Power Construction Corporation of China, Ltd provides engineering contracting services in the People's Republic of China and internationally. The company engages in the hydro, thermal, nuclear, wind, and solar power generation; power transmission and transformation projects; water conservancy and water engineering general contracting; equipment maintenance and related equipment manufacturing, repair, and leasing; and power project development, investment, construction, management, and sales activities. It is also involved in the planning, survey and design, construction and installation, technology research and development, project management, consulting, and supervision services for roads, railways, ports, waterways, airports, houses, municipal engineering, urban rail, environmental engineering, mining, smelting, and petrochemical projects; bidding; import and export; real estate development and operation; industrial investment and management; and logistics and warehousing activities. The company was founded in 2011 and is based in Beijing, the People's Republic of China.
Power Construction of China Dividend Announcement
• Power Construction of China announced a annually dividend of ¥0.14 per ordinary share which will be made payable on 2024-07-19. Ex dividend date: 2024-07-19
• Power Construction of China annual dividend for 2024 was ¥0.14
• Power Construction of China annual dividend for 2023 was ¥0.12
• Power Construction of China's trailing twelve-month (TTM) dividend yield is 2.47%
• Power Construction of China's payout ratio for the trailing twelve months (TTM) is 136.25%
• Power Construction of China's dividend growth over the last five years (2018-2023) was 5.34% year
• Power Construction of China's dividend growth over the last ten years (2013-2023) was -0.64% year
Power Construction of China Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-19 | ¥0.14 | annually | 2024-07-19 |
2023-07-11 | ¥0.12 | annually | 2023-07-11 |
2022-07-25 | ¥0.10 | annually | 2022-07-25 |
2021-07-07 | ¥0.09 | annually | 2021-07-07 |
2020-07-07 | ¥0.04 | annually | 2020-07-07 |
2019-07-24 | ¥0.10 | annually | 2019-07-24 |
2018-06-29 | ¥0.09 | annually | 2018-06-29 |
2017-07-14 | ¥0.09 | annually | 2017-07-14 |
2016-07-14 | ¥0.08 | annually | |
2015-06-01 | ¥0.10 | annually | |
2014-07-04 | ¥0.14 | annually | |
2013-07-04 | ¥0.13 | annually |
Power Construction of China Dividend per year
Power Construction of China Dividend growth
Power Construction of China Dividend Yield
Power Construction of China current trailing twelve-month (TTM) dividend yield is 2.47%. Interested in purchasing Power Construction of China stock? Use our calculator to estimate your expected dividend yield:
Power Construction of China Financial Ratios
Power Construction of China Dividend FAQ
Other factors to consider when evaluating Power Construction of China 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.
Place an order: Use the brokerage's trading platform to place an order to buy Power Construction of China 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.
1. Determination of Dividend: Power Construction of China'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, Power Construction of China 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, Power Construction of China 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 Power Construction of China 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: Power Construction of China 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, Power Construction of China distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Power Construction of China 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 Power Construction of China'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 Power Construction of China'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.