China MeiDong Auto Holdings Limited, an investment holding company, operates as an automobile dealer in the People's Republic of China. The company is involved in the sale of new passenger cars and spare parts; and provision of service and survey. It also provides after-sales services, such as auto registration, insurance, auto parts, repair and replacement, sales and maintenance of automotive supplies, etc.; financing referral solutions; and other value added services. In addition, the company engages in the trading of used vehicles and property management. Its dealership stores cover various automobile brands comprising BMW/Mini, Audi, Lexus, Toyota, Hyundai, and Porsche. As of December 31, 2021, it operated 70 self-operated stores in Beijing, Hebei, Hubei, Hunan, Jiangxi, Fujian, Guangdong, Gansu, and Anhui provinces. The company was founded in 2003 and is headquartered in Dongguan, the People's Republic of China. China MeiDong Auto Holdings Limited is a subsidiary of Apex Sail Limited.
China MeiDong Auto Dividend Announcement
• China MeiDong Auto announced a semi annually dividend of HK$0.04 per ordinary share which will be made payable on 2024-08-21. Ex dividend date: 2024-06-14
• China MeiDong Auto annual dividend for 2024 was HK$0.04
• China MeiDong Auto annual dividend for 2023 was HK$0.14
• China MeiDong Auto's trailing twelve-month (TTM) dividend yield is 1.69%
• China MeiDong Auto's payout ratio for the trailing twelve months (TTM) is 228.02%
• China MeiDong Auto's dividend growth over the last five years (2018-2023) was 1.21% year
China MeiDong Auto Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-14 | HK$0.04 | semi annually | 2024-08-21 |
2023-09-20 | HK$0.01 | semi annually | 2023-12-20 |
2023-06-15 | HK$0.13 | semi annually | 2023-08-17 |
2022-09-21 | HK$0.08 | semi annually | 2022-12-28 |
2022-07-13 | HK$0.70 | semi annually | 2022-08-18 |
2021-09-15 | HK$0.13 | semi annually | 2021-10-28 |
2021-09-07 | HK$0.13 | semi annually | |
2021-05-31 | HK$0.24 | semi annually | 2021-07-21 |
2020-09-07 | HK$0.15 | semi annually | 2020-09-24 |
2020-06-01 | HK$0.22 | semi annually | 2020-06-24 |
2019-11-18 | HK$0.06 | semi annually | 2019-12-05 |
2019-06-20 | HK$0.10 | semi annually | 2019-08-08 |
2018-09-11 | HK$0.04 | semi annually | 2018-09-28 |
2018-05-23 | HK$0.09 | semi annually | 2018-06-12 |
2017-09-12 | HK$0.04 | semi annually | 2017-06-12 |
2016-05-19 | HK$0.06 | semi annually | 2016-06-10 |
2015-05-27 | HK$0.03 | semi annually | 2015-07-17 |
2014-05-13 | HK$0.03 | semi annually | 2014-06-03 |
China MeiDong Auto Dividend per year
China MeiDong Auto Dividend growth
China MeiDong Auto Dividend Yield
China MeiDong Auto current trailing twelve-month (TTM) dividend yield is 1.69%. Interested in purchasing China MeiDong Auto stock? Use our calculator to estimate your expected dividend yield:
China MeiDong Auto Financial Ratios
China MeiDong Auto Dividend FAQ
Other factors to consider when evaluating China MeiDong 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 MeiDong 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 MeiDong 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 MeiDong 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 MeiDong 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 MeiDong 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 MeiDong 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 MeiDong 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 MeiDong 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 MeiDong 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.