China Risun Group Limited, together with its subsidiaries, produces, sells, and distributes coke, coking chemicals, and refined chemicals in the People's Republic of China. The company operates through four segments: Coke and Coking Chemicals Manufacturing, Refined Chemicals Manufacturing, Operation Management, and Trading. Its coking and refined chemical products include crude benzene, industrial naphthalene phthalic anhydride, coke oven gas methanol, coal-tar pitch, and caprolactam. The company also offers operation management service to the third-party coke and chemical companies, as well as training on safety management and operational skills services. In addition, it trades in coke, coking chemical, and refined chemical products; and engages in real estate development activities. The company serves companies in the iron and steel, non-ferrous, coking, and chemical industries. It also exports its products. The company was formerly known as China Risun Coal Chemicals Group Limited and changed its name to China Risun Group Limited in July 2018. China Risun Group Limited was founded in 1995 and is headquartered in Beijing, the People's Republic of China.
China Risun Dividend Announcement
• China Risun announced a semi annually dividend of HK$0.01 per ordinary share which will be made payable on 2024-09-30. Ex dividend date: 2024-09-09
• China Risun annual dividend for 2024 was HK$0.02
• China Risun annual dividend for 2023 was HK$0.06
• China Risun's trailing twelve-month (TTM) dividend yield is 1.01%
• China Risun's payout ratio for the trailing twelve months (TTM) is 104.92%
China Risun Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-09 | HK$0.01 | semi annually | 2024-09-30 |
2024-06-07 | HK$0.01 | semi annually | 2024-06-28 |
2023-09-11 | HK$0.05 | semi annually | 2023-09-29 |
2023-06-12 | HK$0.01 | semi annually | 2023-06-30 |
2022-09-09 | HK$0.14 | semi annually | 2022-09-30 |
2022-06-14 | HK$0.08 | semi annually | 2022-06-30 |
2021-09-08 | HK$0.15 | semi annually | 2021-09-28 |
2021-06-10 | HK$0.12 | semi annually | 2021-06-30 |
2020-09-10 | HK$0.03 | semi annually | 2020-09-29 |
2020-07-06 | HK$0.04 | semi annually | 2020-07-31 |
2019-11-01 | HK$0.07 | semi annually | 2019-11-29 |
2019-07-04 | HK$0.17 | semi annually | 2019-08-30 |
China Risun Dividend per year
China Risun Dividend growth
China Risun Dividend Yield
China Risun current trailing twelve-month (TTM) dividend yield is 1.01%. Interested in purchasing China Risun stock? Use our calculator to estimate your expected dividend yield:
China Risun Financial Ratios
China Risun Dividend FAQ
Other factors to consider when evaluating China Risun 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 Risun'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 Risun 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 Risun 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 Risun 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 Risun 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 Risun 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 Risun 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 Risun'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 Risun'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.