Changchun High-Tech Industries (Group) Inc., together with its subsidiaries, manufactures and sells biopharmaceuticals and proprietary Chinese medicines in China. It also engages in real estate development, property management, and real estate leasing services. The company was formerly known as Changchun High & New Technology Industry (Group) Inc. Changchun High-Tech Industries (Group) Inc. was founded in 1993 and is based in Changchun, China.
• Changchun High-Tech Industries announced a annually dividend of ¥4.50 per ordinary share which will be made payable on . Ex dividend date: 2024-04-18 • Changchun High-Tech Industries annual dividend for 2024 was ¥4.50 • Changchun High-Tech Industries annual dividend for 2023 was ¥1.00 • Changchun High-Tech Industries's trailing twelve-month (TTM) dividend yield is 3.93% • Changchun High-Tech Industries's payout ratio for the trailing twelve months (TTM) is 60.42% • Changchun High-Tech Industries's dividend growth over the last five years (2018-2023) was 4.56% year • Changchun High-Tech Industries's dividend growth over the last ten years (2013-2023) was 19.09% year
Changchun High-Tech Industries current trailing twelve-month (TTM) dividend yield is 3.93%. Interested in purchasing Changchun High-Tech Industries stock? Use our calculator to estimate your expected dividend yield:
Changchun High-Tech Industries Financial Ratios
P/E ratio12.27
PEG ratio1.29
P/B ratio1.98
ROE16.52%
Payout ratio60.42%
Current ratio4.89
Quick ratio3.57
Cash Ratio1.88
Changchun High-Tech Industries Dividend FAQ
How much is the next Changchun High-Tech Industries dividend?
Changchun High-Tech Industries's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Changchun High-Tech Industries dividend. The next Changchun High-Tech Industries dividend will be released in April.
When is Changchun High-Tech Industries dividend paid?
Changchun High-Tech Industries pays dividends on a annually basis. The specific dates may vary each year but are generally around April. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Changchun High-Tech Industries pay?
The specific amount of Changchun High-Tech Industries dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Changchun High-Tech Industries's dividend history.
Does Changchun High-Tech Industries stock pay dividends?
Yes, Changchun High-Tech Industries does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Changchun High-Tech Industries's dividend history.
How much dividend does Changchun High-Tech Industries pay?
Changchun High-Tech Industries paid ¥4.5 in 2024, ¥1.0 in 2023, ¥0.8 in 2022, ¥0.8 in 2021, and ¥1.0 in 2020.
How often does Changchun High-Tech Industries pay dividends?
Changchun High-Tech Industries typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around April.
What is Changchun High-Tech Industries's dividend yield?
The current dividend yield for Changchun High-Tech Industries is 3.93%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Changchun High-Tech Industries's exact dividend yield.
When does Changchun High-Tech Industries go ex dividend?
Changchun High-Tech Industries's ex-dividend date for the latest dividend was on 2024-04-18. Changchun High-Tech Industries typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Changchun High-Tech Industries dividend paid?
Changchun High-Tech Industries pays dividends on a annually basis, typically around April, but the exact dates can vary each year.
Will Changchun High-Tech Industries increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Changchun High-Tech Industries will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Changchun High-Tech Industries dividend per share?
Changchun High-Tech Industries paid ¥4.5 per share in 2024 and ¥1.0 per share in 2023. The amount of dividend per share that Changchun High-Tech Industries pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Changchun High-Tech Industries a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Changchun High-Tech Industries a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Changchun High-Tech Industries a dividend stock?
Yes, Changchun High-Tech Industries is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Changchun High-Tech Industries a good dividend stock?
Whether Changchun High-Tech Industries is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Changchun High-Tech Industries has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Changchun High-Tech Industries 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.
Does Changchun High-Tech Industries pay dividends monthly?
Changchun High-Tech Industries typically pays dividends on a annually basis.
Does Changchun High-Tech Industries pay dividends quarterly?
Changchun High-Tech Industries currently pays dividends on a annually basis.
Has Changchun High-Tech Industries ever paid a dividend?
Yes, Changchun High-Tech Industries has a history of paying dividends to its shareholders. Changchun High-Tech Industries is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Changchun High-Tech Industries dividend stocks?
To buy Changchun High-Tech Industries you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Changchun High-Tech Industries 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.
When does Changchun High-Tech Industries pay dividends 2024?
Changchun High-Tech Industries pays dividends on a annually basis. 2024 dividend payments are in . However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Changchun High-Tech Industries increase its dividend in 2024?
Decisions regarding Changchun High-Tech Industries dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Changchun High-Tech Industries dividend overview you can look into the above table of dividend history.
How Changchun High-Tech Industries dividend works?
The Changchun High-Tech Industries dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Changchun High-Tech Industries's dividend process works:
1. Determination of Dividend: Changchun High-Tech Industries'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 High-Tech Industries 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 High-Tech Industries 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 High-Tech Industries 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.
How are Changchun High-Tech Industries dividends paid?
Changchun High-Tech Industries dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Changchun High-Tech Industries 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 High-Tech Industries 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 High-Tech Industries 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.
How many times does Changchun High-Tech Industries pay dividends?
Changchun High-Tech Industries typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Changchun High-Tech Industries pay dividends?
The general pattern is that Changchun High-Tech Industries pays dividends around April. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Changchun High-Tech Industries dividend safe?
The safety of Changchun High-Tech Industries's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Changchun High-Tech Industries'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 High-Tech Industries'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.