China Shipbuilding Industry Company Limited engages in the shipbuilding and ship support, marine equipment, marine transportation equipment, ship repair and modification, and other businesses in China. The company offers marine defense and marine development equipment; deep-sea equipment; ship repair and modification, ship supporting mechanical, and electrical equipment; and marine scientific research equipment. It also offers naval equipment, such as aircraft carriers, submarines; large, medium and small surface combat ships, large amphibious assault ship, and military auxiliary ships. The company offers civilian products, such as bulk carriers, container ships, and oil tankers. In addition, it provides wind power, solar thermal, nuclear power, and other energy equipment; ship ballast water systems; energy-saving; and environmental protection equipment. The company was incorporated in 2008 and is based in Kunming, China.
China Shipbuilding Industry Dividend Announcement
• China Shipbuilding Industry announced a annually dividend of ¥0.01 per ordinary share which will be made payable on 2024-08-01. Ex dividend date: 2024-08-01
• China Shipbuilding Industry annual dividend for 2024 was ¥0.01
• China Shipbuilding Industry's trailing twelve-month (TTM) dividend yield is 0.2%
• China Shipbuilding Industry's payout ratio for the trailing twelve months (TTM) is 327.92%
China Shipbuilding Industry Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-01 | ¥0.01 | annually | 2024-08-01 |
2022-08-23 | ¥0.00 | annually | 2022-08-23 |
2019-07-18 | ¥0.01 | annually | 2019-07-18 |
2018-08-16 | ¥0.01 | annually | 2018-08-16 |
2015-08-18 | ¥0.04 | annually | |
2014-06-30 | ¥0.05 | annually | |
2013-07-04 | ¥0.06 | annually | |
2012-05-10 | ¥0.07 | annually | |
2011-06-22 | ¥0.07 | annually | |
2010-07-06 | ¥0.04 | annually |
China Shipbuilding Industry Dividend per year
China Shipbuilding Industry Dividend growth
China Shipbuilding Industry Dividend Yield
China Shipbuilding Industry current trailing twelve-month (TTM) dividend yield is 0.2%. Interested in purchasing China Shipbuilding Industry stock? Use our calculator to estimate your expected dividend yield:
China Shipbuilding Industry Financial Ratios
China Shipbuilding Industry Dividend FAQ
Other factors to consider when evaluating China Shipbuilding 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.
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1. Determination of Dividend: China Shipbuilding 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 Shipbuilding 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 Shipbuilding 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 Shipbuilding 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.
1. Record Date: China Shipbuilding 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 Shipbuilding 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 Shipbuilding 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.
To assess the safety of China Shipbuilding 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 Shipbuilding 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.