AECC Aviation Power Co., Ltd designs, develops, produces, maintains, and sells large and medium-sized military and civilian aircraft engines in the People's Republic of China. It also provides large-scale ship gas turbine power plant production and repair services. The company was formerly known as AVIC Aviation Engine Corporation PLC and changed its name to AECC Aviation Power Co., Ltd in March 2017. AECC Aviation Power Co., Ltd was founded in 1958 and is based in Xi'an, the People's Republic of China.
AECC Aviation Power Dividend Announcement
• AECC Aviation Power announced a annually dividend of ¥0.16 per ordinary share which will be made payable on 2024-06-27. Ex dividend date: 2024-06-27
• AECC Aviation Power annual dividend for 2024 was ¥0.16
• AECC Aviation Power annual dividend for 2023 was ¥0.14
• AECC Aviation Power's trailing twelve-month (TTM) dividend yield is 0.4%
• AECC Aviation Power's payout ratio for the trailing twelve months (TTM) is 97.84%
• AECC Aviation Power's dividend growth over the last five years (2018-2023) was 2.37% year
• AECC Aviation Power's dividend growth over the last ten years (2013-2023) was 6.00% year
AECC Aviation Power Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-27 | ¥0.16 | annually | 2024-06-27 |
2023-06-16 | ¥0.14 | annually | 2023-06-16 |
2022-06-23 | ¥0.14 | annually | 2022-06-23 |
2021-06-23 | ¥0.13 | annually | 2021-06-23 |
2020-07-15 | ¥0.14 | annually | 2020-07-15 |
2019-05-31 | ¥0.14 | annually | 2019-05-31 |
2018-06-15 | ¥0.13 | annually | 2018-06-15 |
2017-04-28 | ¥0.14 | annually | 2017-04-28 |
2016-07-12 | ¥0.16 | annually | |
2015-07-16 | ¥0.14 | annually | |
2014-05-26 | ¥0.08 | annually | |
2013-06-03 | ¥0.08 | annually |
AECC Aviation Power Dividend per year
AECC Aviation Power Dividend growth
AECC Aviation Power Dividend Yield
AECC Aviation Power current trailing twelve-month (TTM) dividend yield is 0.4%. Interested in purchasing AECC Aviation Power stock? Use our calculator to estimate your expected dividend yield:
AECC Aviation Power Financial Ratios
AECC Aviation Power Dividend FAQ
Other factors to consider when evaluating AECC Aviation Power 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: AECC Aviation Power'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, AECC Aviation Power 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, AECC Aviation Power 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 AECC Aviation Power 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: AECC Aviation Power 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, AECC Aviation Power distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: AECC Aviation Power 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 AECC Aviation Power'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 AECC Aviation Power'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.