Wangneng Environment Co., Ltd. provides solid waste solutions in China. It invests in, constructs, and operates waste incineration power generation plant, solid waste, kitchen waste and sludge treatment, and other environmental industry projects. The company was formerly known as Zhejiang Mizuda printing&dyeing group co.,Ltd and changed its name to Wangneng Environment Co., Ltd. in January 2018. Wangneng Environment Co., Ltd. was founded in 1993 and is headquartered in Huzhou, China.
Wangneng Environment Dividend Announcement
• Wangneng Environment announced a semi annually dividend of ¥0.20 per ordinary share which will be made payable on 2024-10-11. Ex dividend date: 2024-10-11
• Wangneng Environment annual dividend for 2024 was ¥0.50
• Wangneng Environment annual dividend for 2023 was ¥0.70
• Wangneng Environment's trailing twelve-month (TTM) dividend yield is 4.65%
• Wangneng Environment's payout ratio for the trailing twelve months (TTM) is 84.81%
• Wangneng Environment's dividend growth over the last five years (2018-2023) was 22.87% year
Wangneng Environment Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-11 | ¥0.20 | semi annually | 2024-10-11 |
2024-06-06 | ¥0.30 | semi annually | 2024-06-06 |
2023-11-23 | ¥0.20 | semi annually | 2023-11-23 |
2023-06-01 | ¥0.50 | semi annually | 2023-06-01 |
2022-05-31 | ¥0.30 | semi annually | 2022-05-31 |
2021-05-31 | ¥0.50 | semi annually | 2021-05-31 |
2020-06-05 | ¥0.10 | semi annually | 2020-06-05 |
2019-05-28 | ¥0.10 | semi annually | 2019-05-28 |
2018-06-04 | ¥0.25 | semi annually | 2018-06-04 |
2016-09-02 | ¥0.50 | semi annually | |
2014-09-12 | ¥0.40 | semi annually | |
2014-06-17 | ¥0.30 | semi annually | |
2013-06-27 | ¥0.29 | semi annually | |
2012-06-28 | ¥0.30 | semi annually | |
2007-06-27 | ¥0.20 | semi annually |
Wangneng Environment Dividend per year
Wangneng Environment Dividend growth
Wangneng Environment Dividend Yield
Wangneng Environment current trailing twelve-month (TTM) dividend yield is 4.65%. Interested in purchasing Wangneng Environment stock? Use our calculator to estimate your expected dividend yield:
Wangneng Environment Financial Ratios
Wangneng Environment Dividend FAQ
Other factors to consider when evaluating Wangneng 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: Wangneng 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, Wangneng 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, Wangneng 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 Wangneng 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: Wangneng 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, Wangneng 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: Wangneng 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 Wangneng 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 Wangneng 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.