China Yongda Automobiles Services Holdings Limited, an investment holding company, operates as a passenger vehicle retailer and service provider. The company focuses on luxury and ultra-luxury brands. It offers repair and maintenance, automobile extended products and services, and automobile finance and insurance product agency services. In addition, the company provides pre-owned vehicles, automobile rental services, and financial leasing and small loan services, as well as offers after-sales services primarily through its 4S dealerships, including sales, spare parts, service, and survey. As of December 31, 2021, it had 237 outlets located across 4 municipalities and 19 provinces in the People's Republic of China. China Yongda Automobiles Services Holdings Limited was incorporated in 2011 and is headquartered in Shanghai, the People's Republic of China.
China Yongda Automobiles Services Dividend Announcement
• China Yongda Automobiles Services announced a semi annually dividend of HK$0.06 per ordinary share which will be made payable on 2024-10-30. Ex dividend date: 2024-09-12
• China Yongda Automobiles Services annual dividend for 2024 was HK$0.12
• China Yongda Automobiles Services annual dividend for 2023 was HK$0.44
• China Yongda Automobiles Services's trailing twelve-month (TTM) dividend yield is 10.78%
• China Yongda Automobiles Services's payout ratio for the trailing twelve months (TTM) is 111.33%
• China Yongda Automobiles Services's dividend growth over the last five years (2018-2023) was 5.39% year
• China Yongda Automobiles Services's dividend growth over the last ten years (2013-2023) was 16.48% year
China Yongda Automobiles Services Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-12 | HK$0.06 | semi annually | 2024-10-30 |
2024-06-11 | HK$0.06 | semi annually | 2024-06-28 |
2023-09-07 | HK$0.11 | semi annually | 2023-10-30 |
2023-06-07 | HK$0.32 | semi annually | 2023-06-30 |
2022-06-07 | HK$0.56 | semi annually | 2022-06-30 |
2021-05-25 | HK$0.35 | semi annually | 2021-06-18 |
2020-07-03 | HK$0.27 | semi annually | 2020-07-28 |
2019-06-04 | HK$0.26 | semi annually | 2019-06-28 |
2018-06-05 | HK$0.34 | semi annually | 2018-06-29 |
2017-05-31 | HK$0.19 | semi annually | 2017-06-30 |
2016-05-11 | HK$0.13 | semi annually | 2016-05-31 |
2015-05-12 | HK$0.13 | semi annually | 2015-05-29 |
2014-05-20 | HK$0.12 | semi annually | 2014-06-03 |
2013-05-30 | HK$0.10 | semi annually | 2013-06-14 |
China Yongda Automobiles Services Dividend per year
China Yongda Automobiles Services Dividend growth
China Yongda Automobiles Services Dividend Yield
China Yongda Automobiles Services current trailing twelve-month (TTM) dividend yield is 10.78%. Interested in purchasing China Yongda Automobiles Services stock? Use our calculator to estimate your expected dividend yield:
China Yongda Automobiles Services Financial Ratios
China Yongda Automobiles Services Dividend FAQ
Other factors to consider when evaluating China Yongda Automobiles Services 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 Yongda Automobiles Services'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 Yongda Automobiles Services 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 Yongda Automobiles Services 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 Yongda Automobiles Services 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 Yongda Automobiles Services 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 Yongda Automobiles Services 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 Yongda Automobiles Services 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 Yongda Automobiles Services'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 Yongda Automobiles Services'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.