Beijing New Building Materials Public Limited Company manufactures and sells building materials in China and internationally. It provides gypsum, multifunctional, mineral wool, and fiber cement boards; light steel and T-grid studs; paintings; joint compound gypsum, binder, leveling putty, and putty powders; insulating materials, such as rock wool board and felt, and granulated wool; waterproof materials; floorings; and ceiling and partition accessories, and special tools. The company also offers interior and exterior wall systems, and ceiling systems. Its products are used in home decorations, office buildings, hotels, guesthouses, stadiums, subway tunnels, industrial plants, residential buildings, and other commercial and public buildings. The company was founded in 1979 and is based in Beijing, China.
Beijing New Building Materials Dividend Announcement
• Beijing New Building Materials announced a annually dividend of ¥0.83 per ordinary share which will be made payable on 2024-06-19. Ex dividend date: 2024-06-19
• Beijing New Building Materials annual dividend for 2024 was ¥0.83
• Beijing New Building Materials annual dividend for 2023 was ¥0.66
• Beijing New Building Materials's trailing twelve-month (TTM) dividend yield is 2.93%
• Beijing New Building Materials's payout ratio for the trailing twelve months (TTM) is 65.06%
• Beijing New Building Materials's dividend growth over the last five years (2018-2023) was 13.03% year
• Beijing New Building Materials's dividend growth over the last ten years (2013-2023) was 7.50% year
Beijing New Building Materials Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-19 | ¥0.83 | annually | 2024-06-19 |
2023-06-09 | ¥0.66 | annually | 2023-06-09 |
2022-06-09 | ¥0.66 | annually | 2022-06-09 |
2021-06-11 | ¥0.55 | annually | 2021-06-11 |
2020-06-11 | ¥0.08 | annually | 2020-06-11 |
2019-06-20 | ¥0.46 | annually | 2019-06-20 |
2018-06-07 | ¥0.35 | annually | 2018-06-07 |
2017-05-16 | ¥0.18 | annually | 2017-05-16 |
2016-05-13 | ¥0.17 | annually | |
2015-06-11 | ¥0.42 | annually | |
2014-06-12 | ¥0.43 | annually | |
2013-06-14 | ¥0.32 | annually |
Beijing New Building Materials Dividend per year
Beijing New Building Materials Dividend growth
Beijing New Building Materials Dividend Yield
Beijing New Building Materials current trailing twelve-month (TTM) dividend yield is 2.93%. Interested in purchasing Beijing New Building Materials stock? Use our calculator to estimate your expected dividend yield:
Beijing New Building Materials Financial Ratios
Beijing New Building Materials Dividend FAQ
Other factors to consider when evaluating Beijing New Building Materials 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: Beijing New Building Materials'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, Beijing New Building Materials 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, Beijing New Building Materials 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 Beijing New Building Materials 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: Beijing New Building Materials 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, Beijing New Building Materials distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Beijing New Building Materials 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 Beijing New Building Materials'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 Beijing New Building Materials'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.