Xi'an Shaangu Power Co., Ltd. provides systematic solutions and services in the People's Republic of China. The company provides energy conversion equipment, including blast furnace top gas energy recovery power generation plants, steam turbines, blast furnace energy recovery machine trains, nitric acid machine trains, air separation units, train sinter blowers, and ventilators, as well as centrifugal, axial, and high pressure centrifugal compressors. It also offers energy conversion system services, such as packaged engineering; systematic service for turbo machinery; after service and information management system services; professional maintenance and upgrading services for machine trains; and repair, maintenance, revamp, upgradation, installation, technical assistance, and spare parts for rotating machines. In addition, the company provides automation products, including intelligent transmitters, intelligent actuators, temperature gauges, pressure gauges, and elastic elements; and financing services comprising mortgage, equity guarantee, credit guarantee, advance payment, receivables factoring, financing and leasing, and bank payment guarantee services. Further, it offers energy saving and environmental protection services, such as sewage treatment and resource regeneration, project consultation, technical research and development, engineering design, factory construction, operation, and management services. Additionally, the company engages in the industrial and urban infrastructure; and real estate development and leasing activities. Its products are primarily used in metallurgy, power station, air separation, sewage treatment, petro-chemical, natural gas field, civil construction, environmental protection, national defense, pharmaceutical, and other applications. The company was founded in 1999 and is based in Xi'an, the People's Republic of China. Xi'an Shaangu Power Co., Ltd. operates as a subsidiary of Shaanxi Blower (Group) Co., Ltd.
Xi'an Shaangu Power Dividend Announcement
• Xi'an Shaangu Power announced a semi annually dividend of ¥0.18 per ordinary share which will be made payable on 2024-10-11. Ex dividend date: 2024-10-11
• Xi'an Shaangu Power annual dividend for 2024 was ¥0.57
• Xi'an Shaangu Power annual dividend for 2023 was ¥0.35
• Xi'an Shaangu Power's trailing twelve-month (TTM) dividend yield is 6.46%
• Xi'an Shaangu Power's payout ratio for the trailing twelve months (TTM) is 140.96%
• Xi'an Shaangu Power's dividend growth over the last five years (2018-2023) was 17.69% year
Xi'an Shaangu Power Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-10-11 | ¥0.18 | semi annually | 2024-10-11 |
| 2024-06-06 | ¥0.39 | semi annually | 2024-06-06 |
| 2023-06-16 | ¥0.35 | semi annually | 2023-06-16 |
| 2022-06-16 | ¥0.31 | semi annually | 2022-06-16 |
| 2021-06-10 | ¥0.28 | semi annually | 2021-06-10 |
| 2020-05-29 | ¥0.23 | semi annually | 2020-05-29 |
| 2019-07-03 | ¥0.20 | semi annually | 2019-07-03 |
| 2018-06-26 | ¥0.15 | semi annually | 2018-06-26 |
| 2017-06-09 | ¥0.15 | semi annually | 2017-06-09 |
| 2016-06-07 | ¥0.20 | semi annually | |
| 2015-04-30 | ¥0.25 | semi annually | |
| 2014-04-25 | ¥0.35 | semi annually | |
| 2013-04-22 | ¥0.35 | semi annually |
Xi'an Shaangu Power Dividend per year
Xi'an Shaangu Power Dividend growth
Xi'an Shaangu Power Dividend Yield
Xi'an Shaangu Power current trailing twelve-month (TTM) dividend yield is 6.46%. Interested in purchasing Xi'an Shaangu Power stock? Use our calculator to estimate your expected dividend yield:
Xi'an Shaangu Power Financial Ratios
P/E ratio15.85
PEG ratio1.40
P/B ratio1.79
ROE11.04%
Payout ratio140.96%
Current ratio1.36
Quick ratio1.24
Cash Ratio0.72
Xi'an Shaangu Power Dividend FAQ
How much is the next Xi'an Shaangu Power dividend?
Xi'an Shaangu Power's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Xi'an Shaangu Power dividend. The next Xi'an Shaangu Power dividend will be released in June.
When is Xi'an Shaangu Power dividend paid?
Xi'an Shaangu Power pays dividends on a semi 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 Xi'an Shaangu Power pay?
The specific amount of Xi'an Shaangu Power 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 Xi'an Shaangu Power's dividend history.
Does Xi'an Shaangu Power stock pay dividends?
Yes, Xi'an Shaangu Power 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 Xi'an Shaangu Power's dividend history.
How much dividend does Xi'an Shaangu Power pay?
Xi'an Shaangu Power paid ¥0.57 in 2024, ¥0.35 in 2023, ¥0.31 in 2022, ¥0.28 in 2021, and ¥0.23 in 2020.
How often does Xi'an Shaangu Power pay dividends?
Xi'an Shaangu Power typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around June.
What is Xi'an Shaangu Power's dividend yield?
The current dividend yield for Xi'an Shaangu Power is 6.46%. 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 Xi'an Shaangu Power's exact dividend yield.
When does Xi'an Shaangu Power go ex dividend?
Xi'an Shaangu Power's ex-dividend date for the latest dividend was on 2024-10-11. Xi'an Shaangu Power 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 Xi'an Shaangu Power dividend paid?
Xi'an Shaangu Power pays dividends on a semi annually basis, typically around June, but the exact dates can vary each year.
Will Xi'an Shaangu Power 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 Xi'an Shaangu Power 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 Xi'an Shaangu Power dividend per share?
Xi'an Shaangu Power paid ¥0.57 per share in 2024 and ¥0.35 per share in 2023. The amount of dividend per share that Xi'an Shaangu Power 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 Xi'an Shaangu Power 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 Xi'an Shaangu Power 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 Xi'an Shaangu Power a dividend stock?
Yes, Xi'an Shaangu Power is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Xi'an Shaangu Power a good dividend stock?
Whether Xi'an Shaangu Power is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Xi'an Shaangu Power has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Xi'an Shaangu Power 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.
Other factors to consider when evaluating Xi'an Shaangu Power 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 Xi'an Shaangu Power pay dividends monthly?
Xi'an Shaangu Power typically pays dividends on a semi annually basis.
Does Xi'an Shaangu Power pay dividends quarterly?
Xi'an Shaangu Power currently pays dividends on a semi annually basis.
Has Xi'an Shaangu Power ever paid a dividend?
Yes, Xi'an Shaangu Power has a history of paying dividends to its shareholders. Xi'an Shaangu Power is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Xi'an Shaangu Power dividend stocks?
To buy Xi'an Shaangu Power 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 Xi'an Shaangu Power 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.
Place an order: Use the brokerage's trading platform to place an order to buy Xi'an Shaangu Power 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 Xi'an Shaangu Power pay dividends 2024?
Xi'an Shaangu Power pays dividends on a semi annually basis. 2024 dividend payments are in 2024-10-11. 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 Xi'an Shaangu Power increase its dividend in 2024?
Decisions regarding Xi'an Shaangu Power 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 Xi'an Shaangu Power dividend overview you can look into the above table of dividend history.
How Xi'an Shaangu Power dividend works?
The Xi'an Shaangu Power 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 Xi'an Shaangu Power's dividend process works:
1. Determination of Dividend: Xi'an Shaangu Power'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, Xi'an Shaangu Power 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, Xi'an Shaangu Power 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 Xi'an Shaangu Power 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. Determination of Dividend: Xi'an Shaangu Power'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, Xi'an Shaangu Power 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, Xi'an Shaangu Power 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 Xi'an Shaangu Power 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 Xi'an Shaangu Power dividends paid?
Xi'an Shaangu Power dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Xi'an Shaangu Power 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, Xi'an Shaangu Power distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Xi'an Shaangu Power 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.
1. Record Date: Xi'an Shaangu Power 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, Xi'an Shaangu Power distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Xi'an Shaangu Power 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 Xi'an Shaangu Power pay dividends?
Xi'an Shaangu Power typically pays dividends on a semi 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 Xi'an Shaangu Power pay dividends?
The general pattern is that Xi'an Shaangu Power 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 Xi'an Shaangu Power dividend safe?
The safety of Xi'an Shaangu Power'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 Xi'an Shaangu Power'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 Xi'an Shaangu Power'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.
To assess the safety of Xi'an Shaangu Power'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 Xi'an Shaangu Power'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.