China Hongqiao Group Limited, an investment holding company, manufactures and sells aluminum products in the People's Republic of China and Indonesia. The company's products include molten aluminum alloys, aluminum alloy ingots, aluminum busbars, aluminum alloy processing, and alumina products. It also engages in the research, development, manufacture, trading, and sale of bauxite; production and sale of electricity; port operation; trading of carbons, iron ores, and light alloy materials; railway design and construction; and provision of financial leasing and business advisory services. The company was founded in 1994 and is headquartered in Zouping, the People's Republic of China. China Hongqiao Group Limited is a subsidiary of China Hongqiao Holdings Limited.
China Hongqiao Dividend Announcement
• China Hongqiao announced a semi annually dividend of HK$0.59 per ordinary share which will be made payable on 2024-12-06. Ex dividend date: 2024-11-14
• China Hongqiao annual dividend for 2024 was HK$0.88
• China Hongqiao annual dividend for 2023 was HK$0.32
• China Hongqiao's trailing twelve-month (TTM) dividend yield is 3.89%
• China Hongqiao's payout ratio for the trailing twelve months (TTM) is 24.06%
• China Hongqiao's dividend growth over the last five years (2018-2023) was -4.36% year
China Hongqiao Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-14 | HK$0.59 | semi annually | 2024-12-06 |
2024-05-22 | HK$0.29 | semi annually | 2024-06-14 |
2023-11-16 | HK$0.22 | semi annually | 2023-12-08 |
2023-05-23 | HK$0.10 | semi annually | 2023-06-16 |
2022-11-10 | HK$0.41 | semi annually | 2022-12-02 |
2022-05-23 | HK$0.60 | semi annually | 2022-06-17 |
2021-11-04 | HK$0.45 | semi annually | 2021-11-26 |
2021-06-03 | HK$0.50 | semi annually | 2021-06-25 |
2020-11-05 | HK$0.15 | semi annually | 2020-11-27 |
2020-06-04 | HK$0.34 | semi annually | 2020-06-26 |
2019-06-05 | HK$0.24 | semi annually | 2019-06-19 |
2018-06-01 | HK$0.20 | semi annually | 2018-06-29 |
2018-01-29 | HK$0.20 | semi annually | 2018-02-09 |
2016-06-02 | HK$0.15 | semi annually | 2016-06-28 |
2015-05-29 | HK$0.28 | semi annually | 2015-06-26 |
2014-05-30 | HK$0.27 | semi annually | 2014-06-27 |
2013-05-20 | HK$0.26 | semi annually | 2013-06-07 |
2012-05-17 | HK$0.32 | semi annually | 2012-06-05 |
China Hongqiao Dividend per year
China Hongqiao Dividend growth
China Hongqiao Dividend Yield
China Hongqiao current trailing twelve-month (TTM) dividend yield is 3.89%. Interested in purchasing China Hongqiao stock? Use our calculator to estimate your expected dividend yield:
China Hongqiao Financial Ratios
China Hongqiao Dividend FAQ
Other factors to consider when evaluating China Hongqiao 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 Hongqiao'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 Hongqiao 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 Hongqiao 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 Hongqiao 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 Hongqiao 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 Hongqiao 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 Hongqiao 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 Hongqiao'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 Hongqiao'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.