Shanxi Meijin Energy Co., Ltd. produces and sells coal, coke, and chemical products. It provides coal gas, tar, crude benzene, ammonium sulfate, and urea and LNG products. The company is also involved in the ecological protection and environmental governance, sewage treatment, sewage treatment engineering design, and environmental protection engineering activities; and research, development, production, and sale of road buses, tourist buses, and city buses. Shanxi Meijin Energy Co., Ltd. was founded in 1992 and is based in Taiyuan, China.
Shanxi Meijin Energy Dividend Announcement
• Shanxi Meijin Energy announced a annually dividend of ¥0.20 per ordinary share which will be made payable on 2022-06-09. Ex dividend date: 2022-06-09 • Shanxi Meijin Energy's trailing twelve-month (TTM) dividend yield is -% • Shanxi Meijin Energy's payout ratio for the trailing twelve months (TTM) is -44.27%
Shanxi Meijin Energy current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Shanxi Meijin Energy stock? Use our calculator to estimate your expected dividend yield:
Shanxi Meijin Energy Financial Ratios
P/E ratio-26.82
PEG ratio-18.20
P/B ratio1.45
ROE-5.32%
Payout ratio-44.27%
Current ratio0.52
Quick ratio0.45
Cash Ratio0.25
Shanxi Meijin Energy Dividend FAQ
How much is the next Shanxi Meijin Energy dividend?
Shanxi Meijin 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 Shanxi Meijin Energy dividend. The next Shanxi Meijin Energy dividend will be released in .
When is Shanxi Meijin Energy dividend paid?
Shanxi Meijin Energy pays dividends on a annually basis. The specific dates may vary each year but are generally around . 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 Shanxi Meijin Energy pay?
The specific amount of Shanxi Meijin 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 Shanxi Meijin Energy's dividend history.
Does Shanxi Meijin Energy stock pay dividends?
Yes, Shanxi Meijin 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 Shanxi Meijin Energy's dividend history.
How much dividend does Shanxi Meijin Energy pay?
Shanxi Meijin Energy paid ¥0.0 in 2024, ¥0.0 in 2023, ¥0.2 in 2022, ¥0.0 in 2021, and ¥0.0 in 2020.
How often does Shanxi Meijin Energy pay dividends?
Shanxi Meijin 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 .
What is Shanxi Meijin Energy's dividend yield?
The current dividend yield for Shanxi Meijin Energy is -%. 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 Shanxi Meijin Energy's exact dividend yield.
When does Shanxi Meijin Energy go ex dividend?
Shanxi Meijin Energy's ex-dividend date for the latest dividend was on 2022-06-09. Shanxi Meijin 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 Shanxi Meijin Energy dividend paid?
Shanxi Meijin Energy pays dividends on a annually basis, typically around , but the exact dates can vary each year.
Will Shanxi Meijin 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 Shanxi Meijin 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 Shanxi Meijin Energy dividend per share?
Shanxi Meijin Energy paid ¥0.0 per share in 2024 and ¥0.0 per share in 2023. The amount of dividend per share that Shanxi Meijin 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 Shanxi Meijin 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 Shanxi Meijin 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 Shanxi Meijin Energy a dividend stock?
Yes, Shanxi Meijin Energy is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Shanxi Meijin Energy a good dividend stock?
Whether Shanxi Meijin 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. Shanxi Meijin Energy has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Shanxi Meijin 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 Shanxi Meijin Energy pay dividends monthly?
Shanxi Meijin Energy typically pays dividends on a annually basis.
Does Shanxi Meijin Energy pay dividends quarterly?
Shanxi Meijin Energy currently pays dividends on a annually basis.
Has Shanxi Meijin Energy ever paid a dividend?
Yes, Shanxi Meijin Energy has a history of paying dividends to its shareholders. Shanxi Meijin Energy is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Shanxi Meijin Energy dividend stocks?
To buy Shanxi Meijin 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 Shanxi Meijin 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 Shanxi Meijin Energy pay dividends 2024?
Shanxi Meijin Energy pays dividends on a annually basis. 2024 dividend payments are in 2022-06-09. 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 Shanxi Meijin Energy increase its dividend in 2024?
Decisions regarding Shanxi Meijin 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 Shanxi Meijin Energy dividend overview you can look into the above table of dividend history.
How Shanxi Meijin Energy dividend works?
The Shanxi Meijin 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 Shanxi Meijin Energy's dividend process works:
1. Determination of Dividend: Shanxi Meijin 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 Meijin 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 Meijin 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 Meijin 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 Shanxi Meijin Energy dividends paid?
Shanxi Meijin Energy dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Shanxi Meijin 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 Meijin 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 Meijin 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 Shanxi Meijin Energy pay dividends?
Shanxi Meijin 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 Shanxi Meijin Energy pay dividends?
The general pattern is that Shanxi Meijin Energy pays dividends around . However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Shanxi Meijin Energy dividend safe?
The safety of Shanxi Meijin 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 Shanxi Meijin 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 Meijin 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.