Besttone Holding Co.,Ltd engages in travel booking, hotel, and telecommunication management and integration operations. The company primarily provides business travel and mall integrated business e-commerce services. Its travel reservations business provides air tickets, hotels, catering, tourism, and business and other ticket services through voice platforms, and Internet and mobile terminals. The company also operates and manages hotels and telecommunications integration platforms. In addition, it offers property management, exhibition, information, advertising design, industrial investment, and asset management services, as well as acts as ticketing and card/terminal agent. The company was formerly known as China Satcom Guomai Communications Co., Ltd. and changed its name to Besttone Holding Co.,Ltd in August 2012. Besttone Holding Co.,Ltd was founded in 1992 and is based in Shanghai, China. Besttone Holding Co.,Ltd is a subsidiary of China Telecommunications Corporation.
Besttone Dividend Announcement
• Besttone announced a annually dividend of ¥0.00 per ordinary share which will be made payable on 2024-07-25. Ex dividend date: 2024-07-25
• Besttone annual dividend for 2024 was ¥0.00
• Besttone's trailing twelve-month (TTM) dividend yield is 0.01%
• Besttone's payout ratio for the trailing twelve months (TTM) is -85.30%
Besttone Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-25 | ¥0.00 | annually | 2024-07-25 |
2021-08-05 | ¥0.00 | annually | 2021-08-05 |
2020-07-16 | ¥0.05 | annually | 2020-07-16 |
2019-07-16 | ¥0.10 | annually | 2019-07-16 |
2018-07-25 | ¥0.10 | annually | 2018-07-25 |
2017-07-14 | ¥0.01 | annually | 2017-07-14 |
2016-07-15 | ¥0.03 | annually | |
2015-07-16 | ¥0.05 | annually | |
2014-07-17 | ¥0.05 | annually | |
2008-06-17 | ¥0.15 | annually | |
2004-09-02 | ¥0.02 | annually | |
2003-06-13 | ¥0.03 | annually |
Besttone Dividend per year
Besttone Dividend growth
Besttone Dividend Yield
Besttone current trailing twelve-month (TTM) dividend yield is 0.01%. Interested in purchasing Besttone stock? Use our calculator to estimate your expected dividend yield:
Besttone Financial Ratios
Besttone Dividend FAQ
Other factors to consider when evaluating Besttone 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: Besttone'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, Besttone 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, Besttone 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 Besttone 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: Besttone 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, Besttone distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Besttone 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 Besttone'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 Besttone'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.