China Oriental Group Company Limited manufactures and sells iron and steel products for downstream steel manufacturers in the People's Republic of China. It operates through Iron and Steel, and Real Estate segments. The company offers H-section steel products for use in non-residential construction and infrastructure projects; strips and strip products; cold rolled sheets for use in manufacturing home electric appliances, hardware, pipes, etc.; galvanized sheets for production of civil-purpose sheets; billets for use as substrate in downstream steel products; and rebars for use in residential and non-residential projects. It also engages in the trade of steel, and iron ore and related products; leasing and financial leasing business; import and export of goods and technology; purchase and sale of ferrous metal and coke; development and sale of real estate properties; environmental protection engineering activities; non-metallic ore mining and trading; recycling of steel and waste materials; manufacture and sale of power transmission facilities; manufacturing of casting products; and research and development of recycling and energy-saving technology, as well as other recycling and construction engineering business. In addition, the company provides equipment maintenance, publication, construction project management, wholesale trade, asset management, logistics, commercial management, hotel and catering, cargo transit agency, and investment and management services; and architectural design, sale, and installation services, commercial consulting, technical advisory and software development, technology promotion, and new material technology and building engineering design services. Further, it offers factoring, capital market, and calligraphy and art training services; waste resources utilization services; produces and sells electricity; and sells metal materials and renewable resources. The company was incorporated in 2003 and is based in Wan Chai, Hong Kong.
China Oriental Dividend Announcement
• China Oriental announced a annually dividend of HK$0.05 per ordinary share which will be made payable on 2024-08-20. Ex dividend date: 2024-07-11
• China Oriental annual dividend for 2024 was HK$0.05
• China Oriental annual dividend for 2023 was HK$0.03
• China Oriental's trailing twelve-month (TTM) dividend yield is 4.03%
• China Oriental's payout ratio for the trailing twelve months (TTM) is -32.99%
• China Oriental's dividend growth over the last five years (2018-2023) was -35.75% year
China Oriental Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-11 | HK$0.05 | annually | 2024-08-20 |
2023-06-15 | HK$0.03 | annually | 2023-08-18 |
2022-09-15 | HK$0.08 | annually | 2022-10-24 |
2022-09-08 | HK$0.07 | annually | |
2022-06-13 | HK$0.03 | annually | 2022-07-04 |
2021-09-13 | HK$0.05 | annually | 2021-10-22 |
2021-06-07 | HK$0.05 | annually | 2021-07-08 |
2020-09-14 | HK$0.02 | annually | 2020-10-23 |
2020-06-15 | HK$0.09 | annually | 2020-07-15 |
2019-09-12 | HK$0.05 | annually | 2019-10-10 |
2019-07-15 | HK$0.07 | annually | 2019-08-06 |
2018-09-12 | HK$0.19 | annually | 2018-10-10 |
2018-06-06 | HK$0.11 | annually | 2018-06-29 |
2017-09-05 | HK$0.13 | annually | 2017-09-29 |
2017-06-06 | HK$0.10 | annually | 2017-06-27 |
2017-05-25 | HK$0.10 | annually | |
2011-10-04 | HK$0.10 | annually | |
2011-05-09 | HK$0.11 | annually | |
2010-04-20 | HK$0.09 | annually | |
2008-10-14 | HK$0.07 | annually | |
2008-05-07 | HK$0.12 | annually | |
2007-09-28 | HK$0.06 | annually | |
2007-05-16 | HK$0.05 | annually |
China Oriental Dividend per year
China Oriental Dividend growth
China Oriental Dividend Yield
China Oriental current trailing twelve-month (TTM) dividend yield is 4.03%. Interested in purchasing China Oriental stock? Use our calculator to estimate your expected dividend yield:
China Oriental Financial Ratios
China Oriental Dividend FAQ
Other factors to consider when evaluating China Oriental 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 Oriental'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 Oriental 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 Oriental 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 Oriental 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 Oriental 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 Oriental 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 Oriental 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 Oriental'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 Oriental'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.