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 1.37%
• Sichuan New Energy Power's payout ratio for the trailing twelve months (TTM) is 35.46%
Sichuan New Energy Power Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-14 | ¥0.16 | annually | 2024-10-14 |
2010-05-25 | ¥0.05 | annually | |
2009-04-22 | ¥0.12 | annually | |
2008-05-28 | ¥0.13 | annually | |
2007-07-05 | ¥0.25 | annually | |
2006-03-06 | ¥0.15 | annually | |
2005-06-30 | ¥0.08 | annually | |
2004-04-30 | ¥0.09 | annually | |
2003-04-01 | ¥0.08 | annually | |
2002-06-07 | ¥0.06 | annually |
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 1.37%. Interested in purchasing Sichuan New Energy Power stock? Use our calculator to estimate your expected dividend yield:
Sichuan New Energy Power Financial Ratios
Sichuan New Energy Power Dividend FAQ
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.
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