Shuifa Energas Gas Co., Ltd. engages in the liquified natural gas (LNG) business in China and internationally. The company engages in the distribution and supply of natura gas; production, marketing, and sale of LNG/ compressed natural gas (CNG); and operation of LNG/CNG filling stations. Its gas transmission and distribution system equipment include inlet, gas pretreatment, pressure regulation and control, flow measurement, temperature regulation and control, electrical and control, and emission units, as well as auxiliary systems, such as sewage and safety monitoring. The company also offers filters and separators; offshore platform transmission and distribution system equipment; and skid-mounted equipment comprises gas expanders, small gas generator sets, etc. In addition, it provides auxiliary equipment and modules for gas turbine front and fuel modules, water washing modules, gas turbine piping systems, steam turbine steam seal piping systems, chemical pipeline systems, and GE EPE gas turbines. The company was formerly known as Dalian Energas Gas-System Co., Ltd. Shuifa Energas Gas Co., Ltd. was founded in 2002 and is headquartered in Jinan, China.
Shuifa Energas Gas Dividend Announcement
• Shuifa Energas Gas announced a annually dividend of ¥0.06 per ordinary share which will be made payable on 2024-07-11. Ex dividend date: 2024-07-11
• Shuifa Energas Gas annual dividend for 2024 was ¥0.06
• Shuifa Energas Gas annual dividend for 2023 was ¥0.03
• Shuifa Energas Gas's trailing twelve-month (TTM) dividend yield is 0.88%
• Shuifa Energas Gas's payout ratio for the trailing twelve months (TTM) is 146.89%
Shuifa Energas Gas Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-11 | ¥0.06 | annually | 2024-07-11 |
2023-07-13 | ¥0.03 | annually | 2023-07-13 |
2022-07-26 | ¥0.03 | annually | 2022-07-26 |
2021-06-10 | ¥0.02 | annually | 2021-06-10 |
2018-06-01 | ¥0.01 | annually | 2018-06-01 |
2017-07-12 | ¥0.01 | annually | 2017-07-12 |
2016-06-29 | ¥0.25 | annually |
Shuifa Energas Gas Dividend per year
Shuifa Energas Gas Dividend growth
Shuifa Energas Gas Dividend Yield
Shuifa Energas Gas current trailing twelve-month (TTM) dividend yield is 0.88%. Interested in purchasing Shuifa Energas Gas stock? Use our calculator to estimate your expected dividend yield:
Shuifa Energas Gas Financial Ratios
Shuifa Energas Gas Dividend FAQ
Other factors to consider when evaluating Shuifa Energas Gas 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: Shuifa Energas Gas'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, Shuifa Energas Gas 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, Shuifa Energas Gas 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 Shuifa Energas Gas 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: Shuifa Energas Gas 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, Shuifa Energas Gas distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Shuifa Energas Gas 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 Shuifa Energas Gas'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 Shuifa Energas Gas'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.