China West Construction Group Co., Ltd engages in the building materials business in China, Algeria, Malaysia, Indonesia, Cambodia, and internationally. The company offers cement, admixtures, commercial mortar, sand, and gravel aggregates. It also is involved in the activities, including transportation pumping, scientific research and testing, etc. The company operates an enterprise technology center in the ready-mixed concrete industry and a post-doctoral research station; 2 enterprise technology centers; and 2 engineering technology research centers. China West Construction Group Co., Ltd was founded in 2001 and is based in Chengdu, China.
China West Construction Dividend Announcement
• China West Construction announced a annually dividend of ¥0.12 per ordinary share which will be made payable on 2024-07-10. Ex dividend date: 2024-07-10
• China West Construction annual dividend for 2024 was ¥0.12
• China West Construction annual dividend for 2023 was ¥0.10
• China West Construction 's trailing twelve-month (TTM) dividend yield is 1.6%
• China West Construction 's payout ratio for the trailing twelve months (TTM) is 114.28%
• China West Construction 's dividend growth over the last five years (2018-2023) was 6.30% year
• China West Construction 's dividend growth over the last ten years (2013-2023) was 5.48% year
China West Construction Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-10 | ¥0.12 | annually | 2024-07-10 |
2023-05-26 | ¥0.10 | annually | 2023-05-26 |
2022-05-25 | ¥0.10 | annually | 2022-05-25 |
2021-05-25 | ¥0.09 | annually | 2021-05-25 |
2020-05-28 | ¥0.09 | annually | 2020-05-28 |
2019-06-06 | ¥0.07 | annually | 2019-06-06 |
2018-06-06 | ¥0.07 | annually | 2018-06-06 |
2017-06-07 | ¥0.07 | annually | 2017-06-07 |
2016-05-04 | ¥0.10 | annually | |
2015-05-20 | ¥0.10 | annually | |
2014-05-21 | ¥0.10 | annually | |
2013-05-22 | ¥0.06 | annually |
China West Construction Dividend per year
China West Construction Dividend growth
China West Construction Dividend Yield
China West Construction current trailing twelve-month (TTM) dividend yield is 1.6%. Interested in purchasing China West Construction stock? Use our calculator to estimate your expected dividend yield:
China West Construction Financial Ratios
China West Construction Dividend FAQ
Other factors to consider when evaluating China West Construction 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 West Construction '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 West Construction 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 West Construction 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 West Construction 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 West Construction 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 West Construction 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 West Construction 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 West Construction '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 West Construction '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.