Xiangtan Electric Manufacturing Co Stock

Xiangtan Electric Manufacturing Co Dividend 2024

Xiangtan Electric Manufacturing Co Dividend

0 CNY

Xiangtan Electric Manufacturing Co Dividend yield

0.22 %

Ticker

600416.SS

ISIN

CNE000001BY2

How much dividend does Xiangtan Electric Manufacturing Co 2024 pay?

According to the latest status from November 2024, Xiangtan Electric Manufacturing Co paid a total of 0 CNY per share in dividends within the last 12 months. With the current Xiangtan Electric Manufacturing Co price of 13.7 CNY, this corresponds to a dividend yield of 0 %. A dividend is paid times per year.

0.22 % Dividend Yield=
0.03 CNY Dividend
13.7 CNY Stock Price

Historical Xiangtan Electric Manufacturing Co Dividends

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

PaydateDividend
7/11/20180.03
7/15/20170.05
6/12/20160.03
8/8/20150.03
8/9/20140.03
7/5/20120.1
5/23/20100.15
6/13/20090.1
7/13/20080.08
7/19/20070.21
6/19/20060.2
5/22/20050.19
7/3/20040.15
6/28/20030.22
1

Xiangtan Electric Manufacturing Co dividend history and estimates

In 2023, Xiangtan Electric Manufacturing Co paid a dividend amounting to 0 CNY. Dividend means that Xiangtan Electric Manufacturing Co distributes a portion of its profits to its owners.
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Dividend
Dividend (Estimate)
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Dividend

Dividend Overview

The dividend per year chart for Xiangtan Electric Manufacturing Co provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Xiangtan Electric Manufacturing Co’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Xiangtan Electric Manufacturing Co's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Xiangtan Electric Manufacturing Co Dividend History

DateXiangtan Electric Manufacturing Co Dividend
2026e0.2 undefined
2025e0.14 undefined
2024e0.1 undefined
20180.03 undefined
20170.05 undefined
20160.03 undefined
20150.03 undefined
20140.03 undefined
20120.1 undefined
20100.08 undefined
20090.05 undefined
20080.04 undefined
20070.11 undefined
20060.1 undefined
20050.1 undefined
20040.08 undefined

Is the Xiangtan Electric Manufacturing Co Dividend Safe?

Xiangtan Electric Manufacturing Co has been increasing the dividend for 1 years.

Over the past 10 years, Xiangtan Electric Manufacturing Co has increased it by an annual 0 %.

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

Analysts expect a Dividend Cut of 0% for the current fiscal year.

Xiangtan Electric Manufacturing Co dividend payout ratio

In 2023, Xiangtan Electric Manufacturing Co had a payout ratio of 36.15%. The payout ratio indicates the percentage of the company's profits that Xiangtan Electric Manufacturing Co distributes as dividends.
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Payout ratio
Details

Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Xiangtan Electric Manufacturing Co 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 Xiangtan Electric Manufacturing Co 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 Xiangtan Electric Manufacturing Co'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.

Xiangtan Electric Manufacturing Co Payout Ratio History

DateXiangtan Electric Manufacturing Co Payout ratio
2026e36.43 %
2025e36.2 %
2024e36.94 %
202336.15 %
202235.52 %
202139.14 %
202033.77 %
201933.66 %
2018-1.49 %
201750 %
201617.65 %
201533.33 %
201433.33 %
201333.66 %
2012-29.41 %
201133.66 %
201019.23 %
200920 %
200836.36 %
200775 %
200662.5 %
200567.86 %
200462.5 %

Dividend Details

Understanding Xiangtan Electric Manufacturing Co's Dividend Distributions

Xiangtan Electric Manufacturing Co’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 Xiangtan Electric Manufacturing Co'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

Xiangtan Electric Manufacturing Co'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 Xiangtan Electric Manufacturing Co’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.

Xiangtan Electric Manufacturing Co Aktienanalyse

What does Xiangtan Electric Manufacturing Co do?

Xiangtan Electric Manufacturing Co Ltd is a Chinese company that specializes in the production of power generation equipment. The company was founded in 1958 in the city of Xiangtan and has since become one of the leading manufacturers in the industry. The business model of Xiangtan Electric Manufacturing Co Ltd is based on the production of high-quality and reliable power generation equipment for the domestic and international market. The company values adapting to the changing needs and requirements of its customers. The different divisions of the company include the manufacturing of coal-fired power plants, hydroelectric power plants, gas turbines, and wind power plants. In each business area, Xiangtan Electric Manufacturing Co Ltd strives to develop innovative technologies and processes to improve the efficiency and performance of power generation equipment. The company offers a wide variety of products that are tailored to the needs of different customers. For example, Xiangtan Electric Manufacturing Co Ltd offers a wide range of coal-fired power plants that are designed for energy generation for industry or urban needs. These plants are known for their high performance, reliability, and efficiency. In the hydroelectric power business, the company offers generator and turbine units that are suitable for various water sources and conditions. The facilities are designed to deliver high energy yields at low operating costs. Xiangtan Electric Manufacturing Co Ltd also produces gas turbines for various applications. These are used for energy generation in various industries, including aerospace, petrochemicals, and power supply. Finally, the company also produces wind power plants that are tailored to the needs of today's energy supply. These plants are known for their high efficiency and performance and are focused on sustainable energy generation. Overall, Xiangtan Electric Manufacturing Co Ltd has made significant progress in recent years and has established itself as an important player in the power generation industry. The company has invested in research and development to develop innovative technologies and processes that help its customers operate more energy efficiently and sustainably. Xiangtan Electric Manufacturing Co is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Xiangtan Electric Manufacturing Co stock

How much dividend does Xiangtan Electric Manufacturing Co pay?

Over the past 12 months, Xiangtan Electric Manufacturing Co paid a dividend of 0.03 CNY . This corresponds to a dividend yield of about 0.22 %. For the coming 12 months, Xiangtan Electric Manufacturing Co is expected to pay a dividend of 0.14 CNY.

What is the dividend yield of Xiangtan Electric Manufacturing Co?

The current dividend yield of Xiangtan Electric Manufacturing Co is 0.22 %.

When does Xiangtan Electric Manufacturing Co pay dividends?

Xiangtan Electric Manufacturing Co pays a quarterly dividend. This is distributed in the months of August, June, July, July.

How secure is the dividend of Xiangtan Electric Manufacturing Co?

Xiangtan Electric Manufacturing Co paid dividends every year for the past 3 years.

What is the dividend of Xiangtan Electric Manufacturing Co?

For the upcoming 12 months, dividends amounting to 0.14 CNY are expected. This corresponds to a dividend yield of 1.01 %.

In which sector is Xiangtan Electric Manufacturing Co located?

Xiangtan Electric Manufacturing Co is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Xiangtan Electric Manufacturing Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Xiangtan Electric Manufacturing Co from 6/11/2018 amounting to 0.03 CNY, you needed to have the stock in your portfolio before the ex-date on 6/11/2018.

When did Xiangtan Electric Manufacturing Co pay the last dividend?

The last dividend was paid out on 6/11/2018.

What was the dividend of Xiangtan Electric Manufacturing Co in the year 2023?

In the year 2023, Xiangtan Electric Manufacturing Co distributed 0 CNY as dividends.

In which currency does Xiangtan Electric Manufacturing Co pay out the dividend?

The dividends of Xiangtan Electric Manufacturing Co are distributed in CNY.

Andere Kennzahlen von Xiangtan Electric Manufacturing Co

Our stock analysis for Xiangtan Electric Manufacturing Co 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 Xiangtan Electric Manufacturing Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.