On April 25, Sunshine Power announced its 2024 distribution plan, proposing a cash dividend of 10.8 yuan per share (tax included), which is expected to total 2.211 billion yuan. This distribution represents 20.03% of the company’s net profit and marks the 14th cash dividend since its listing.
Below is a summary of the company’s past distribution plans since its IPO:
| Date | Distribution Plan | Total Cash Amount (billion yuan) | Dividend Yield (%) |
|---|---|---|---|
| 2024.12.31 | 10 shares for 10.8 yuan (tax included) | 22.11 | 1.26 |
| 2023.12.31 | 10 shares converted to 4 and 9.65 yuan cash (tax included) | 14.19 | 0.93 |
| 2022.12.31 | 10 shares for 2.2 yuan (tax included) | 3.25 | 0.21 |
| 2021.12.31 | 10 shares for 1.04824 yuan (tax included) | 1.63 | 0.10 |
| 2020.12.31 | 10 shares for 1.4 yuan (tax included) | 2.04 | 0.55 |
| 2019.12.31 | 10 shares for 0.7 yuan (tax included) | 1.02 | 0.64 |
| 2018.12.31 | 10 shares for 0.600294 yuan (tax included) | 0.88 | 0.57 |
| 2017.12.31 | 10 shares for 0.797807 yuan (tax included) | 1.16 | 0.55 |
| 2016.12.31 | 10 shares for 0.488107 yuan (tax included) | 0.71 | 0.24 |
| 2016.06.30 | 10 shares converted to 8 and 1 yuan cash (tax included) | 0.78 | 0.46 |
| 2014.12.31 | 10 shares for 0.500005 yuan (tax included) | 0.33 | 0.26 |
| 2013.12.31 | 10 shares converted to 10 and 1.2 yuan cash (tax included) | 0.39 | 0.72 |
| 2012.12.31 | 10 shares for 0.5 yuan (tax included) | 0.16 | 0.36 |
| 2011.12.31 | 10 shares converted to 8 and 2 yuan cash (tax included) | 0.36 | 0.59 |
According to data from Data Treasure, the company reported a revenue of 77.857 billion yuan for the year, reflecting a 7.76% year-over-year increase. The net profit reached 11.036 billion yuan, representing a 16.92% increase, with basic earnings per share standing at 5.32 yuan and a weighted average return on equity of 33.99%.
On the financial front, today saw a net inflow of 168 million yuan in the stock, with a total net inflow of 359 million yuan over the past five days. According to margin trading data, the latest margin balance for the stock is 4.838 billion yuan, which has increased by 27.01 million yuan in the last five days, marking a rise of 0.56%.
In the power equipment sector, of the 182 companies that have announced their 2024 distribution plans, Ningde Times leads with a cash distribution of 19.976 billion yuan, followed by Sunshine Power and Tebian Electric with distributions of 2.211 billion yuan and 1.255 billion yuan respectively.
Note: This article is a news report and does not constitute investment advice. The stock market carries risks; investments should be made with caution.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/sunwoda-power-announces-2024-distribution-plan-with-a-proposed-dividend-of-10-8-yuan-per-share/
