China Water Affairs Group Limited, an investment holding company, engages in the water supply, environmental protection, and property businesses in the People's Republic of China. It operates through City Water Supply Operation and Construction, Environmental Protection, and Property Development and Investment segments. The City Water Supply Operation and Construction segment is involved in the provision of water supply operation and construction services. The Environmental Protection segment engages in the sewage treatment and drainage operation and construction, solid waste and hazardous waste, environmental sanitation, and water environment management businesses. The Property Development and Investment segment develops, sells, and invests in properties. It is also involved in the development and infrastructure of sightseeing area; provision of water environmental renovation infrastructure; constructs and operates drinking water; and investment, construction, and operation of water conservation and hydropower related projects, as well as energy conservation and environmental protection and hotel operations. The company was formerly known as China Silver Dragon Group Limited and changed its name to China Water Affairs Group Limited in December 2004. China Water Affairs Group Limited is headquartered in Wan Chai, Hong Kong.
China Water Affairs Dividend Announcement
• China Water Affairs announced a semi annually dividend of HK$0.15 per ordinary share which will be made payable on 2024-11-15. Ex dividend date: 2024-09-24
• China Water Affairs annual dividend for 2024 was HK$0.28
• China Water Affairs annual dividend for 2023 was HK$0.34
• China Water Affairs's trailing twelve-month (TTM) dividend yield is 9.01%
• China Water Affairs's payout ratio for the trailing twelve months (TTM) is 36.19%
• China Water Affairs's dividend growth over the last five years (2018-2023) was 4.72% year
• China Water Affairs's dividend growth over the last ten years (2013-2023) was 21.13% year
China Water Affairs Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-24 | HK$0.15 | semi annually | 2024-11-15 |
2024-01-29 | HK$0.13 | semi annually | 2024-05-17 |
2023-09-19 | HK$0.18 | semi annually | 2023-11-17 |
2023-02-16 | HK$0.16 | semi annually | 2023-04-03 |
2022-09-20 | HK$0.18 | semi annually | 2022-11-18 |
2021-12-16 | HK$0.16 | semi annually | 2022-02-25 |
2021-09-07 | HK$0.16 | semi annually | 2021-10-18 |
2020-12-10 | HK$0.15 | semi annually | 2021-01-29 |
2020-09-08 | HK$0.16 | semi annually | 2020-10-16 |
2019-12-12 | HK$0.14 | semi annually | 2020-01-31 |
2019-09-10 | HK$0.16 | semi annually | 2019-10-11 |
2018-12-13 | HK$0.12 | semi annually | 2019-02-01 |
2018-09-11 | HK$0.15 | semi annually | 2018-10-12 |
2017-12-14 | HK$0.08 | semi annually | 2018-02-02 |
2017-09-05 | HK$0.10 | semi annually | 2017-09-22 |
2016-12-14 | HK$0.04 | semi annually | |
2016-09-07 | HK$0.05 | semi annually | |
2015-12-14 | HK$0.03 | semi annually | |
2015-09-09 | HK$0.04 | semi annually | |
2014-12-12 | HK$0.03 | semi annually | |
2014-09-11 | HK$0.03 | semi annually | |
2013-12-11 | HK$0.02 | semi annually | |
2013-09-11 | HK$0.03 | semi annually |
China Water Affairs Dividend per year
China Water Affairs Dividend growth
China Water Affairs Dividend Yield
China Water Affairs current trailing twelve-month (TTM) dividend yield is 9.01%. Interested in purchasing China Water Affairs stock? Use our calculator to estimate your expected dividend yield:
China Water Affairs Financial Ratios
China Water Affairs Dividend FAQ
Other factors to consider when evaluating China Water Affairs 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 Water Affairs'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 Water Affairs 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 Water Affairs 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 Water Affairs 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 Water Affairs 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 Water Affairs 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 Water Affairs 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 Water Affairs'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 Water Affairs'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.