Chongqing Chuanyi Automation Co., Ltd. researches, manufactures, and markets industrial auto-control systems and devices, and engineering integration services in China. The company offers industrial automation instruments, such as temperature instruments, pressure/differential transmitters, flow meters, level meters, electric actuators, control and special valves, automatic control systems, gas analyzers and systems, liquid analyzers and systems, and laboratory analyzers. It also provides transportation and environmental products, including rail transportations and systems, including PSD/APG system and train electrical traction system; distributed sewage treatment devices; and desulfurization and denitration products. In addition, the company offers materials and components comprising metallic functional materials and sapphire and ruby materials; industrial automation EPC, industrial automation operation and maintenance, valve maintenance and remanufacture, environmental EPC, and rail transit EPC services. It serves power, metallurgy, chemical, nuclear, light, building material, rail transit, municipal engineering, and environmental industries. The company was formerly known as Chongqing Chuanyi Plant Co., Ltd. and changed its name to Chongqing Chuanyi Automation Co., Ltd. Chongqing Chuanyi Automation Co., Ltd. is based in Chongqing, China.
Chongqing Chuanyi Automation Dividend Announcement
• Chongqing Chuanyi Automation announced a annually dividend of ¥0.75 per ordinary share which will be made payable on 2024-07-15. Ex dividend date: 2024-07-15
• Chongqing Chuanyi Automation annual dividend for 2024 was ¥0.75
• Chongqing Chuanyi Automation annual dividend for 2023 was ¥0.60
• Chongqing Chuanyi Automation's trailing twelve-month (TTM) dividend yield is 3.61%
• Chongqing Chuanyi Automation's payout ratio for the trailing twelve months (TTM) is 31.41%
• Chongqing Chuanyi Automation's dividend growth over the last five years (2018-2023) was 35.78% year
Chongqing Chuanyi Automation Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-15 | ¥0.75 | annually | 2024-07-15 |
2023-06-15 | ¥0.60 | annually | 2023-06-15 |
2022-05-30 | ¥0.60 | annually | 2022-05-30 |
2021-06-07 | ¥0.30 | annually | 2021-06-07 |
2020-06-03 | ¥0.20 | annually | 2020-06-03 |
2019-05-23 | ¥0.20 | annually | 2019-05-23 |
2018-06-29 | ¥0.13 | annually | 2018-06-29 |
2017-06-19 | ¥0.10 | annually | 2017-06-19 |
2016-05-30 | ¥0.12 | annually | |
2015-05-13 | ¥0.12 | annually |
Chongqing Chuanyi Automation Dividend per year
Chongqing Chuanyi Automation Dividend growth
Chongqing Chuanyi Automation Dividend Yield
Chongqing Chuanyi Automation current trailing twelve-month (TTM) dividend yield is 3.61%. Interested in purchasing Chongqing Chuanyi Automation stock? Use our calculator to estimate your expected dividend yield:
Chongqing Chuanyi Automation Financial Ratios
Chongqing Chuanyi Automation Dividend FAQ
Other factors to consider when evaluating Chongqing Chuanyi Automation 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: Chongqing Chuanyi Automation'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, Chongqing Chuanyi Automation 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, Chongqing Chuanyi Automation 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 Chongqing Chuanyi Automation 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: Chongqing Chuanyi Automation 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, Chongqing Chuanyi Automation distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Chongqing Chuanyi Automation 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 Chongqing Chuanyi Automation'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 Chongqing Chuanyi Automation'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.