Zhejiang Zheneng Electric Power Co., Ltd. engages in thermal power generation business in China. It also provides thermal products, as well as invests and manages gas power and nuclear power projects. The company is based in Hangzhou, China. Zhejiang Zheneng Electric Power Co., Ltd. is a subsidiary of Zhejiang Provincial Energy Group Company Ltd.
Zhejiang Zheneng Electric Power Dividend Announcement
• Zhejiang Zheneng Electric Power announced a annually dividend of ¥0.25 per ordinary share which will be made payable on 2024-07-09. Ex dividend date: 2024-07-09 • Zhejiang Zheneng Electric Power annual dividend for 2024 was ¥0.25 • Zhejiang Zheneng Electric Power's trailing twelve-month (TTM) dividend yield is 4.27% • Zhejiang Zheneng Electric Power's payout ratio for the trailing twelve months (TTM) is 64.18%
Zhejiang Zheneng Electric Power current trailing twelve-month (TTM) dividend yield is 4.27%. Interested in purchasing Zhejiang Zheneng Electric Power stock? Use our calculator to estimate your expected dividend yield:
Zhejiang Zheneng Electric Power Financial Ratios
P/E ratio10.81
PEG ratio-0.72
P/B ratio1.09
ROE10.45%
Payout ratio64.18%
Current ratio1.13
Quick ratio1.00
Cash Ratio0.53
Zhejiang Zheneng Electric Power Dividend FAQ
How much is the next Zhejiang Zheneng Electric Power dividend?
Zhejiang Zheneng Electric 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 Zheneng Electric Power dividend. The next Zhejiang Zheneng Electric Power dividend will be released in .
When is Zhejiang Zheneng Electric Power dividend paid?
Zhejiang Zheneng Electric Power pays dividends on a annually basis. The specific dates may vary each year but are generally around . 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 Zheneng Electric Power pay?
The specific amount of Zhejiang Zheneng Electric 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 Zheneng Electric Power's dividend history.
Does Zhejiang Zheneng Electric Power stock pay dividends?
Yes, Zhejiang Zheneng Electric 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 Zheneng Electric Power's dividend history.
How much dividend does Zhejiang Zheneng Electric Power pay?
Zhejiang Zheneng Electric Power paid ¥0.25 in 2024, ¥0.0 in 2023, ¥0.0 in 2022, ¥0.225 in 2021, and ¥0.2 in 2020.
How often does Zhejiang Zheneng Electric Power pay dividends?
Zhejiang Zheneng Electric 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 .
What is Zhejiang Zheneng Electric Power's dividend yield?
The current dividend yield for Zhejiang Zheneng Electric Power is 4.27%. 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 Zheneng Electric Power's exact dividend yield.
When does Zhejiang Zheneng Electric Power go ex dividend?
Zhejiang Zheneng Electric Power's ex-dividend date for the latest dividend was on 2024-07-09. Zhejiang Zheneng Electric 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 Zheneng Electric Power dividend paid?
Zhejiang Zheneng Electric Power pays dividends on a annually basis, typically around , but the exact dates can vary each year.
Will Zhejiang Zheneng Electric 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 Zheneng Electric 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 Zheneng Electric Power dividend per share?
Zhejiang Zheneng Electric Power paid ¥0.25 per share in 2024 and ¥0.0 per share in 2023. The amount of dividend per share that Zhejiang Zheneng Electric 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 Zheneng Electric 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 Zheneng Electric 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 Zheneng Electric Power a dividend stock?
Yes, Zhejiang Zheneng Electric 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 Zheneng Electric Power a good dividend stock?
Whether Zhejiang Zheneng Electric 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 Zheneng Electric Power has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Zhejiang Zheneng Electric 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 Zheneng Electric Power pay dividends monthly?
Zhejiang Zheneng Electric Power typically pays dividends on a annually basis.
Does Zhejiang Zheneng Electric Power pay dividends quarterly?
Zhejiang Zheneng Electric Power currently pays dividends on a annually basis.
Has Zhejiang Zheneng Electric Power ever paid a dividend?
Yes, Zhejiang Zheneng Electric Power has a history of paying dividends to its shareholders. Zhejiang Zheneng Electric Power is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Zhejiang Zheneng Electric Power dividend stocks?
To buy Zhejiang Zheneng Electric 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 Zheneng Electric 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 Zheneng Electric Power pay dividends 2024?
Zhejiang Zheneng Electric Power pays dividends on a annually basis. 2024 dividend payments are in 2024-07-09. 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 Zheneng Electric Power increase its dividend in 2024?
Decisions regarding Zhejiang Zheneng Electric 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 Zheneng Electric Power dividend overview you can look into the above table of dividend history.
How Zhejiang Zheneng Electric Power dividend works?
The Zhejiang Zheneng Electric 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 Zheneng Electric Power's dividend process works:
1. Determination of Dividend: Zhejiang Zheneng Electric 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 Zheneng Electric 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 Zheneng Electric 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 Zheneng Electric 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 Zheneng Electric Power dividends paid?
Zhejiang Zheneng Electric Power dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Zhejiang Zheneng Electric 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 Zheneng Electric 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 Zheneng Electric 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 Zheneng Electric Power pay dividends?
Zhejiang Zheneng Electric 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 Zheneng Electric Power pay dividends?
The general pattern is that Zhejiang Zheneng Electric Power pays dividends around . 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 Zheneng Electric Power dividend safe?
The safety of Zhejiang Zheneng Electric 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 Zheneng Electric 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 Zheneng Electric 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.