Anhui Honglu Steel Construction(Group) CO., LTD manufactures and sells steel structures in China and internationally. It also is involved in the production and sale of green building materials; and steel structure prefabricated construction and general contracting business. The company's products are used in super high-rise buildings and public rental housing, commercial houses, commercial centers, large venues, industrial plants, terminal buildings, bridges, petrochemical equipment brackets, and other fields. It markets its products to approximately 37 countries. The company was founded in 2002 and is based in Hefei, China.
Anhui Honglu Steel Construction Dividend Announcement
• Anhui Honglu Steel Construction announced a annually dividend of ¥0.52 per ordinary share which will be made payable on 2024-05-21. Ex dividend date: 2024-05-21
• Anhui Honglu Steel Construction annual dividend for 2024 was ¥0.52
• Anhui Honglu Steel Construction annual dividend for 2023 was ¥0.26
• Anhui Honglu Steel Construction 's trailing twelve-month (TTM) dividend yield is 2.82%
• Anhui Honglu Steel Construction 's payout ratio for the trailing twelve months (TTM) is 81.01%
• Anhui Honglu Steel Construction 's dividend growth over the last five years (2018-2023) was 31.95% year
• Anhui Honglu Steel Construction 's dividend growth over the last ten years (2013-2023) was 20.58% year
Anhui Honglu Steel Construction Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-21 | ¥0.52 | annually | 2024-05-21 |
2023-06-14 | ¥0.26 | annually | 2023-06-14 |
2022-06-15 | ¥0.33 | annually | 2022-06-15 |
2021-06-09 | ¥0.23 | annually | 2021-06-09 |
2020-06-23 | ¥0.16 | annually | 2020-06-23 |
2019-06-14 | ¥0.09 | annually | 2019-06-14 |
2018-06-12 | ¥0.07 | annually | 2018-06-12 |
2017-06-09 | ¥0.05 | annually | 2017-06-09 |
2016-04-13 | ¥0.07 | annually | |
2015-06-10 | ¥0.07 | annually | |
2014-06-10 | ¥0.07 | annually | |
2013-05-10 | ¥0.04 | annually |
Anhui Honglu Steel Construction Dividend per year
Anhui Honglu Steel Construction Dividend growth
Anhui Honglu Steel Construction Dividend Yield
Anhui Honglu Steel Construction current trailing twelve-month (TTM) dividend yield is 2.82%. Interested in purchasing Anhui Honglu Steel Construction stock? Use our calculator to estimate your expected dividend yield:
Anhui Honglu Steel Construction Financial Ratios
Anhui Honglu Steel Construction Dividend FAQ
Other factors to consider when evaluating Anhui Honglu Steel Construction 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: Anhui Honglu Steel Construction '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, Anhui Honglu Steel Construction 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, Anhui Honglu Steel Construction 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 Anhui Honglu Steel Construction 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: Anhui Honglu Steel Construction 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, Anhui Honglu Steel Construction distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Anhui Honglu Steel Construction 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 Anhui Honglu Steel Construction '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 Anhui Honglu Steel Construction '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.