Shanghai Huitong Energy Co.,Ltd engages house leasing and property services in China. The company was formerly known as Shanghai Light Industry Machinery Co., Ltd. and changed its name to Shanghai Huitong Energy Co.,Ltd in 2007. The company was founded in 1956 and is headquartered in Shanghai, China. Shanghai Huitong Energy Co.,Ltd is a subsidiary of Tibet Dejin Business Management Co., Ltd.
Shanghai Huitong Energy Dividend Announcement
• Shanghai Huitong Energy announced a annually dividend of ¥0.60 per ordinary share which will be made payable on . Ex dividend date: 2024-04-10 • Shanghai Huitong Energy annual dividend for 2024 was ¥0.60 • Shanghai Huitong Energy annual dividend for 2023 was ¥0.10 • Shanghai Huitong Energy's trailing twelve-month (TTM) dividend yield is 1.51% • Shanghai Huitong Energy's payout ratio for the trailing twelve months (TTM) is 132.85% • Shanghai Huitong Energy's dividend growth over the last five years (2018-2023) was 10.76% year • Shanghai Huitong Energy's dividend growth over the last ten years (2013-2023) was 20.89% year
Shanghai Huitong Energy current trailing twelve-month (TTM) dividend yield is 1.51%. Interested in purchasing Shanghai Huitong Energy stock? Use our calculator to estimate your expected dividend yield:
Shanghai Huitong Energy Financial Ratios
P/E ratio75.60
PEG ratio-2.06
P/B ratio6.08
ROE8.33%
Payout ratio132.85%
Current ratio7.12
Quick ratio7.12
Cash Ratio6.66
Shanghai Huitong Energy Dividend FAQ
How much is the next Shanghai Huitong Energy dividend?
Shanghai Huitong Energy'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 Huitong Energy dividend. The next Shanghai Huitong Energy dividend will be released in April.
When is Shanghai Huitong Energy dividend paid?
Shanghai Huitong Energy pays dividends on a annually basis. The specific dates may vary each year but are generally around April. 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 Huitong Energy pay?
The specific amount of Shanghai Huitong Energy 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 Huitong Energy's dividend history.
Does Shanghai Huitong Energy stock pay dividends?
Yes, Shanghai Huitong Energy 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 Huitong Energy's dividend history.
How much dividend does Shanghai Huitong Energy pay?
Shanghai Huitong Energy paid ¥0.6 in 2024, ¥0.1 in 2023, ¥0.088 in 2022, ¥0.102 in 2021, and ¥0.05 in 2020.
How often does Shanghai Huitong Energy pay dividends?
Shanghai Huitong Energy 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 April.
What is Shanghai Huitong Energy's dividend yield?
The current dividend yield for Shanghai Huitong Energy is 1.51%. 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 Huitong Energy's exact dividend yield.
When does Shanghai Huitong Energy go ex dividend?
Shanghai Huitong Energy's ex-dividend date for the latest dividend was on 2024-04-10. Shanghai Huitong Energy 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 Huitong Energy dividend paid?
Shanghai Huitong Energy pays dividends on a annually basis, typically around April, but the exact dates can vary each year.
Will Shanghai Huitong Energy 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 Huitong Energy 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 Huitong Energy dividend per share?
Shanghai Huitong Energy paid ¥0.6 per share in 2024 and ¥0.1 per share in 2023. The amount of dividend per share that Shanghai Huitong Energy 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 Huitong Energy 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 Huitong Energy 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 Huitong Energy a dividend stock?
Yes, Shanghai Huitong Energy is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Shanghai Huitong Energy a good dividend stock?
Whether Shanghai Huitong Energy 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 Huitong Energy has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Shanghai Huitong 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.
Does Shanghai Huitong Energy pay dividends monthly?
Shanghai Huitong Energy typically pays dividends on a annually basis.
Does Shanghai Huitong Energy pay dividends quarterly?
Shanghai Huitong Energy currently pays dividends on a annually basis.
Has Shanghai Huitong Energy ever paid a dividend?
Yes, Shanghai Huitong Energy has a history of paying dividends to its shareholders. Shanghai Huitong Energy is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Shanghai Huitong Energy dividend stocks?
To buy Shanghai Huitong 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, 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 Huitong 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.
When does Shanghai Huitong Energy pay dividends 2024?
Shanghai Huitong Energy pays dividends on a annually basis. 2024 dividend payments are in . 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 Huitong Energy increase its dividend in 2024?
Decisions regarding Shanghai Huitong Energy 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 Huitong Energy dividend overview you can look into the above table of dividend history.
How Shanghai Huitong Energy dividend works?
The Shanghai Huitong Energy 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 Huitong Energy's dividend process works:
1. Determination of Dividend: Shanghai Huitong 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, Shanghai Huitong 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, Shanghai Huitong 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 Shanghai Huitong 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.
How are Shanghai Huitong Energy dividends paid?
Shanghai Huitong Energy dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Shanghai Huitong 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, Shanghai Huitong 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: Shanghai Huitong 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.
How many times does Shanghai Huitong Energy pay dividends?
Shanghai Huitong Energy 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 Huitong Energy pay dividends?
The general pattern is that Shanghai Huitong Energy pays dividends around April. 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 Huitong Energy dividend safe?
The safety of Shanghai Huitong Energy'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 Huitong 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 Shanghai Huitong 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.