State Grid Information & Communication Co., Ltd. engages in information and communication business with focus on energy sector enterprises. It provides cloud network infrastructure, cloud platforms, cloud applications, and cloud network integration services to help the construction of energy Internet and digital transformation of enterprises. The company's cloud network infrastructure business provides basic support for cloud platforms and cloud applications, including server, storage, network equipment, and other cloud network infrastructure. It focuses on value-added telecommunications operations, communications network construction, and cloud infrastructure construction. Its cloud platform business offers basic platform for the integration of the cloud and the network. It provides enterprises with the design, development, and integration of cloud platform products, including cloud operating systems, cloud service center, distributed service bus, cloud platform components, etc., as well as solutions for enterprise-level cloud for customers' specific application needs. The company's cloud application business develops and deploys application software based on cloud network infrastructure and cloud platform. It provides customized design, development, and application promotion of cloud application software for enterprises, including power marketing, ERP, enterprise portal, and energy trading. Its enterprise operation support services business provides operation support services in network infrastructure, cloud platform, and cloud application. It offers operation and maintenance consulting, system optimization, and operation and maintenance services for user information and communication infrastructure, software platforms, and applications; and enterprise operation visualization services. The company serves water, gas and heat, and public utilities, as well as electricity sales companies and energy service companies. The company is headquartered in Chengdu, China.
State Grid Information & Communication Dividend Announcement
• State Grid Information & Communication announced a annually dividend of ¥0.21 per ordinary share which will be made payable on 2024-08-07. Ex dividend date: 2024-08-07
• State Grid Information & Communication annual dividend for 2024 was ¥0.21
• State Grid Information & Communication annual dividend for 2023 was ¥0.20
• State Grid Information & Communication's trailing twelve-month (TTM) dividend yield is 1.0%
• State Grid Information & Communication's payout ratio for the trailing twelve months (TTM) is 62.74%
• State Grid Information & Communication's dividend growth over the last five years (2018-2023) was 31.95% year
State Grid Information & Communication Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-07 | ¥0.21 | annually | 2024-08-07 |
2023-07-20 | ¥0.20 | annually | 2023-07-20 |
2022-07-14 | ¥0.17 | annually | 2022-07-14 |
2021-07-29 | ¥0.15 | annually | 2021-07-29 |
2020-08-07 | ¥0.12 | annually | 2020-08-07 |
2019-06-14 | ¥0.05 | annually | 2019-06-14 |
2018-06-13 | ¥0.05 | annually | 2018-06-13 |
2017-06-20 | ¥0.05 | annually | 2017-06-20 |
2016-06-16 | ¥0.05 | annually | |
2015-06-16 | ¥0.05 | annually | |
2013-07-16 | ¥0.05 | annually | |
2008-06-06 | ¥0.14 | annually |
State Grid Information & Communication Dividend per year
State Grid Information & Communication Dividend growth
State Grid Information & Communication Dividend Yield
State Grid Information & Communication current trailing twelve-month (TTM) dividend yield is 1.0%. Interested in purchasing State Grid Information & Communication stock? Use our calculator to estimate your expected dividend yield:
State Grid Information & Communication Financial Ratios
State Grid Information & Communication Dividend FAQ
Other factors to consider when evaluating State Grid Information & Communication 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: State Grid Information & Communication'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, State Grid Information & Communication 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, State Grid Information & Communication 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 State Grid Information & Communication 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: State Grid Information & Communication 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, State Grid Information & Communication distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: State Grid Information & Communication 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 State Grid Information & Communication'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 State Grid Information & Communication'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.