and monitoring of environmental protection data and information. The company was founded on December 10, 2003 and is headquartered in Yuyao, China.
Ningbo Shimao Energy Dividend Announcement
• Ningbo Shimao Energy announced a annually dividend of ¥0.60 per ordinary share which will be made payable on 2024-04-23. Ex dividend date: 2024-04-23 • Ningbo Shimao Energy annual dividend for 2024 was ¥0.60 • Ningbo Shimao Energy annual dividend for 2023 was ¥0.30 • Ningbo Shimao Energy's trailing twelve-month (TTM) dividend yield is 3.25% • Ningbo Shimao Energy's payout ratio for the trailing twelve months (TTM) is 28.23%
Ningbo Shimao Energy current trailing twelve-month (TTM) dividend yield is 3.25%. Interested in purchasing Ningbo Shimao Energy stock? Use our calculator to estimate your expected dividend yield:
Ningbo Shimao Energy Financial Ratios
P/E ratio17.20
PEG ratio0.17
P/B ratio2.20
ROE13.00%
Payout ratio28.23%
Current ratio5.81
Quick ratio5.72
Cash Ratio0.75
Ningbo Shimao Energy Dividend FAQ
How much is the next Ningbo Shimao Energy dividend?
Ningbo Shimao 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 Shimao Energy dividend. The next Ningbo Shimao Energy dividend will be released in April.
When is Ningbo Shimao Energy dividend paid?
Ningbo Shimao Energy pays dividends on a annually basis. The specific dates may vary each year but are generally around April. 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 Shimao Energy pay?
The specific amount of Ningbo Shimao 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 Shimao Energy's dividend history.
Does Ningbo Shimao Energy stock pay dividends?
Yes, Ningbo Shimao 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 Shimao Energy's dividend history.
How much dividend does Ningbo Shimao Energy pay?
Ningbo Shimao Energy paid ¥0.6 in 2024, ¥0.3 in 2023, ¥0.5 in 2022, ¥0.5 in 2021, and ¥0.0 in 2020.
How often does Ningbo Shimao Energy pay dividends?
Ningbo Shimao 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 April.
What is Ningbo Shimao Energy's dividend yield?
The current dividend yield for Ningbo Shimao Energy is 3.25%. 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 Shimao Energy's exact dividend yield.
When does Ningbo Shimao Energy go ex dividend?
Ningbo Shimao Energy's ex-dividend date for the latest dividend was on 2024-04-23. Ningbo Shimao 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 Shimao Energy dividend paid?
Ningbo Shimao Energy pays dividends on a annually basis, typically around April, but the exact dates can vary each year.
Will Ningbo Shimao 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 Shimao 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 Shimao Energy dividend per share?
Ningbo Shimao Energy paid ¥0.6 per share in 2024 and ¥0.3 per share in 2023. The amount of dividend per share that Ningbo Shimao 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 Shimao 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 Shimao 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 Shimao Energy a dividend stock?
Yes, Ningbo Shimao 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 Shimao Energy a good dividend stock?
Whether Ningbo Shimao 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 Shimao Energy has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Ningbo Shimao 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 Shimao Energy pay dividends monthly?
Ningbo Shimao Energy typically pays dividends on a annually basis.
Does Ningbo Shimao Energy pay dividends quarterly?
Ningbo Shimao Energy currently pays dividends on a annually basis.
Has Ningbo Shimao Energy ever paid a dividend?
Yes, Ningbo Shimao Energy has a history of paying dividends to its shareholders. Ningbo Shimao Energy is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Ningbo Shimao Energy dividend stocks?
To buy Ningbo Shimao 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 Shimao 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 Shimao Energy pay dividends 2024?
Ningbo Shimao Energy pays dividends on a annually basis. 2024 dividend payments are in 2024-04-23. 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 Shimao Energy increase its dividend in 2024?
Decisions regarding Ningbo Shimao 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 Shimao Energy dividend overview you can look into the above table of dividend history.
How Ningbo Shimao Energy dividend works?
The Ningbo Shimao 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 Shimao Energy's dividend process works:
1. Determination of Dividend: Ningbo Shimao 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 Shimao 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 Shimao 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 Shimao 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 Shimao Energy dividends paid?
Ningbo Shimao Energy dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Ningbo Shimao 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 Shimao 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 Shimao 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 Shimao Energy pay dividends?
Ningbo Shimao 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 Shimao Energy pay dividends?
The general pattern is that Ningbo Shimao Energy pays dividends around April. 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 Shimao Energy dividend safe?
The safety of Ningbo Shimao 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 Shimao 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 Shimao 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.