China Chengtong Development Group Limited, an investment holding company, engages in the bulk commodity trading, property development and investment, leasing, marine recreation, and hotel businesses in the People's Republic of China. It operates through four segments: Leasing; Bulk Commodity Trade; Property Development and Investment; and Marine Recreation Services and Hotel. The Leasing segment provides leasing services, including finance lease, sale and leaseback, and operating lease. The Bulk Commodity Trade segment trades in coal, steel, and chemical products. The Property Development and Investment segment holds land for property development projects, as well as investment properties for appreciation; and provides rental services. The Marine Recreation Services and Hotel segment offers marine recreation, hotel, and travel agency services. The company is based in Wanchai, Hong Kong. China Chengtong Development Group Limited is a subsidiary of World Gain Holdings Limited.
China Chengtong Development Dividend Announcement
• China Chengtong Development announced a annually dividend of HK$0.00 per ordinary share which will be made payable on 2024-07-19. Ex dividend date: 2024-07-03
• China Chengtong Development annual dividend for 2024 was HK$0.00
• China Chengtong Development annual dividend for 2023 was HK$0.00
• China Chengtong Development's trailing twelve-month (TTM) dividend yield is 3.21%
• China Chengtong Development's payout ratio for the trailing twelve months (TTM) is 41.57%
China Chengtong Development Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-03 | HK$0.00 | annually | 2024-07-19 |
2023-07-05 | HK$0.00 | annually | 2023-07-21 |
2022-07-06 | HK$0.01 | annually | 2022-07-29 |
2021-07-05 | HK$0.01 | annually | 2021-08-13 |
2011-05-17 | HK$0.01 | annually |
China Chengtong Development Dividend per year
China Chengtong Development Dividend growth
China Chengtong Development Dividend Yield
China Chengtong Development current trailing twelve-month (TTM) dividend yield is 3.21%. Interested in purchasing China Chengtong Development stock? Use our calculator to estimate your expected dividend yield:
China Chengtong Development Financial Ratios
China Chengtong Development Dividend FAQ
Other factors to consider when evaluating China Chengtong Development 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 Chengtong Development'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 Chengtong Development 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 Chengtong Development 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 Chengtong Development 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 Chengtong Development 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 Chengtong Development 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 Chengtong Development 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 Chengtong Development'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 Chengtong Development'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.