Sinoma Energy Conservation Ltd. provides various products and services in the field of energy-saving and environmental protection in China and internationally. The company offers energy conservation and environmental protection engineering, industrial energy-saving engineering, clean energy engineering, and environmental protection engineering services; and building energy-saving materials. It also researches and manufactures waste and biomass boilers, thermal equipment, and calcium silicate boards. The company was founded in 1998 and is based in Tianjin, China. Sinoma Energy Conservation Ltd. is a subsidiary of China National Materials Group Co., Ltd.
Sinoma Energy Conservation Dividend Announcement
• Sinoma Energy Conservation announced a annually dividend of ¥0.08 per ordinary share which will be made payable on 2024-06-28. Ex dividend date: 2024-06-28 • Sinoma Energy Conservation annual dividend for 2024 was ¥0.08 • Sinoma Energy Conservation annual dividend for 2023 was ¥0.09 • Sinoma Energy Conservation's trailing twelve-month (TTM) dividend yield is 1.39% • Sinoma Energy Conservation's payout ratio for the trailing twelve months (TTM) is 149.62% • Sinoma Energy Conservation's dividend growth over the last five years (2018-2023) was 5.15% year
Sinoma Energy Conservation current trailing twelve-month (TTM) dividend yield is 1.39%. Interested in purchasing Sinoma Energy Conservation stock? Use our calculator to estimate your expected dividend yield:
Sinoma Energy Conservation Financial Ratios
P/E ratio49.74
PEG ratio-10.41
P/B ratio1.76
ROE3.50%
Payout ratio149.62%
Current ratio1.60
Quick ratio1.45
Cash Ratio0.31
Sinoma Energy Conservation Dividend FAQ
How much is the next Sinoma Energy Conservation dividend?
Sinoma Energy Conservation's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Sinoma Energy Conservation dividend. The next Sinoma Energy Conservation dividend will be released in June.
When is Sinoma Energy Conservation dividend paid?
Sinoma Energy Conservation pays dividends on a annually basis. The specific dates may vary each year but are generally around June. 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 Sinoma Energy Conservation pay?
The specific amount of Sinoma Energy Conservation 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 Sinoma Energy Conservation's dividend history.
Does Sinoma Energy Conservation stock pay dividends?
Yes, Sinoma Energy Conservation 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 Sinoma Energy Conservation's dividend history.
How much dividend does Sinoma Energy Conservation pay?
Sinoma Energy Conservation paid ¥0.083 in 2024, ¥0.09 in 2023, ¥0.085 in 2022, ¥0.08 in 2021, and ¥0.07 in 2020.
How often does Sinoma Energy Conservation pay dividends?
Sinoma Energy Conservation 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 June.
What is Sinoma Energy Conservation's dividend yield?
The current dividend yield for Sinoma Energy Conservation is 1.39%. 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 Sinoma Energy Conservation's exact dividend yield.
When does Sinoma Energy Conservation go ex dividend?
Sinoma Energy Conservation's ex-dividend date for the latest dividend was on 2024-06-28. Sinoma Energy Conservation 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 Sinoma Energy Conservation dividend paid?
Sinoma Energy Conservation pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Sinoma Energy Conservation 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 Sinoma Energy Conservation 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 Sinoma Energy Conservation dividend per share?
Sinoma Energy Conservation paid ¥0.083 per share in 2024 and ¥0.09 per share in 2023. The amount of dividend per share that Sinoma Energy Conservation 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 Sinoma Energy Conservation 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 Sinoma Energy Conservation 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 Sinoma Energy Conservation a dividend stock?
Yes, Sinoma Energy Conservation is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Sinoma Energy Conservation a good dividend stock?
Whether Sinoma Energy Conservation is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Sinoma Energy Conservation has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Sinoma Energy Conservation 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 Sinoma Energy Conservation pay dividends monthly?
Sinoma Energy Conservation typically pays dividends on a annually basis.
Does Sinoma Energy Conservation pay dividends quarterly?
Sinoma Energy Conservation currently pays dividends on a annually basis.
Has Sinoma Energy Conservation ever paid a dividend?
Yes, Sinoma Energy Conservation has a history of paying dividends to its shareholders. Sinoma Energy Conservation is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Sinoma Energy Conservation dividend stocks?
To buy Sinoma Energy Conservation 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 Sinoma Energy Conservation 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 Sinoma Energy Conservation pay dividends 2024?
Sinoma Energy Conservation pays dividends on a annually basis. 2024 dividend payments are in 2024-06-28. 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 Sinoma Energy Conservation increase its dividend in 2024?
Decisions regarding Sinoma Energy Conservation 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 Sinoma Energy Conservation dividend overview you can look into the above table of dividend history.
How Sinoma Energy Conservation dividend works?
The Sinoma Energy Conservation 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 Sinoma Energy Conservation's dividend process works:
1. Determination of Dividend: Sinoma Energy Conservation'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, Sinoma Energy Conservation 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, Sinoma Energy Conservation 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 Sinoma Energy Conservation 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 Sinoma Energy Conservation dividends paid?
Sinoma Energy Conservation dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Sinoma Energy Conservation 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, Sinoma Energy Conservation distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sinoma Energy Conservation 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 Sinoma Energy Conservation pay dividends?
Sinoma Energy Conservation 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 Sinoma Energy Conservation pay dividends?
The general pattern is that Sinoma Energy Conservation pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Sinoma Energy Conservation dividend safe?
The safety of Sinoma Energy Conservation'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 Sinoma Energy Conservation'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 Sinoma Energy Conservation'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.