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Shanghai Electric Wind Power Group Co., Ltd. designs and manufactures wind turbines, and operates and maintains wind farms in China. The company has a cumulative installed capacity of approximately 11GW of wind power. Shanghai Electric Wind Power Group Co., Ltd. was founded in 2006 and is based in Shanghai, China. Shanghai Electric Wind Power Group Co., Ltd. operates as a subsidiary of Shanghai Electric Group Company Limited.

Shanghai Electric Wind Power Dividend Announcement

Shanghai Electric Wind Power announced a annually dividend of ¥0.12 per ordinary share which will be made payable on 2022-07-08. Ex dividend date: 2022-07-08
Shanghai Electric Wind Power's trailing twelve-month (TTM) dividend yield is -%
Shanghai Electric Wind Power's payout ratio for the trailing twelve months (TTM) is -11.16%

Shanghai Electric Wind Power Dividend History

Ex-Div dateDividend amountDividend typePay date
2022-07-08¥0.12annually2022-07-08

Shanghai Electric Wind Power Dividend per year

Shanghai Electric Wind Power Dividend Yield

Shanghai Electric Wind Power current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Shanghai Electric Wind Power stock? Use our calculator to estimate your expected dividend yield:

Shanghai Electric Wind Power Financial Ratios

P/E ratio-9.41
PEG ratio-0.09
P/B ratio1.91
ROE-19.56%
Payout ratio-11.16%
Current ratio0.90
Quick ratio0.71
Cash Ratio0.11

Shanghai Electric Wind Power Dividend FAQ

Does Shanghai Electric Wind Power stock pay dividends?
Shanghai Electric Wind Power does not currently pay dividends to its shareholders.
Has Shanghai Electric Wind Power ever paid a dividend?
No, Shanghai Electric Wind Power has no a history of paying dividends to its shareholders. Shanghai Electric Wind Power is not known for its dividend payments.
Why doesn't Shanghai Electric Wind Power pay dividends?
There are several potential reasons why Shanghai Electric Wind Power 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 Shanghai Electric Wind Power 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 Shanghai Electric Wind Power 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 Shanghai Electric Wind Power a dividend aristocrat?
Shanghai Electric Wind Power 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 Shanghai Electric Wind Power a dividend king?
Shanghai Electric Wind Power 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 Shanghai Electric Wind Power a dividend stock?
No, Shanghai Electric Wind Power 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 Shanghai Electric Wind Power stocks?
To buy Shanghai Electric Wind 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Shanghai Electric Wind 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.