Puxing Energy Limited, an investment holding company, develops, operates, and manages natural gas-fired power plants in the People's Republic of China. As of December 31, 201, it owned five natural gas-fired power plants with a total installed capacity of approximately 687.73W, including 731kW photovoltaic power generation scale; and a heating capacity of approximately 360 tons per hour. The company was formerly known as Puxing Clean Energy Limited and changed its name to Puxing Energy Limited in June 2020. Puxing Energy Limited was founded in 2004 and is headquartered in Hangzhou, the People's Republic of China. Puxing Energy Limited is a subsidiary of Puxing International Limited.
Puxing Energy Dividend Announcement
• Puxing Energy announced a annually dividend of HK$0.03 per ordinary share which will be made payable on . Ex dividend date: 2023-06-21
• Puxing Energy annual dividend for 2023 was HK$0.03
• Puxing Energy's trailing twelve-month (TTM) dividend yield is -%
• Puxing Energy's dividend growth over the last five years (2018-2023) was -2.82% year
Puxing Energy Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-06-21 | HK$0.03 | annually | |
2022-06-21 | HK$0.06 | annually | 2022-07-07 |
2021-06-08 | HK$0.10 | annually | 2021-06-23 |
2020-06-08 | HK$0.04 | annually | 2020-06-24 |
2019-06-12 | HK$0.04 | annually | 2019-06-26 |
2018-06-12 | HK$0.03 | annually | 2018-06-27 |
2017-06-06 | HK$0.03 | annually | 2017-06-21 |
2016-06-06 | HK$0.03 | annually | |
2014-06-06 | HK$0.00 | annually | |
2013-09-09 | HK$0.01 | annually | |
2013-06-04 | HK$0.01 | annually | |
2012-06-05 | HK$0.03 | annually | |
2011-09-05 | HK$0.03 | annually | |
2011-05-30 | HK$0.03 | annually |
Puxing Energy Dividend per year
Puxing Energy Dividend growth
Puxing Energy Dividend Yield
Puxing Energy current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Puxing Energy stock? Use our calculator to estimate your expected dividend yield:
Puxing Energy Financial Ratios
Puxing Energy Dividend FAQ
Other factors to consider when evaluating Puxing 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.
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1. Determination of Dividend: Puxing 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, Puxing 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, Puxing 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 Puxing 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.
1. Record Date: Puxing 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, Puxing 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: Puxing 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.
To assess the safety of Puxing 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 Puxing 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.