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How to distribute dividends from solar power stations

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How to distribute dividends from solar power stations [PDF]

6 FAQs about [How to distribute dividends from solar power stations]

How much is a cash dividend per 10 shares?

A cash dividend of RMB 6.33 (including tax) per 10 shares is to be distributed to all the shareholders. As of the date of the board meeting to deliberate the profit distribution plan, the total share capital of the Company is 2,179,364,520 shares.

How much cash dividend will be distributed after deducting special securities repurchase?

After deducting the 13,491,637 shares held by the Company's special securities repurchase account, the actual number of shares to be distributed is 2,165,872,883 shares, so the total cash dividend to be distributed is RMB 1,370,997,534.94 (including tax).

What are dividends & how do they work?

Dividends are a form of distribution of assets by a company to its shareholders. Dividend legislation applies equally to all types of distribution, although the common law provides the principles for identifying distributions. These include not only cash dividends, but also distributions of non-cash assets (or a mixture of the two).

Which energy stocks pay the highest dividends?

ExxonMobil Corporation (NYSE:XOM), Chevron Corporation (NYSE:CVX), and ConocoPhillips (NYSE:COP) are among the energy stocks known for paying some of the highest dividends.

Can dividends be paid out of realised profits?

Directors need to consider whether the position has deteriorated since the date of the accounts used for assessing profits available to pay dividends. If the realised profits in those accounts have been reduced by subsequent losses, then a dividend cannot be paid out of them to that extent.

What happens if a company receives a dividend in a subsidiary?

The result would be that overall the commercial effect on the company here is the receipt of a dividend in the form of shares in the subsidiary, which are not qualifying consideration (eg, they are not readily convertible to cash) and so the dividend receipt profit is unrealised.

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