China Harmony Auto Holding Limited, an investment holding company, engages in the sale and service of motor vehicles in Mainland China. The company sells luxury and ultra-luxury passenger vehicles under the BMW, Lexus, Volvo, Audi, MINI, Jaguar, Land Rover, Lincoln, Alfa Romeo, Bentley, Rolls Royce, Ferrari, Lamborghini, and Maserati brands through its 76 dealership outlets. It also offers finance leasing and insurance agency services; and sells pre-owned motor vehicles, as well as imports vehicles. The company was formerly known as China Harmony New Energy Auto Holding Limited and changed its name to China Harmony Auto Holding Limited in July 2020. China Harmony Auto Holding Limited was founded in 2005 and is headquartered in Zhengzhou, the People's Republic of China.
China Harmony Auto Dividend Announcement
• China Harmony Auto announced a annually dividend of HK$0.04 per ordinary share which will be made payable on 2024-08-09. Ex dividend date: 2024-06-21
• China Harmony Auto annual dividend for 2024 was HK$0.04
• China Harmony Auto annual dividend for 2023 was HK$0.07
• China Harmony Auto's trailing twelve-month (TTM) dividend yield is 5.85%
• China Harmony Auto's payout ratio for the trailing twelve months (TTM) is -35.15%
• China Harmony Auto's dividend growth over the last five years (2018-2023) was -12.68% year
China Harmony Auto Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-21 | HK$0.04 | annually | 2024-08-09 |
2023-06-16 | HK$0.07 | annually | 2023-08-11 |
2022-06-22 | HK$0.21 | annually | 2022-08-16 |
2021-06-17 | HK$0.08 | annually | 2021-08-11 |
2020-06-18 | HK$0.07 | annually | 2020-08-13 |
2019-06-17 | HK$0.12 | annually | 2019-08-13 |
2018-06-19 | HK$0.13 | annually | 2018-08-13 |
2016-05-23 | HK$0.12 | annually | 2016-06-14 |
2015-05-14 | HK$0.10 | annually | 2015-06-05 |
2014-07-07 | HK$0.08 | annually | 2014-07-23 |
China Harmony Auto Dividend per year
China Harmony Auto Dividend growth
China Harmony Auto Dividend Yield
China Harmony Auto current trailing twelve-month (TTM) dividend yield is 5.85%. Interested in purchasing China Harmony Auto stock? Use our calculator to estimate your expected dividend yield:
China Harmony Auto Financial Ratios
China Harmony Auto Dividend FAQ
Other factors to consider when evaluating China Harmony Auto 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 Harmony Auto'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 Harmony Auto 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 Harmony Auto 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 Harmony Auto 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 Harmony Auto 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 Harmony Auto 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 Harmony Auto 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 Harmony Auto'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 Harmony Auto'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.