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Sichuan New Energy Power Company Limited produces and sells chemical fertilizers, basic chemical raw materials, and organic chemical products in China. It primarily provides synthetic ammonia, urea, melamine, ammonium nitrate, sulfuric acid, and hydrogen peroxide. The company was formerly known as Sichuan Chemical Company Limited. Sichuan New Energy Power Company Limited was founded in 1997 and is headquartered in Chengdu, China.

Sichuan New Energy Power Dividend Announcement

Sichuan New Energy Power announced a annually dividend of ¥0.16 per ordinary share which will be made payable on 2024-10-14. Ex dividend date: 2024-10-14
Sichuan New Energy Power annual dividend for 2024 was ¥0.16
Sichuan New Energy Power's trailing twelve-month (TTM) dividend yield is -%
Sichuan New Energy Power's payout ratio for the trailing twelve months (TTM) is 31.02%

Sichuan New Energy Power Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-14¥0.16annually2024-10-14
2010-05-25¥0.05annually
2009-04-22¥0.12annually
2008-05-28¥0.13annually
2007-07-05¥0.25annually
2006-03-06¥0.15annually
2005-06-30¥0.08annually
2004-04-30¥0.09annually
2003-04-01¥0.08annually
2002-06-07¥0.06annually

Sichuan New Energy Power Dividend per year

Sichuan New Energy Power Dividend growth

Sichuan New Energy Power Dividend Yield

Sichuan New Energy Power current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Sichuan New Energy Power stock? Use our calculator to estimate your expected dividend yield:

Sichuan New Energy Power Financial Ratios

P/E ratio20.20
PEG ratio1.31
P/B ratio1.88
ROE12.33%
Payout ratio31.02%
Current ratio2.16
Quick ratio2.11
Cash Ratio1.32

Sichuan New Energy Power Dividend FAQ

Does Sichuan New Energy Power stock pay dividends?
Sichuan New Energy Power does not currently pay dividends to its shareholders.
Has Sichuan New Energy Power ever paid a dividend?
No, Sichuan New Energy Power has no a history of paying dividends to its shareholders. Sichuan New Energy Power is not known for its dividend payments.
Why doesn't Sichuan New Energy Power pay dividends?
There are several potential reasons why Sichuan New Energy Power would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Sichuan New Energy Power ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Sichuan New Energy Power has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Sichuan New Energy Power a dividend aristocrat?
Sichuan New Energy Power is not considered a Dividend Aristocrat. 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 New Energy Power a dividend king?
Sichuan New Energy Power is not classified as a "Dividend King". 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 New Energy Power a dividend stock?
No, Sichuan New Energy Power is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Sichuan New Energy Power stocks?
To buy Sichuan New Energy 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Sichuan New Energy 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.