China Mengniu Dairy Company Limited, an investment holding company, produces and distributes dairy products in the People's Republic of China and internationally. The company operates through four segments: Liquid Milk Products, Ice Cream Products, Milk Powder Products, and Others. The Liquid Milk Products segment produces and distributes ultra-high temperature milk, milk beverages, fresh milk, and yogurt. The Ice Cream Products segment produces and distributes ice cream. The Milk Powder Products segment produces and distributes milk powder. The Others segment engages in the provision of cheese and plant-based nutrition products, as well as trading business. It also offers organic food and formula products for babies and toddlers. The company offers its dairy products under the MENGNIU brand. China Mengniu Dairy Company Limited was founded in 1999 and is based in Causeway Bay, Hong Kong.
China Mengniu Dairy Dividend Announcement
• China Mengniu Dairy announced a annually dividend of $0.68 per ordinary share which will be made payable on 2024-07-11. Ex dividend date: 2024-06-17
• China Mengniu Dairy annual dividend for 2024 was $0.68
• China Mengniu Dairy annual dividend for 2023 was $0.58
• China Mengniu Dairy's trailing twelve-month (TTM) dividend yield is 2.98%
• China Mengniu Dairy's payout ratio for the trailing twelve months (TTM) is 49.47%
• China Mengniu Dairy's dividend growth over the last five years (2018-2023) was 25.05% year
• China Mengniu Dairy's dividend growth over the last ten years (2013-2023) was -1.05% year
China Mengniu Dairy Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-17 | $0.68 | annually | 2024-07-11 |
2023-06-08 | $0.58 | annually | 2023-07-06 |
2022-06-10 | $0.58 | annually | 2022-07-07 |
2021-06-03 | $0.42 | annually | 2021-07-09 |
2020-06-05 | $0.25 | annually | 2020-07-09 |
2019-06-10 | $0.26 | annually | 2019-07-12 |
2018-05-09 | $0.19 | annually | 2018-06-15 |
2017-06-02 | $0.13 | annually | 2017-07-06 |
2016-06-03 | $0.21 | annually | 2016-07-08 |
2015-06-05 | $1.15 | annually | 2015-07-08 |
2014-06-06 | $0.81 | annually | 2014-07-11 |
2013-06-10 | $0.64 | annually | 2013-07-10 |
China Mengniu Dairy Dividend per year
China Mengniu Dairy Dividend growth
China Mengniu Dairy Dividend Yield
China Mengniu Dairy current trailing twelve-month (TTM) dividend yield is 2.98%. Interested in purchasing China Mengniu Dairy stock? Use our calculator to estimate your expected dividend yield:
China Mengniu Dairy Financial Ratios
China Mengniu Dairy Dividend FAQ
Other factors to consider when evaluating China Mengniu Dairy 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 Mengniu Dairy'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 Mengniu Dairy 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 Mengniu Dairy 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 Mengniu Dairy 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 Mengniu Dairy 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 Mengniu Dairy 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 Mengniu Dairy 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 Mengniu Dairy'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 Mengniu Dairy'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.