Shanghai Datun Energy Resources Co., Ltd. engages in the production and sale of coal primarily in China. The company offers coking coal, gas coal, gas fat coal, clean coal, washed and mixed medium block, mixed coal, and power clean coal. It also produces electricity; and provides aluminum ingots, aluminum rods, aluminum sheets, aluminum profiles, and anode carbon, as well as operates railway line for coal and passenger transportation. The company was founded in 1999 and is based in Shanghai, China. Shanghai Datun Energy Resources Co., Ltd. is a subsidiary of China Coal Energy Company Limited.
Shanghai Datun Energy Resources Dividend Announcement
• Shanghai Datun Energy Resources announced a semi annually dividend of ¥0.20 per ordinary share which will be made payable on 2024-09-24. Ex dividend date: 2024-09-24
• Shanghai Datun Energy Resources annual dividend for 2024 was ¥0.61
• Shanghai Datun Energy Resources annual dividend for 2023 was ¥0.73
• Shanghai Datun Energy Resources's trailing twelve-month (TTM) dividend yield is 4.39%
• Shanghai Datun Energy Resources's payout ratio for the trailing twelve months (TTM) is 375.78%
• Shanghai Datun Energy Resources's dividend growth over the last five years (2018-2023) was 27.11% year
Shanghai Datun Energy Resources Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-24 | ¥0.20 | semi annually | 2024-09-24 |
2024-07-18 | ¥0.41 | semi annually | 2024-07-18 |
2023-07-07 | ¥0.73 | semi annually | 2023-07-07 |
2022-07-27 | ¥0.15 | semi annually | 2022-07-27 |
2021-06-25 | ¥0.28 | semi annually | 2021-06-25 |
2020-06-19 | ¥0.24 | semi annually | 2020-06-19 |
2019-06-21 | ¥0.28 | semi annually | 2019-06-21 |
2018-06-22 | ¥0.22 | semi annually | 2018-06-22 |
2017-06-23 | ¥0.10 | semi annually | 2017-06-23 |
2013-06-20 | ¥0.40 | semi annually | |
2012-06-15 | ¥0.30 | semi annually | |
2011-06-21 | ¥0.25 | semi annually | |
2010-06-11 | ¥0.15 | semi annually |
Shanghai Datun Energy Resources Dividend per year
Shanghai Datun Energy Resources Dividend growth
Shanghai Datun Energy Resources Dividend Yield
Shanghai Datun Energy Resources current trailing twelve-month (TTM) dividend yield is 4.39%. Interested in purchasing Shanghai Datun Energy Resources stock? Use our calculator to estimate your expected dividend yield:
Shanghai Datun Energy Resources Financial Ratios
Shanghai Datun Energy Resources Dividend FAQ
Other factors to consider when evaluating Shanghai Datun Energy Resources 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: Shanghai Datun Energy Resources'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, Shanghai Datun Energy Resources 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, Shanghai Datun Energy Resources 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 Shanghai Datun Energy Resources 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: Shanghai Datun Energy Resources 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, Shanghai Datun Energy Resources distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Shanghai Datun Energy Resources 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 Shanghai Datun Energy Resources'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 Shanghai Datun Energy Resources'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.