Bestway Marine & Energy Technology Co.,Ltd provides marine and offshore engineering research and design services in China. It offers marine and offshore engineering research and design services for merchants, passengers, public, and marine engineering ships, as well as marine engineering structures; marine and offshore engineering supervision and technical consultancy services; yacht design; and ship building engineering package contracting services, ship decoration, marine equipment import and export, logistics, etc. The company also manufactures and sells various ships, such as bulkers, boxships, tankers, gas carriers, RoRo ships, public use boats, steel yachts, offshore ships, platforms and platform modules, jack-up legs, jackets, and other steel constructions; offshore and petroleum-related equipment and pipeline robots; and furniture. In addition, it engages in the development of petroleum related inspection and anti-corrosion technology; design of municipal pipeline; provision of various services, such as general freight transportation, warehousing, logistics distribution, goods clearance, ship management, ship maintenance, crew training for LNG power ships, berth rental, yacht repairing and maintenance, yacht register, ship chartering, shipping consultancy, freight forwarding and shipment, seaman recruiting and management, and marine EMC services; interior decoration of yacht and luxury passenger ship, as well as other ship types; and decoration of high-end hotels and clubs. Further, the company is involved in the natural gas business; provision of optimized energy solutions and domestic shipping service; and operation of ecological farms, leisure tourism, yachts, clubs, and resort communities. The company was formerly known as Shanghai Bestway Marine Engineering Design Co., Ltd. and changed its name to Bestway Marine & Energy Technology Co.,Ltd in May 2016. The company was founded in 2001 and is based in Shanghai, China.
Bestway Marine & Energy Technology Dividend Announcement
• Bestway Marine & Energy Technology announced a annually dividend of ¥0.02 per ordinary share which will be made payable on 2018-05-25. Ex dividend date: 2018-05-25
• Bestway Marine & Energy Technology's trailing twelve-month (TTM) dividend yield is -%
• Bestway Marine & Energy Technology's payout ratio for the trailing twelve months (TTM) is 35.86%
Bestway Marine & Energy Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2018-05-25 | ¥0.02 | annually | 2018-05-25 |
2017-05-19 | ¥0.10 | annually | 2017-05-19 |
2015-05-18 | ¥0.05 | annually | |
2014-04-21 | ¥0.05 | annually | |
2013-04-26 | ¥0.08 | annually | |
2012-04-23 | ¥0.17 | annually | |
2011-03-07 | ¥0.51 | annually | |
2010-04-16 | ¥0.60 | annually |
Bestway Marine & Energy Technology Dividend per year
Bestway Marine & Energy Technology Dividend growth
Bestway Marine & Energy Technology Dividend Yield
Bestway Marine & Energy Technology current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Bestway Marine & Energy Technology stock? Use our calculator to estimate your expected dividend yield:
Bestway Marine & Energy Technology Financial Ratios
Bestway Marine & Energy Technology Dividend FAQ
Other factors to consider when evaluating Bestway Marine & Energy Technology 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.
Place an order: Use the brokerage's trading platform to place an order to buy Bestway Marine & Energy Technology 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.
1. Determination of Dividend: Bestway Marine & Energy Technology'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, Bestway Marine & Energy Technology 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, Bestway Marine & Energy Technology 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 Bestway Marine & Energy Technology 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: Bestway Marine & Energy Technology 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, Bestway Marine & Energy Technology distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Bestway Marine & Energy Technology 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 Bestway Marine & Energy Technology'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 Bestway Marine & Energy Technology'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.