Shanghai Guangdian Electric Group Co., Ltd. manufactures and sells electrical equipment in China. The company offers its products under the SGEG, GE, AE, Honeywell, and AEG brands. It serves electric power, petroleum, chemical, metallurgy, municipal construction, construction, environmental protection, and other fields industries. Shanghai Guangdian Electric Group Co., Ltd. was founded in 1986 and is based in Shanghai, China.
Shanghai Guangdian Electric Dividend Announcement
• Shanghai Guangdian Electric announced a annually dividend of ¥0.07 per ordinary share which will be made payable on 2024-07-16. Ex dividend date: 2024-07-16 • Shanghai Guangdian Electric annual dividend for 2024 was ¥0.07 • Shanghai Guangdian Electric annual dividend for 2023 was ¥0.07 • Shanghai Guangdian Electric's trailing twelve-month (TTM) dividend yield is 1.8% • Shanghai Guangdian Electric's payout ratio for the trailing twelve months (TTM) is 130.65%
Shanghai Guangdian Electric current trailing twelve-month (TTM) dividend yield is 1.8%. Interested in purchasing Shanghai Guangdian Electric stock? Use our calculator to estimate your expected dividend yield:
Shanghai Guangdian Electric Financial Ratios
P/E ratio71.30
PEG ratio11.05
P/B ratio1.35
ROE1.89%
Payout ratio130.65%
Current ratio3.89
Quick ratio3.46
Cash Ratio1.45
Shanghai Guangdian Electric Dividend FAQ
How much is the next Shanghai Guangdian Electric dividend?
Shanghai Guangdian Electric's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Shanghai Guangdian Electric dividend. The next Shanghai Guangdian Electric dividend will be released in June.
When is Shanghai Guangdian Electric dividend paid?
Shanghai Guangdian Electric pays dividends on a annually basis. The specific dates may vary each year but are generally around June. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Shanghai Guangdian Electric pay?
The specific amount of Shanghai Guangdian Electric dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Shanghai Guangdian Electric's dividend history.
Does Shanghai Guangdian Electric stock pay dividends?
Yes, Shanghai Guangdian Electric does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Shanghai Guangdian Electric's dividend history.
How much dividend does Shanghai Guangdian Electric pay?
Shanghai Guangdian Electric paid ¥0.07 in 2024, ¥0.07 in 2023, ¥0.0 in 2022, ¥0.101 in 2021, and ¥0.05 in 2020.
How often does Shanghai Guangdian Electric pay dividends?
Shanghai Guangdian Electric typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around June.
What is Shanghai Guangdian Electric's dividend yield?
The current dividend yield for Shanghai Guangdian Electric is 1.8%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Shanghai Guangdian Electric's exact dividend yield.
When does Shanghai Guangdian Electric go ex dividend?
Shanghai Guangdian Electric's ex-dividend date for the latest dividend was on 2024-07-16. Shanghai Guangdian Electric typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Shanghai Guangdian Electric dividend paid?
Shanghai Guangdian Electric pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Shanghai Guangdian Electric increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Shanghai Guangdian Electric will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Shanghai Guangdian Electric dividend per share?
Shanghai Guangdian Electric paid ¥0.07 per share in 2024 and ¥0.07 per share in 2023. The amount of dividend per share that Shanghai Guangdian Electric pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Shanghai Guangdian Electric a dividend aristocrat?
No, 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 Guangdian Electric a dividend king?
No, 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 Guangdian Electric a dividend stock?
Yes, Shanghai Guangdian Electric is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Shanghai Guangdian Electric a good dividend stock?
Whether Shanghai Guangdian Electric is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Shanghai Guangdian Electric has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Shanghai Guangdian Electric 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.
Does Shanghai Guangdian Electric pay dividends monthly?
Shanghai Guangdian Electric typically pays dividends on a annually basis.
Does Shanghai Guangdian Electric pay dividends quarterly?
Shanghai Guangdian Electric currently pays dividends on a annually basis.
Has Shanghai Guangdian Electric ever paid a dividend?
Yes, Shanghai Guangdian Electric has a history of paying dividends to its shareholders. Shanghai Guangdian Electric is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Shanghai Guangdian Electric dividend stocks?
To buy Shanghai Guangdian Electric 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Shanghai Guangdian Electric 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.
When does Shanghai Guangdian Electric pay dividends 2024?
Shanghai Guangdian Electric pays dividends on a annually basis. 2024 dividend payments are in 2024-07-16. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Shanghai Guangdian Electric increase its dividend in 2024?
Decisions regarding Shanghai Guangdian Electric dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Shanghai Guangdian Electric dividend overview you can look into the above table of dividend history.
How Shanghai Guangdian Electric dividend works?
The Shanghai Guangdian Electric dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Shanghai Guangdian Electric's dividend process works:
1. Determination of Dividend: Shanghai Guangdian Electric'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 Guangdian Electric 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 Guangdian Electric 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 Guangdian Electric 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.
How are Shanghai Guangdian Electric dividends paid?
Shanghai Guangdian Electric dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Shanghai Guangdian Electric 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 Guangdian Electric 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 Guangdian Electric 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.
How many times does Shanghai Guangdian Electric pay dividends?
Shanghai Guangdian Electric typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Shanghai Guangdian Electric pay dividends?
The general pattern is that Shanghai Guangdian Electric pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Shanghai Guangdian Electric dividend safe?
The safety of Shanghai Guangdian Electric's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Shanghai Guangdian Electric'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 Guangdian Electric'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.