China Television Media, Ltd. engages in the film and television (TV) production, and media advertising agency businesses in China. It is involved in the planning, investment, production, and distribution of series, including of TV dramas, new media TV dramas, movies, TV movies, and digital movies; film and TV products copyright management; film and TV technical services; film and TV co-production; organizes and operates various shows and TV competitions; and film and TV equipment leasing services. The company also provides advertising agency services to CCTV-10 science and education channel; and CCTV-17 agricultural and rural channel. In addition, it operates tourist attractions comprising Wuxi film and TV base; and Nanhai film and TV base, as well as engages in the fund business. China Television Media, Ltd. is based in Shanghai, China. China Television Media, Ltd. is a subsidiary of CCTV Wuxi Taihu film and Television city.
China Television Media Dividend Announcement
• China Television Media announced a annually dividend of ¥0.02 per ordinary share which will be made payable on 2024-07-25. Ex dividend date: 2024-07-25
• China Television Media annual dividend for 2024 was ¥0.02
• China Television Media's trailing twelve-month (TTM) dividend yield is 0.13%
• China Television Media's payout ratio for the trailing twelve months (TTM) is 34.65%
China Television Media Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-25 | ¥0.02 | annually | 2024-07-25 |
2020-07-28 | ¥0.07 | annually | 2020-07-28 |
2019-07-01 | ¥0.09 | annually | 2019-07-01 |
2018-06-28 | ¥0.06 | annually | 2018-06-28 |
2017-07-17 | ¥0.02 | annually | 2017-07-17 |
2016-08-11 | ¥0.02 | annually | |
2015-06-16 | ¥0.04 | annually | |
2014-06-23 | ¥0.05 | annually | |
2013-08-02 | ¥0.03 | annually | |
2012-05-30 | ¥0.07 | annually | |
2011-07-21 | ¥0.07 | annually | |
2010-08-03 | ¥0.10 | annually |
China Television Media Dividend per year
China Television Media Dividend growth
China Television Media Dividend Yield
China Television Media current trailing twelve-month (TTM) dividend yield is 0.13%. Interested in purchasing China Television Media stock? Use our calculator to estimate your expected dividend yield:
China Television Media Financial Ratios
China Television Media Dividend FAQ
Other factors to consider when evaluating China Television Media 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 Television Media'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 Television Media 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 Television Media 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 Television Media 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 Television Media 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 Television Media 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 Television Media 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 Television Media'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 Television Media'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.