China Design Group Co., Ltd. provides engineering survey and design services in China. It offers design and research, railway planning and design, environment protection, engineering general contracting and inspection, integration development, and planning and engineering consulting, research and development, testing and monitoring, project management, professional construction, and post-operation services. The company was formerly known as Jiangsu Province Communications Planning and Design Institute Limited Company and changed its name to China Design Group Co., Ltd. in July 2016. China Design Group Co., Ltd. was founded in 1966 and is headquartered in Nanjing, the People's Republic of China.
China Design Dividend Announcement
• China Design announced a annually dividend of ¥0.31 per ordinary share which will be made payable on 2024-07-05. Ex dividend date: 2024-07-05
• China Design annual dividend for 2024 was ¥0.31
• China Design annual dividend for 2023 was ¥0.26
• China Design's trailing twelve-month (TTM) dividend yield is 3.33%
• China Design's payout ratio for the trailing twelve months (TTM) is 67.88%
• China Design's dividend growth over the last five years (2018-2023) was -9.15% year
China Design Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-05 | ¥0.31 | annually | 2024-07-05 |
2023-06-13 | ¥0.26 | annually | 2023-06-13 |
2022-04-28 | ¥0.26 | annually | 2022-04-28 |
2021-06-10 | ¥0.21 | annually | 2021-06-10 |
2020-06-02 | ¥0.25 | annually | 2020-06-02 |
2019-05-17 | ¥0.38 | annually | 2019-05-17 |
2018-04-26 | ¥0.42 | annually | 2018-04-26 |
2017-05-05 | ¥0.31 | annually | 2017-05-05 |
2016-05-11 | ¥0.50 | annually | |
2015-06-18 | ¥0.35 | annually |
China Design Dividend per year
China Design Dividend growth
China Design Dividend Yield
China Design current trailing twelve-month (TTM) dividend yield is 3.33%. Interested in purchasing China Design stock? Use our calculator to estimate your expected dividend yield:
China Design Financial Ratios
China Design Dividend FAQ
Other factors to consider when evaluating China Design 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 Design'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 Design 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 Design 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 Design 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 Design 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 Design 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 Design 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 Design'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 Design'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.