AVIC Heavy Machinery Co., Ltd. engages in aviation and civil forging and casting business in China. It is also involved in the research, development, and production of military and civilian high-pressure plunger pumps; and hydraulic environmental control products. The company also manufactures aviation environmental control accessories and civil heat exchangers, including heat exchangers, high-speed rotating machinery, oil tanks, cooling devices, and high-temperature insulation components for hydraulic systems and lubrication systems used in construction machinery, air compressors, wind power, medical, high-speed rail, and other industries. It also exports its products to Europe, the United States, Oceania, and the Asia-Pacific. AVIC Heavy Machinery Co., Ltd. is based in Guiyang, China. AVIC Heavy Machinery Co., Ltd. is a subsidiary of Aviation Industry Corporation of China,Ltd.
AVIC Heavy Machinery Dividend Announcement
• AVIC Heavy Machinery announced a annually dividend of ¥0.27 per ordinary share which will be made payable on 2024-06-14. Ex dividend date: 2024-06-14
• AVIC Heavy Machinery annual dividend for 2024 was ¥0.27
• AVIC Heavy Machinery annual dividend for 2023 was ¥0.17
• AVIC Heavy Machinery's trailing twelve-month (TTM) dividend yield is 1.29%
• AVIC Heavy Machinery's payout ratio for the trailing twelve months (TTM) is 53.27%
• AVIC Heavy Machinery's dividend growth over the last five years (2018-2023) was 52.51% year
• AVIC Heavy Machinery's dividend growth over the last ten years (2013-2023) was 15.22% year
AVIC Heavy Machinery Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-14 | ¥0.27 | annually | 2024-06-14 |
2023-05-31 | ¥0.17 | annually | 2023-05-31 |
2022-05-19 | ¥0.24 | annually | 2022-05-19 |
2021-04-20 | ¥0.05 | annually | 2021-04-20 |
2020-06-04 | ¥0.04 | annually | 2020-06-04 |
2019-05-17 | ¥0.04 | annually | 2019-05-17 |
2018-06-28 | ¥0.02 | annually | 2018-06-28 |
2017-06-27 | ¥0.04 | annually | 2017-06-27 |
2016-06-24 | ¥0.04 | annually | |
2015-06-25 | ¥0.04 | annually | |
2014-06-25 | ¥0.04 | annually | |
2013-06-19 | ¥0.04 | annually |
AVIC Heavy Machinery Dividend per year
AVIC Heavy Machinery Dividend growth
AVIC Heavy Machinery Dividend Yield
AVIC Heavy Machinery current trailing twelve-month (TTM) dividend yield is 1.29%. Interested in purchasing AVIC Heavy Machinery stock? Use our calculator to estimate your expected dividend yield:
AVIC Heavy Machinery Financial Ratios
AVIC Heavy Machinery Dividend FAQ
Other factors to consider when evaluating AVIC Heavy Machinery 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: AVIC Heavy Machinery'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, AVIC Heavy Machinery 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, AVIC Heavy Machinery 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 AVIC Heavy Machinery 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: AVIC Heavy Machinery 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, AVIC Heavy Machinery distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: AVIC Heavy Machinery 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 AVIC Heavy Machinery'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 AVIC Heavy Machinery'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.