Shanxi Guoxin Energy Corp - Stock

Shanxi Guoxin Energy Corp Dividend 2024

Shanxi Guoxin Energy Corp Dividend

0.02 CNY

Shanxi Guoxin Energy Corp Dividend yield

0.51 %

Ticker

600617.SS

ISIN

CNE0000005L8

How much dividend does Shanxi Guoxin Energy Corp 2024 pay?

According to the latest status from June 2024, Shanxi Guoxin Energy Corp paid a total of 0.02 CNY per share in dividends within the last 12 months. With the current Shanxi Guoxin Energy Corp price of 3.96 CNY, this corresponds to a dividend yield of 0.51 %. A dividend is paid times per year.

0.51 % Dividend Yield=
0.02 CNY Dividend
3.96 CNY Stock Price

Historical Shanxi Guoxin Energy Corp Dividends

A dividend is paid times per year. Last year, the payout months were and .

PaydateDividend
7/24/20220.02
8/2/20190.02
7/24/20160.15
12/20/20150.1
8/19/20010.03
9/24/20000.02
8/29/19980.04
7/25/19960.04
7/1/19950.15
7/6/19940.3
5/26/19930.19
1

Is the Shanxi Guoxin Energy Corp Dividend Safe?

Shanxi Guoxin Energy Corp has been increasing the dividend for 1 years.

Over the past 10 years, Shanxi Guoxin Energy Corp has increased it by an annual 0 %.

Over a five-year period, the distribution increased by 0%.

Analysts expect a Dividend Cut of -100% for the current fiscal year.

Shanxi Guoxin Energy Corp Stock Payout Ratio

Details

Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Shanxi Guoxin Energy Corp represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Shanxi Guoxin Energy Corp could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Shanxi Guoxin Energy Corp's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Shanxi Guoxin Energy Corp Payout Ratio History

DateShanxi Guoxin Energy Corp Payout ratio
202243.28 %
202154.86 %
202054.62 %
201966.67 %
201853.92 %
201751.8 %
201645.45 %
201518.52 %
201451.8 %
201351.8 %
201251.8 %
201151.8 %
201051.8 %
200951.8 %
200851.8 %
200751.8 %
200651.8 %
200551.8 %
200451.8 %
200351.8 %

Dividend Details

Understanding Shanxi Guoxin Energy Corp's Dividend Distributions

Shanxi Guoxin Energy Corp’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Shanxi Guoxin Energy Corp's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Shanxi Guoxin Energy Corp's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Shanxi Guoxin Energy Corp’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Shanxi Guoxin Energy Corp Aktienanalyse

What does Shanxi Guoxin Energy Corp do?

Shanxi Guoxin Energy Corp is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Shanxi Guoxin Energy Corp Stock

How much dividend does Shanxi Guoxin Energy Corp pay?

Over the past 12 months, Shanxi Guoxin Energy Corp paid a dividend of 0.02 CNY . This corresponds to a dividend yield of about 0.51 %. For the coming 12 months, Shanxi Guoxin Energy Corp is expected to pay a dividend of 0.02 CNY.

What is the dividend yield of Shanxi Guoxin Energy Corp?

The current dividend yield of Shanxi Guoxin Energy Corp is 0.51 %.

When does Shanxi Guoxin Energy Corp pay dividends?

Shanxi Guoxin Energy Corp pays a quarterly dividend. This is distributed in the months of December, July, August, July.

How secure is the dividend of Shanxi Guoxin Energy Corp?

Shanxi Guoxin Energy Corp paid dividends every year for the past 1 years.

What is the dividend of Shanxi Guoxin Energy Corp?

For the upcoming 12 months, dividends amounting to 0.02 CNY are expected. This corresponds to a dividend yield of 0.51 %.

In which sector is Shanxi Guoxin Energy Corp located?

Shanxi Guoxin Energy Corp is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Shanxi Guoxin Energy Corp kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Shanxi Guoxin Energy Corp from 6/24/2022 amounting to 0.02 CNY, you needed to have the stock in your portfolio before the ex-date on 6/24/2022.

When did Shanxi Guoxin Energy Corp pay the last dividend?

The last dividend was paid out on 6/24/2022.

What was the dividend of Shanxi Guoxin Energy Corp in the year 2023?

In the year 2023, Shanxi Guoxin Energy Corp distributed 0 CNY as dividends.

In which currency does Shanxi Guoxin Energy Corp pay out the dividend?

The dividends of Shanxi Guoxin Energy Corp are distributed in CNY.

Andere Kennzahlen von Shanxi Guoxin Energy Corp

Our stock analysis for Shanxi Guoxin Energy Corp Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Shanxi Guoxin Energy Corp Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.