Sichuan Mingxing Electric Power Co., Ltd. engages in the production and supply of electricity and tap water in China. It is also involved in the design and construction of electricity and tap water engineering; provision of hotel services; production and supply of natural gas; and development of miner resources. The company was founded in 1988 and is based in Suining, China.
Sichuan Mingxing Electric Power Dividend Announcement
• Sichuan Mingxing Electric Power announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-07-05. Ex dividend date: 2024-07-05 • Sichuan Mingxing Electric Power annual dividend for 2024 was ¥0.10 • Sichuan Mingxing Electric Power annual dividend for 2023 was ¥0.08 • Sichuan Mingxing Electric Power's trailing twelve-month (TTM) dividend yield is 0.79% • Sichuan Mingxing Electric Power's payout ratio for the trailing twelve months (TTM) is 36.65% • Sichuan Mingxing Electric Power's dividend growth over the last five years (2018-2023) was 15.77% year • Sichuan Mingxing Electric Power's dividend growth over the last ten years (2013-2023) was 7.60% year
Sichuan Mingxing Electric Power current trailing twelve-month (TTM) dividend yield is 0.79%. Interested in purchasing Sichuan Mingxing Electric Power stock? Use our calculator to estimate your expected dividend yield:
Sichuan Mingxing Electric Power Financial Ratios
P/E ratio18.64
PEG ratio3.93
P/B ratio1.36
ROE7.56%
Payout ratio36.65%
Current ratio1.39
Quick ratio1.36
Cash Ratio1.16
Sichuan Mingxing Electric Power Dividend FAQ
How much is the next Sichuan Mingxing Electric Power dividend?
Sichuan Mingxing Electric Power's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Sichuan Mingxing Electric Power dividend. The next Sichuan Mingxing Electric Power dividend will be released in July.
When is Sichuan Mingxing Electric Power dividend paid?
Sichuan Mingxing Electric Power pays dividends on a annually basis. The specific dates may vary each year but are generally around July. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Sichuan Mingxing Electric Power pay?
The specific amount of Sichuan Mingxing Electric Power dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Sichuan Mingxing Electric Power's dividend history.
Does Sichuan Mingxing Electric Power stock pay dividends?
Yes, Sichuan Mingxing Electric Power does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Sichuan Mingxing Electric Power's dividend history.
How much dividend does Sichuan Mingxing Electric Power pay?
Sichuan Mingxing Electric Power paid ¥0.1 in 2024, ¥0.08 in 2023, ¥0.08 in 2022, ¥0.05 in 2021, and ¥0.05 in 2020.
How often does Sichuan Mingxing Electric Power pay dividends?
Sichuan Mingxing Electric Power typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around July.
What is Sichuan Mingxing Electric Power's dividend yield?
The current dividend yield for Sichuan Mingxing Electric Power is 0.79%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Sichuan Mingxing Electric Power's exact dividend yield.
When does Sichuan Mingxing Electric Power go ex dividend?
Sichuan Mingxing Electric Power's ex-dividend date for the latest dividend was on 2024-07-05. Sichuan Mingxing Electric Power typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Sichuan Mingxing Electric Power dividend paid?
Sichuan Mingxing Electric Power pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Sichuan Mingxing Electric Power increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Sichuan Mingxing Electric Power will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Sichuan Mingxing Electric Power dividend per share?
Sichuan Mingxing Electric Power paid ¥0.1 per share in 2024 and ¥0.08 per share in 2023. The amount of dividend per share that Sichuan Mingxing Electric Power pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Sichuan Mingxing Electric Power a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Sichuan Mingxing Electric Power a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Sichuan Mingxing Electric Power a dividend stock?
Yes, Sichuan Mingxing Electric Power is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Sichuan Mingxing Electric Power a good dividend stock?
Whether Sichuan Mingxing Electric Power is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Sichuan Mingxing Electric Power has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Sichuan Mingxing Electric Power 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.
Does Sichuan Mingxing Electric Power pay dividends monthly?
Sichuan Mingxing Electric Power typically pays dividends on a annually basis.
Does Sichuan Mingxing Electric Power pay dividends quarterly?
Sichuan Mingxing Electric Power currently pays dividends on a annually basis.
Has Sichuan Mingxing Electric Power ever paid a dividend?
Yes, Sichuan Mingxing Electric Power has a history of paying dividends to its shareholders. Sichuan Mingxing Electric Power is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Sichuan Mingxing Electric Power dividend stocks?
To buy Sichuan Mingxing Electric Power you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Sichuan Mingxing Electric Power stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Sichuan Mingxing Electric Power pay dividends 2024?
Sichuan Mingxing Electric Power pays dividends on a annually basis. 2024 dividend payments are in 2024-07-05. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Sichuan Mingxing Electric Power increase its dividend in 2024?
Decisions regarding Sichuan Mingxing Electric Power dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Sichuan Mingxing Electric Power dividend overview you can look into the above table of dividend history.
How Sichuan Mingxing Electric Power dividend works?
The Sichuan Mingxing Electric Power dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Sichuan Mingxing Electric Power's dividend process works:
1. Determination of Dividend: Sichuan Mingxing Electric Power'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 Mingxing Electric Power 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 Mingxing Electric Power 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 Mingxing Electric Power 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.
How are Sichuan Mingxing Electric Power dividends paid?
Sichuan Mingxing Electric Power dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Sichuan Mingxing Electric Power 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 Mingxing Electric Power 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 Mingxing Electric Power 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.
How many times does Sichuan Mingxing Electric Power pay dividends?
Sichuan Mingxing Electric Power typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Sichuan Mingxing Electric Power pay dividends?
The general pattern is that Sichuan Mingxing Electric Power pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Sichuan Mingxing Electric Power dividend safe?
The safety of Sichuan Mingxing Electric Power's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Sichuan Mingxing Electric Power'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 Mingxing Electric Power'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.