China Huarong Asset Management Co., Ltd., together with its subsidiaries, provides various financial asset management services. It operates through three segments: Distressed Asset Management Operations, Financial Services Operations, and Asset Management and Investment Operations. The company manages, invests in, and disposes debt-to-equity swap assets; accepts deposits from customers; and offers loans to corporates and individuals. It also provides bankruptcy management, investment, securities dealing assets and project evaluation, clearing and settlement, financial leasing, securities and futures, fund and asset management, trust, real estate and industrial investment, investment banking, and other services; financial bonds issuance, inter-bank borrowing and lending, and commercial financing services for other financial institutions; and investment, legal, and risk management services, as well as consulting and advisory business services on finance. In addition, the company is also involved in asset securitization, financial institutions custody, and closing and liquidation of businesses. It operates 33 branches in 30 provinces, autonomous regions, and municipalities in Mainland China, and Hong Kong and Macau. The company was founded in 1999 and is headquartered in Beijing, the People's Republic of China.
China Huarong Asset Management Dividend Announcement
• China Huarong Asset Management announced a annually dividend of HK$0.01 per ordinary share which will be made payable on 2020-08-31. Ex dividend date: 2020-07-03
• China Huarong Asset Management's trailing twelve-month (TTM) dividend yield is -%
• China Huarong Asset Management's payout ratio for the trailing twelve months (TTM) is 53.16%
China Huarong Asset Management Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2020-07-03 | HK$0.01 | annually | 2020-08-31 |
2019-06-25 | HK$0.01 | annually | 2019-08-22 |
2018-04-11 | HK$0.17 | annually | 2018-05-21 |
2017-05-16 | HK$0.15 | annually | 2017-08-25 |
China Huarong Asset Management Dividend per year
China Huarong Asset Management Dividend growth
China Huarong Asset Management Dividend Yield
China Huarong Asset Management current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing China Huarong Asset Management stock? Use our calculator to estimate your expected dividend yield:
China Huarong Asset Management Financial Ratios
China Huarong Asset Management Dividend FAQ
Other factors to consider when evaluating China Huarong 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 Huarong 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 Huarong 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 Huarong 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 Huarong 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 Huarong 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 Huarong 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 Huarong 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 Huarong 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 Huarong 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.