China Cinda Asset Management Co., Ltd. acquires, manages, invests in, and disposes financial and non-financial institution distressed assets in the People's Republic of China. The company operates through Distressed Asset Management Business, and Financial Services Business segments. It is also involved in receivership; foreign investment; securities and futures dealing; financial bond issuance; inter-bank borrowing and lending; commercial financing for other financial institutions; approved asset securitization business; financial institutions custody; and closing and liquidation of business. In addition, the company engages in consulting and advisory business on finance, investment, and legal and risk management; asset and project evaluation; banking business; fund management; asset management; trust; financial leasing services; and real estate and industrial investments and other businesses. Further, it is involved in securities brokerage, real estate development, property leasing, hotel management, and aircraft leasing activities. The company serves customers through 33 branches. China Cinda Asset Management Co., Ltd. was founded in 1999 and is headquartered in Beijing, the People's Republic of China.
China Cinda Asset Management Dividend Announcement
• China Cinda Asset Management announced a annually dividend of HK$0.05 per ordinary share which will be made payable on 2024-08-16. Ex dividend date: 2024-06-28
• China Cinda Asset Management annual dividend for 2024 was HK$0.05
• China Cinda Asset Management annual dividend for 2023 was HK$0.05
• China Cinda Asset Management's trailing twelve-month (TTM) dividend yield is 3.5%
• China Cinda Asset Management's payout ratio for the trailing twelve months (TTM) is 183.40%
• China Cinda Asset Management's dividend growth over the last five years (2018-2023) was -20.39% year
China Cinda Asset Management Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-28 | HK$0.05 | annually | 2024-08-16 |
2023-06-26 | HK$0.05 | annually | 2023-08-18 |
2022-06-30 | HK$0.11 | annually | 2022-08-19 |
2021-06-29 | HK$0.12 | annually | 2021-08-20 |
2020-07-03 | HK$0.11 | annually | 2020-08-14 |
2019-06-27 | HK$0.11 | annually | 2019-08-16 |
2018-07-04 | HK$0.17 | annually | 2018-08-17 |
2017-07-04 | HK$0.14 | annually | 2017-08-18 |
2016-07-05 | HK$0.14 | annually | 2016-08-18 |
2015-07-02 | HK$0.12 | annually | 2015-08-19 |
China Cinda Asset Management Dividend per year
China Cinda Asset Management Dividend growth
China Cinda Asset Management Dividend Yield
China Cinda Asset Management current trailing twelve-month (TTM) dividend yield is 3.5%. Interested in purchasing China Cinda Asset Management stock? Use our calculator to estimate your expected dividend yield:
China Cinda Asset Management Financial Ratios
China Cinda Asset Management Dividend FAQ
Other factors to consider when evaluating China Cinda Asset Management 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 Cinda Asset Management'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 Cinda Asset Management 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 Cinda Asset Management 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 Cinda Asset Management 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 Cinda Asset Management 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 Cinda Asset Management 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 Cinda Asset Management 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 Cinda Asset Management'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 Cinda Asset Management'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.