Sichuan Energy Investment Development Co., Ltd., a vertically integrated power supplier and service provider, generates, distributes, and sells electricity in Yibin City, Sichuan Province. It generates electricity through hydropower plants; and distributes electricity to household, general industrial and commercial, large industrial, state grid, and other users through its grid transmission and distribution system, as well as step-up and step-down substations. As of December 31, 2021, the company owned and operated 34 hydropower plants with a total installed capacity of 138,355 kilowatts; 2 units of 220 kilovolt (kV) substations with a capacity of 720,000 kilo-volt-ampere (kVA); 19 units of 110 kV substations with a total capacity of 942,000 kVA; and 59 units of 35 kV substations with a total capacity of 572,050 kVA. It also engages in electrical engineering construction activities; and the sale of electric equipment and materials.The company was incorporated in 2011 and is headquartered in Chengdu, the People's Republic of China.
Sichuan Energy Investment Development Dividend Announcement
• Sichuan Energy Investment Development announced a annually dividend of HK$0.14 per ordinary share which will be made payable on 2024-07-25. Ex dividend date: 2024-07-02
• Sichuan Energy Investment Development annual dividend for 2024 was HK$0.14
• Sichuan Energy Investment Development annual dividend for 2023 was HK$0.14
• Sichuan Energy Investment Development's trailing twelve-month (TTM) dividend yield is 7.58%
• Sichuan Energy Investment Development's payout ratio for the trailing twelve months (TTM) is 42.45%
Sichuan Energy Investment Development Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-02 | HK$0.14 | annually | 2024-07-25 |
2023-06-21 | HK$0.14 | annually | 2023-07-21 |
2022-06-21 | HK$0.15 | annually | 2022-07-07 |
2021-06-22 | HK$0.14 | annually | 2021-07-19 |
2020-06-19 | HK$0.11 | annually | 2020-07-17 |
2019-06-21 | HK$0.10 | annually | 2019-07-19 |
Sichuan Energy Investment Development Dividend per year
Sichuan Energy Investment Development Dividend growth
Sichuan Energy Investment Development Dividend Yield
Sichuan Energy Investment Development current trailing twelve-month (TTM) dividend yield is 7.58%. Interested in purchasing Sichuan Energy Investment Development stock? Use our calculator to estimate your expected dividend yield:
Sichuan Energy Investment Development Financial Ratios
Sichuan Energy Investment Development Dividend FAQ
Other factors to consider when evaluating Sichuan Energy Investment Development 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: Sichuan Energy Investment Development'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, Sichuan Energy Investment Development 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, Sichuan Energy Investment Development 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 Sichuan Energy Investment Development 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: Sichuan Energy Investment Development 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, Sichuan Energy Investment Development distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sichuan Energy Investment Development 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 Sichuan Energy Investment Development'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 Sichuan Energy Investment Development'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.