Shanxi Coking Coal Energy Group Co. ,Ltd. produces and sells coal products in the People's Republic of China. It offers coking coal, fat coal, gas coal, lean coal, meager lean coal, etc.; and fined coal for metallurgy industry, pulverized coal, steam coal, screen mixed coal, and coke products, as well as operates coal fueled-power plants. The company was formerly known as Shanxi Xishan Coal and Electricity Power Co.,Ltd. and changed its name to Shanxi Coking Coal Energy Group Co. ,Ltd. in December 2020. The company was founded in 1956 and is headquartered in Taiyuan, the People's Republic of China. Shanxi Coking Coal Energy Group Co. ,Ltd. is a subsidiary of Shanxi Coking Co., Ltd.
Shanxi Coking Coal Energy Dividend Announcement
• Shanxi Coking Coal Energy announced a annually dividend of ¥0.80 per ordinary share which will be made payable on 2024-07-12. Ex dividend date: 2024-07-12
• Shanxi Coking Coal Energy annual dividend for 2024 was ¥0.80
• Shanxi Coking Coal Energy annual dividend for 2023 was ¥1.20
• Shanxi Coking Coal Energy's trailing twelve-month (TTM) dividend yield is 9.72%
• Shanxi Coking Coal Energy's payout ratio for the trailing twelve months (TTM) is 298.73%
• Shanxi Coking Coal Energy's dividend growth over the last five years (2018-2023) was 108.07% year
• Shanxi Coking Coal Energy's dividend growth over the last ten years (2013-2023) was 45.77% year
Shanxi Coking Coal Energy Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-12 | ¥0.80 | annually | 2024-07-12 |
2023-06-21 | ¥1.20 | annually | 2023-06-21 |
2022-07-13 | ¥0.80 | annually | 2022-07-13 |
2021-07-16 | ¥0.10 | annually | 2021-07-16 |
2020-06-24 | ¥0.10 | annually | 2020-06-24 |
2019-06-26 | ¥0.23 | annually | 2019-06-26 |
2018-07-12 | ¥0.03 | annually | 2018-07-12 |
2017-06-20 | ¥0.01 | annually | 2017-06-20 |
2016-07-13 | ¥0.00 | annually | |
2015-07-02 | ¥0.00 | annually | |
2014-06-27 | ¥0.01 | annually | |
2013-06-21 | ¥0.03 | annually |
Shanxi Coking Coal Energy Dividend per year
Shanxi Coking Coal Energy Dividend growth
Shanxi Coking Coal Energy Dividend Yield
Shanxi Coking Coal Energy current trailing twelve-month (TTM) dividend yield is 9.72%. Interested in purchasing Shanxi Coking Coal Energy stock? Use our calculator to estimate your expected dividend yield:
Shanxi Coking Coal Energy Financial Ratios
Shanxi Coking Coal Energy Dividend FAQ
Other factors to consider when evaluating Shanxi Coking Coal 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.
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1. Determination of Dividend: Shanxi Coking Coal 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, Shanxi Coking Coal 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, Shanxi Coking Coal 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 Shanxi Coking Coal 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.
1. Record Date: Shanxi Coking Coal 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, Shanxi Coking Coal 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: Shanxi Coking Coal 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.
To assess the safety of Shanxi Coking Coal 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 Shanxi Coking Coal 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.