China Avionics Systems Co.,Ltd. provides avionics system technology, products, and solutions for aircraft, engines, and defense systems in China. The company offers flight control systems, radar systems, photoelectric detection systems, cockpit display and control systems, airborne computer and network systems, fire control and command systems, inertial navigation systems, atmospheric data system, comprehensive data Systems, and control boards and dimming control systems. In addition, the company offers non-aviation products, including electronic information, intelligent systems, electromechanical automation, and basic devices supporting system solutions, products, and services. The company was formerly known as China AVIC Electronics Co., Ltd. and changed its name to China Avionics Systems Co.,Ltd. in April 2015. China Avionics Systems Co.,Ltd. was founded in 1999 and is headquartered in Beijing, the People's Republic of China.
China Avionics Systems Dividend Announcement
• China Avionics Systems announced a annually dividend of ¥0.13 per ordinary share which will be made payable on 2024-06-14. Ex dividend date: 2024-06-14
• China Avionics Systems annual dividend for 2024 was ¥0.13
• China Avionics Systems annual dividend for 2023 was ¥0.12
• China Avionics Systems's trailing twelve-month (TTM) dividend yield is 1.01%
• China Avionics Systems's payout ratio for the trailing twelve months (TTM) is 60.44%
• China Avionics Systems's dividend growth over the last five years (2018-2023) was 14.48% year
• China Avionics Systems's dividend growth over the last ten years (2013-2023) was 8.97% year
China Avionics Systems Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-14 | ¥0.13 | annually | 2024-06-14 |
2023-09-27 | ¥0.12 | annually | 2023-09-27 |
2022-06-27 | ¥0.12 | annually | 2022-06-27 |
2021-08-23 | ¥0.10 | annually | 2021-08-23 |
2020-08-17 | ¥0.06 | annually | 2020-08-17 |
2019-07-12 | ¥0.05 | annually | 2019-07-12 |
2018-06-29 | ¥0.06 | annually | 2018-06-29 |
2017-07-07 | ¥0.05 | annually | 2017-07-07 |
2016-07-18 | ¥0.05 | annually | |
2015-08-21 | ¥0.05 | annually | |
2014-07-30 | ¥0.05 | annually | |
2013-08-13 | ¥0.05 | annually |
China Avionics Systems Dividend per year
China Avionics Systems Dividend growth
China Avionics Systems Dividend Yield
China Avionics Systems current trailing twelve-month (TTM) dividend yield is 1.01%. Interested in purchasing China Avionics Systems stock? Use our calculator to estimate your expected dividend yield:
China Avionics Systems Financial Ratios
China Avionics Systems Dividend FAQ
Other factors to consider when evaluating China Avionics Systems 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 Avionics Systems'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 Avionics Systems 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 Avionics Systems 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 Avionics Systems 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 Avionics Systems 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 Avionics Systems 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 Avionics Systems 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 Avionics Systems'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 Avionics Systems'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.