Xinjiang Daqo New Energy Co.,Ltd. engages in the research, development, production, and sale of polysilicon materials for the solar photovoltaic industry. It offers P-type single crystal coral and crystal dense aniseed materials, and P-type single crystal compound feeding materials; and polycrystalline loose bars, dense blocks, and loose bulk materials. The company was founded in 2011 and is based in Shihezi, China. Xinjiang Daqo New Energy Co.,Ltd. is a subsidiary of Daqo New Energy Corp.
Xinjiang Daqo New Energy Dividend Announcement
• Xinjiang Daqo New Energy announced a annually dividend of ¥0.42 per ordinary share which will be made payable on 2024-06-06. Ex dividend date: 2024-06-06 • Xinjiang Daqo New Energy annual dividend for 2024 was ¥0.42 • Xinjiang Daqo New Energy annual dividend for 2023 was ¥3.60 • Xinjiang Daqo New Energy's trailing twelve-month (TTM) dividend yield is 1.58% • Xinjiang Daqo New Energy's payout ratio for the trailing twelve months (TTM) is -1903.04%
Xinjiang Daqo New Energy current trailing twelve-month (TTM) dividend yield is 1.58%. Interested in purchasing Xinjiang Daqo New Energy stock? Use our calculator to estimate your expected dividend yield:
Xinjiang Daqo New Energy Financial Ratios
P/E ratio-131.79
PEG ratio-1.25
P/B ratio1.42
ROE-1.05%
Payout ratio-1903.04%
Current ratio4.09
Quick ratio3.74
Cash Ratio0.83
Xinjiang Daqo New Energy Dividend FAQ
How much is the next Xinjiang Daqo New Energy dividend?
Xinjiang Daqo New Energy's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Xinjiang Daqo New Energy dividend. The next Xinjiang Daqo New Energy dividend will be released in April.
When is Xinjiang Daqo New Energy dividend paid?
Xinjiang Daqo New Energy pays dividends on a annually basis. The specific dates may vary each year but are generally around April. 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 Xinjiang Daqo New Energy pay?
The specific amount of Xinjiang Daqo New Energy 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 Xinjiang Daqo New Energy's dividend history.
Does Xinjiang Daqo New Energy stock pay dividends?
Yes, Xinjiang Daqo New Energy 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 Xinjiang Daqo New Energy's dividend history.
How much dividend does Xinjiang Daqo New Energy pay?
Xinjiang Daqo New Energy paid ¥0.418 in 2024, ¥3.6 in 2023, ¥0.6 in 2022, ¥0.0 in 2021, and ¥0.0 in 2020.
How often does Xinjiang Daqo New Energy pay dividends?
Xinjiang Daqo New Energy typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around April.
What is Xinjiang Daqo New Energy's dividend yield?
The current dividend yield for Xinjiang Daqo New Energy is 1.58%. 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 Xinjiang Daqo New Energy's exact dividend yield.
When does Xinjiang Daqo New Energy go ex dividend?
Xinjiang Daqo New Energy's ex-dividend date for the latest dividend was on 2024-06-06. Xinjiang Daqo New Energy 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 Xinjiang Daqo New Energy dividend paid?
Xinjiang Daqo New Energy pays dividends on a annually basis, typically around April, but the exact dates can vary each year.
Will Xinjiang Daqo New Energy 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 Xinjiang Daqo New Energy 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 Xinjiang Daqo New Energy dividend per share?
Xinjiang Daqo New Energy paid ¥0.418 per share in 2024 and ¥3.6 per share in 2023. The amount of dividend per share that Xinjiang Daqo New Energy 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 Xinjiang Daqo New Energy 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 Xinjiang Daqo New Energy 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 Xinjiang Daqo New Energy a dividend stock?
Yes, Xinjiang Daqo New Energy is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Xinjiang Daqo New Energy a good dividend stock?
Whether Xinjiang Daqo New Energy is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Xinjiang Daqo New Energy has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Xinjiang Daqo New Energy 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 Xinjiang Daqo New Energy pay dividends monthly?
Xinjiang Daqo New Energy typically pays dividends on a annually basis.
Does Xinjiang Daqo New Energy pay dividends quarterly?
Xinjiang Daqo New Energy currently pays dividends on a annually basis.
Has Xinjiang Daqo New Energy ever paid a dividend?
Yes, Xinjiang Daqo New Energy has a history of paying dividends to its shareholders. Xinjiang Daqo New Energy is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Xinjiang Daqo New Energy dividend stocks?
To buy Xinjiang Daqo New Energy 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 Xinjiang Daqo New Energy 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 Xinjiang Daqo New Energy pay dividends 2024?
Xinjiang Daqo New Energy pays dividends on a annually basis. 2024 dividend payments are in 2024-06-06. 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 Xinjiang Daqo New Energy increase its dividend in 2024?
Decisions regarding Xinjiang Daqo New Energy 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 Xinjiang Daqo New Energy dividend overview you can look into the above table of dividend history.
How Xinjiang Daqo New Energy dividend works?
The Xinjiang Daqo New Energy 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 Xinjiang Daqo New Energy's dividend process works:
1. Determination of Dividend: Xinjiang Daqo New Energy'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, Xinjiang Daqo New Energy 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, Xinjiang Daqo New Energy 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 Xinjiang Daqo New Energy 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 Xinjiang Daqo New Energy dividends paid?
Xinjiang Daqo New Energy dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Xinjiang Daqo New Energy 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, Xinjiang Daqo New Energy distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Xinjiang Daqo New Energy 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 Xinjiang Daqo New Energy pay dividends?
Xinjiang Daqo New Energy typically pays dividends on a 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 Xinjiang Daqo New Energy pay dividends?
The general pattern is that Xinjiang Daqo New Energy pays dividends around April. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Xinjiang Daqo New Energy dividend safe?
The safety of Xinjiang Daqo New Energy'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 Xinjiang Daqo New Energy'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 Xinjiang Daqo New Energy'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.