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Zhejiang Xinzhonggang Thermal Power Co., LTD. engages in the production and sale of electricity and heat. The company was founded in 1997 and is based in Quzhou, China.

Zhejiang Xinzhonggang Thermal Power Dividend Announcement

Zhejiang Xinzhonggang Thermal Power announced a annually dividend of ¥0.18 per ordinary share which will be made payable on 2024-05-08. Ex dividend date: 2024-05-08
Zhejiang Xinzhonggang Thermal Power annual dividend for 2024 was ¥0.18
Zhejiang Xinzhonggang Thermal Power annual dividend for 2023 was ¥0.15
Zhejiang Xinzhonggang Thermal Power's trailing twelve-month (TTM) dividend yield is 2.49%
Zhejiang Xinzhonggang Thermal Power's payout ratio for the trailing twelve months (TTM) is 79.43%

Zhejiang Xinzhonggang Thermal Power Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-08¥0.18annually2024-05-08
2023-06-05¥0.15annually2023-06-05
2022-05-25¥0.35annually2022-05-25

Zhejiang Xinzhonggang Thermal Power Dividend per year

Zhejiang Xinzhonggang Thermal Power Dividend growth

Zhejiang Xinzhonggang Thermal Power Dividend Yield

Zhejiang Xinzhonggang Thermal Power current trailing twelve-month (TTM) dividend yield is 2.49%. Interested in purchasing Zhejiang Xinzhonggang Thermal Power stock? Use our calculator to estimate your expected dividend yield:

Zhejiang Xinzhonggang Thermal Power Financial Ratios

P/E ratio17.17
PEG ratio1.47
P/B ratio2.42
ROE13.96%
Payout ratio79.43%
Current ratio4.77
Quick ratio4.07
Cash Ratio2.16

Zhejiang Xinzhonggang Thermal Power Dividend FAQ

How much is the next Zhejiang Xinzhonggang Thermal Power dividend?
Zhejiang Xinzhonggang Thermal 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 Zhejiang Xinzhonggang Thermal Power dividend. The next Zhejiang Xinzhonggang Thermal Power dividend will be released in June.
When is Zhejiang Xinzhonggang Thermal Power dividend paid?
Zhejiang Xinzhonggang Thermal Power 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 Zhejiang Xinzhonggang Thermal Power pay?
The specific amount of Zhejiang Xinzhonggang Thermal 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 Zhejiang Xinzhonggang Thermal Power's dividend history.
Does Zhejiang Xinzhonggang Thermal Power stock pay dividends?
Yes, Zhejiang Xinzhonggang Thermal 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 Zhejiang Xinzhonggang Thermal Power's dividend history.
How much dividend does Zhejiang Xinzhonggang Thermal Power pay?
Zhejiang Xinzhonggang Thermal Power paid ¥0.18 in 2024, ¥0.15 in 2023, ¥0.35 in 2022, ¥0.0 in 2021, and ¥0.0 in 2020.
How often does Zhejiang Xinzhonggang Thermal Power pay dividends?
Zhejiang Xinzhonggang Thermal Power 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 Zhejiang Xinzhonggang Thermal Power's dividend yield?
The current dividend yield for Zhejiang Xinzhonggang Thermal Power is 2.49%. 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 Xinzhonggang Thermal Power's exact dividend yield.
When does Zhejiang Xinzhonggang Thermal Power go ex dividend?
Zhejiang Xinzhonggang Thermal Power's ex-dividend date for the latest dividend was on 2024-05-08. Zhejiang Xinzhonggang Thermal 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 Zhejiang Xinzhonggang Thermal Power dividend paid?
Zhejiang Xinzhonggang Thermal Power pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Zhejiang Xinzhonggang Thermal 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 Zhejiang Xinzhonggang Thermal 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 Zhejiang Xinzhonggang Thermal Power dividend per share?
Zhejiang Xinzhonggang Thermal Power paid ¥0.18 per share in 2024 and ¥0.15 per share in 2023. The amount of dividend per share that Zhejiang Xinzhonggang Thermal 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 Zhejiang Xinzhonggang Thermal 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 Zhejiang Xinzhonggang Thermal 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 Zhejiang Xinzhonggang Thermal Power a dividend stock?
Yes, Zhejiang Xinzhonggang Thermal Power is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Zhejiang Xinzhonggang Thermal Power a good dividend stock?
Whether Zhejiang Xinzhonggang Thermal 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. Zhejiang Xinzhonggang Thermal Power has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Zhejiang Xinzhonggang Thermal 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 Zhejiang Xinzhonggang Thermal Power pay dividends monthly?
Zhejiang Xinzhonggang Thermal Power typically pays dividends on a annually basis.
Does Zhejiang Xinzhonggang Thermal Power pay dividends quarterly?
Zhejiang Xinzhonggang Thermal Power currently pays dividends on a annually basis.
Has Zhejiang Xinzhonggang Thermal Power ever paid a dividend?
Yes, Zhejiang Xinzhonggang Thermal Power has a history of paying dividends to its shareholders. Zhejiang Xinzhonggang Thermal Power is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Zhejiang Xinzhonggang Thermal Power dividend stocks?
To buy Zhejiang Xinzhonggang Thermal 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 Zhejiang Xinzhonggang Thermal 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 Zhejiang Xinzhonggang Thermal Power pay dividends 2024?
Zhejiang Xinzhonggang Thermal Power pays dividends on a annually basis. 2024 dividend payments are in 2024-05-08. 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 Xinzhonggang Thermal Power increase its dividend in 2024?
Decisions regarding Zhejiang Xinzhonggang Thermal 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 Zhejiang Xinzhonggang Thermal Power dividend overview you can look into the above table of dividend history.
How Zhejiang Xinzhonggang Thermal Power dividend works?
The Zhejiang Xinzhonggang Thermal 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 Zhejiang Xinzhonggang Thermal Power's dividend process works:

1. Determination of Dividend: Zhejiang Xinzhonggang Thermal 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, Zhejiang Xinzhonggang Thermal 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, Zhejiang Xinzhonggang Thermal 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 Zhejiang Xinzhonggang Thermal 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 Zhejiang Xinzhonggang Thermal Power dividends paid?
Zhejiang Xinzhonggang Thermal Power dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Zhejiang Xinzhonggang Thermal 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, Zhejiang Xinzhonggang Thermal 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: Zhejiang Xinzhonggang Thermal 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 Zhejiang Xinzhonggang Thermal Power pay dividends?
Zhejiang Xinzhonggang Thermal Power 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 Zhejiang Xinzhonggang Thermal Power pay dividends?
The general pattern is that Zhejiang Xinzhonggang Thermal 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 Zhejiang Xinzhonggang Thermal Power dividend safe?
The safety of Zhejiang Xinzhonggang Thermal 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 Zhejiang Xinzhonggang Thermal 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 Zhejiang Xinzhonggang Thermal 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.