Aluminum Corporation of China Limited, together with its subsidiaries, manufactures and sells alumina, primary aluminum, aluminum alloys, and carbon products in the People's Republic of China and internationally. The company operates through five segments: Alumina, Primary Aluminum, Trading, Energy, and Corporate and Other Operating. The Alumina segment mines for and purchases bauxite and other raw materials; refines bauxite into alumina; and produces and sells alumina, as well as refined alumina, gallium, and multi-form alumina bauxite. The Primary Aluminum segment procures alumina and other raw materials, supplemental materials, and electrical power; and produces and sells aluminum and aluminum-related products, such as carbon, aluminum alloy, and other electrolytic aluminum products. The Trading segment trades in alumina, primary aluminum, aluminum fabrication products, other non-ferrous metal products, coal products, and raw and supplemental materials; and provides logistics and transport services to external customers. The Energy segment mines for coal deposits; generates and sells electricity using thermal, wind, and solar power sources to regional power grid corporations; and manufactures power related equipment. The Corporate and Other Operating segment provides research and development services; and operates other aluminum-related business activities. The company also acquires, manufactures, and distributes bauxite mines and limestone ore; and provides engineering project management, as well as engages in import and export activities. Aluminum Corporation of China Limited was incorporated in 2001 and is headquartered in Beijing, the People's Republic of China.
Aluminum of China Dividend Announcement
• Aluminum of China announced a quarterly dividend of $0.01 per ordinary share which will be made payable on 2024-12-27. Ex dividend date: 2024-11-21
• Aluminum of China annual dividend for 2024 was $0.03
• Aluminum of China annual dividend for 2023 was $0.01
• Aluminum of China's trailing twelve-month (TTM) dividend yield is 3.61%
• Aluminum of China's payout ratio for the trailing twelve months (TTM) is 33.85%
Aluminum of China Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-21 | $0.01 | quarterly | 2024-12-27 |
| 2024-10-31 | $0.01 | quarterly | 2024-12-27 |
| 2024-06-27 | $0.01 | quarterly | 2024-07-26 |
| 2023-06-23 | $0.01 | quarterly | 2023-08-18 |
| 2022-06-29 | $0.00 | quarterly | 2022-08-19 |
Aluminum of China Dividend per year
Aluminum of China Dividend growth
Aluminum of China Dividend Yield
Aluminum of China current trailing twelve-month (TTM) dividend yield is 3.61%. Interested in purchasing Aluminum of China stock? Use our calculator to estimate your expected dividend yield:
Aluminum of China Financial Ratios
P/E ratio7.34
PEG ratio0.02
P/B ratio1.13
ROE16.53%
Payout ratio33.85%
Current ratio1.15
Quick ratio0.69
Cash Ratio0.44
Aluminum of China Dividend FAQ
How much is the next Aluminum of China dividend?
Aluminum of China's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Aluminum of China dividend. The next Aluminum of China dividend will be released in June.
When is Aluminum of China dividend paid?
Aluminum of China pays dividends on a quarterly basis. The specific dates may vary each year but are generally around June. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Aluminum of China pay?
The specific amount of Aluminum of China dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Aluminum of China's dividend history.
Does Aluminum of China stock pay dividends?
Yes, Aluminum of China does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Aluminum of China's dividend history.
How much dividend does Aluminum of China pay?
Aluminum of China paid $0.034 in 2024, $0.005 in 2023, $0.005 in 2022, $0.0 in 2021, and $0.0 in 2020.
How often does Aluminum of China pay dividends?
Aluminum of China typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around June.
What is Aluminum of China's dividend yield?
The current dividend yield for Aluminum of China is 3.61%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Aluminum of China's exact dividend yield.
When does Aluminum of China go ex dividend?
Aluminum of China's ex-dividend date for the latest dividend was on 2024-11-21. Aluminum of China typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Aluminum of China dividend paid?
Aluminum of China pays dividends on a quarterly basis, typically around June, but the exact dates can vary each year.
Will Aluminum of China increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Aluminum of China will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Aluminum of China dividend per share?
Aluminum of China paid $0.034 per share in 2024 and $0.005 per share in 2023. The amount of dividend per share that Aluminum of China pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Aluminum of China a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Aluminum of China a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Aluminum of China a dividend stock?
Yes, Aluminum of China is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Aluminum of China a good dividend stock?
Whether Aluminum of China is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Aluminum of China has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Aluminum of China 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.
Other factors to consider when evaluating Aluminum of China 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.
Does Aluminum of China pay dividends monthly?
Aluminum of China typically pays dividends on a quarterly basis.
Does Aluminum of China pay dividends quarterly?
Aluminum of China currently pays dividends on a quarterly basis.
Has Aluminum of China ever paid a dividend?
Yes, Aluminum of China has a history of paying dividends to its shareholders. Aluminum of China is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Aluminum of China dividend stocks?
To buy Aluminum of China you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Aluminum of China stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Aluminum of China stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Aluminum of China pay dividends 2024?
Aluminum of China pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-27. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Aluminum of China increase its dividend in 2024?
Decisions regarding Aluminum of China dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Aluminum of China dividend overview you can look into the above table of dividend history.
How Aluminum of China dividend works?
The Aluminum of China dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Aluminum of China's dividend process works:
1. Determination of Dividend: Aluminum of China'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, Aluminum of China 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, Aluminum of China 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 Aluminum of China 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. Determination of Dividend: Aluminum of China'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, Aluminum of China 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, Aluminum of China 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 Aluminum of China 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.
How are Aluminum of China dividends paid?
Aluminum of China dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Aluminum of China 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, Aluminum of China distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Aluminum of China 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.
1. Record Date: Aluminum of China 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, Aluminum of China distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Aluminum of China 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.
How many times does Aluminum of China pay dividends?
Aluminum of China typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Aluminum of China pay dividends?
The general pattern is that Aluminum of China pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Aluminum of China dividend safe?
The safety of Aluminum of China's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Aluminum of China'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 Aluminum of China'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.
To assess the safety of Aluminum of China'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 Aluminum of China'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.