Shenzhen Energy Group Co., Ltd. engages in the generation of electric power in China. The company operates low-carbon, natural gas, wind power, photovoltaic, hydropower, and other clean energy power plants. It is also involved in the supply of gas and solid waste treatment businesses. The company was formerly known as Shenzhen Energy Investment Co., Ltd. and changed its name to Shenzhen Energy Group Co., Ltd. in April 2008. Shenzhen Energy Group Co., Ltd. was founded in 1991 and is headquartered in Shenzhen, China.
Shenzhen Energy Dividend Announcement
• Shenzhen Energy announced a annually dividend of ¥0.14 per ordinary share which will be made payable on 2024-06-18. Ex dividend date: 2024-06-18
• Shenzhen Energy annual dividend for 2024 was ¥0.14
• Shenzhen Energy annual dividend for 2023 was ¥0.14
• Shenzhen Energy's trailing twelve-month (TTM) dividend yield is 2.15%
• Shenzhen Energy's payout ratio for the trailing twelve months (TTM) is 932.42%
• Shenzhen Energy's dividend growth over the last five years (2018-2023) was 16.00% year
• Shenzhen Energy's dividend growth over the last ten years (2013-2023) was 3.42% year
Shenzhen Energy Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-18 | ¥0.14 | annually | 2024-06-18 |
2023-06-15 | ¥0.14 | annually | 2023-06-15 |
2022-06-17 | ¥0.17 | annually | 2022-06-17 |
2021-06-18 | ¥0.26 | annually | 2021-06-18 |
2020-06-11 | ¥0.05 | annually | 2020-06-11 |
2019-06-14 | ¥0.04 | annually | 2019-06-14 |
2018-06-22 | ¥0.07 | annually | 2018-06-22 |
2017-06-29 | ¥0.12 | annually | 2017-06-29 |
2016-06-28 | ¥0.17 | annually | |
2015-06-25 | ¥0.20 | annually | |
2014-05-23 | ¥0.25 | annually | |
2013-05-31 | ¥0.10 | annually |
Shenzhen Energy Dividend per year
Shenzhen Energy Dividend growth
Shenzhen Energy Dividend Yield
Shenzhen Energy current trailing twelve-month (TTM) dividend yield is 2.15%. Interested in purchasing Shenzhen Energy stock? Use our calculator to estimate your expected dividend yield:
Shenzhen Energy Financial Ratios
Shenzhen Energy Dividend FAQ
Other factors to consider when evaluating Shenzhen 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: Shenzhen 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, Shenzhen 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, Shenzhen 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 Shenzhen 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: Shenzhen 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, Shenzhen 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: Shenzhen 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 Shenzhen 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 Shenzhen 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.