China Spacesat Co.,Ltd. engages in the aerospace manufacturing and aerospace technology applications businesses in China and internationally. The company develops and sells small and micro satellites, such as CAST10, CAST20, CAST2000, CAST3000, CAST4000, and other small/small satellite public platforms. Its satellite products also include optical remote sensing, electromagnetic and microwave remote sensing, and science and technology testing products. In addition, the company is also involved in the integration of satellite ground application systems; and manufacture of terminal equipment and the provision of satellite operation services. Its products and services are used in the fields of communications, satellite navigation, satellite remote sensing, cloud computing and information security, and smart cities, as well as national defense and economic construction, social development, etc. The company operates under the Aerospace Dongfanghong, Aerospace Star, and Shenzhen Dongfanghong brand names. The company is based in Beijing, China. China Spacesat Co.,Ltd. is a subsidiary of China Aerospace Science and Technology Corporation.
China Spacesat Dividend Announcement
• China Spacesat announced a annually dividend of ¥0.04 per ordinary share which will be made payable on 2024-06-28. Ex dividend date: 2024-06-28
• China Spacesat annual dividend for 2024 was ¥0.04
• China Spacesat annual dividend for 2023 was ¥0.07
• China Spacesat's trailing twelve-month (TTM) dividend yield is 0.15%
• China Spacesat's payout ratio for the trailing twelve months (TTM) is -611.17%
• China Spacesat's dividend growth over the last five years (2018-2023) was -7.37% year
• China Spacesat's dividend growth over the last ten years (2013-2023) was -1.26% year
China Spacesat Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-28 | ¥0.04 | annually | 2024-06-28 |
2023-06-09 | ¥0.07 | annually | 2023-06-09 |
2022-06-13 | ¥0.06 | annually | 2022-06-13 |
2021-07-23 | ¥0.10 | annually | 2021-07-23 |
2020-07-09 | ¥0.10 | annually | 2020-07-09 |
2019-05-16 | ¥0.11 | annually | 2019-05-16 |
2018-07-10 | ¥0.11 | annually | 2018-07-10 |
2017-06-15 | ¥0.11 | annually | 2017-06-15 |
2016-05-19 | ¥0.10 | annually | |
2015-05-18 | ¥0.08 | annually | |
2014-06-20 | ¥0.08 | annually | |
2013-04-03 | ¥0.09 | annually |
China Spacesat Dividend per year
China Spacesat Dividend growth
China Spacesat Dividend Yield
China Spacesat current trailing twelve-month (TTM) dividend yield is 0.15%. Interested in purchasing China Spacesat stock? Use our calculator to estimate your expected dividend yield:
China Spacesat Financial Ratios
China Spacesat Dividend FAQ
Other factors to consider when evaluating China Spacesat 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 Spacesat'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 Spacesat 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 Spacesat 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 Spacesat 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 Spacesat 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 Spacesat 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 Spacesat 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 Spacesat'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 Spacesat'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.