China ZhengTong Auto Services Holdings Limited, an investment holding company, engages in 4S dealership business in the People's Republic of China. The company operates through 4S Dealership Business, Supply Chain Business, Financial Services Business, and Comprehensive Properties Business segments. It is involved in the sale of motor vehicles and automobile parts; and provision of maintenance and repair services. The company also provides motor-related logistics services; and trades in lubricant oil and auto supplies. In addition, it focuses on the dealership of branded automobiles, including Porsche, BMW, Mercedes-Benz, Audi, Jaguar Land Rover, Hongqi, Volvo, Cadillac, and Infiniti; and operates dealership stores of middle market brands, such as Dongfeng-Nissan, Buick, Dongfeng-Honda, FAW-Volkswagen, Chevrolet, FAW Toyota, and Hyundai. Further, the company engages in the development and sale of real estate properties; property management; trading pre-owned automobiles; e-commerce platform; and provision of consulting and automobile trading agency services, as well as insurance agency services. As of December 31, 2021, it operated 118 dealership outlets in 40 cities across 17 provinces and municipalities. The company was founded in 1999 and is headquartered in Beijing, the People's Republic of China.
China ZhengTong Auto Services Dividend Announcement
• China ZhengTong Auto Services announced a semi annually dividend of HK$0.10 per ordinary share which will be made payable on 2019-10-25. Ex dividend date: 2019-09-23
• China ZhengTong Auto Services's trailing twelve-month (TTM) dividend yield is -%
• China ZhengTong Auto Services's payout ratio for the trailing twelve months (TTM) is -6.01%
China ZhengTong Auto Services Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2019-09-23 | HK$0.10 | semi annually | 2019-10-25 |
2019-06-06 | HK$0.14 | semi annually | 2019-06-27 |
2018-09-17 | HK$0.10 | semi annually | 2018-10-19 |
2018-05-23 | HK$0.14 | semi annually | 2018-06-04 |
2017-05-22 | HK$0.10 | semi annually | 2017-06-02 |
2016-05-26 | HK$0.10 | semi annually | 2016-06-15 |
2015-05-28 | HK$0.10 | semi annually | 2015-06-18 |
2014-05-30 | HK$0.10 | semi annually | 2014-06-18 |
China ZhengTong Auto Services Dividend per year
China ZhengTong Auto Services Dividend growth
China ZhengTong Auto Services Dividend Yield
China ZhengTong Auto Services current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing China ZhengTong Auto Services stock? Use our calculator to estimate your expected dividend yield:
China ZhengTong Auto Services Financial Ratios
China ZhengTong Auto Services Dividend FAQ
Other factors to consider when evaluating China ZhengTong Auto 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 ZhengTong Auto 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 ZhengTong Auto 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 ZhengTong Auto 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 ZhengTong Auto 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 ZhengTong Auto 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 ZhengTong Auto 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 ZhengTong Auto 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 ZhengTong Auto 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 ZhengTong Auto 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.