Xinjiang Xintai Natural Gas Co., Ltd. engages in the transmission, distribution, and sale of natural gas. It is also involved in home installation and coal-bed methane mining businesses. The company was formerly known as Xinjiang Xintai Investment (Group) Co., Ltd. and changed its name to Xinjiang Xintai Natural Gas Co., Ltd. in December 2012. Xinjiang Xintai Natural Gas Co., Ltd. was founded in 2000 and is based in Urumqi, China.
Xinjiang Xintai Natural Gas Dividend Announcement
• Xinjiang Xintai Natural Gas announced a annually dividend of ¥0.90 per ordinary share which will be made payable on 2024-07-11. Ex dividend date: 2024-07-11 • Xinjiang Xintai Natural Gas annual dividend for 2024 was ¥0.90 • Xinjiang Xintai Natural Gas annual dividend for 2023 was ¥0.60 • Xinjiang Xintai Natural Gas's trailing twelve-month (TTM) dividend yield is 2.92% • Xinjiang Xintai Natural Gas's payout ratio for the trailing twelve months (TTM) is 59.21% • Xinjiang Xintai Natural Gas's dividend growth over the last five years (2018-2023) was -9.71% year
Xinjiang Xintai Natural Gas current trailing twelve-month (TTM) dividend yield is 2.92%. Interested in purchasing Xinjiang Xintai Natural Gas stock? Use our calculator to estimate your expected dividend yield:
Xinjiang Xintai Natural Gas Financial Ratios
P/E ratio10.59
PEG ratio0.25
P/B ratio1.69
ROE16.50%
Payout ratio59.21%
Current ratio1.60
Quick ratio1.59
Cash Ratio0.92
Xinjiang Xintai Natural Gas Dividend FAQ
How much is the next Xinjiang Xintai Natural Gas dividend?
Xinjiang Xintai Natural 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 Xintai Natural Gas dividend. The next Xinjiang Xintai Natural Gas dividend will be released in June.
When is Xinjiang Xintai Natural Gas dividend paid?
Xinjiang Xintai Natural Gas pays dividends on a 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 Xinjiang Xintai Natural Gas pay?
The specific amount of Xinjiang Xintai Natural 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 Xintai Natural Gas's dividend history.
Does Xinjiang Xintai Natural Gas stock pay dividends?
Yes, Xinjiang Xintai Natural 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 Xintai Natural Gas's dividend history.
How much dividend does Xinjiang Xintai Natural Gas pay?
Xinjiang Xintai Natural Gas paid ¥0.9 in 2024, ¥0.6 in 2023, ¥0.55 in 2022, ¥0.5 in 2021, and ¥0.8 in 2020.
How often does Xinjiang Xintai Natural Gas pay dividends?
Xinjiang Xintai Natural 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 June.
What is Xinjiang Xintai Natural Gas's dividend yield?
The current dividend yield for Xinjiang Xintai Natural Gas is 2.92%. 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 Xintai Natural Gas's exact dividend yield.
When does Xinjiang Xintai Natural Gas go ex dividend?
Xinjiang Xintai Natural Gas's ex-dividend date for the latest dividend was on 2024-07-11. Xinjiang Xintai Natural 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 Xintai Natural Gas dividend paid?
Xinjiang Xintai Natural Gas pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Xinjiang Xintai Natural 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 Xintai Natural 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 Xintai Natural Gas dividend per share?
Xinjiang Xintai Natural Gas paid ¥0.9 per share in 2024 and ¥0.6 per share in 2023. The amount of dividend per share that Xinjiang Xintai Natural 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 Xintai Natural 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 Xintai Natural 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 Xintai Natural Gas a dividend stock?
Yes, Xinjiang Xintai Natural 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 Xintai Natural Gas a good dividend stock?
Whether Xinjiang Xintai Natural 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 Xintai Natural Gas has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Xinjiang Xintai Natural 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 Xintai Natural Gas pay dividends monthly?
Xinjiang Xintai Natural Gas typically pays dividends on a annually basis.
Does Xinjiang Xintai Natural Gas pay dividends quarterly?
Xinjiang Xintai Natural Gas currently pays dividends on a annually basis.
Has Xinjiang Xintai Natural Gas ever paid a dividend?
Yes, Xinjiang Xintai Natural Gas has a history of paying dividends to its shareholders. Xinjiang Xintai Natural Gas is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Xinjiang Xintai Natural Gas dividend stocks?
To buy Xinjiang Xintai Natural 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 Xintai Natural 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 Xintai Natural Gas pay dividends 2024?
Xinjiang Xintai Natural Gas pays dividends on a annually basis. 2024 dividend payments are in 2024-07-11. 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 Xinjiang Xintai Natural Gas increase its dividend in 2024?
Decisions regarding Xinjiang Xintai Natural 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 Xintai Natural Gas dividend overview you can look into the above table of dividend history.
How Xinjiang Xintai Natural Gas dividend works?
The Xinjiang Xintai Natural 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 Xintai Natural Gas's dividend process works:
1. Determination of Dividend: Xinjiang Xintai Natural 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 Xintai Natural 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 Xintai Natural 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 Xintai Natural 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 Xintai Natural Gas dividends paid?
Xinjiang Xintai Natural Gas dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Xinjiang Xintai Natural 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 Xintai Natural 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 Xintai Natural 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 Xintai Natural Gas pay dividends?
Xinjiang Xintai Natural 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 Xintai Natural Gas pay dividends?
The general pattern is that Xinjiang Xintai Natural Gas 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 Xinjiang Xintai Natural Gas dividend safe?
The safety of Xinjiang Xintai Natural 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 Xintai Natural 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 Xintai Natural 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.