Changshu Fengfan Power Equipment Co., Ltd. engages in the production and sale of angle steel towers, steel pipe composite towers, pipelines, substation structural supports, steel pipe poles, steel structure parts, and other products in China. It is also involved in the sale of fuel oil and asphalt; metal products; raw materials for textiles and knitwear; chemical products; and non-ferrous metals. In addition, the company engages in the provision of mergers and acquisitions, corporate assets reorganizations, asset management, and investment management services; management consulting, marketing planning, market information consulting, and planning services. The company also exports its products to Australia, Algeria, Bangladesh, Pakistan, Poland, Iran, Iraq, South Korea, Myanmar, Tajikistan, Africa, Congo, Peru, Chile, Equatorial Guinea, etc. Changshu Fengfan Power Equipment Co., Ltd. was founded in 1993 and is based in Changshu, China.
Changshu Fengfan Power Equipment Dividend Announcement
• Changshu Fengfan Power Equipment announced a annually dividend of ¥0.05 per ordinary share which will be made payable on 2024-06-19. Ex dividend date: 2024-06-19
• Changshu Fengfan Power Equipment annual dividend for 2024 was ¥0.05
• Changshu Fengfan Power Equipment annual dividend for 2023 was ¥0.01
• Changshu Fengfan Power Equipment's trailing twelve-month (TTM) dividend yield is 1.0%
• Changshu Fengfan Power Equipment's payout ratio for the trailing twelve months (TTM) is 103.91%
Changshu Fengfan Power Equipment Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-19 | ¥0.05 | annually | 2024-06-19 |
2023-06-20 | ¥0.01 | annually | 2023-06-20 |
2022-05-27 | ¥0.05 | annually | 2022-05-27 |
2021-05-14 | ¥0.10 | annually | 2021-05-14 |
2019-05-31 | ¥0.18 | annually | 2019-05-31 |
2018-07-05 | ¥0.10 | annually | 2018-07-05 |
2017-06-15 | ¥0.15 | annually | 2017-06-15 |
2016-06-13 | ¥0.15 | annually | |
2015-05-13 | ¥0.43 | annually | |
2014-05-05 | ¥0.32 | annually | |
2013-04-02 | ¥0.50 | annually | |
2012-06-11 | ¥0.20 | annually |
Changshu Fengfan Power Equipment Dividend per year
Changshu Fengfan Power Equipment Dividend growth
Changshu Fengfan Power Equipment Dividend Yield
Changshu Fengfan Power Equipment current trailing twelve-month (TTM) dividend yield is 1.0%. Interested in purchasing Changshu Fengfan Power Equipment stock? Use our calculator to estimate your expected dividend yield:
Changshu Fengfan Power Equipment Financial Ratios
Changshu Fengfan Power Equipment Dividend FAQ
Other factors to consider when evaluating Changshu Fengfan Power Equipment 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: Changshu Fengfan Power Equipment'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, Changshu Fengfan Power Equipment 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, Changshu Fengfan Power Equipment 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 Changshu Fengfan Power Equipment 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: Changshu Fengfan Power Equipment 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, Changshu Fengfan Power Equipment distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Changshu Fengfan Power Equipment 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 Changshu Fengfan Power Equipment'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 Changshu Fengfan Power Equipment'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.