Zhejiang Provincial New Energy Investment Group Co., Ltd. engages in the construction of water conservancy and hydropower projects in Zhejiang province, China. It is involved in the hydropower generation, water supply, water conservancy, and hydropower engineering construction; sea reclamation; and industrial investment activities. The company has 13 hydropower stations with a total installed capacity of approximately 500,000 kilowatts. Zhejiang Provincial New Energy Investment Group Co., Ltd. is based in Hangzhou, China.
Zhejiang Provincial New Energy Investment Dividend Announcement
• Zhejiang Provincial New Energy Investment announced a semi annually dividend of ¥0.06 per ordinary share which will be made payable on 2024-09-23. Ex dividend date: 2024-09-23 • Zhejiang Provincial New Energy Investment annual dividend for 2024 was ¥0.13 • Zhejiang Provincial New Energy Investment annual dividend for 2023 was ¥0.07 • Zhejiang Provincial New Energy Investment's trailing twelve-month (TTM) dividend yield is 1.62% • Zhejiang Provincial New Energy Investment's payout ratio for the trailing twelve months (TTM) is 173.10%
Zhejiang Provincial New Energy Investment Dividend History
Zhejiang Provincial New Energy Investment Dividend per year
Zhejiang Provincial New Energy Investment Dividend growth
Zhejiang Provincial New Energy Investment Dividend Yield
Zhejiang Provincial New Energy Investment current trailing twelve-month (TTM) dividend yield is 1.62%. Interested in purchasing Zhejiang Provincial New Energy Investment stock? Use our calculator to estimate your expected dividend yield:
Zhejiang Provincial New Energy Investment Financial Ratios
P/E ratio26.11
PEG ratio-0.52
P/B ratio1.50
ROE5.81%
Payout ratio173.10%
Current ratio1.54
Quick ratio1.54
Cash Ratio0.35
Zhejiang Provincial New Energy Investment Dividend FAQ
How much is the next Zhejiang Provincial New Energy Investment dividend?
Zhejiang Provincial New Energy Investment's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Zhejiang Provincial New Energy Investment dividend. The next Zhejiang Provincial New Energy Investment dividend will be released in July.
When is Zhejiang Provincial New Energy Investment dividend paid?
Zhejiang Provincial New Energy Investment pays dividends on a semi annually basis. The specific dates may vary each year but are generally around July. 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 Zhejiang Provincial New Energy Investment pay?
The specific amount of Zhejiang Provincial New Energy Investment 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 Zhejiang Provincial New Energy Investment's dividend history.
Does Zhejiang Provincial New Energy Investment stock pay dividends?
Yes, Zhejiang Provincial New Energy Investment 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 Zhejiang Provincial New Energy Investment's dividend history.
How much dividend does Zhejiang Provincial New Energy Investment pay?
Zhejiang Provincial New Energy Investment paid ¥0.126 in 2024, ¥0.069 in 2023, ¥0.045 in 2022, ¥0.0 in 2021, and ¥0.0 in 2020.
How often does Zhejiang Provincial New Energy Investment pay dividends?
Zhejiang Provincial New Energy Investment 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 July.
What is Zhejiang Provincial New Energy Investment's dividend yield?
The current dividend yield for Zhejiang Provincial New Energy Investment is 1.62%. 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 Zhejiang Provincial New Energy Investment's exact dividend yield.
When does Zhejiang Provincial New Energy Investment go ex dividend?
Zhejiang Provincial New Energy Investment's ex-dividend date for the latest dividend was on 2024-09-23. Zhejiang Provincial New Energy Investment 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 Zhejiang Provincial New Energy Investment dividend paid?
Zhejiang Provincial New Energy Investment pays dividends on a semi annually basis, typically around July, but the exact dates can vary each year.
Will Zhejiang Provincial New Energy Investment 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 Zhejiang Provincial New Energy Investment 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 Zhejiang Provincial New Energy Investment dividend per share?
Zhejiang Provincial New Energy Investment paid ¥0.126 per share in 2024 and ¥0.069 per share in 2023. The amount of dividend per share that Zhejiang Provincial New Energy Investment 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 Zhejiang Provincial New Energy Investment 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 Zhejiang Provincial New Energy Investment 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 Zhejiang Provincial New Energy Investment a dividend stock?
Yes, Zhejiang Provincial New Energy Investment is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Zhejiang Provincial New Energy Investment a good dividend stock?
Whether Zhejiang Provincial New Energy Investment is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Zhejiang Provincial New Energy Investment has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Zhejiang Provincial New Energy Investment 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 Zhejiang Provincial New Energy Investment pay dividends monthly?
Zhejiang Provincial New Energy Investment typically pays dividends on a semi annually basis.
Does Zhejiang Provincial New Energy Investment pay dividends quarterly?
Zhejiang Provincial New Energy Investment currently pays dividends on a semi annually basis.
Has Zhejiang Provincial New Energy Investment ever paid a dividend?
Yes, Zhejiang Provincial New Energy Investment has a history of paying dividends to its shareholders. Zhejiang Provincial New Energy Investment is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Zhejiang Provincial New Energy Investment dividend stocks?
To buy Zhejiang Provincial New Energy Investment 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 Zhejiang Provincial New Energy Investment 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 Zhejiang Provincial New Energy Investment pay dividends 2024?
Zhejiang Provincial New Energy Investment pays dividends on a semi annually basis. 2024 dividend payments are in 2024-09-23. 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 Zhejiang Provincial New Energy Investment increase its dividend in 2024?
Decisions regarding Zhejiang Provincial New Energy Investment 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 Zhejiang Provincial New Energy Investment dividend overview you can look into the above table of dividend history.
How Zhejiang Provincial New Energy Investment dividend works?
The Zhejiang Provincial New Energy Investment 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 Zhejiang Provincial New Energy Investment's dividend process works:
1. Determination of Dividend: Zhejiang Provincial New Energy Investment'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, Zhejiang Provincial New Energy Investment 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, Zhejiang Provincial New Energy Investment 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 Zhejiang Provincial New Energy Investment 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 Zhejiang Provincial New Energy Investment dividends paid?
Zhejiang Provincial New Energy Investment dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Zhejiang Provincial New Energy Investment 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, Zhejiang Provincial New Energy Investment distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Zhejiang Provincial New Energy Investment 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 Zhejiang Provincial New Energy Investment pay dividends?
Zhejiang Provincial New Energy Investment 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 Zhejiang Provincial New Energy Investment pay dividends?
The general pattern is that Zhejiang Provincial New Energy Investment pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Zhejiang Provincial New Energy Investment dividend safe?
The safety of Zhejiang Provincial New Energy Investment'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 Zhejiang Provincial New Energy Investment'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 Zhejiang Provincial New Energy Investment'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.