State Grid Yingda Co.,Ltd. engages in the electrical, trust, securities, futures, and carbon asset businesses in China. It offers electrical distribution transformers, amorphous iron cores, integrated substations, primary and secondary deep integration equipment, C-GIS, gas inflatable cabinets, lightning arresters, AC and DC series bushings, nano aluminum alloy fittings, and insulators; lightning monitoring and early warning technology, testing and metering, online monitoring and status detection, and power operation and maintenance products, as well as engineering services. The company also provides operation and maintenance services for power grids and low-carbon energy-saving solutions; and high-voltage testing and integrated energy services, as well as constructs power transmission and distribution network projects. In addition, it is involved in the trust activities; securities business, such as securities brokerage and credit, investment banking, securities investment, fixed income, asset management, and futures services; factoring activities for small, medium, and micro-enterprises; and carbon audit, carbon asset development, carbon trading, carbon finance, low-carbon and carbon market-related research topics, and green supply chain management activities. The company was formerly known as Shanghai Zhixin Electric Co., Ltd. and changed its name to State Grid Yingda Co.,Ltd. in April 2020. The company was founded in 1997 and is based in Beijing, China. State Grid Yingda Co.,Ltd. is a subsidiary of State Grid Yingda International Holdings Group Co., Ltd.
State Grid Yingda Dividend Announcement
• State Grid Yingda announced a semi annually dividend of ¥0.03 per ordinary share which will be made payable on 2024-11-12. Ex dividend date: 2024-11-12
• State Grid Yingda annual dividend for 2024 was ¥0.10
• State Grid Yingda annual dividend for 2023 was ¥0.06
• State Grid Yingda's trailing twelve-month (TTM) dividend yield is 1.88%
• State Grid Yingda's payout ratio for the trailing twelve months (TTM) is 45.40%
State Grid Yingda Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-12 | ¥0.03 | semi annually | 2024-11-12 |
2024-07-17 | ¥0.07 | semi annually | 2024-07-17 |
2023-06-30 | ¥0.06 | semi annually | 2023-06-30 |
2022-06-16 | ¥0.07 | semi annually | 2022-06-16 |
2021-06-18 | ¥0.06 | semi annually | 2021-06-18 |
2018-06-29 | ¥0.10 | semi annually | 2018-06-29 |
2017-06-29 | ¥0.15 | semi annually | 2017-06-29 |
2016-06-23 | ¥0.10 | semi annually | |
2015-07-06 | ¥0.10 | semi annually | |
2014-06-26 | ¥0.15 | semi annually | |
2013-05-27 | ¥0.15 | semi annually | |
2012-04-19 | ¥0.40 | semi annually | |
2011-06-14 | ¥0.40 | semi annually |
State Grid Yingda Dividend per year
State Grid Yingda Dividend growth
State Grid Yingda Dividend Yield
State Grid Yingda current trailing twelve-month (TTM) dividend yield is 1.88%. Interested in purchasing State Grid Yingda stock? Use our calculator to estimate your expected dividend yield:
State Grid Yingda Financial Ratios
State Grid Yingda Dividend FAQ
Other factors to consider when evaluating State Grid Yingda 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 Yingda'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 Yingda 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 Yingda 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 Yingda 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 Yingda 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 Yingda 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 Yingda 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 Yingda'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 Yingda'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.