China Railway Construction Heavy Industry Corporation Limited engages in the manufacture of tunneling equipment and rail transit systems for the underground construction and rail transit industries in China and internationally. The company primarily offers tunnel boring machines, shaft-boring machines, drilling jumbos, concrete sprayers, tunnel vehicles for lifting and installation work, railway turnouts, clips and fasteners, etc. It also provides NATM equipment, rail track systems, maglev equipment, railway transit systems, agricultural machine, green building construction equipment, coal mine equipment, and construction materials, as well as offers various services, such as design, fabrication, training, on-site service, refurbishment, spare parts supply, etc. The company was founded in 2007 and is headquartered in Changsha, China. China Railway Construction Heavy Industry Corporation Limited operates as a subsidiary of China Railway Construction Corporation Limited.
China Railway Construction Heavy Industry Dividend Announcement
• China Railway Construction Heavy Industry announced a annually dividend of ¥0.09 per ordinary share which will be made payable on 2024-08-08. Ex dividend date: 2024-08-08 • China Railway Construction Heavy Industry annual dividend for 2024 was ¥0.09 • China Railway Construction Heavy Industry annual dividend for 2023 was ¥0.10 • China Railway Construction Heavy Industry's trailing twelve-month (TTM) dividend yield is 1.92% • China Railway Construction Heavy Industry's payout ratio for the trailing twelve months (TTM) is 4.45%
China Railway Construction Heavy Industry Dividend History
China Railway Construction Heavy Industry Dividend per year
China Railway Construction Heavy Industry Dividend growth
China Railway Construction Heavy Industry Dividend Yield
China Railway Construction Heavy Industry current trailing twelve-month (TTM) dividend yield is 1.92%. Interested in purchasing China Railway Construction Heavy Industry stock? Use our calculator to estimate your expected dividend yield:
China Railway Construction Heavy Industry Financial Ratios
P/E ratio17.81
PEG ratio1.45
P/B ratio1.47
ROE8.37%
Payout ratio4.45%
Current ratio1.88
Quick ratio1.28
Cash Ratio0.19
China Railway Construction Heavy Industry Dividend FAQ
How much is the next China Railway Construction Heavy Industry dividend?
China Railway Construction Heavy Industry's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next China Railway Construction Heavy Industry dividend. The next China Railway Construction Heavy Industry dividend will be released in August.
When is China Railway Construction Heavy Industry dividend paid?
China Railway Construction Heavy Industry pays dividends on a annually basis. The specific dates may vary each year but are generally around August. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does China Railway Construction Heavy Industry pay?
The specific amount of China Railway Construction Heavy Industry dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find China Railway Construction Heavy Industry's dividend history.
Does China Railway Construction Heavy Industry stock pay dividends?
Yes, China Railway Construction Heavy Industry does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find China Railway Construction Heavy Industry's dividend history.
How much dividend does China Railway Construction Heavy Industry pay?
China Railway Construction Heavy Industry paid ¥0.09 in 2024, ¥0.104 in 2023, ¥0.098 in 2022, ¥0.0 in 2021, and ¥0.0 in 2020.
How often does China Railway Construction Heavy Industry pay dividends?
China Railway Construction Heavy Industry typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around August.
What is China Railway Construction Heavy Industry's dividend yield?
The current dividend yield for China Railway Construction Heavy Industry is 1.92%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate China Railway Construction Heavy Industry's exact dividend yield.
When does China Railway Construction Heavy Industry go ex dividend?
China Railway Construction Heavy Industry's ex-dividend date for the latest dividend was on 2024-08-08. China Railway Construction Heavy Industry typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next China Railway Construction Heavy Industry dividend paid?
China Railway Construction Heavy Industry pays dividends on a annually basis, typically around August, but the exact dates can vary each year.
Will China Railway Construction Heavy Industry increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether China Railway Construction Heavy Industry will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is China Railway Construction Heavy Industry dividend per share?
China Railway Construction Heavy Industry paid ¥0.09 per share in 2024 and ¥0.104 per share in 2023. The amount of dividend per share that China Railway Construction Heavy Industry pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is China Railway Construction Heavy Industry a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is China Railway Construction Heavy Industry a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is China Railway Construction Heavy Industry a dividend stock?
Yes, China Railway Construction Heavy Industry is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is China Railway Construction Heavy Industry a good dividend stock?
Whether China Railway Construction Heavy Industry is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. China Railway Construction Heavy Industry has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating China Railway Construction Heavy Industry 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.
Does China Railway Construction Heavy Industry pay dividends monthly?
China Railway Construction Heavy Industry typically pays dividends on a annually basis.
Does China Railway Construction Heavy Industry pay dividends quarterly?
China Railway Construction Heavy Industry currently pays dividends on a annually basis.
Has China Railway Construction Heavy Industry ever paid a dividend?
Yes, China Railway Construction Heavy Industry has a history of paying dividends to its shareholders. China Railway Construction Heavy Industry is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy China Railway Construction Heavy Industry dividend stocks?
To buy China Railway Construction Heavy Industry you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy China Railway Construction Heavy Industry stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does China Railway Construction Heavy Industry pay dividends 2024?
China Railway Construction Heavy Industry pays dividends on a annually basis. 2024 dividend payments are in 2024-08-08. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will China Railway Construction Heavy Industry increase its dividend in 2024?
Decisions regarding China Railway Construction Heavy Industry dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date China Railway Construction Heavy Industry dividend overview you can look into the above table of dividend history.
How China Railway Construction Heavy Industry dividend works?
The China Railway Construction Heavy Industry dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how China Railway Construction Heavy Industry's dividend process works:
1. Determination of Dividend: China Railway Construction Heavy Industry'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 Railway Construction Heavy Industry 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 Railway Construction Heavy Industry 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 Railway Construction Heavy Industry 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.
How are China Railway Construction Heavy Industry dividends paid?
China Railway Construction Heavy Industry dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: China Railway Construction Heavy Industry 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 Railway Construction Heavy Industry 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 Railway Construction Heavy Industry 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.
How many times does China Railway Construction Heavy Industry pay dividends?
China Railway Construction Heavy Industry typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does China Railway Construction Heavy Industry pay dividends?
The general pattern is that China Railway Construction Heavy Industry pays dividends around August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is China Railway Construction Heavy Industry dividend safe?
The safety of China Railway Construction Heavy Industry's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of China Railway Construction Heavy Industry'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 Railway Construction Heavy Industry'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.