Shaanxi Coal Industry Company Limited, together with its subsidiaries, mines, produces, washes, processes, and sells coal in China and internationally. The company primarily explores for power, chemical, and metallurgical coal. Its coal properties are primarily located in Northern Shaanxi and Binhuang. The company markets its products under the Huangling, Huangling No.1, Yuhua, Hongliulin, and other brand names. The company was founded in 2008 and is based in Xi'an, China. Shaanxi Coal Industry Company Limited is a subsidiary of Shaanxi Coal and Chemical Industry Group Co., Ltd.
Shaanxi Coal Industry Dividend Announcement
• Shaanxi Coal Industry announced a semi annually dividend of ¥0.11 per ordinary share which will be made payable on 2024-10-23. Ex dividend date: 2024-10-23
• Shaanxi Coal Industry annual dividend for 2024 was ¥1.42
• Shaanxi Coal Industry annual dividend for 2023 was ¥2.18
• Shaanxi Coal Industry's trailing twelve-month (TTM) dividend yield is 6.08%
• Shaanxi Coal Industry's payout ratio for the trailing twelve months (TTM) is 161.79%
• Shaanxi Coal Industry's dividend growth over the last five years (2018-2023) was 39.14% year
Shaanxi Coal Industry Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-23 | ¥0.11 | semi annually | 2024-10-23 |
2024-06-28 | ¥1.31 | semi annually | 2024-06-28 |
2023-07-12 | ¥2.18 | semi annually | 2023-07-12 |
2022-07-08 | ¥1.35 | semi annually | 2022-07-08 |
2021-07-09 | ¥0.80 | semi annually | 2021-07-09 |
2020-07-10 | ¥0.36 | semi annually | 2020-07-10 |
2019-07-11 | ¥0.33 | semi annually | 2019-07-11 |
2018-07-10 | ¥0.42 | semi annually | 2018-07-10 |
2017-07-20 | ¥0.11 | semi annually | 2017-07-20 |
2015-06-26 | ¥0.03 | semi annually | |
2014-07-11 | ¥0.12 | semi annually |
Shaanxi Coal Industry Dividend per year
Shaanxi Coal Industry Dividend growth
Shaanxi Coal Industry Dividend Yield
Shaanxi Coal Industry current trailing twelve-month (TTM) dividend yield is 6.08%. Interested in purchasing Shaanxi Coal Industry stock? Use our calculator to estimate your expected dividend yield:
Shaanxi Coal Industry Financial Ratios
Shaanxi Coal Industry Dividend FAQ
Other factors to consider when evaluating Shaanxi Coal Industry 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: Shaanxi Coal Industry'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, Shaanxi Coal Industry 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, Shaanxi Coal Industry 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 Shaanxi Coal Industry 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: Shaanxi Coal Industry 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, Shaanxi Coal Industry distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Shaanxi Coal Industry 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 Shaanxi Coal Industry'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 Shaanxi Coal Industry'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.