Shuangliang Eco-Energy Systems Co.,Ltd produces and sells refrigeration, heating, and power systems in China. The company offers seawater desalination systems; air-cooled condenser systems; lithium bromide absorption heat pump; flue gas fired lithium bromide absorption chiller systems; and hot water, direct and stream fired absorption chiller systems for petrochemical, biochemical, chemical, steel, coal carbonization, metallurgy, thermal power, textile, brewery, food and beverage, palm oil, pulp mill, colling, heating, power, and solar heating/geothermal industries. It also provides energy management contract; engineering, procurement, and construction; after-sales; and consulting services. Shuangliang Eco-Energy Systems Co.,Ltd was founded in 1982 and is headquartered in Jiangyin, the People's Republic of China.
Shuangliang Eco-Energy Systems Dividend Announcement
• Shuangliang Eco-Energy Systems announced a semi annually dividend of ¥0.12 per ordinary share which will be made payable on 2024-06-12. Ex dividend date: 2024-06-12
• Shuangliang Eco-Energy Systems annual dividend for 2024 was ¥0.12
• Shuangliang Eco-Energy Systems annual dividend for 2023 was ¥0.50
• Shuangliang Eco-Energy Systems's trailing twelve-month (TTM) dividend yield is 1.92%
• Shuangliang Eco-Energy Systems's payout ratio for the trailing twelve months (TTM) is -37.56%
Shuangliang Eco-Energy Systems Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-12 | ¥0.12 | semi annually | 2024-06-12 |
2023-09-26 | ¥0.20 | semi annually | 2023-09-26 |
2023-05-30 | ¥0.30 | semi annually | 2023-05-30 |
2021-07-12 | ¥0.02 | semi annually | 2021-07-12 |
2020-07-03 | ¥0.12 | semi annually | 2020-07-03 |
2019-05-17 | ¥0.12 | semi annually | 2019-05-17 |
2018-06-22 | ¥0.05 | semi annually | 2018-06-22 |
2017-07-10 | ¥0.08 | semi annually | 2017-07-10 |
2016-06-08 | ¥0.10 | semi annually | |
2015-09-09 | ¥0.10 | semi annually | |
2015-05-28 | ¥0.40 | semi annually | |
2014-05-22 | ¥0.65 | semi annually | |
2013-06-24 | ¥0.25 | semi annually | |
2012-05-22 | ¥0.15 | semi annually |
Shuangliang Eco-Energy Systems Dividend per year
Shuangliang Eco-Energy Systems Dividend growth
Shuangliang Eco-Energy Systems Dividend Yield
Shuangliang Eco-Energy Systems current trailing twelve-month (TTM) dividend yield is 1.92%. Interested in purchasing Shuangliang Eco-Energy Systems stock? Use our calculator to estimate your expected dividend yield:
Shuangliang Eco-Energy Systems Financial Ratios
Shuangliang Eco-Energy Systems Dividend FAQ
Other factors to consider when evaluating Shuangliang Eco-Energy Systems 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: Shuangliang Eco-Energy Systems'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, Shuangliang Eco-Energy Systems 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, Shuangliang Eco-Energy Systems 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 Shuangliang Eco-Energy Systems 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: Shuangliang Eco-Energy Systems 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, Shuangliang Eco-Energy Systems distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Shuangliang Eco-Energy Systems 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 Shuangliang Eco-Energy Systems'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 Shuangliang Eco-Energy Systems'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.