China Automotive Engineering Research Institute Co., Ltd. provides technical services for automobiles in China. It develops automotive and related product technologies; and offers research and development, testing and evaluation, product certification, software tools, and testing equipment and technical consulting services for automobiles. The company also manufactures logistics special vehicles, sanitation special vehicles, motorcycles, and equipment; gas vehicle systems and components; and rail vehicle transmission systems, braking systems, and key components, as well as offers engineering and CNG vehicle modification services. In addition, it provides instruments and meters, general machinery, electronic components, chemical products, steel, and academic exchanges, as well as house leasing services. The company was formerly known as China Automotive Engineering Research Institute Corporation and changed its name to China Automotive Engineering Research Institute Co., Ltd. in 2010. China Automotive Engineering Research Institute Co., Ltd. was founded in 1965 and is based in Chongqing, China.
China Automotive Engineering Research Institute Dividend Announcement
• China Automotive Engineering Research Institute announced a annually dividend of ¥0.33 per ordinary share which will be made payable on 2024-07-18. Ex dividend date: 2024-07-18
• China Automotive Engineering Research Institute annual dividend for 2024 was ¥0.33
• China Automotive Engineering Research Institute annual dividend for 2023 was ¥0.30
• China Automotive Engineering Research Institute's trailing twelve-month (TTM) dividend yield is 1.83%
• China Automotive Engineering Research Institute's payout ratio for the trailing twelve months (TTM) is 70.37%
• China Automotive Engineering Research Institute's dividend growth over the last five years (2018-2023) was 8.45% year
• China Automotive Engineering Research Institute's dividend growth over the last ten years (2013-2023) was 11.61% year
China Automotive Engineering Research Institute Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-18 | ¥0.33 | annually | 2024-07-18 |
2023-07-26 | ¥0.30 | annually | 2023-07-26 |
2022-08-12 | ¥0.30 | annually | 2022-08-12 |
2021-07-16 | ¥0.30 | annually | 2021-07-16 |
2020-06-24 | ¥0.25 | annually | 2020-06-24 |
2019-07-11 | ¥0.25 | annually | 2019-07-11 |
2018-06-28 | ¥0.20 | annually | 2018-06-28 |
2017-07-21 | ¥0.15 | annually | 2017-07-21 |
2016-06-21 | ¥0.10 | annually | |
2015-05-29 | ¥0.15 | annually | |
2014-05-23 | ¥0.20 | annually | |
2013-06-04 | ¥0.10 | annually |
China Automotive Engineering Research Institute Dividend per year
China Automotive Engineering Research Institute Dividend growth
China Automotive Engineering Research Institute Dividend Yield
China Automotive Engineering Research Institute current trailing twelve-month (TTM) dividend yield is 1.83%. Interested in purchasing China Automotive Engineering Research Institute stock? Use our calculator to estimate your expected dividend yield:
China Automotive Engineering Research Institute Financial Ratios
China Automotive Engineering Research Institute Dividend FAQ
Other factors to consider when evaluating China Automotive Engineering Research Institute 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: China Automotive Engineering Research Institute'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, China Automotive Engineering Research Institute 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, China Automotive Engineering Research Institute 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 China Automotive Engineering Research Institute 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: China Automotive Engineering Research Institute 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, China Automotive Engineering Research Institute distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: China Automotive Engineering Research Institute 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 China Automotive Engineering Research Institute'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 China Automotive Engineering Research Institute'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.