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Xinjiang East Universe Gas Co.Ltd. engages in the natural gas sales, natural gas facility equipment installation, and natural gas heating business. The company was founded in 2001 and is based in Changji, China.

Xinjiang East Universe Gas Dividend Announcement

Xinjiang East Universe Gas announced a annually dividend of ¥0.90 per ordinary share which will be made payable on 2024-06-07. Ex dividend date: 2024-06-07
Xinjiang East Universe Gas annual dividend for 2024 was ¥0.90
Xinjiang East Universe Gas annual dividend for 2023 was ¥0.70
Xinjiang East Universe Gas's trailing twelve-month (TTM) dividend yield is 5.59%
Xinjiang East Universe Gas's payout ratio for the trailing twelve months (TTM) is 145.76%

Xinjiang East Universe Gas Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-07¥0.90annually2024-06-07
2023-05-31¥0.70annually2023-05-31
2022-07-20¥0.80annually2022-07-20
2021-06-24¥0.60annually2021-06-24
2020-06-30¥0.45annually2020-06-30
2019-06-21¥0.35annually2019-06-21

Xinjiang East Universe Gas Dividend per year

Xinjiang East Universe Gas Dividend growth

Xinjiang East Universe Gas Dividend Yield

Xinjiang East Universe Gas current trailing twelve-month (TTM) dividend yield is 5.59%. Interested in purchasing Xinjiang East Universe Gas stock? Use our calculator to estimate your expected dividend yield:

Xinjiang East Universe Gas Financial Ratios

P/E ratio14.19
PEG ratio2.28
P/B ratio1.91
ROE13.18%
Payout ratio145.76%
Current ratio1.87
Quick ratio1.52
Cash Ratio0.22

Xinjiang East Universe Gas Dividend FAQ

How much is the next Xinjiang East Universe Gas dividend?
Xinjiang East Universe Gas'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 East Universe Gas dividend. The next Xinjiang East Universe Gas dividend will be released in May.
When is Xinjiang East Universe Gas dividend paid?
Xinjiang East Universe Gas pays dividends on a annually basis. The specific dates may vary each year but are generally around May. 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 East Universe Gas pay?
The specific amount of Xinjiang East Universe Gas 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 East Universe Gas's dividend history.
Does Xinjiang East Universe Gas stock pay dividends?
Yes, Xinjiang East Universe Gas 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 East Universe Gas's dividend history.
How much dividend does Xinjiang East Universe Gas pay?
Xinjiang East Universe Gas paid ¥0.9 in 2024, ¥0.7 in 2023, ¥0.8 in 2022, ¥0.6 in 2021, and ¥0.45 in 2020.
How often does Xinjiang East Universe Gas pay dividends?
Xinjiang East Universe Gas 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 May.
What is Xinjiang East Universe Gas's dividend yield?
The current dividend yield for Xinjiang East Universe Gas is 5.59%. 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 East Universe Gas's exact dividend yield.
When does Xinjiang East Universe Gas go ex dividend?
Xinjiang East Universe Gas's ex-dividend date for the latest dividend was on 2024-06-07. Xinjiang East Universe Gas 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 East Universe Gas dividend paid?
Xinjiang East Universe Gas pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will Xinjiang East Universe Gas 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 East Universe Gas 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 East Universe Gas dividend per share?
Xinjiang East Universe Gas paid ¥0.9 per share in 2024 and ¥0.7 per share in 2023. The amount of dividend per share that Xinjiang East Universe Gas 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 East Universe Gas 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 East Universe Gas 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 East Universe Gas a dividend stock?
Yes, Xinjiang East Universe Gas is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Xinjiang East Universe Gas a good dividend stock?
Whether Xinjiang East Universe Gas 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 East Universe Gas has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Xinjiang East Universe Gas 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 East Universe Gas pay dividends monthly?
Xinjiang East Universe Gas typically pays dividends on a annually basis.
Does Xinjiang East Universe Gas pay dividends quarterly?
Xinjiang East Universe Gas currently pays dividends on a annually basis.
Has Xinjiang East Universe Gas ever paid a dividend?
Yes, Xinjiang East Universe Gas has a history of paying dividends to its shareholders. Xinjiang East Universe Gas is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Xinjiang East Universe Gas dividend stocks?
To buy Xinjiang East Universe Gas 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 East Universe Gas 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 East Universe Gas pay dividends 2024?
Xinjiang East Universe Gas pays dividends on a annually basis. 2024 dividend payments are in 2024-06-07. 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 East Universe Gas increase its dividend in 2024?
Decisions regarding Xinjiang East Universe Gas 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 East Universe Gas dividend overview you can look into the above table of dividend history.
How Xinjiang East Universe Gas dividend works?
The Xinjiang East Universe Gas 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 East Universe Gas's dividend process works:

1. Determination of Dividend: Xinjiang East Universe Gas'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 East Universe Gas 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 East Universe Gas 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 East Universe Gas 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 East Universe Gas dividends paid?
Xinjiang East Universe Gas dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Xinjiang East Universe Gas 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 East Universe Gas 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 East Universe Gas 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 East Universe Gas pay dividends?
Xinjiang East Universe Gas 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 East Universe Gas pay dividends?
The general pattern is that Xinjiang East Universe Gas pays dividends around May. 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 East Universe Gas dividend safe?
The safety of Xinjiang East Universe Gas'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 East Universe Gas'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 East Universe Gas'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.