Changchun FAWAY Automobile Components Co.,Ltd, together with its subsidiaries, researches, designs, develops, manufactures, and sells auto parts in China. It offers car seats, dashboards, door panels, seat frames, bumpers, door sill assemblies, front wall module assemblies, radiator grille assemblies, spoilers, rearview mirrors, car filters, automotive lighting devices, automotive stamping and welding products, wheel assemblies, automobile wheels, accessories, and other parts and components. The company was formerly known as Changchun FAW Sihuan Automobile Co., Ltd. and changed its name to Changchun FAWAY Automobile Components Co.,Ltd in December 2008. Changchun FAWAY Automobile Components Co.,Ltd was founded in 1993 and is headquartered in Changchun, China.
Changchun FAWAY Automobile Components Dividend Announcement
• Changchun FAWAY Automobile Components announced a annually dividend of ¥0.25 per ordinary share which will be made payable on 2024-06-20. Ex dividend date: 2024-06-20
• Changchun FAWAY Automobile Components annual dividend for 2024 was ¥0.25
• Changchun FAWAY Automobile Components annual dividend for 2023 was ¥0.25
• Changchun FAWAY Automobile Components's trailing twelve-month (TTM) dividend yield is 2.78%
• Changchun FAWAY Automobile Components's payout ratio for the trailing twelve months (TTM) is 39.19%
• Changchun FAWAY Automobile Components's dividend growth over the last five years (2018-2023) was -12.94% year
• Changchun FAWAY Automobile Components's dividend growth over the last ten years (2013-2023) was -7.75% year
Changchun FAWAY Automobile Components Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-20 | ¥0.25 | annually | 2024-06-20 |
2023-06-30 | ¥0.25 | annually | 2023-06-30 |
2022-06-22 | ¥0.30 | annually | 2022-06-22 |
2021-05-21 | ¥0.30 | annually | 2021-05-21 |
2020-06-24 | ¥0.20 | annually | 2020-06-24 |
2019-06-21 | ¥0.46 | annually | 2019-06-21 |
2018-06-08 | ¥0.50 | annually | 2018-06-08 |
2017-06-20 | ¥0.50 | annually | 2017-06-20 |
2016-06-21 | ¥0.50 | annually | |
2015-06-09 | ¥0.48 | annually | |
2014-06-17 | ¥0.35 | annually | |
2013-06-18 | ¥0.56 | annually |
Changchun FAWAY Automobile Components Dividend per year
Changchun FAWAY Automobile Components Dividend growth
Changchun FAWAY Automobile Components Dividend Yield
Changchun FAWAY Automobile Components current trailing twelve-month (TTM) dividend yield is 2.78%. Interested in purchasing Changchun FAWAY Automobile Components stock? Use our calculator to estimate your expected dividend yield:
Changchun FAWAY Automobile Components Financial Ratios
Changchun FAWAY Automobile Components Dividend FAQ
Other factors to consider when evaluating Changchun FAWAY Automobile Components 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: Changchun FAWAY Automobile Components'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, Changchun FAWAY Automobile Components 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, Changchun FAWAY Automobile Components 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 Changchun FAWAY Automobile Components 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: Changchun FAWAY Automobile Components 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, Changchun FAWAY Automobile Components distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Changchun FAWAY Automobile Components 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 Changchun FAWAY Automobile Components'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 Changchun FAWAY Automobile Components'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.