China XLX Fertiliser Ltd., an investment holding company, engages in the development, manufacture, sale, and trade of urea primarily in Mainland China and internationally. It also offers compound fertilizers, methanol, liquid ammonia, dimethyl ether, melamine, furfuryl alcohol, furfural, humic acid, 2-methylfuran, vehicles urea solutions, and related differentiated products, as well as pharmaceutical intermediates. In addition, it mines and sells coal; and distributes and sells electricity. Further, the company is involved in the manufacture and trading of gas, testing equipment, and intelligent equipment; and agricultural production, international business and trading, technological development, and consulting activities. China XLX Fertiliser Ltd. was founded in 1969 and is headquartered in Xinxiang, the People's Republic of China.
China XLX Fertiliser Dividend Announcement
• China XLX Fertiliser announced a annually dividend of HK$0.26 per ordinary share which will be made payable on 2024-06-07. Ex dividend date: 2024-05-21
• China XLX Fertiliser annual dividend for 2024 was HK$0.26
• China XLX Fertiliser annual dividend for 2023 was HK$0.25
• China XLX Fertiliser's trailing twelve-month (TTM) dividend yield is 7.04%
• China XLX Fertiliser's payout ratio for the trailing twelve months (TTM) is 24.16%
• China XLX Fertiliser's dividend growth over the last five years (2018-2023) was 19.40% year
• China XLX Fertiliser's dividend growth over the last ten years (2013-2023) was 14.78% year
China XLX Fertiliser Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-21 | HK$0.26 | annually | 2024-06-07 |
2023-06-06 | HK$0.25 | annually | 2023-06-23 |
2022-06-28 | HK$0.23 | annually | 2022-07-29 |
2021-06-29 | HK$0.12 | annually | 2021-07-23 |
2020-06-24 | HK$0.09 | annually | 2020-07-31 |
2019-06-06 | HK$0.12 | annually | 2019-07-25 |
2018-06-04 | HK$0.10 | annually | 2018-06-26 |
2017-05-29 | HK$0.04 | annually | 2017-06-22 |
2016-05-19 | HK$0.10 | annually | 2016-06-16 |
2015-06-16 | HK$0.07 | annually | 2015-07-10 |
2014-05-05 | HK$0.06 | annually | 2014-05-26 |
2013-05-07 | HK$0.06 | annually | 2013-05-27 |
China XLX Fertiliser Dividend per year
China XLX Fertiliser Dividend growth
China XLX Fertiliser Dividend Yield
China XLX Fertiliser current trailing twelve-month (TTM) dividend yield is 7.04%. Interested in purchasing China XLX Fertiliser stock? Use our calculator to estimate your expected dividend yield:
China XLX Fertiliser Financial Ratios
China XLX Fertiliser Dividend FAQ
Other factors to consider when evaluating China XLX Fertiliser 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 XLX Fertiliser'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 XLX Fertiliser 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 XLX Fertiliser 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 XLX Fertiliser 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 XLX Fertiliser 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 XLX Fertiliser 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 XLX Fertiliser 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 XLX Fertiliser'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 XLX Fertiliser'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.