China East Education Holdings Limited, an investment holding company, provides vocational training education services. The company provides vocational training education in culinary arts, information technology and internet technology, auto services, and fashion and beauty sectors. As of December 31, 2021, it operated a network of 231 schools, which included 72 New East Culinary Education centers that offer culinary training programs in the cooking traditions and practices of Chinese cuisines; 45 Omick Education of Western Cuisine and Pastry centers, which provide culinary training on western pastry and western food that include baking, desserts, western cuisines, bartending, and barista training; 33 Xinhua Internet Technology Education centers; 22 Wisezone Data Technology Education centers that provide information and internet technology programs to junior college and university students; 38 Wontone Automotive Education centers, which provide auto repair skill training, and practical training of other auto services, including automobile commerce; 1 On-mind Fashion & Beauty Education center that focuses on skill development of fashion and beauty professionals; and 20 customized catering experience centers under Cuisine Academy brand in Mainland China and Hong Kong. The company also engages in the provision of data technology educational services; and technology development, consulting, and promotion business. China East Education Holdings Limited was founded in 1988 and is headquartered in Hefei, China.
China East Education Dividend Announcement
• China East Education announced a annually dividend of HK$0.20 per ordinary share which will be made payable on 2024-06-27. Ex dividend date: 2024-06-12
• China East Education annual dividend for 2024 was HK$0.20
• China East Education annual dividend for 2023 was HK$0.20
• China East Education's trailing twelve-month (TTM) dividend yield is 6.78%
• China East Education's payout ratio for the trailing twelve months (TTM) is 116.39%
China East Education Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-12 | HK$0.20 | annually | 2024-06-27 |
2023-05-30 | HK$0.20 | annually | 2023-06-29 |
2022-05-30 | HK$0.24 | annually | 2022-06-23 |
2021-05-28 | HK$0.14 | annually | 2021-06-17 |
2020-05-29 | HK$0.21 | annually | 2020-06-23 |
China East Education Dividend per year
China East Education Dividend growth
China East Education Dividend Yield
China East Education current trailing twelve-month (TTM) dividend yield is 6.78%. Interested in purchasing China East Education stock? Use our calculator to estimate your expected dividend yield:
China East Education Financial Ratios
China East Education Dividend FAQ
Other factors to consider when evaluating China East Education 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 East Education'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 East Education 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 East Education 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 East Education 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 East Education 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 East Education 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 East Education 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 East Education'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 East Education'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.