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Shandong Hi-Speed New Energy Group Limited engages in the investment, development, construction, operation, and management of photovoltaic power business in Mainland China. The company develops and constructs distributed photovoltaic power stations; and provides engineering, procurement, construction, and technical consultancy services for photovoltaic and wind power-related projects, and clean heat supply services, which include the production of heat through natural gas, electricity, geothermal energy, biomass energy, photovoltaic power, industrial excess heat energy, clean coal energy, river water source, etc., as well as trades in equipment related to photovoltaic power business. It also engages in the infrastructure development and operation of wind power plants and clean energy projects, as well as in the property investment business. The company was formerly known as Beijing Enterprises Clean Energy Group Limited and changed its name to Shandong Hi-Speed New Energy Group Limited in July 2022. Shandong Hi-Speed New Energy Group Limited was founded in 2000 and is headquartered in Wanchai, Hong Kong.

Shandong Hi-Speed New Energy Dividend Announcement

• Shandong Hi-Speed New Energy announced a annually dividend of HK$0.06 per ordinary share which will be made payable on 2014-06-27. Ex dividend date: 2014-06-09
• Shandong Hi-Speed New Energy's trailing twelve-month (TTM) dividend yield is -%
• Shandong Hi-Speed New Energy's payout ratio for the trailing twelve months (TTM) is 6.31%

Shandong Hi-Speed New Energy Dividend History

Ex-Div dateDividend amountDividend typePay date
2014-06-09HK$0.06annually2014-06-27

Shandong Hi-Speed New Energy Dividend per year

Shandong Hi-Speed New Energy Dividend Yield

Shandong Hi-Speed New Energy current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Shandong Hi-Speed New Energy stock? Use our calculator to estimate your expected dividend yield:

Shandong Hi-Speed New Energy Financial Ratios

P/E ratio10.92
PEG ratio0.17
P/B ratio0.25
ROE2.29%
Payout ratio6.31%
Current ratio2.14
Quick ratio2.13
Cash Ratio0.52

Shandong Hi-Speed New Energy Dividend FAQ

Does Shandong Hi-Speed New Energy stock pay dividends?
Shandong Hi-Speed New Energy does not currently pay dividends to its shareholders.
Has Shandong Hi-Speed New Energy ever paid a dividend?
No, Shandong Hi-Speed New Energy has no a history of paying dividends to its shareholders. Shandong Hi-Speed New Energy is not known for its dividend payments.
Why doesn't Shandong Hi-Speed New Energy pay dividends?
There are several potential reasons why Shandong Hi-Speed New Energy would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Shandong Hi-Speed New Energy ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Shandong Hi-Speed New Energy has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Shandong Hi-Speed New Energy a dividend aristocrat?
Shandong Hi-Speed New Energy is not considered a Dividend Aristocrat. 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 Shandong Hi-Speed New Energy a dividend king?
Shandong Hi-Speed New Energy is not classified as a "Dividend King". 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 Shandong Hi-Speed New Energy a dividend stock?
No, Shandong Hi-Speed New Energy is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Shandong Hi-Speed New Energy stocks?
To buy Shandong Hi-Speed New Energy 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Shandong Hi-Speed New Energy 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.