Perennial Energy Holdings Limited, an investment holding company, operates as a coal mining company in the People's Republic of China. The company principally explores for and mines various coals, such as clean, middling, sludge, and raw and coking coal; and operates a coal refinery. It also produces and sells coalbed methane gas. It operates three underground coal mines comprising Hongguo Coal Mine with a licensed area of 3.0225 sq. km; Baogushan Coal Mine covering a licensed area of 2.4736 sq. km; and Xiejiahegou Coal Mine with a licensed area of 1.0135 sq. km located in Panzhou City, Guizhou Province. The company was incorporated in 2017 and is headquartered in Liupanshui, China. Perennial Energy Holdings Limited is a subsidiary of Spring Snow Management Limited.
Perennial Energy Dividend Announcement
• Perennial Energy announced a annually dividend of HK$0.05 per ordinary share which will be made payable on 2024-07-05. Ex dividend date: 2024-06-12 • Perennial Energy annual dividend for 2024 was HK$0.05 • Perennial Energy annual dividend for 2023 was HK$0.12 • Perennial Energy's trailing twelve-month (TTM) dividend yield is 4.72% • Perennial Energy's payout ratio for the trailing twelve months (TTM) is 35.43%
Perennial Energy current trailing twelve-month (TTM) dividend yield is 4.72%. Interested in purchasing Perennial Energy stock? Use our calculator to estimate your expected dividend yield:
Perennial Energy Financial Ratios
P/E ratio3.37
PEG ratio0.26
P/B ratio0.61
ROE19.31%
Payout ratio35.43%
Current ratio0.85
Quick ratio0.80
Cash Ratio0.08
Perennial Energy Dividend FAQ
How much is the next Perennial Energy dividend?
Perennial 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 Perennial Energy dividend. The next Perennial Energy dividend will be released in June.
When is Perennial Energy dividend paid?
Perennial Energy 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 Perennial Energy pay?
The specific amount of Perennial 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 Perennial Energy's dividend history.
Does Perennial Energy stock pay dividends?
Yes, Perennial 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 Perennial Energy's dividend history.
How much dividend does Perennial Energy pay?
Perennial Energy paid HK$0.05 in 2024, HK$0.125 in 2023, HK$0.038 in 2022, HK$0.038 in 2021, and HK$0.025 in 2020.
How often does Perennial Energy pay dividends?
Perennial 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 June.
What is Perennial Energy's dividend yield?
The current dividend yield for Perennial Energy is 4.72%. 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 Perennial Energy's exact dividend yield.
When does Perennial Energy go ex dividend?
Perennial Energy's ex-dividend date for the latest dividend was on 2024-06-12. Perennial 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 Perennial Energy dividend paid?
Perennial Energy pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Perennial 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 Perennial 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 Perennial Energy dividend per share?
Perennial Energy paid HK$0.05 per share in 2024 and HK$0.125 per share in 2023. The amount of dividend per share that Perennial 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 Perennial 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 Perennial 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 Perennial Energy a dividend stock?
Yes, Perennial Energy is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Perennial Energy a good dividend stock?
Whether Perennial 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. Perennial Energy has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Perennial 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 Perennial Energy pay dividends monthly?
Perennial Energy typically pays dividends on a annually basis.
Does Perennial Energy pay dividends quarterly?
Perennial Energy currently pays dividends on a annually basis.
Has Perennial Energy ever paid a dividend?
Yes, Perennial Energy has a history of paying dividends to its shareholders. Perennial Energy is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Perennial Energy dividend stocks?
To buy Perennial 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 Perennial 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 Perennial Energy pay dividends 2024?
Perennial Energy pays dividends on a annually basis. 2024 dividend payments are in 2024-07-05. 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 Perennial Energy increase its dividend in 2024?
Decisions regarding Perennial 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 Perennial Energy dividend overview you can look into the above table of dividend history.
How Perennial Energy dividend works?
The Perennial 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 Perennial Energy's dividend process works:
1. Determination of Dividend: Perennial 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, Perennial 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, Perennial 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 Perennial 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 Perennial Energy dividends paid?
Perennial Energy dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Perennial 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, Perennial 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: Perennial 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 Perennial Energy pay dividends?
Perennial 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 Perennial Energy pay dividends?
The general pattern is that Perennial Energy 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 Perennial Energy dividend safe?
The safety of Perennial 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 Perennial 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 Perennial 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.