Shenzhen Hopewind Electric Co., Ltd. engages in the research and development, manufacture, sale, and service of renewable energy and electric drive products. It offers wind power generation systems, such as doubly-fed converters, full power converters, medium voltage wind power converters, and wind farm EMS products, as well as liquid cooling system; solar power systems, including central inverters, string inverters, and transformer-inverter integration room; and VFD and ESS devices. The company also provides static var generators products. Its products are used in metallurgy, petroleum and petrochemical, mining machinery, port lifting, distributed energy power generation, large-scale test platforms, marine equipment, textiles, chemicals, cement, municipal, and other industrial applications. The company was founded in 2007 and is headquartered in Shenzhen, China.
Shenzhen Hopewind Electric Dividend Announcement
• Shenzhen Hopewind Electric announced a annually dividend of ¥0.20 per ordinary share which will be made payable on 2024-06-06. Ex dividend date: 2024-06-06
• Shenzhen Hopewind Electric annual dividend for 2024 was ¥0.20
• Shenzhen Hopewind Electric annual dividend for 2023 was ¥0.06
• Shenzhen Hopewind Electric's trailing twelve-month (TTM) dividend yield is 0.97%
• Shenzhen Hopewind Electric's payout ratio for the trailing twelve months (TTM) is 35.73%
• Shenzhen Hopewind Electric's dividend growth over the last five years (2018-2023) was -15.31% year
Shenzhen Hopewind Electric Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-06 | ¥0.20 | annually | 2024-06-06 |
2023-05-19 | ¥0.06 | annually | 2023-05-19 |
2022-05-11 | ¥0.07 | annually | 2022-05-11 |
2021-06-01 | ¥0.06 | annually | 2021-06-01 |
2020-06-03 | ¥0.02 | annually | 2020-06-03 |
2019-06-06 | ¥0.01 | annually | 2019-06-06 |
2018-06-04 | ¥0.14 | annually | 2018-06-04 |
Shenzhen Hopewind Electric Dividend per year
Shenzhen Hopewind Electric Dividend growth
Shenzhen Hopewind Electric Dividend Yield
Shenzhen Hopewind Electric current trailing twelve-month (TTM) dividend yield is 0.97%. Interested in purchasing Shenzhen Hopewind Electric stock? Use our calculator to estimate your expected dividend yield:
Shenzhen Hopewind Electric Financial Ratios
Shenzhen Hopewind Electric Dividend FAQ
Other factors to consider when evaluating Shenzhen Hopewind 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.
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1. Determination of Dividend: Shenzhen Hopewind 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, Shenzhen Hopewind 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, Shenzhen Hopewind 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 Shenzhen Hopewind 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.
1. Record Date: Shenzhen Hopewind 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, Shenzhen Hopewind 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: Shenzhen Hopewind 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.
To assess the safety of Shenzhen Hopewind 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 Shenzhen Hopewind 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.