China XD Electric Co., Ltd engages in the research, development, design, manufacture, sale, and test of high-voltage power transmission and distribution products in China. Its products portfolio includes high-voltage switches, such as GIS, GCB, isolating switches, and grounding switches; power and converter transformers; smoothing and shunt reactors; smoothing reactors; DC transmission converter valves; power capacitors; CVT, CT, and PT transformers; electric ceramic products for power stations and composite insulator products; bushings; and zinc oxide arresters. The company was founded in 2008 and is based in Xi'an, China. China XD Electric Co., Ltd is a subsidiary of China XD Group Corporation.
China XD Electric Dividend Announcement
• China XD Electric announced a semi annually dividend of ¥0.04 per ordinary share which will be made payable on 2024-10-25. Ex dividend date: 2024-10-25
• China XD Electric annual dividend for 2024 was ¥0.10
• China XD Electric annual dividend for 2023 was ¥0.04
• China XD Electric 's trailing twelve-month (TTM) dividend yield is 1.57%
• China XD Electric 's payout ratio for the trailing twelve months (TTM) is 50.81%
• China XD Electric 's dividend growth over the last five years (2018-2023) was -3.22% year
China XD Electric Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-25 | ¥0.04 | semi annually | 2024-10-25 |
2024-07-11 | ¥0.07 | semi annually | 2024-07-11 |
2023-07-11 | ¥0.04 | semi annually | 2023-07-11 |
2022-06-24 | ¥0.03 | semi annually | 2022-06-24 |
2021-06-21 | ¥0.03 | semi annually | 2021-06-21 |
2020-06-19 | ¥0.05 | semi annually | 2020-06-19 |
2019-07-01 | ¥0.03 | semi annually | 2019-07-01 |
2018-06-15 | ¥0.05 | semi annually | 2018-06-15 |
2017-06-16 | ¥0.10 | semi annually | 2017-06-16 |
2016-06-14 | ¥0.14 | semi annually | |
2015-06-08 | ¥0.10 | semi annually | |
2014-06-20 | ¥0.08 | semi annually | |
2011-06-16 | ¥0.06 | semi annually |
China XD Electric Dividend per year
China XD Electric Dividend growth
China XD Electric Dividend Yield
China XD Electric current trailing twelve-month (TTM) dividend yield is 1.57%. Interested in purchasing China XD Electric stock? Use our calculator to estimate your expected dividend yield:
China XD Electric Financial Ratios
China XD Electric Dividend FAQ
Other factors to consider when evaluating China XD Electric 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 XD Electric '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 XD Electric 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 XD Electric 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 XD Electric 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 XD Electric 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 XD Electric 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 XD Electric 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 XD Electric '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 XD Electric '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.