Zhongshan Public Utilities Group Co., Ltd. provides environmental protection and water services in China. The company is involved in the urban water supply and sewage treatment activities; urban cleaning, and garbage collection and transportation activities; and waste treatment, leakage treatment, and power generation activities. Its water supply coverage area comprises of approximately 2,000 square kilometers. The company also operates and manages farmers' market; and constructs passenger service hub ports. In addition, it undertakes construction projects, including municipal, construction, decoration, fire, electrical and mechanical, and urban and road lighting projects, as well as installs and reconstructs gas pipeline. Further, the company engages in financial investment businesses. The company was formerly known as Zhongshan Public Utilities Science and Technology Company Limited and changed its name to Zhongshan Public Utilities Group Co., Ltd. in August 2008. Zhongshan Public Utilities Group Co., Ltd. was founded in 1998 and is based in Zhongshan, China.
Zhongshan Public Utilities Dividend Announcement
• Zhongshan Public Utilities announced a annually dividend of ¥0.20 per ordinary share which will be made payable on 2024-07-25. Ex dividend date: 2024-07-25
• Zhongshan Public Utilities annual dividend for 2024 was ¥0.20
• Zhongshan Public Utilities annual dividend for 2023 was ¥0.22
• Zhongshan Public Utilities's trailing twelve-month (TTM) dividend yield is 2.16%
• Zhongshan Public Utilities's payout ratio for the trailing twelve months (TTM) is 71.03%
• Zhongshan Public Utilities's dividend growth over the last ten years (2013-2023) was 8.20% year
Zhongshan Public Utilities Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-25 | ¥0.20 | annually | 2024-07-25 |
2023-08-18 | ¥0.22 | annually | 2023-08-18 |
2022-07-21 | ¥0.30 | annually | 2022-07-21 |
2021-07-19 | ¥0.28 | annually | 2021-07-19 |
2020-08-10 | ¥0.25 | annually | 2020-08-10 |
2019-07-12 | ¥0.14 | annually | 2019-07-12 |
2018-08-24 | ¥0.22 | annually | 2018-08-24 |
2017-07-18 | ¥0.20 | annually | 2017-07-18 |
2016-06-17 | ¥0.30 | annually | |
2015-07-07 | ¥0.30 | annually | |
2014-06-24 | ¥0.15 | annually | |
2013-07-12 | ¥0.10 | annually |
Zhongshan Public Utilities Dividend per year
Zhongshan Public Utilities Dividend growth
Zhongshan Public Utilities Dividend Yield
Zhongshan Public Utilities current trailing twelve-month (TTM) dividend yield is 2.16%. Interested in purchasing Zhongshan Public Utilities stock? Use our calculator to estimate your expected dividend yield:
Zhongshan Public Utilities Financial Ratios
Zhongshan Public Utilities Dividend FAQ
Other factors to consider when evaluating Zhongshan Public Utilities 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.
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1. Determination of Dividend: Zhongshan Public Utilities'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, Zhongshan Public Utilities 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, Zhongshan Public Utilities 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 Zhongshan Public Utilities 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.
1. Record Date: Zhongshan Public Utilities 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, Zhongshan Public Utilities distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Zhongshan Public Utilities 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.
To assess the safety of Zhongshan Public Utilities'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 Zhongshan Public Utilities'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.