China Xinhua Education Group Limited provides higher education services in the People's Republic of China. The company invests in and operates four educational institutions, which include Xinhua University, an university-level education institution that offers undergraduate, junior college, and continuing education focusing on applied sciences; Xinhua School, a private secondary vocational school, which provides general, undergraduate oriented, and five-year junior college oriented secondary vocational education programs, as well as vocational education programs; School of Clinical Medicine, an independent college to train full-time undergraduate students; and Hongshan College, an independent college to train full-time undergraduate students. It also offers technical and management consultancy services. China Xinhua Education Group Limited was founded in 1999 and is headquartered in Hefei, China.
China Xinhua Education Dividend Announcement
• China Xinhua Education announced a annually dividend of HK$0.06 per ordinary share which will be made payable on 2024-07-09. Ex dividend date: 2024-06-20
• China Xinhua Education annual dividend for 2024 was HK$0.06
• China Xinhua Education annual dividend for 2023 was HK$0.07
• China Xinhua Education's trailing twelve-month (TTM) dividend yield is 9.16%
• China Xinhua Education's payout ratio for the trailing twelve months (TTM) is 44.97%
China Xinhua Education Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-20 | HK$0.06 | annually | 2024-07-09 |
2023-06-20 | HK$0.07 | annually | 2023-07-07 |
2022-06-20 | HK$0.11 | annually | 2022-07-06 |
2021-06-25 | HK$0.07 | annually | 2021-07-16 |
2020-06-26 | HK$0.06 | annually | 2020-07-17 |
2019-06-28 | HK$0.06 | annually | 2019-07-19 |
China Xinhua Education Dividend per year
China Xinhua Education Dividend growth
China Xinhua Education Dividend Yield
China Xinhua Education current trailing twelve-month (TTM) dividend yield is 9.16%. Interested in purchasing China Xinhua Education stock? Use our calculator to estimate your expected dividend yield:
China Xinhua Education Financial Ratios
China Xinhua Education Dividend FAQ
Other factors to consider when evaluating China Xinhua Education 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 Xinhua Education'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 Xinhua Education 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 Xinhua Education 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 Xinhua Education 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 Xinhua Education 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 Xinhua Education 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 Xinhua Education 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 Xinhua Education'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 Xinhua Education'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.