China Railway Signal & Communication Corporation Limited, together with its subsidiaries, provides rail transportation control system solutions in China and internationally. It operates through three segments: Rail Transportation Control System, General Engineering Contracting, and Others. The company offers design, consultancy, and system integration services for rail transportation control system projects. It also produces and sells signal system products, communication information system products, infrastructure equipment and information systems, and other related products. In addition, the company offers construction, installation, testing, operation, and maintenance services for rail transportation control systems; and services relating to municipal engineering projects and other construction projects. Further, it engages in the investment management, technical exchange and trade, and bidding agency activities, as well as provision of project management activities. The company was founded in 1953 and is headquartered in Beijing, China. China Railway Signal & Communication Corporation Limited is a subsidiary of China Railway Signal & Communication (Group) Corporation Limited.
China Railway Signal & Communication Dividend Announcement
• China Railway Signal & Communication announced a annually dividend of $0.03 per ordinary share which will be made payable on 2024-08-09. Ex dividend date: 2024-06-18
• China Railway Signal & Communication annual dividend for 2024 was $0.03
• China Railway Signal & Communication annual dividend for 2023 was $0.03
• China Railway Signal & Communication's trailing twelve-month (TTM) dividend yield is 0.76%
• China Railway Signal & Communication's payout ratio for the trailing twelve months (TTM) is 63.08%
China Railway Signal & Communication Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-18 | $0.03 | annually | 2024-08-09 |
2023-06-14 | $0.03 | annually | 2023-08-03 |
2022-06-15 | $0.04 | annually | 2022-07-29 |
China Railway Signal & Communication Dividend per year
China Railway Signal & Communication Dividend growth
China Railway Signal & Communication Dividend Yield
China Railway Signal & Communication current trailing twelve-month (TTM) dividend yield is 0.76%. Interested in purchasing China Railway Signal & Communication stock? Use our calculator to estimate your expected dividend yield:
China Railway Signal & Communication Financial Ratios
China Railway Signal & Communication Dividend FAQ
Other factors to consider when evaluating China Railway Signal & Communication 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 Railway Signal & Communication'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 Signal & Communication 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 Signal & Communication 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 Signal & Communication 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 Railway Signal & Communication 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 Signal & Communication 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 Signal & Communication 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 Railway Signal & Communication'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 Signal & Communication'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.