Shan Xi Huayang Group New Energy Co.,Ltd. operates in the coal mining industry. The company is involved in the production, washing and processing, and sale of coal; production and sale of electricity; production and sale of thermal energy; road general cargo transportation; equipment leasing; and construction machinery accessories businesses. Its coal products are used in electricity, fertilizer, metallurgy, machinery, building materials, and other industries. The company was formerly known as Yangquan Coal Industry (Group) Co., Ltd. and changed its name to Shan Xi Huayang Group New Energy Co.,Ltd. in January 2021. Shan Xi Huayang Group New Energy Co.,Ltd. was founded in 1999 and is based in Yangquan, China. Shan Xi Huayang Group New Energy Co.,Ltd. operates as a subsidiary of Huayang New Material Technology Group Co., Ltd.
Shan Xi Huayang New Energy Dividend Announcement
• Shan Xi Huayang New Energy announced a annually dividend of ¥0.72 per ordinary share which will be made payable on 2024-07-18. Ex dividend date: 2024-07-18
• Shan Xi Huayang New Energy annual dividend for 2024 was ¥0.72
• Shan Xi Huayang New Energy annual dividend for 2023 was ¥1.32
• Shan Xi Huayang New Energy's trailing twelve-month (TTM) dividend yield is 9.45%
• Shan Xi Huayang New Energy's payout ratio for the trailing twelve months (TTM) is 121.45%
• Shan Xi Huayang New Energy's dividend growth over the last five years (2018-2023) was 45.03% year
Shan Xi Huayang New Energy Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-18 | ¥0.72 | annually | 2024-07-18 |
2023-06-16 | ¥1.32 | annually | 2023-06-16 |
2022-07-13 | ¥0.50 | annually | 2022-07-13 |
2021-07-09 | ¥0.25 | annually | 2021-07-09 |
2020-06-01 | ¥0.28 | annually | 2020-06-01 |
2019-07-08 | ¥0.28 | annually | 2019-07-08 |
2018-07-16 | ¥0.20 | annually | 2018-07-16 |
2014-07-09 | ¥0.12 | annually | |
2013-07-05 | ¥0.29 | annually | |
2012-07-04 | ¥0.20 | annually | |
2011-07-01 | ¥0.10 | annually | |
2010-06-08 | ¥0.30 | annually |
Shan Xi Huayang New Energy Dividend per year
Shan Xi Huayang New Energy Dividend growth
Shan Xi Huayang New Energy Dividend Yield
Shan Xi Huayang New Energy current trailing twelve-month (TTM) dividend yield is 9.45%. Interested in purchasing Shan Xi Huayang New Energy stock? Use our calculator to estimate your expected dividend yield:
Shan Xi Huayang New Energy Financial Ratios
Shan Xi Huayang New Energy Dividend FAQ
Other factors to consider when evaluating Shan Xi Huayang New 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: Shan Xi Huayang New 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, Shan Xi Huayang New 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, Shan Xi Huayang New 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 Shan Xi Huayang New 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: Shan Xi Huayang New 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, Shan Xi Huayang New 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: Shan Xi Huayang New 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 Shan Xi Huayang New 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 Shan Xi Huayang New 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.