SDIC Power Holdings Co., Ltd. engages in the electricity business in China. It generates electricity with an installed capacity of 20.765 million kilowatts of hydropower; 11.8808 million kilowatts of thermal power; and 2.2305 million kilowatts of wind power; and 1.342 million kilowatts solar power. SDIC Power Holdings Co., Ltd. is based in Beijing, China.
SDIC Power Dividend Announcement
• SDIC Power announced a annually dividend of ¥0.49 per ordinary share which will be made payable on 2024-08-09. Ex dividend date: 2024-08-09 • SDIC Power annual dividend for 2024 was ¥0.49 • SDIC Power annual dividend for 2023 was ¥0.28 • SDIC Power's trailing twelve-month (TTM) dividend yield is 3.06% • SDIC Power's payout ratio for the trailing twelve months (TTM) is 145.95% • SDIC Power's dividend growth over the last five years (2018-2023) was 10.53% year • SDIC Power's dividend growth over the last ten years (2013-2023) was 12.54% year
SDIC Power current trailing twelve-month (TTM) dividend yield is 3.06%. Interested in purchasing SDIC Power stock? Use our calculator to estimate your expected dividend yield:
SDIC Power Financial Ratios
P/E ratio16.68
PEG ratio-0.64
P/B ratio1.91
ROE12.52%
Payout ratio145.95%
Current ratio0.71
Quick ratio0.68
Cash Ratio0.28
SDIC Power Dividend FAQ
How much is the next SDIC Power dividend?
SDIC Power's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next SDIC Power dividend. The next SDIC Power dividend will be released in August.
When is SDIC Power dividend paid?
SDIC Power pays dividends on a annually basis. The specific dates may vary each year but are generally around August. 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 SDIC Power pay?
The specific amount of SDIC Power 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 SDIC Power's dividend history.
Does SDIC Power stock pay dividends?
Yes, SDIC Power 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 SDIC Power's dividend history.
How much dividend does SDIC Power pay?
SDIC Power paid ¥0.495 in 2024, ¥0.275 in 2023, ¥0.164 in 2022, ¥0.28 in 2021, and ¥0.245 in 2020.
How often does SDIC Power pay dividends?
SDIC Power 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 August.
What is SDIC Power's dividend yield?
The current dividend yield for SDIC Power is 3.06%. 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 SDIC Power's exact dividend yield.
When does SDIC Power go ex dividend?
SDIC Power's ex-dividend date for the latest dividend was on 2024-08-09. SDIC Power 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 SDIC Power dividend paid?
SDIC Power pays dividends on a annually basis, typically around August, but the exact dates can vary each year.
Will SDIC Power 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 SDIC Power 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 SDIC Power dividend per share?
SDIC Power paid ¥0.495 per share in 2024 and ¥0.275 per share in 2023. The amount of dividend per share that SDIC Power 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 SDIC Power 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 SDIC Power 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 SDIC Power a dividend stock?
Yes, SDIC Power is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is SDIC Power a good dividend stock?
Whether SDIC Power is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. SDIC Power has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating SDIC Power 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 SDIC Power pay dividends monthly?
SDIC Power typically pays dividends on a annually basis.
Does SDIC Power pay dividends quarterly?
SDIC Power currently pays dividends on a annually basis.
Has SDIC Power ever paid a dividend?
Yes, SDIC Power has a history of paying dividends to its shareholders. SDIC Power is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy SDIC Power dividend stocks?
To buy SDIC Power 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 SDIC Power 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 SDIC Power pay dividends 2024?
SDIC Power pays dividends on a annually basis. 2024 dividend payments are in 2024-08-09. 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 SDIC Power increase its dividend in 2024?
Decisions regarding SDIC Power 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 SDIC Power dividend overview you can look into the above table of dividend history.
How SDIC Power dividend works?
The SDIC Power 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 SDIC Power's dividend process works:
1. Determination of Dividend: SDIC Power'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, SDIC Power 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, SDIC Power 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 SDIC Power 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 SDIC Power dividends paid?
SDIC Power dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: SDIC Power 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, SDIC Power distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: SDIC Power 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 SDIC Power pay dividends?
SDIC Power 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 SDIC Power pay dividends?
The general pattern is that SDIC Power pays dividends around August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is SDIC Power dividend safe?
The safety of SDIC Power'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 SDIC Power'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 SDIC Power'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.