Top Resource Conservation & Environment Corp. engages in the natural gas supply and pipeline operations, gas installation, and sale of gas appliances. It is also involved in gas, water, and energy conservation and environmental protection businesses; the provision of water treatment engineering services; and the research and development, production, and sale membrane products. In addition, the company also engages in waste heat power generation energy saving, clean energy, flue gas treatment investment, and engineering activities. Further, it involved in the research, development, designing, engineering, investment, and operation management of waste heat power generation projects, as well as sale of electricity. The company was formerly known as Top Resource Conservation Engineering Co., Ltd. and changed its name to Top Resource Conservation & Environment Corp. Top Resource Conservation & Environment Corp. was founded in 2007 and is based in Beijing, China.
Top Resource Conservation & Environment Dividend Announcement
• Top Resource Conservation & Environment announced a annually dividend of ¥0.06 per ordinary share which will be made payable on 2024-07-01. Ex dividend date: 2024-07-01
• Top Resource Conservation & Environment annual dividend for 2024 was ¥0.06
• Top Resource Conservation & Environment annual dividend for 2023 was ¥0.08
• Top Resource Conservation & Environment's trailing twelve-month (TTM) dividend yield is 1.0%
• Top Resource Conservation & Environment's payout ratio for the trailing twelve months (TTM) is 219.90%
• Top Resource Conservation & Environment's dividend growth over the last five years (2018-2023) was 32.00% year
• Top Resource Conservation & Environment's dividend growth over the last ten years (2013-2023) was 3.54% year
Top Resource Conservation & Environment Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-01 | ¥0.06 | annually | 2024-07-01 |
2023-07-06 | ¥0.08 | annually | 2023-07-06 |
2022-06-02 | ¥0.05 | annually | 2022-06-02 |
2021-07-12 | ¥0.01 | annually | 2021-07-12 |
2020-07-24 | ¥0.01 | annually | 2020-07-24 |
2019-07-30 | ¥0.02 | annually | 2019-07-30 |
2018-07-10 | ¥0.02 | annually | 2018-07-10 |
2017-06-27 | ¥0.01 | annually | 2017-06-27 |
2016-05-26 | ¥0.08 | annually | |
2015-05-06 | ¥0.10 | annually | |
2014-06-05 | ¥0.08 | annually | |
2013-07-08 | ¥0.06 | annually |
Top Resource Conservation & Environment Dividend per year
Top Resource Conservation & Environment Dividend growth
Top Resource Conservation & Environment Dividend Yield
Top Resource Conservation & Environment current trailing twelve-month (TTM) dividend yield is 1.0%. Interested in purchasing Top Resource Conservation & Environment stock? Use our calculator to estimate your expected dividend yield:
Top Resource Conservation & Environment Financial Ratios
Top Resource Conservation & Environment Dividend FAQ
Other factors to consider when evaluating Top Resource Conservation & Environment 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: Top Resource Conservation & Environment'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, Top Resource Conservation & Environment 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, Top Resource Conservation & Environment 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 Top Resource Conservation & Environment 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: Top Resource Conservation & Environment 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, Top Resource Conservation & Environment distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Top Resource Conservation & Environment 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 Top Resource Conservation & Environment'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 Top Resource Conservation & Environment'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.