China National Chemical Engineering Co., Ltd., an industrial engineering company, engages in the general contracting of construction, infrastructure, and overseas projects in the fields of chemical, petrochemical, pharmaceutical, power, and coal industries in China. It provides various services comprising project consulting, prospecting, design, construction, and project management environmental treatment; technology research and development and its industrialization; and installation of pipelines, circuits, and complete equipment. It is also involved in the import and export business; real estate development business; and investment and management of industrial plant and infrastructure projects. The company was founded in 1953 and is based in Beijing, China. China National Chemical Engineering Co., Ltd. is a subsidiary of China National Chemical Engineering Group Corporation Ltd.
China National Chemical Engineering Dividend Announcement
• China National Chemical Engineering announced a annually dividend of ¥0.18 per ordinary share which will be made payable on 2024-07-15. Ex dividend date: 2024-07-15
• China National Chemical Engineering annual dividend for 2024 was ¥0.18
• China National Chemical Engineering annual dividend for 2023 was ¥0.18
• China National Chemical Engineering 's trailing twelve-month (TTM) dividend yield is 2.17%
• China National Chemical Engineering 's payout ratio for the trailing twelve months (TTM) is 46.88%
• China National Chemical Engineering 's dividend growth over the last five years (2018-2023) was 13.25% year
• China National Chemical Engineering 's dividend growth over the last ten years (2013-2023) was 10.54% year
China National Chemical Engineering Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-15 | ¥0.18 | annually | 2024-07-15 |
2023-06-14 | ¥0.18 | annually | 2023-06-14 |
2022-06-13 | ¥0.15 | annually | 2022-06-13 |
2021-06-10 | ¥0.22 | annually | 2021-06-10 |
2020-07-15 | ¥0.19 | annually | 2020-07-15 |
2019-06-28 | ¥0.12 | annually | 2019-06-28 |
2018-06-27 | ¥0.10 | annually | 2018-06-27 |
2017-07-14 | ¥0.11 | annually | 2017-07-14 |
2016-07-15 | ¥0.09 | annually | |
2015-07-17 | ¥0.10 | annually | |
2014-07-17 | ¥0.10 | annually | |
2013-07-10 | ¥0.07 | annually |
China National Chemical Engineering Dividend per year
China National Chemical Engineering Dividend growth
China National Chemical Engineering Dividend Yield
China National Chemical Engineering current trailing twelve-month (TTM) dividend yield is 2.17%. Interested in purchasing China National Chemical Engineering stock? Use our calculator to estimate your expected dividend yield:
China National Chemical Engineering Financial Ratios
China National Chemical Engineering Dividend FAQ
Other factors to consider when evaluating China National Chemical Engineering 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 National Chemical Engineering '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 National Chemical Engineering 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 National Chemical Engineering 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 National Chemical Engineering 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 National Chemical Engineering 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 National Chemical Engineering 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 National Chemical Engineering 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 National Chemical Engineering '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 National Chemical Engineering '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.